Alliance Creative Group, Inc. Announces Earnings Results for the Year Ended March 31, 2017; Provides Revenue Guidance for 2017
April 03, 2017 at 09:37 am
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Alliance Creative Group, Inc. announced earnings results for the year ended March 31, 2017. The company reported total 2016 annual gross profits up about $400,000.
The company increased 2017 estimated projections for total revenue by about 50% to $18,000,000.
Alliance Creative Group, Inc. (ACG) operates as a parent holding company. The strategy that the Company intends to deploy is a shared resource model where internal divisions, portfolio companies and strategic investments are vertically integrated. It is focused on three types of investments or projects: real estate acquisition; secured lending for small businesses, and early-stage equity business investments (and acqui-hires). ACG shall apply some of its resources towards diversified classifications of real estate with a focus on distressed assets and healthcare. The Company's distressed value add projects may consist of warehouses, student housing, multifamily, conversions, and flips. ACG may also invest in a mix of early-stage equity investments in companies that synergize with the Company's shared resource model and lending opportunities.