SOURCE: Alliance Creative Group, Inc.
CHICAGO, IL--(Marketwired - March 18, 2014) - Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce the results of Operations for the Three Months Ended December 31, 2013.
Revenues for the quarter December 31, 2013 ("Q4'13") were $3,266,312 compared with $2,473,194 for the quarter ended December 31, 2012 ("Q4'12"). That is an increase of $793,118 for the quarter. This is a 32% increase.
Gross Profits were $843,112 for ("Q4'13") compared to $719,351 for ("Q4'12"). That is an increase of $123,761. This is a 17.2% increase.
Net Incomes were $208,356 for ("Q4'13") compared to $134,518 for ("Q4'12"). That is an increase of $73,838. This is a 55% increase.
The total assets of the Alliance Creative Group as of 12/31/13 were $6,307,256 compared to 12/31/12 when they were $5,913,268. This is an increase of $393,988 or 6.7%.
Total Shareholder Equity was $2,116,890 as of 12/31/13 compared to $1,797,962 as of 12/31/12 an increase of $318,928 or 17.7%.
The total outstanding common shares as of December 31, 2013 were 485,524,521 with 385,295,546 of those shares in the float.
Company ended the year 2013 with $265,952 in the bank compared to $172,837.
The Total numbers for the full year of 2013 are: $10,769,757 in total 2013 revenue, $2,684,915 in total Gross Profit, $266,137 in Net Income, $307,256 in total assets, $4,190,366 in total Liabilities and $2,116,890 in shareholder equity.
The full recording of the Earnings call from Monday March 17, 2014 can be downloaded or listened to from the company website www.AllianceCreativeGroup.com at http://ir.alliancecreativegroup.com/presentations/view/534/2013-acgx-earnings-conference-call-march-17-2014.
The full financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements are posted on the company website at http://ir.alliancecreativegroup.com/otc-disclosure and on the OTC Market Company website at www.OTCmarkets.com under the stock symbol ACGX under the section for filings and disclosure prior to the conference call.
CEO of the Alliance Creative Group, Steven St. Louis, said "We appreciate everyone's support and for submitting questions and listening to our conference call. The final numbers for Q4 2013 were even better than we initially thought and our January and February numbers have started off strong so I am very excited for 2014 and feel like we are continuing to position ourselves well to build off of our solid foundation. I am pleased with the turn out for our Annual earnings call yesterday and hope people take the time to listen to the recorded call and share it with others to continue to introduce the company to more potential clients, shareholders and investors."
About Alliance Creative Group, Inc.
ALLIANCE CREATIVE GROUP, Inc. (PINKSHEETS: ACGX) is a printing, packaging, supply chain and brand management 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 fulfillment & logistics and strategic marketing. www.AllianceCreativeGroup.com and www.Print4aCause.com.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.