International Land Alliance, Inc. (ILAL) announced on March 3, 2025, that it achieved profitability for the first time in its history during fiscal year 2024. The company reported unaudited total annual revenues in excess of $8 million, with bottom-line net revenue projected to exceed $3 million.
Sales at Rancho Costa Verde contributed over $3.7 million in top-line revenue, including 10 contracts for new luxury homes and the completion and delivery of two houses. The Oasis Park Resort, a newer addition to ILAL's portfolio, recorded 23 lot sales and two new construction contracts.
In a strategic move, ILAL signed a letter of engagement with R.F. Lafferty & Co., Inc. to serve as its banker for an uplisting transaction to the NASDAQ stock exchange. This initiative is planned to commence after the completion of the audit for fiscal year ending December 31, 2024, aiming to enhance the company's market presence and access to capital.
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