National Waste Management Holdings, Inc. (NWMH) Reports 161% Jump in 2016 Revenues Following Two Acquisitions

National Waste Management Holdings, Inc. (OTC: NWMH), in a SEC 10-K Annual Report filed on April 17, 2017, for the year ended December 31, 2016, reported revenues of $6,345,324 compared to $2,429,747 (restated) for the same period in 2015, representing a 161% jump. The increase in sales was due primarily to the firm’s acquisitions of Waste Recovery Enterprises, LLC (“WRE”) in October 2015, and Gateway Rolloff Services, LP, on December 1, 2015. Revenue in 2016 also grew due to a larger customer base, increased construction activity in Florida and the May 2016 acquisition of commercial collection company Sivart Services, LLC, which allowed the company to extend services into Cooperstown, New York.

NWMH is a vertically-integrated solid waste management company with six primary operations: landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding and mulch sales. The company operates in Florida and New York. By acquiring…

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