Welcome to our dedicated page for Alliance Creative Group news (Ticker: $ACGX), a resource for investors and traders seeking the latest updates and insights on Alliance Creative Group stock.
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Alliance Creative Group (ACGX) announced its Q1 2024 financial results, reporting an 88% increase in net income from Q1 2023 to Q1 2024. Revenues and gross profits for Q1 2024 were $217,916, and net income was $142,330. The company listed its West Devon property for sale at $3.95 million with a 7.97% cap rate. As of March 31, 2024, total assets stood at $4,531,689, with cash on hand of $156,554. Outstanding common shares were 4,454,211, with 2,799,023 shares in the float. CEO Paul Sorkin emphasized the company's strategy of low expenses and strategic investments to drive growth, with PeopleVine having a strong quarter and ongoing discussions for future opportunities.
