If you want to invest in future technology and at the same time have piece of mind knowing the company you invested in is growing then this article is for you.
Accelerating revenue growth and innovative products is what Franchise Holdings International (OTCQB:FNHI) is all about.
Large Revenues, Profits and Operations in Four Growing sectors
Franchise Holdings International (OTCQB:FNHI) is the Holding company of Worksport Limited, an innovative automotive tech company that reinvented Truck bed covers with Solar technology.
Solar Energy, Electric vehicles, Pickup Truck sales and Pickup Truck Bed Covers are all growing markets which will accelerate growth much more over many years to come.
Self charging Fully Electric Pick Up Trucks with innovative solar truck beds?
By combining solar technology with the normal generally known tonneau cover Worksport was able to develop a solar power generating truck bed cover to have power on demand available for both work and sport outdoor activity and in the future to extend the driving range of the fast growing global market of Electric pickup trucks.
Electric vehicles will grow from 3 million to 220 million by 2030
The International Energy Agency (IEA) states that electric vehicles will grow from 3 million to 125-220 million by 2030. With companies as Tesla, Workhorse and Volkswagen developing electric pickup trucks more and more automotive companies started the development of electric vehicles like JEEP Range Rover, BMW, Mercedes, Audi and a lot others around the globe which is good news for Franchise Holdings International.
Truck bed covers sales almost doubled in three years
The SEMA research shows that truck bed cover sales almost doubled in just 3 years time. With normal Pickup Truck sales growing year over year and mayor electric vehicles growth at its start position this means very good news for Franchise Holding International (OTCQB:FNHI) and its subsidiary Worksport. All product lines of Worksport will benefit from several growing markets, the regular tonneau cover product lines will benefit from the fast growing truck bed cover sales and the year over year growing pickup truck sales. The Helios Solar Truck Bed Covers will benefit from the still very young and fast growing Electric vehicles market and the enormous and also fast growing renewable energy market.
Global Renewable energy investments higher then ever before
The world likes to create a clean environment where more solutions are developed for efficient use of solar energy every day.
With global solar energy investments growing like never before Franchise Holdings Internationals subsidiary Worksport is
operating in the growing market of solar technology. Different ways of implementing their technology through partnerships or
licence deals in the future is possible and would open opportunities to new innovative revenue sources.
Source: Official Renewable Energy Policy Network
8.5 Billion Dollars – More Money than Ever to be Made in exterior accessories
According to the 2017 SEMA Market Report, truck bed liners and other bed accessories were a 680-million-dollar business in 2016. That’s a 6 million dollar increase compared to the prior year. Additionally, the exterior accessory and appearance products segment, as a whole, is projected to top out at 700 million dollars in growth (from 7.8 to 8.5 BILLION dollars) during 2017. And truck bed liners and bed accessories will account for nearly 10 percent of that market. So it’s safe to say that there is more money than ever to be made in this growing segment.
Multiple products and growing revenue sources in place
Investors who like piece of mind in terms of revenue growth are lucky. Beside the innovation in solar panel truck bed technology Franchise Holdings International (OTCQB:FNHI) has multiple high quality and highly demanded truck bed cover lines through it’s subsidiary Worksport. With 5 different product lines and a popular custom private label program Worksport has it all.
A Successful Track Record in Canada & USA
For the past ten years CEO Steven Rossi has been developing companies in the automotive industry. Mr. Rossi brings the ability to create a vision, mastermind innovative products and lead his team in the execution of the ensuing strategy. This was clearly demonstrated when his previous company in the auto parts and recycling business was acquired.
Operating in corporate finance and capital markets for over 18 years. Director Paul Haber of Gunpowder Capital has helped many companies navigate the IPO/RTO process and has participated in numerous M&A and financing transactions.
Over 25 years management experience in technology and founder of the very first E-learning Academy. Chairman Lorrenzo Rossi served as an Executive Director with Neotel which traded on the TSX. Managed a budget of 300 million dollars for the York Catholic District School Board.
Specialized in public company operations, financial statements, analysis, and IFRS. CFO Micheal Johnston holds both the Chartered Professional Accountant (Canada) and Certified Public Accountant (United States) designations. Therefore a great value for Franchise Holdings International (OTCQB:FNHI).
Canadian Securities Exchange listing begin 2019
Franchise Holdings International (OTCQB:FNHI) has applied for a dual listing on the CSE (Canadian Securities Exchange). The dual listing lead by Gunpowder Capital (CSE:GCP) will lead to more investors interest and is expected to accelerate shareholder value. On top of that Gunpowder Capital will provide $450,000 growth capital to accelerate sales even more then they already do.
In short, lots of amazing events to come for Franchise Holdings International (OTCQB:FNHI) and it’s shareholders, CSE Listing is is expected early 2019.
Huge Future Buyout Potential
High quality innovative truck bed covers and Solar Technology Power covers with a huge potential for a future buyout. Mayor old fashion automotive accessory companies have been consistently buying out Truck bed manufactures where as one of the latest was for over $145,000,000. Franchise Holdings International (OTCQB:FNHI) is with its subsidiary Worksport the last independent innovative and fast growing truck bed manufacture and the only truck bed manufacture which is publicly traded and therefore very accessible for investors to invest in to profit from the market developments. With the innovative solar technology and the highly innovative truck bed covers Franchise Holdings International with its subsidiary Worksport have become an unique and innovative company in its segment to invest in.