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$ACGX News ~ Annual Revenues Increased $1,721,740

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Post# of 43997
(Total Views: 142)
Posted On: 04/20/2022 9:19:21 AM
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Posted By: jmtimz
$ACGX News ~ Annual Revenues Increased $1,721,740 compared to 2020 for an 18.4% increase CHICAGO, Ill., April 1, 2022 /PRNewswire/ -- InvestorsHub NewsWire -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (Stock Symbol OTC: ACGX) is pleased to announce the results of Operations for the Three Months Ending December 31, 2021.

Revenues for the quarter ending December 31, 2021 ("Q4 2021" were $3,141,023

Gross Profits for the quarter ending December 31, 2021 ("Q4 2021" were $696,793

Net Income for the quarter ending December 31, 2021 ("Q4 2021" were $(42,537)

The total assets on the Balance Sheet for the Alliance Creative Group as of 12/31/21 were $4,083,533.

The total outstanding common shares as of December 31, 2021 ("Q4 2021" were 2,014,611 with 1,423,971 of those shares in the float.

The Company ended the quarter and year with $31,291 Cash on hand.

Total Stockholder Equity as of 12/31/21 was $1,528,824

Annual financials were:

2021 Revenues: $11,065,770

2021 Gross Profits: $2,427,526

2021 Net Income: $250,945

The full financial statement, balance sheet, statement of operations, cash flow statement, and disclosure statements are posted on the OTC Market Company website at www.OTCmarkets.com under the stock symbol ACGX in the section for filings and disclosure and on www.ACGX,us in the investor relations section.

Steve St. Louis, CEO of the Alliance Creative Group, Inc., said, "We finished 2021 strong with another good quarter and improved all our key financial numbers compared to 2020. 2022 has started off well and I believe it will be another positive year. Our team has done a great job expanding our kitting and fulfillment services and I believe we will significantly increase that vertical of the business in 2022 and 2023. We are continuing to evaluate all growth opportunities and are looking at all big picture long term opportunities and will update the public if and when anything changes."

https://finance.yahoo.com/news/alliance-creat...00882.html




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