Ilustrato Pictur Stock Price, News & Analysis

ILUS International Inc. (OTC: ILUS) is a company focused on Mergers and Acquisitions within public safety, industrial, defense, and renewable sectors. Following a recent filing of strong 2022 annual results, ILUS confirmed its industrial subsidiary, Quality Industrial Corp. (OTC: QIND), is preparing to uplist to the NYSE American. ILUS is also set to apply for uplisting to the OTCQB, the mid-tier of the OTC market. This dual uplisting strategy aims to enhance access to capital and accelerate growth. ILUS believes that QIND's uplisting will significantly boost its balance sheet and unlock greater financing options. The anticipated timelines expect QIND's uplisting during summer 2023, while ILUS aims for a subsequent uplisting. The leadership is optimistic about ongoing business progress and plans to release updates in the coming weeks.

ILUS International has announced its fiscal year 2022 results, showcasing a significant revenue of $78.3M and a net profit of $4.5M. The company's revenue run rate reached $140M in Q4, with expectations of exceeding $200M for 2023. Total assets were reported at $251M. The firm has completed audits for 2020-2022 and is now SEC reporting compliant. ILUS has expanded its portfolio to 11 companies and holds over $150M in purchase orders. Key growth areas include the expansion of Emergency Response Technologies in the U.S. and plans to uplist its subsidiary QIND. CEO Nicolas Link emphasized their progress amidst market challenges, aiming for greater achievements in 2023.

ILUS International Inc. (OTC: ILUS) has secured $5.5 million in funding from RB Capital Partners, Inc., aimed at settling a $2 million note with Discover Growth Fund LLC and providing working capital for future acquisitions. This strategic move is crucial given the current downturn in capital markets, which has made funding more difficult. ILUS highlighted the importance of maintaining access to capital for growth amidst a potential recession. CEO Nick Link emphasized that previous funding from RB Capital contributed to significant revenue growth, and the company anticipates similar success in 2023.

ILUS International Inc. (OTC: ILUS) has established Hyperion Defense Solutions to enhance its defense sector growth through acquisitions and strategic partnerships. Co-founded by two experienced British military veterans, Hyperion aims to acquire defense companies with advanced technology and intellectual property rights. The global defense market is projected to reach $718 billion by 2027, driven by geopolitical tensions and increased demand for security. Hyperion's strategy includes targeting technologies for Joint Close Air Support, Counter IED, and Security Risk Management. The company anticipates generating over $15 million in profitable revenue this year.

ILUS International Inc. (OTC: ILUS) held its 2nd Annual Shareholder Meeting on January 27, 2023, to discuss its 2022 performance and roadmap for 2023. Key highlights include a 450% revenue growth compared to 2021, completion of audits for 2020 and 2021, and the filing of Form 10, granting SEC reporting status. Projections for 2023 forecast revenue of over $200 million, with plans to acquire two additional companies in Q1 and generate up to $180 million from potential acquisitions. The company has expanded its workforce to 1,200 employees and facilities to over 10 million square feet, aiming for a multi-billion-dollar valuation by 2025.

ILUS International Inc. (OTC: ILUS) announced its Form 10 Registration statement became effective on December 19, 2022, allowing it to comply with SEC reporting requirements. The company aims to enhance transparency for its shareholders and plans to apply for up-listing to the OTCQB Venture Market, which will expand its visibility to investors. John-Paul Backwell, Managing Director, highlighted this as a significant regulatory milestone. The compliance will include periodic reports and shareholder transparency measures.

ILUS International Inc. (OTC: ILUS) has signed a Share Purchase Agreement to acquire 51% of AL Shola Al Modea Safety and Security LLC (ASSS), a fire safety company in the UAE. This strategic move aims to enhance ILUS's market presence in the Middle East and support its expansion into Saudi Arabia. ASSS, a profitable company with a strong order book for 2023, is expected to generate over $4.5 million in revenue. ILUS will pay $714,000 for the shares, contingent on meeting revenue projections. The acquisition is anticipated to strengthen ILUS's fire safety strategies across the region.

ILUS International Inc (OTC: ILUS) reported a record third quarter, showcasing significant growth in its financial metrics. Revenue soared to $20,419,421, marking a 550% increase year-over-year. The net profit rose 203% to $1,187,494, and assets surged 187% to $77,299,258. The company is on track to become a fully reporting entity by year-end and aims to uplist from the OTC Pink Market to OTCQB. Management anticipates an even stronger fourth quarter and plans to announce strategic deals shortly.

Ilustrato Pictures International Inc. (OTC: ILUS) has filed its Form 10-12G Registration Statement with the SEC, marking a significant step toward transparency and accountability for the company. The form includes detailed financial statements revealing audited revenues of $11.2 million for 2021 and $19.7 million in net revenue for Q2 2022. Following the filing, ILUS will adhere to full SEC reporting requirements, including quarterly and annual reports, and plans to uplist from the OTC Pink Market to OTCQB. CEO Nicolas Link emphasized the company's commitment to growth and transparency.