International Land Alliance Q1 FY26 net loss widens to $2.74 million
INTERNATIONAL LAND ALLIANCE INC ILAL | 0.00 |
- International Land Alliance posted a net loss of $2.74 million for Q1 ended March 31, 2026, widening from a net loss of $958,806 a year earlier.
- Revenue rose to $956,836 from $548,624 in the prior-year quarter.
- Operating loss widened to $2.17 million from $837,661, as operating expenses climbed to $2.81 million from $1.11 million.
- Cash was $15,635 at March 31, 2026, while working capital deficit totaled $21.4 million, raising substantial doubt about its ability to continue as a going concern.
- Project updates included completion of a two-mile access road and entrance structure at Oasis Park Resort, with construction starting on a waterfront clubhouse and model homes; title transfers for Valle Divino and Plaza Bajamar were expected before end of fiscal Q2 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Land Alliance Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023672), on May 15, 2026, and is solely responsible for the information contained therein.
