Alliance Creative Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
April 01, 2022 at 09:06 am EDT
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Alliance Creative Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was USD 3.14 million compared to USD 2.46 million a year ago. Net loss was USD 0.041609 million compared to net income of USD 0.017905 million a year ago.
For the full year, sales was USD 11.07 million compared to USD 9.34 million a year ago. Net income was USD 0.250945 million compared to USD 0.205267 million a year ago.
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.
ALLIANCE CREATIVE GROUP, INC. 
