{"id":14896,"date":"2025-06-11T20:03:19","date_gmt":"2025-06-12T01:03:19","guid":{"rendered":"https:\/\/1reason.com\/re\/international-land-alliance-fy24-audit-report-confirms-record-revenues-reported-in-march\/14896\/"},"modified":"2025-06-12T15:03:19","modified_gmt":"2025-06-12T20:03:19","slug":"international-land-alliance-fy24-audit-report-confirms-record-revenues-reported-in-march","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/international-land-alliance-fy24-audit-report-confirms-record-revenues-reported-in-march\/14896\/","title":{"rendered":"International Land Alliance FY24 Audit Report Confirms Record Revenues Reported in March"},"content":{"rendered":"
Securities and Exchange Commission. <\/p>\n

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\u2019s Annual Report on Form 10-K. The Company\u2019s audit report confirmed annual gross revenues exceeded a record $8 million and net revenue of $3 million.<\/p>\n

\u201cThe successful audit of ILAL\u2019s financial reporting is a credit to vigilance of management and staff overseeing the day-to-day financial operations of the Company,\u201d said ILAL president Frank Ingrande. \u201cAs 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.\u201d<\/p>\n

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.<\/p>\n

\u201cWe 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\u201d Mr. Ingrande added.<\/p>\n

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.<\/p>\n

\u201cWhile 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,\u201d Mr. Ingrande said. \u201cThe 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.\u201d<\/p>\n

About International Land Alliance, Inc.:<\/em><\/strong><\/p>\n

International Land Alliance, Inc. (OTCQB: ILAL) is an international land investment and development firm based in San Diego, California. As its\u2019 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<\/a>..<\/p>\n

No Offer or Solicitation<\/em><\/strong><\/p>\n

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.<\/p>\n

Safe Harbor Statement<\/em><\/strong><\/p>\n

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,\u201d 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.<\/p>\n

CONTACT:<\/strong>
Gregg Boehmer, IR Consultant
laynemichaelconsulting@gmail.com<\/strong><\/a><\/p>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

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SAN DIEGO, May 22, 2025 (GLOBE NEWSWIRE) — International Land Alliance, Inc. (OTCQB:ILAL), (\u201cILAL\u201d or the \u201cCompany\u201d), 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.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14896"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=14896"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14896\/revisions"}],"predecessor-version":[{"id":14900,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14896\/revisions\/14900"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=14896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=14896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=14896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}