Alliance Creative Group, Inc. Announces Earnings Results for the Quarter and Year Ended December 31, 2018
March 28, 2019 at 11:27 am
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Alliance Creative Group, Inc. announced earnings results for the quarter and year ended December 31, 2018. For the quarter, the company reported revenue of $3,750,842. Net Income for the quarter ending December 31, 2018 were $11,074.
For the year, the company reported total revenue of $15,339,599. Net Income was $475,139.
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.