Ilus International Inc (OTC: ILUS) Sees Continued Global Growth Across Its Companies Throughout 2023 As Demand Scales Up For Electric Vehicles (EVs), First Responder equipment, IED detection and Renewables; Life Across The Globe Continues To Recover From The Pandemic, Providing More Acquisition Opportunities
Ilus International Inc (OTC: ILUS) sees continued global growth as their 1st Quarter results bring head turning numbers, including revenues topping $19 million USD and almost $1 million USD in net profits. Their business model, mergers and acquisition investment, has been masterfully executed by the company’s CEO, Nicolas Link.
Stockmarketpress.com features specialized coverage of related stocks in the Electric Vehicles (EVs), First Responder equipment, IED detection, Renewables, along with Oil & Gas and Utilities such as: Ilus International Inc (OTC: ILUS), Tesla, Inc (NASDAQ: TSLA), EVgo (NASDAQ: EVGO), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ), General Motors Company (NYSE: GM), ChargePoint (NYSE: CHPT), Exxon Mobile Corporation (NYSE: XOM)
The opportunities across Electric Vehicles (EVs), First Responder equipment, IED detection, Renewables, along with Oil & Gas and Utilities industries continues to grow at an unprecedented pace. Ilus International Inc (OTC: ILUS) is at the forefront with many cutting edge technologies and products produced by the many subsidiaries and corporate investments they have made.
Below are some of the financial highlights from the 10K annual filing:
2022 Revenue: $78.3M
2022 Net Profit: $4.5M
2022 Revenue Run Rate: $140M (Q4 annualized)
Total Assets: $251M
2023 Annual Revenue Forecast: $200M+
and here is the latest from their recently filed 10Q:
2023 Q1 Revenues: $19.8M
2023 Q1 Net Profit: $0.9M
Economies continue to rebuild at amazing rates throughout most of the countries. Ilus International Inc (OTC: ILUS) is taking full advantage of the needs across diverse markets to secure technologies, acquisitions and investments to maximize shareholder value and their financials. With plans to uplist and one of their subsidiaries, Quality Industrial Corp. (OTC: QIND) also preparing for an NYSE uplist, the skies look clear ahead. Now is the time for action, before the markets start hoping on board as Ilus International Inc (OTC: ILUS) trades around 52 week lows here.
The latest budget pass in the US Congress has typically been followed by a bull market move and we expect nothing less with Ilus International Inc (OTC: ILUS). 2023 is lining up to be an amazing year for the company with the Q1 results posted so far already outshining previous years.
CEO of ILUS, Nicolas Link recently stated, “We have once again demonstrated our ability to deliver strong results in a challenging environment. We remain focused on optimizing and improving key areas within our businesses and delivering key milestones such as the uplisting of our Industrial subsidiary to a National Stock Exchange within the coming months, before continuing onwards to exceed our annual forecasts.”
Early in June 2023, ILUS looks forward to making its next major public announcement regarding its first subsidiary uplist to a National Stock Exchange. Following this announcement, the company plans to provide an update on its second subsidiary uplist, which the ILUS Board has made progress towards following the company’s 2022 Annual Results and therefore plans to complete in 2023. – Ilus International Press release May 23, 2023
Source: Stock Market Press
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