International Land Alliance FY24 Audit Report Confirms Record Revenues Reported in March
Globenewswire·2025-05-22 12:00

Core Points - International Land Alliance, Inc. (ILAL) has filed its audited financial statements for the fiscal year ending December 31, 2024, with the U.S. Securities and Exchange Commission [1] - The audited financials confirm record gross revenues exceeding $8 million and net revenues of $3 million for the year 2024 [2] - ILAL management is progressing towards uplisting to NASDAQ by the end of 2025, with the potential to achieve this without an underwritten offering [3][4] - The company is in the final stages of appointing three independent directors to comply with NASDAQ requirements [4] - Despite global economic challenges, ILAL has maintained steady sales, attributed to its business model and the affordable luxury homes in Baja California [5] Company Overview - ILAL is an international land investment and development firm based in San Diego, California, focusing on sustainable and socially responsible solutions [5] - The company specializes in acquiring raw land in Northern Baja California, aiming to develop a diverse portfolio of properties for investment and living options [5]

International Land Alliance FY24 Audit Report Confirms Record Revenues Reported in March - Reportify