Royalty Management’s Environmental Services reports record revenue for March

Royalty Management Holding announced that its environmental services business, under the wholly-owned subsidiary, RMC Environmental Services LLC, has recorded record monthly revenue for the month of March, which equates to a positive cash flow run rate equivalent for all of Royalty Management Holding Corporation. “We are very excited for the success of our growing environmental services business line and the record revenue that those operations achieved in the month of March” stated Thomas Sauve, CEO of RMCO. Mr. Sauve continued, “Hamilton County, Indiana continues to be a rapidly expanding region with a substantial amount of residential, municipal and commercial development. Our business benefits greatly from the need to secure environmental and construction projects and provide management and fill storage for these projects. This revenue has been achieved with very little marketing of our services to the broader community, and with our recent expansion and success, we hope to evaluate ways to further bolster the Company’s revenue growth over the course of the next few years, while continuing to minimize the costs of this division. At RMC Environmental Services, we are laser focused on maintaining an extremely low-cost business structure as a whole so that as we further expand revenues, and combined with our other investments and businesses lines, we can commence a consistent dividend policy for our investor base in the near future”.