International Land Alliance Inc. (OTCQB: ILAL) continues to gain ground in the Baja California real estate market, advancing its flagship projects while seeing strong interest from buyers. With construction now underway at Oasis Park Resort, the company is laying the groundwork for more than $125 million in potential revenue. This development builds on the success at Rancho Costa Verde, where over 1,000 homesites have already been sold, proving the sustained demand for ILAL’s offerings.
Building on this success, the demand continues to deliver results. In September, ILAL generated more than $600,000 from its latest sales event, selling multiple homesites at Rancho Costa Verde and Oasis Park, with more sales in the pipeline. As the company enters its high sales season, ILAL looks well-prepared to capitalize on the growing interest from buyers.
ILAL’s financials tell a compelling story of growth and smart decision-making. In Q2 2024, revenues surged to $740,000, a solid increase from $485,000 in the same period last year. The company also made significant strides in operational efficiency, slashing its net loss by over 95%, reducing it to just $20,000, while growing total assets to $30.6 million. With only 34.9 million unrestricted shares out of 89 million outstanding, ILAL’s lean share structure adds another layer of confidence in its overall position.
To keep pace with its expanding operations, ILAL recently launched an in-house construction division. This move grants the company more control over quality and costs, ensuring it can meet demand while maintaining profitability. With $400 million in potential revenue from its combined projects, ILAL is scaling operations in a way that maximizes both efficiency and growth.
ILAL is also leveraging technology to stay ahead. Through a partnership with Janover Inc. (Nasdaq: JNVR), the company is integrating AI-driven solutions to streamline its sales and marketing, enhancing its ability to manage a growing portfolio and customer base across Baja California.
As ILAL continues to reach key milestones, its strong sales, financial discipline, and operational efficiency position the company for sustained growth. The success at Oasis Park and Rancho Costa Verde reflects increasing demand, with ILAL ready to build on this momentum. By integrating technology and maintaining control over construction, ILAL is well-positioned to move forward with a focus on efficiency, innovation, and quality.
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