Business
Alliance Creative Group (ACGX) Reports Total Revenue of $2,613,997 for First Quarter of 2021 with Net Income of $256,799
Alliance Creative Group (ACGX) Reports Total Revenue of $2,613,997 for First Quarter of 2021 with Net Income of $256,799.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\n\n\n\nAlliance Creative Group (ACGX) Reports Total Revenue of $2,613,997 for First Quarter of 2021 with Net Income of $256,799\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 $2,613,997 for First Quarter of 2021 with Net Income of $256,799\nPR Newswire\nCHICAGO, May 14, 2021\n\n\n\n2021 Quarterly Net Income increased by $237,206 compared to Q1 2020 \n CHICAGO, May 14, 2021 /PRNewswire/ -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (Stock Symbol OTC: ACGX) is pleased to announce the results of Operations for the Three Months Ending March 31, 2021.\nRevenues for the quarter ending March 31, 2021 (\"Q1 2021\") were $2,613,997\nGross Profits for the quarter ending March 31, 2021 (\"Q1 2021\") were $550,944\nNet Income for the quarter ending March 31, 2021 (\"Q1 2021\") were $256,799\nThe total assets on the Balance Sheet for the Alliance Creative Group as of 3/31/21 were $3,587,857.\nThe total outstanding common shares as of March 31, 2021 (\"Q1 2021\")  were 1,639,611 with 1,149,023 of those shares in the float. \nThe Company ended the quarter and year with ($7,257) Cash on hand.\nTotal Stockholder Equity as of 03/31/21 was $1,532,890\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. \nSteve St. Louis, CEO of the Alliance Creative Group, Inc., said, \"The first Quarter of 2021 ended with our largest Net Income in a long time, mostly due to the PPP forgiveness, but we were able to pay down more liabilities to get us in a stronger position for the future.  We will continue to evaluate all our options and ideas to hopefully maintain and improve the positive progress for 2021 and beyond.\"\nAbout Alliance Creative Group, Inc.\nAlliance Creative Group, Inc. (Stock Symbol: ACGX) is a Packaging Solutions Company f...