International Land Alliance, Inc. Reports Net Loss of $10.4 Million for the Year Ended December 31, 2022
Company's Revenue Declines, Generating No Revenues for the Year
International Land Alliance, Inc. (ILA), a real estate development and investmen t company, has announced its consolidated financial results for the year ended December 31, 2022. The company reported a net loss of $10.4 million for the year, reflecting a challenging period for the organization. Additionally, ILA reported no revenues for the year, indicating a decline in its revenue generation capabilities compared to the previous year.
Net Loss of $10.4 Million
International Land Alliance, Inc. faced a significant net loss of $10.4 million for the year ended December 31, 2022. This substantial loss represents the financial challenges and difficulties the company encountered during the period. It indicates the need for strategic measures to address the underlying issues and improve the company's financial performance.
