$ILUS

Ilustrato Pictures International Inc.

CIK:0001496383|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue	$ 3,327,681	$ 1,990,588	$ 8,672,940	$ 5,586,439
Cost of revenues	1,985,442	1,334,436	5,453,175	3,887,721
Gross Profit	1,342,239	656,152	3,219,765	1,698,718
Operating expenses
Professional fees	266,993	0	703,013	0
General and administrative	2,693,773	3,973,907	6,909,480	9,676,392
Total operating expenses	2,960,766	3,973,907	7,612,493	9,676,392
Income (loss) from operations	(1,618,527)	(3,317,755)	(4,392,728)	(7,977,674)
Other (income) expenses
Interest expense	(194,193)	0	244,501	0
Other Income	(42,942)	(526)	(549,546)	(5,231)
Total other (income) expense, net	(237,135)	(526)	(305,045)	(5,231)
Net Income (Loss) before Tax	(1,381,392)	(3,317,229)	(4,087,683)	(7,972,443)
Corporate Income Tax	79,985		79,985
Net Income (Loss)	(1,461,377)	(3,317,229)	(4,167,668)	(7,972,443)
Less: net income attributable to noncontrolling interest	(318,416)		(299,305)
Net income (loss) attributable to ILUS stockholders	$ (1,142,961)	$ (3,317,229)	$ (3,868,363)	$ (7,972,443)
Weighted average common shares outstanding (in Shares)	2,035,348,686	1,556,878,281	2,035,348,686	1,556,878,281
Net income (loss) per common share - basic (in Dollars per share)	$ 0	$ 0	$ 0	$ (0.01)
Net income (loss) per common share - diluted (in Dollars per share)	$ 0	$ 0	$ 0	$ (0.01)

Consolidated Statements of Cash Flows (Unaudited/Not Reviewed) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Loss for the period	$ (4,167,668)	$ (7,972,443)
Adjustment to reconcile net gain (loss) to net cash
Finance cost	244,501	0
Non-Cash Stock Compensation Expense	679,113	0
Stock issued for Services
Amortization	58,393
Commitment fees	248,350	0
Depreciation - PPE	38,680	52,935
Corporate Income Tax	79,985
Other income	(506,604)	0
Discount on convertible Notes	77,522	0
Changes in Assets and Liabilities, net
Current Assets	12,521,973	17,804,539
Other Current Liabilities	(4,529,991)	(10,319,758)
Net cash (used In) provided by operating activities	4,744,254	(434,727)
Cash flows from investing activities
Addition of Fixed Assets	(705,060)	2,626,975
Right of use Assets	(274,997)	0
Changes in Non-current assets	(14,911,518)	18,154,683
Changes in Non- Current Liabilities	6,908,369	(10,158,092)
Net cash used in investing activities	(8,983,206)	10,623,566
Cash flows from financing activities
Common Stock issued	610,849	23,905
Lease Finance	194,837	0
Preferred Stock Issued	(466)	78,981
Finance cost	(244,501)	0
Discount on convertible Notes	(77,522)	0
Additional Paid-up Capital	1,903,950	(10,405,598)
Subsidiaries Finances	1,977,638	(187,925)
Net cash generated from financing activities	4,364,785	(10,490,637)
Net increase/(decrease) in cash and cash equivalents	125,833	(301,798)
Cash and cash equivalents at the beginning of the year	213,073	305,862
Cash and cash equivalents at end of the year	$ 338,906	$ 4,064

Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current Assets
Cash and Cash Equivalents	$ 338,906	$ 213,073
Accounts Receivables	7,748,643	22,825,113
Inventory	2,002,182	1,612,800
Deposits, Prepayments, & Advances	950,502	0
Other Current Assets	6,665,772	5,451,159
Total Current Assets	17,706,005	30,102,145
Long term Investments	28,884,037	23,639,209
Right of use of asset	274,997	0
Goodwill	11,115,562	8,606,289
Tangible Assets	151,237	139,523
Capital work in progress	654,666	0
Receivable Non-Current	7,157,417	0
Total Non-Current Assets	48,237,916	32,385,021
Total Assets	65,943,921	62,487,166
Current Liabilities
Account Payable	4,396,772	9,891,505
Current lease liability	91,190	0
Other Current liabilities	9,278,925	8,825,966
Total Current Liabilities	14,187,480	18,717,471
Non-current liabilities
Notes payable – long-term	14,642,916	11,740,619
Non-current lease liability	194,837	0
Other non-current liabilities	6,127,527	2,121,455
Total Non-Current Liabilities	20,965,280	13,862,074
Total Liabilities	35,152,760	32,579,545
Stockholders’ Equity
Common Stock: 3,500,000,000 shares authorized, $0.001 par value, 2,331,030,962 and 1,720,182,651 issued and outstanding	2,331,032	1,720,183
Preferred stock value
Additional Paid-in-capital	26,425,727	24,521,777
Capital Reserve	5,449,186	0
Non-Controlling Interest	718,770	3,686,358
Retained Earnings	(4,212,683)	(100,292)
Total Stockholders’ Equity	30,791,161	29,907,621
Total Liabilities and Stockholders’ Equity	65,943,921	62,487,166
Related Party
Current Liabilities
Related Party Payables	420,593	0
Class A Preferred Stock
Stockholders’ Equity
Preferred stock value	10,000	10,000
Class B Preferred Stock
Stockholders’ Equity
Preferred stock value	3,560	4,064
Class C Preferred Stock
Stockholders’ Equity
Preferred stock value
Class D Preferred Stock
Stockholders’ Equity
Preferred stock value	60,741	60,741
Class E Preferred Stock
Stockholders’ Equity
Preferred stock value	3,172	3,172
Class F Preferred Stock
Stockholders’ Equity
Preferred stock value	$ 1,656	$ 1,618