Monday, June 05, 2023

#StockMarket News- ILUS International Inc (OTC: $ILUS) Sees 557% Q1 Revenue Increase, Begins National Exchange Uplist Procedure for Subsidiaries and Company

#StockMarket News- ILUS International Inc (OTC: $ILUS) Sees 557% Q1 Revenue Increase, Begins National Exchange Uplist Procedure for Subsidiaries and Company

 

Stocks to watch: $ILUS, $MULN, $VPLM, $MONI, $CNNA

 

ILUS International Inc (ILUS) Sees 557% Q1 Revenue Increase, Begins National Exchange Uplist Procedure for Subsidiaries and Company

 




New York, NY -- June 5, 2023 -- Stock Market Press, a leading financial news company that delivers up to date stock news discusses ILUS International Inc (USOTC:ILUS), Voip-Pal.com Inc. (USOTC:VPLM), Moon Equity Holdings Corp. (USOTC:MONI), Cann American Corp. (USOTC:CNNA) and Mullen Automotive, Inc. (NASDAQ:MULN)

 

Read this news, featuring ILUS in full at

https://www.investorideas.com/news/2023/main/06051ILUS-International.asp

 

What is a relatively small company, ILUS International Inc (USOTC:ILUS) has expanded their portfolio to include EV’s, Oil & Gas and Utility sectors, emergency services markets, recycling precious metals, national defense solutions and more.

 

This is a true holding company that has executed on acquisitions and growth across a network of subsidiaries to secure a diverse global footprint while allowing for rapid pivoting to take advantage of new technologies and sectors.

 

The benefits of such a diverse and high demand network of companies are critical in today’s economy. Some of these benefits include:

 

-Global solutions

-Repeat clients across both public and private sectors

-Reduced impact due to localized or global recessions

-Cross company efficiency

-Attractive to investors

 

The most recent 10-Q Quarterly financial filing shows the company has seen tremendous growth in 2023:

 

- A 557% revenue increase

- A 44% increase in net profits

- The balance sheet has increased over 600% compared to the same quarter last year

- $19.8 million in revenue with a profit of almost $1 million



From the USA to the UAE and beyond, Ilus International Inc (ILUS) has seen some amazing results both financially as well as for shareholders. With a recent move of 10x from the $0.05 range to over $0.50 back in 2021, the company is now in a similar position to see another such move.

 

Who is Ilus International Inc (ILUS) and what do they hold?

 



 

Mullen Automotive (NASDAQ:MULN) continues to strengthen in the EV market as demand further outweighs supply. VoIP-Pal.com Inc (USOTC:VPLM) awaits the outcome from the court case against Amazon.com. Cann American Corp (USOTC:CNNA) furthers their alternative therapeutics development, expands in to Telehealth and discount drug market. Moon Equity Holdings Corp (USOTC:MONI) has seen a rise in their stock price of over 5x this year pending acquisition news.

 

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. - May 23, 2023 ILUS Press release

 

 

For further information on ILUS, please see its communication channels:

 

Website: https://ilus-group.com

Twitter: @ILUS_INTL

 

Email: IR@Ilus-Group.com

 

Source: ILUS

 

Related Links

 

https://ilus-group.com

 

 

Join Stock Market Press' newsletter for the latest in IPO, market commentary and company profiles.

 

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

 

Contact:

Stock Market Press

110 Wall St.

New York, NY 10005

info@stockmarketpress.com

https://twitter.com/PressStock

 

Safe Harbor Statement:

Statements in this news release may be ''forward-looking statements.'' Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

 

See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/

 

SOURCE: Stock Market Press

 

Investorideas.com Paid News -Disclaimer/Disclosure: . Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure : this news release featuring ILUS is a  third party paid for news release on Investorideas.com. Investor ideas did not create this paid for content .Please contact the source , More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

About Investorideas.com

https://www.investorideas.com/About/

News that Inspires Big Investing Ideas

Investorideas.com has been online for over 25 years and is a source you can trust and believe in

Sign up for free stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

 

 

No comments: