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International Land Alliance Inc.

CIK: 16572142 Annual ReportsLatest: 2025-05-21

10-K / May 21, 2025

Revenue:$8,094,940
Income:$3,000,000

10-K / June 27, 2024

Revenue:$7,058,479
Income:-$2,100,000

10-K / May 21, 2025

Company Overview: International Land Alliance, Inc.

Business Description

International Land Alliance, Inc. (ILAL) is a residential land development company focused on acquiring, developing, and selling property primarily in Baja California, Mexico, and Southern California, USA.

Core Activities

  • Property Acquisition: Purchasing land parcels and real estate assets.
  • Zoning & Entitlements: Securing necessary land use and development approvals.
  • Land Development: Improving infrastructure, utilities, amenities, and subdividing land into residential and commercial plots.
  • Sales & Marketing: Selling plots and developed properties to homebuyers, retirees, investors, and commercial developers.
  • Construction: Building homes and community facilities on acquired lands, including model homes and infrastructure.

Key Projects

  • Oasis Park Resort (San Felipe, Baja California)

    • 497 acres with 1,344 residential lots.
    • Features a planned boutique hotel, commercial center, and nautical amenities.
    • 86 lots pre-sold as of the report date.
  • Valle Divino (Ensenada, Baja California)

    • 20 acres development with 137 residential lots and 3 commercial lots.
    • Project includes a vineyard and a resort with solar-powered infrastructure.
    • Acquisition of land awaiting Mexican government approval.
  • Plaza Bajamar (Ensenada, Baja California)

    • An 80-unit oceanfront community on a golf resort.
    • Development includes model homes, amenities like pool and fitness center.
    • Land is owned by a related-party controlled entity; acquisition pending.
    • Construction has begun on some residences, with land costs partially paid or impaired.
  • Emerald Grove Estates

    • Located in Southern California.
    • Used for organized events, with no significant land development activity noted.
  • Rancho Costa Verde Development (RCVD)

    • Initially a 25% investment of a 1,100-acre master planned community.
    • Fully acquired in January 2023 for $13.5 million, including notes, stock, and warrants.
    • Develops second, retirement, and vacation homes, with sales of over 1,000 lots and some homes built.

Operations

  • As of the report, 4 employees (including 3 executive officers).
  • Significant focus on land acquisition, subdivision, infrastructural development, and targeted sales to North American buyers, especially from the U.S. and Canada.
  • Revenue for fiscal 2024 was approximately $8.09 million, driven by land sales, interest income, financing fees, and home construction components.
  • Net income for 2024 was approximately $3.05 million.
  • Operating expenses decreased in 2024 to about $2.73 million from $4.36 million in 2023.
  • The company has a working capital deficit of $11.6 million as of December 31, 2024.
  • Cash as of December 31, 2024, amounted to $26,120.

Growth & Strategy

  • Focus on increasing property sales through marketing, infrastructure upgrades, and strategic partnerships.
  • Targeting U.S., Canadian, European, and Asian markets with a focus on second homes, retirement properties, and investment plots.
  • Plans to accelerate land title transfers and project development pending regulatory approvals.

Financial Details

  • Cannot currently sustain operations without additional capital due to substantial losses (accumulated deficit of approximately $24.1 million).
  • Engaged in various debt, equity issuance, and investment transactions, including convertible notes, stock warrants, and related-party loans, to finance growth.
  • No current operations in mining, manufacturing, or similar industries—focused entirely on land development and real estate sales.