BOSTON, MA – May 21, 2025 – Tiderock Companies, Inc. (OTCQB: TDRK), a diversified holding company focused on strategic acquisitions and growth, today announced its financial results for the quarter ended March 31, 2025, and provided an update on its recent acquisition and transition into the manufacturing sector.
First Quarter Financial Highlights:
- Total revenue increased to $264,359, up 83% from $144,871 in Q1 2024.
- Product revenue contributed $183,920, reflecting the company’s shift toward manufacturing.
- Net loss of $170,072, primarily attributed to early-stage investments in operations and infrastructure of the newly acquired manufacturing subsidiary.
Strategic Update – Acquisition of GRP Alliance Ltd
During the fourth quarter of 2024, Tiderock Companies finalized its acquisition of UK-based GRP Alliance Ltd, now operating as Tiderock Composites, a manufacturer specializing in fiberglass-reinforced plastic (FRP) solutions for the rail, marine, industrial, and construction sectors. This acquisition represents a pivotal transformation for Tiderock as it pivots from consulting and investment into full-scale manufacturing and product development.
“The first quarter marks the beginning of a new era for Tiderock,” said William Waldrop, CFO of Tiderock Companies. “With the integration of GRP Alliance under our brand as Tiderock Composites, we are laying the foundation for a manufacturing-focused future. The growth in product revenue this quarter reflects the strength of our new business model and the capabilities of our composites division.”
Tiderock Composites has already secured key contracts with international transportation and infrastructure firms and is actively pursuing additional supply agreements across Europe and North America. The company is also evaluating strategic partnerships with other composites manufacturers to vertically align capabilities and scale production capacity.
Looking Ahead
Tiderock’s strategic focus remains on scaling operations, expanding its pipeline of manufacturing contracts, and investing in infrastructure to support long-term revenue growth and shareholder value.
About Tiderock Companies, Inc.
Tiderock Companies, Inc. (OTCQB: TDRK) is a holding company focused on strategic acquisitions in high-growth sectors. The company currently operates through its wholly owned subsidiary, Tiderock Composites, which specializes in the design and manufacturing of advanced fiberglass-reinforced products for industrial and transportation markets.
For more information, please visit: www.tiderockcomposites.com
Contact:
Investor Relations
Tiderock Companies, Inc.
Email: investors@tiderockcompanies.com
Phone: +1 (800) 791-8433