International Land Alliance (OTCQB:ILAL) has filed its audited financial statements for FY2024, confirming the record revenues reported in March. The audit verified annual gross revenues exceeding $8 million and net revenue of $3 million. The company is progressing towards its goal of uplisting to NASDAQ by end of 2025, potentially without requiring an underwritten securities offering. ILAL is in final stages of appointing three independent directors to meet NASDAQ requirements. Despite global economic challenges, the company maintained steady sales in Q1 2025, attributing its resilience to its business model focused on affordable luxury homes in Baja, Mexico, near San Diego. The company's strategy of acquiring raw land in Northern Baja California and developing properties continues to drive growth.
International Land Alliance (OTCQB:ILAL) ha presentato i suoi bilanci finanziari certificati per l'anno fiscale 2024, confermando i ricavi record comunicati a marzo. La revisione ha attestato ricavi lordi annui superiori a 8 milioni di dollari e un ricavo netto di 3 milioni di dollari. L'azienda sta avanzando verso l'obiettivo di quotarsi al NASDAQ entro la fine del 2025, potenzialmente senza necessità di un'offerta di titoli sottoscritta. ILAL è nelle fasi finali di nomina di tre amministratori indipendenti per soddisfare i requisiti del NASDAQ. Nonostante le sfide economiche globali, la società ha mantenuto vendite stabili nel primo trimestre del 2025, attribuendo la sua resilienza al modello di business focalizzato su case di lusso accessibili in Baja, Messico, vicino a San Diego. La strategia aziendale di acquisire terreni grezzi nel Nord della Baja California e sviluppare proprietà continua a stimolare la crescita.
International Land Alliance (OTCQB:ILAL) ha presentado sus estados financieros auditados para el año fiscal 2024, confirmando los ingresos récord reportados en marzo. La auditoría verificó ingresos brutos anuales superiores a 8 millones de dólares y un ingreso neto de 3 millones de dólares. La compañía avanza hacia su objetivo de cotizar en NASDAQ para finales de 2025, posiblemente sin requerir una oferta de valores suscrita. ILAL está en las etapas finales de nombrar tres directores independientes para cumplir con los requisitos de NASDAQ. A pesar de los desafíos económicos globales, la empresa mantuvo ventas estables en el primer trimestre de 2025, atribuyendo su resistencia a su modelo de negocio enfocado en viviendas de lujo asequible en Baja, México, cerca de San Diego. La estrategia de la compañía de adquirir terrenos sin desarrollar en el norte de Baja California y desarrollar propiedades sigue impulsando su crecimiento.
International Land Alliance(OTCQB:ILAL)는 2024 회계연도 감사 재무제표를 제출하며 3월에 보고된 기록적인 매출을 확인했습니다. 감사 결과 연간 총 매출이 800만 달러를 초과하고 순수익이 300만 달러에 달함이 검증되었습니다. 회사는 2025년 말까지 NASDAQ 상장을 목표로 하고 있으며, 보통주 인수 공모 없이도 가능할 것으로 보입니다. ILAL은 NASDAQ 요건을 충족하기 위해 세 명의 독립 이사를 임명하는 최종 단계에 있습니다. 전 세계적인 경제 어려움에도 불구하고 회사는 2025년 1분기에 안정적인 매출을 유지했으며, 이는 샌디에이고 인근 멕시코 바하 지역의 합리적인 가격대의 고급 주택에 중점을 둔 비즈니스 모델 덕분이라고 밝혔습니다. 북부 바하 캘리포니아의 미개발 토지를 매입하고 부동산을 개발하는 회사의 전략은 지속적인 성장을 견인하고 있습니다.
International Land Alliance (OTCQB:ILAL) a déposé ses états financiers audités pour l'exercice 2024, confirmant les revenus records annoncés en mars. L'audit a vérifié des revenus bruts annuels dépassant 8 millions de dollars et un revenu net de 3 millions de dollars. L'entreprise progresse vers son objectif d'une cotation au NASDAQ d'ici fin 2025, potentiellement sans avoir besoin d'une émission de titres souscrite. ILAL est en phase finale de nomination de trois administrateurs indépendants pour répondre aux exigences du NASDAQ. Malgré les défis économiques mondiaux, la société a maintenu des ventes stables au premier trimestre 2025, attribuant sa résilience à son modèle économique axé sur des maisons de luxe abordables à Baja, au Mexique, près de San Diego. La stratégie de l'entreprise consistant à acquérir des terrains bruts dans le nord de la Basse-Californie et à développer des propriétés continue de stimuler sa croissance.
International Land Alliance (OTCQB:ILAL) hat seine geprüften Finanzberichte für das Geschäftsjahr 2024 eingereicht und damit die im März gemeldeten Rekordumsätze bestätigt. Die Prüfung bestätigte jährliche Bruttoeinnahmen von über 8 Millionen US-Dollar und einen Nettoumsatz von 3 Millionen US-Dollar. Das Unternehmen arbeitet darauf hin, bis Ende 2025 an der NASDAQ gelistet zu sein, möglicherweise ohne eine unterzeichnete Wertpapieremission. ILAL befindet sich in der Endphase der Ernennung von drei unabhängigen Direktoren, um die Anforderungen der NASDAQ zu erfüllen. Trotz globaler wirtschaftlicher Herausforderungen hielt das Unternehmen im ersten Quartal 2025 stabile Verkaufszahlen und führt seine Widerstandsfähigkeit auf sein Geschäftsmodell zurück, das sich auf erschwingliche Luxusimmobilien in Baja, Mexiko, nahe San Diego konzentriert. Die Strategie des Unternehmens, unerschlossene Grundstücke in Nord-Baja California zu erwerben und Immobilien zu entwickeln, treibt das Wachstum weiterhin voran.
Positive
Record financial performance with $8M gross revenue and $3M net revenue in FY2024
Potential NASDAQ uplisting by end of 2025 without need for underwritten offering
Maintained steady sales in Q1 2025 despite challenging global economic conditions
Strategic location advantage with affordable luxury homes near San Diego
Negative
None.
SAN DIEGO, May 22, 2025 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILAL” or the “Company”), an international land investment and development firm, is pleased to announce that it has filed its audited financial statements for the fiscal year ending December 31, 2024 with the U.S. Securities and Exchange Commission.
The record top-line and bottom-line unaudited revenue figures reported back in March are in line with the audited numbers filed yesterday in the Company’s Annual Report on Form 10-K. The Company’s audit report confirmed annual gross revenues exceeded a record $8 million and net revenue of $3 million.
“The successful audit of ILAL’s financial reporting is a credit to vigilance of management and staff overseeing the day-to-day financial operations of the Company,” said ILAL president Frank Ingrande. “As we continue to move forward in the process to uplist to NASDAQ, our ability to publish accurate financials and follow through with our promises have gone a long way towards establishing an unwavering trust with our loyal shareholders.”
ILAL management continues to make progress towards its goal of moving up to the NASDAQ stock exchange by the end of 2025. With the record revenues from 2024, ILAL management is looking at the possibility of achieving listing without the need for an underwritten offering of its securities.
“We are in the final stages of interviewing and vetting candidates to become our three independent directors on the ILAL Board of Directors, in accordance with Nasdaq requirements” Mr. Ingrande added.
On the operations front, the Company appears to have maintained steady sales through the first three months of 2025 despite the turbulent global economic conditions that have hampered the public markets.
“While we are surely not immune to global economic events, our business model has somewhat insulated ILAL from so much of what has plagued the global markets,” Mr. Ingrande said. “The low cost of living in Baja combined with the affordable luxury homes available in our various resort locations just a quick drive from San Diego actually positions us to drive strong sales in uncertain economic times.”
About International Land Alliance, Inc.:
International Land Alliance, Inc. (OTCQB: ILAL) is an international land investment and development firm based in San Diego, California. As its’ core mission, the Company has embraced technology for sustainable and socially responsible solutions, in addition to using proptech and construction tech advanced applications to meet these goals. The Company focuses on acquiring attractive raw land primarily in Northern Baja California, often within driving distance of Southern California. The Company serves its shareholders by devoting considerable time and resources to seeking out the finest sites available and obtaining the necessary development permits to build a compelling portfolio of properties, which provide a diversity of investment and living options. Please visit: www.ila.company..
No Offer or Solicitation
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Safe Harbor Statement
The press release may include certain statements that are not descriptions of historical facts but are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects,” or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations, and actual results may vary (perhaps materially) from certain of the results anticipated herein.
What were ILAL's revenue numbers for fiscal year 2024?
International Land Alliance reported record revenues for FY2024, with gross revenues exceeding $8 million and net revenue of $3 million.
When does International Land Alliance (ILAL) plan to uplist to NASDAQ?
ILAL aims to uplist to NASDAQ by the end of 2025, potentially without requiring an underwritten securities offering.
How did ILAL perform in Q1 2025?
ILAL maintained steady sales through the first three months of 2025 despite turbulent global economic conditions.
What is International Land Alliance's main business focus?
ILAL is an international land investment and development firm that focuses on acquiring raw land in Northern Baja California and developing properties, particularly affordable luxury homes near San Diego.
What steps is ILAL taking to meet NASDAQ listing requirements?
ILAL is in the final stages of interviewing and vetting candidates to appoint three independent directors to its Board, in accordance with NASDAQ requirements.
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