Welcome to our dedicated page for ILUSTRATO PICTURES INTL news (Ticker: ILUS), a resource for investors and traders seeking the latest updates and insights on ILUSTRATO PICTURES INTL stock.
ILUSTRATO PICTURES INTL (ILUS) is a mergers and acquisitions company focused on acquiring businesses in public safety, industrial, defense, and renewable sectors. The company has recently made significant progress across its subsidiaries, such as Quality Industrial Corp. filing its S-1 Registration Statement and awaiting SEC comments. ILUS has finalized the acquisition of a company as a Special Purpose Vehicle to further its subsidiary business plan. With plans for Emergency Response Technologies (ERT) to uplist to NYSE American, ILUS is strategically expanding its presence in the US and Middle East. The company is also working on a major acquisition deal to enhance its defense and security offerings, in line with the growing demand in the global defense market.
ILUS International Inc (OTC: ILUS) has reached an agreement to acquire a $100 million revenue company focused on manufacturing for the Oil, Gas, and Utility industries. In 2021, the target company generated over $100 million in revenue and is projected to exceed $200 million in 2022. The acquisition will enhance ILUS's production capabilities for firefighting systems and large vehicles. Following due diligence, the deal aims to close within approximately thirty days. ILUS intends to integrate the acquisition within its Emergency Response Technologies subsidiary.
ILUS International Inc (OTC: ILUS) reported a remarkable 482% increase in Q1 2022 revenue, totaling $3,013,522 compared to Q1 2021. The balance sheet improved by 73% to $34,381,723, marking the highest figure to date. Gross profit rose to $1,859,080 with a net profit of $636,636. The company completed two acquisitions and signed agreements for two more, while expanding operations with new offices in Dubai and Boca Raton. An ongoing audit is near completion, and future disclosures will include recent acquisitions.
ILUS International Inc (OTC: ILUS) has made significant progress following its acquisition of KurveXR, a company specializing in public safety virtual and augmented reality solutions. The acquisition has led to contract discussions for military and emergency response training, with potential contracts in the UAE and Saudi Arabia's NEOM project. KurveXR is exceeding revenue expectations, having secured contracts in multiple sectors and expanding its development team. ILUS aims to participate in a major stock exchange, highlighting its growth strategy and the technology's promising applications.
ILUS International Inc. (OTC: ILUS) is advancing in its mergers and acquisitions strategy, targeting public safety technology companies globally. Since January 2021, the company has acquired seven firms and is negotiating additional acquisitions, including one anticipated to exceed $100 million in annual revenue. ILUS is preparing for major stock exchange participation, aided by a nearing audit completion and planning to enhance shareholder value through share lock-up options. The CEO highlights emerging opportunities amidst current economic conditions, particularly in infrastructure and technology sectors.
ILUS International Inc (OTC: ILUS) has announced a planned acquisition of a fire suppression system company in Florida, expected to enhance its capabilities in US markets. The target company generates approximately $3 million annually and has secured new contracts with notable clients. This acquisition aligns with ILUS' strategy to expand its fire suppression technology into the US, leveraging existing customer relationships. Following due diligence, ILUS is positioned to accelerate its product development and market presence through this acquisition.
ILUS International Inc (OTC: ILUS) announces progress in acquiring public safety technology companies and outlines plans for Q2 2022. The audit by AJSH & Co LLP is ongoing, aiming for a name change and uplisting to OTCQB by summer 2022. During Q1, ILUS completed three acquisitions and expects strong sales growth. A significant wildfire company and an emergency response communications company are targeted for acquisition. With government support in Serbia, a major deal is anticipated. Upcoming exhibitions include advanced firefighting tech, enhancing visibility in the sector.
ILUS International Inc (OTC: ILUS) is advancing its M&A strategy with seven acquisitions in 14 months. The company is investing in Čačak, Serbia, acquiring manufacturing facilities for ILUS EV Technologies, which is expected to create thousands of jobs and generate hundreds of millions of Euros in revenue. The project supports Čačak's goal to become a leader in renewable energy technology production. By 2029, projected revenues for ILUS EV Technologies may reach hundreds of millions annually, with support from the local government enhancing the business environment.
ILUS International is a Mergers and Acquisitions company focused on public safety technology. At the January 28, 2022, Annual Shareholder's Meeting, it announced plans for a renewables subsidiary named Replay Solutions, set to launch operations in Serbia and Dubai in Q2 2022, with US operations commencing in Q4 2022. The renewables subsidiary aims at urban mining, recovering precious metals from electronic waste. Replay Solutions has secured government contracts and is positioned to capitalize on the increasing demand for precious metals amid growing electronic waste globally.
ILUS International Inc (OTC: ILUS) has appointed AJSH & Co LLP as its auditors, starting an audit expected to be completed by summer 2022. The company plans to file its Form 10 with the SEC to become a fully reporting entity and will change its name from Ilustrato Pictures International Inc. to ILUS International Inc. Additionally, it aims to up list from the OTC Pink Market to the OTCQB. CEO Nick Link noted this development is part of the company’s ongoing strategy, which includes the advancement of its subsidiaries like Emergency Rescue Technologies.
ILUS International Inc (OTC: ILUS), a Mergers and Acquisitions firm, is capitalizing on increased oil prices and demand for defense and rescue vehicles in the Middle East. The company has opened a new office in Dubai and is leasing a facility in Boca Raton, Florida, while exploring options in Riyadh. With oil prices expected to exceed $140 per barrel, ILUS anticipates higher capital expenditures in the region, boosting revenues from its subsidiaries. The company is also actively pursuing contracts linked to Saudi Arabia's $500 billion NOEM project and expanding its workforce to meet rising demands.
FAQ
What is the current stock price of ILUSTRATO PICTURES INTL (ILUS)?
What is the market cap of ILUSTRATO PICTURES INTL (ILUS)?
What sectors does ILUSTRATO PICTURES INTL focus on?
What recent achievements has ILUS made?
What is the strategic focus of ILUS?
What major acquisition deal is ILUS working on?
How is ILUS adapting to challenges and market conditions?
