Alliance Creative Group Reports a 32-Percent Increase in Revenue
CHICAGO—May 23, 2012—Alliance Creative Group is pleased to announce its results for the three months ended March 31, 2012.
- The company’s revenues for the quarter were $2.5 million compared with $1.9 million for the three months ended March 31, 2011, an increase of 32 percent.
- Gross Profits for the quarter were $763,379 compared with $461,877 for the three months ended March 31, 2011, or an increase of 65 precent.
- Net Income for the three months ended March 31, 2012, totaled $296,731 vs. $127,336 for the three months ended March 31, 2011, an increase of 133 precent.
The total assets of the Alliance Creative Group as of Marck 31, 2012 were $5.1 million. The total equity was $1.7 million.
CEO Steven St. Louis said, “This is our 10th consecutive quarter with over a million dollars in revenue and our earnings per share for 2012 are estimated to be between $.12 and $.14 a share. We have consistently been growing our core businesses of printing, packaging and marketing so we have been looking for a larger office location, have been interviewing to add some quality members to our growing team and have been looking into purchasing some additional equipment and resources to help our growth continue.
“We plan to leverage our current success to create long-term sustainable growth. We are also still aggressively searching for good strategic partners and potential acquisitions to help continue growing both organically and by acquisition. Our overall goals continue to be increased revenues, profits, stock price, stock liquidity and increased shareholder value and we will continue to look for and evaluate the best ways to accomplish these goals,” St. Louis added.
Alliance Creative Group (Stock Symbol: ACGX) is a printing, packaging and marketing company. The Alliance Creative Group utilizes shared resources to create efficiencies between their projects and internal divisions to create quality results and long-term partnerships. The core business areas include creative and design services, printing and packaging, product development, event marketing, business consulting and strategic marketing.