MRCRMoro Corporation

About Moro Corporation (MRCR)

Moro Corporation (MRCR) is a Engineering & Construction company headquartered in Natick, MA, United States whose shares trade over-the-counter on the Pink tier.

Moro Corporation is a multi-subsidiary construction products and services company. Moro's contracting subsidiaries provide electrical, structural steel, and HVAC products and services to a variety of commercial and residential customers located in New Jersey, New York, Rhode Island, Massachusetts, Connecticut and Pennsylvania. Moro Corporation is comprised of four operating units: Appolo Heating, Rondout Electric, J.M. Ahle Co, and Whaling City Iron.

Products and services

Our Construction Materials operating units fabricate reinforcing steel (also known as rebar) and distributes construction accessories. The products are primarily sold to concrete contractors who use the products as a component in the construction of roads, bridges, buildings and other structures. The products are sold in metropolitan New York City, throughout New Jersey, eastern Pennsylvania and the greater Boston and Providence area. The business is a very competitive and largely a commodity driven business. Competitors primarily compete on price and the ability to service customers on a timely basis and on the ability to properly prepare materials to the required size and shape. Steel is generally purchased directly from one of several domestic steel mills while construction accessories are purchased from various manufacturers. The Company believes that it has satisfactory relationships with its various vendors. Our Construction Contracting units provide heating, ventilating and air conditioning (HVAC); plumbing and process piping; industrial electrical products (high voltage, fiber optics, building controls); contracting services as a subcontractor or as a prime contractor. In the market between the greater Albany and northern Westchester County sections of New York State, the Company sells, installs and services heating, ventilating and air conditioning (HVAC) systems to both residential and commercial customers. Primarily in the market between the greater Albany

MRCR key facts

Ticker symbol

MRCR

Market tier

Pink

Sector

Industrials

Industry

Engineering & Construction

Headquarters

Natick, MA, United States

Country of incorporation

US

Year of incorporation

1992

Employees

189

Estimated market cap

$14.38M (as of Apr 11, 2025)

Shares outstanding

6,119,337

Reporting standard

Alternative Reporting Standard

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

Moro Corporation leadership

• Neil H Kessler — President
• Alex Barna — CFO
• Ehud Israel — Chief Strategy Officer

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