Mesa Home Resources Inc. Lays Foundation for Strategic Growth and Discusses 2023 Financial Highlights

ANAHEIM, CA / ACCESSWIRE / April 30, 2024 / Mesa Home Resources Inc. (OTC PINK:MHRE) ("Mesa" or the "Company"), a leader in Southern California's home improvement sector specializing in premium garage doors, entry doors, and custom gates, announces its financial results for the fiscal year ended December 31, 2023. With filings now available on OTC Markets, the Company has experienced financial growth on a consolidated basis due to the strategic acquisition of DCE Construction, Inc. d/b/a Mesa Garage Doors (the "Acquisition"), positioning itself for potential future success.

Dwight Esnard, CEO of Mesa Home Resources Inc., shared, "Our journey through the last year has been one of substantial achievement and progress. Our consolidated and unaudited financial results include gross income of $22 million, gross profit of $8.3 million, and a net loss of $(31,906) with net income of $156,465 from the Mesa standalone operating division, illustrating the successful execution of our business strategies and the hard work of our dedicated team. This year has been about strengthening our core business while laying the groundwork for future expansion and diversification."

Financial Highlights of Fiscal Year Ended December 31, 2023

Revenue: As a result of the Acquisition, Mesa Home Resources Inc. reported gross consolidated gross revenue of $22 million.

Strategic Achievements: The year was marked by the strategic achievement of the Acquisition.

Strategic Directions for Future Growth: With a solid financial foundation, the Company is eyeing several strategic growth initiatives.Key areas of focus include:

Service and Product Expansion: Expanding the range of services offered for the garage door market as well as complementary consumable items, including the introduction of new home improvement products beyond garage doors such as windows, roofing and doors, to meet the diverse needs of our growing customer base.

Operational Excellence: Continual investment in operational infrastructure by hiring additional key personal, vertically integrating the supply chain, reducing the cost of raw materials, to streamline project delivery and enhance customer satisfaction.

Market Penetration: Leveraging the strength of the Mesa brand to deepen market penetration in Southern California, coupled with exploring opportunities in adjacent markets first within California and then expanding nationally. The Company intends to aggressively seek M&A opportunities to rollup strategically aligned business that complement and enhance Mesa's operations nationally.