Business
OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Announces Its 2022 Revenue Expectations and Plan for Current Acquisitions and Business Divisions
OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Announces Its 2022 Revenue Expectations and Plan for Current Acquisitions and Business Divisions.
About this update from Ilustrato Pictures International Inc.
[{"type":"text","content":"\n NEW YORK, NY, Feb. 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- ILUS International Inc (OTC: ILUS), ILUS is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. Having completed several acquisitions within its first year since taking over from previous management, ILUS has also since completed its first full financial year. The company is now providing its expected revenue for its current acquisitions and business divisions along with a summary of the plan for each business.  As a young, high-technology company, ILUS has laid a solid foundation through its early acquisitions of disruptive public safety technology companies. ILUS now has several patents, a vast amount of intellectual property, its own global manufacturing facilities, and the beginnings of its own distribution network. Building on this strong foundation, ILUS is now entering its scale-up phase and is expecting 300% growth in 2022. Key to the company’s high valuation potential is its ability to generate high margin sales through its ownership of the entire production and sales lifecycle, combined with its ownership of not one, but several high-growth public safety solutions. ILUS’ management believes that the company has the potential to quintuple its 2022 revenue expectations and generate hundreds of millions in revenue in the next two to three years. With multiple disruptive, high-technology subsidiaries such as Vira Drones and KurveXR, ILUS could achieve valuations into the high hundreds of millions or even billions of dollars for these subsidiaries, considering that several of their competitors have achieved billion-dollar valuations despite being pre-revenue.  Since ILUS began operating under new management in January 2021, the company made 3 acquisitions prior to December 2021. In its first 11 months of operations, ILUS generated $11 million, having achieved nearly 45% growth from the 3rd to the 4th quarter of 2021. ILUS has now acquired 6 companies and is currently completing the acquisition of a further 4 companies. From its completed and current round of acquisitions, ILUS expects to increase its 2022 revenue on a quarterly basis to a run rate of $40 to $55 million.  ILUS is currently integrating its new acquisitions to drive t...