Business
Alliance Creative Group (ACGX) Reports Total Revenue of $10,776,696 for 2019 With Gross Profit of $2,800,602
Alliance Creative Group (ACGX) Reports Total Revenue of $10,776,696 for 2019 With Gross Profit of $2,800,602.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\n\n\n\nAlliance Creative Group (ACGX) Reports Total Revenue of $10,776,696 for 2019 With Gross Profit of $2,800,602\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAlliance Creative Group (ACGX) Reports Total Revenue of $10,776,696 for 2019 With Gross Profit of $2,800,602\nNet Income for 2019 was $187,926\nPR Newswire\nCHICAGO, April 1, 2020\n\n\n\nCHICAGO, April 1, 2020 /PRNewswire/ -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (OTC: ACGX) is pleased to announce the results of Operations for the Three Months Ending December 31, 2019 and the 2019 Annual Financials.\nRevenues for the quarter ending December 31, 2019 (\"Q4 2019\") were $2,694,211\nRevenues for the year ending December 31, 2019 (\"2019\") was $10,776,696\nGross Profits for the quarter ending December 31, 2019 (\"Q4 2019\") were $735,858\nGross Profit for the year ending December 31, 2019 (\"2019\") was $2,800,602\nNet Income for the quarter ending December 31, 2019 (\"Q4 2019\") were $140,806\nNet Income for the year ending December 31, 2019 (\"2019\") was $187,926\nThe total assets on the Balance Sheet for the Alliance Creative Group as of 12/31/19 were $5,025,601.\nThe total outstanding common shares as of December 31, 2019 were 651,044 with 625,456 of those shares in the float.  \nThe Company ended the quarter and year with $87,188 in the bank.\nTotal Stockholder Equity as of 12/31/19 was $2,494,258\nThe full financial statement, balance sheet, statement of operations, cash flow statement, and disclosure statements are posted on the OTC Market Company website at www.OTCmarkets.com under the stock symbol ACGX in the section for filings and disclosure and on www.ACGX,us in the investor relations section.  Majority of the reduction in total revenues in 2019 compared to 2018 is due to the transitioning and discontinuing of the Primary Trucking and Rapid Freight Solutions services.\nSteve St. Louis, CEO of the Alliance Creative Group, Inc., said, \"Like most companies we are dealing with many unknowns at this time.  We are attempting to mitigate and reduce expen...