Page 3 - Q1 2022 RNR

Financial Reporting Fiscal 2022 1st Quarter - R N R Construction, Inc. - 2 - In this incredibly dry winter period since the historical storms of December 2021, R N R never
stopped working a single day. Solicitations for R N R pricing beat Tesla’s 0-60 acceleration.
For a snapshot of a multi-year production, the table below discloses a summary exhibit comparing these current 1st quarter results of FY2022 with three (3) prior fiscal years.
Construction Revenue
OPERATIONS GROSS PROFIT
EBIT
Provisions for Tax Reserves
Net INCOME
CASH & Equivalents Receivables
Current Assets Current Liabilities
Total Liabilities Retained Earnings Shareholder Equity Backlog
R N R never carries any debt whatsoever from asset capitalization, purchases or investments and always internally funds all its receivables. R N R still maintains a $ 3,000,000 bank credit facility persistently vacant.
In this 1st quarter, operations delivered a net positive free cash flow of $163,002 (above gross margin) on receipts of $9,197,793. With regards to liquidity, R N R has maintained a set-aside
FY 22 1st Qtr.
1 Jan 22 - 31 Mar 22
$8,461,444
$1,094,268
12.93%
$611,498 $26,000
$585,498
$12,877,473
$3,447,243 $18,858,238
$4,114,829 $4,114,829
$14,541,486 $15,416,486 $23,986,464
FY 21 1st Qtr.
1 Jan 21 - 31 Mar 21
$9,225,849
$1,435,320
15.56%
$1,017,207 $25,700
$991,507
$20,520,142
$3,996,712 $25,093,425
$6,069,715 $6,069,715
$19,743,583 $20,618,583 $33,825,421
FY 20 1st Qtr.
1 Jan 20 - 31 Mar 20
$9,529,272
$1,160,471
12.18%
$596,563 $800
$595,763
$7,564,138
$2,570,972 $12,448,441
$4,372,894 $4,405,816
$9,518,185 $10,393,185 $54,165,276
FY 19 1st Qtr.
1Jan19 -31Mar19
$2,843,358
$517,721
18.21%
$41,370 $800
$40,570
$4,119,043
$1,952,943 $7,918,062
$1,138,328 $1,482,690
$7,955,818
$8,830,818 $82,525,639