ILUS International Inc (ILUS) Sees 557% Q1 Revenue Increase, Begins National Exchange Uplist Procedure for Subsidiaries and Company
June 05 2023 - 8:15AM
InvestorsHub NewsWire
ILUS International Inc (ILUS) Sees 557% Q1 Revenue
Increase, Begins National Exchange Uplist Procedure for
Subsidiaries and Company
New York, NY -- June 5, 2023 -- InvestorsHub NewsWire -- via
Stock Market Press -- Stock Market Press is a leading financial
news company that delivers up to date stock news. In today's
release, we discuss 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)
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
![](https://investorshub.advfn.com/uimage/uploads/2023/6/4/ihnw-TPQGGVAUVTAMWVKZXBYKPUBRNGRSFGW.png)
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?
![](https://investorshub.advfn.com/uimage/uploads/2023/6/4/ihnw-WQZYETZFPCZSAQCCVGBGKGYZKGDDSMM.png)
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
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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,
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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
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to numerous factors. Any forward-looking statements speak only as
of the date of this news release and Stock Market Press undertakes
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SOURCE: Stock Market Press
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