International Land Alliance, Inc.

What they do

ILAL purchases land, obtains zoning and entitlements, builds infrastructure and amenities, and sells residential and commercial lots to homebuyers, retirees, investors and developers. It offers buyer financing on nearly any purchase via promissory notes. Projects include Oasis Park Resort (497 acres, 1,344 planned lots) and Valle Divino (20 acres) in Baja California, Plaza Bajamar Resort (80 units), Emerald Grove Estates in Southern California, and the 1,100-acre Rancho Costa Verde.

Revenue drivers

• Residential and commercial lot sales — Core business: selling subdivided plots at Oasis Park, Valle Divino, Plaza Bajamar and Rancho Costa Verde. Revenue is lumpy and tied to title transfers; Oasis Park title was assumed in 2019, while Valle Divino and Plaza Bajamar titles were still pending transfer as of the latest 10-Q.
• Plaza Bajamar home construction — The company collected an aggregate $312,175 from house construction at Plaza Bajamar, initially recorded as contract liability, but offset it against cash funded for Bajamar amenities and reported the net as an impairment loss in the prior year. No collections occurred in the six months ended June 30, 2026.
• Emerald Grove Estates event venue — An 8,000-square-foot Southern California event venue described as newly renovated, used for organized events. No revenue figure for this line is disclosed in the excerpts.
• Buyer promissory notes — ILAL finances all or part of lot purchase prices through promissory notes with guaranteed acceptance for every customer, which supports sales volume but defers and spreads cash collection.

Recent performance

Annual revenue fell to $2.4 million in 2025 from $8.1 million in 2024, while the net loss widened to $14.3 million from net income of $3.0 million in 2024, with diluted EPS of -$0.13 versus $0.04. Operating cash flow remained negative at -$998,582 in 2025. Quarterly revenue was $554,553 in Q3 2025, $555,865 in Q4 2025, $956,836 in Q1 2026, then dropped to $142,496 in Q2 2026. At June 30, 2026, total assets were $32.2 million, total liabilities $22.7 million, shareholder equity $8.9 million, and cash and equivalents were $0.00.

Strategy

Management continues marketing to homebuyers in the United States, Canada, Europe and Asia and has partnered with a similar Baja California development company to leverage its established marketing plan for lot sales. At Oasis Park, the two-mile access road and community entrance are complete, and construction has started on the waterfront clubhouse and model homes. The company expects to complete title transfers for Valle Divino and Plaza Bajamar before the end of fiscal 2026. Financing has repeatedly come through material agreements, direct financial obligations and unregistered equity sales, per 8-K filings from September 2025 through June 2026.

Risks

• Going concern — Auditor's report states the ability to continue as a going concern depends on repaying or refinancing obligations, raising additional capital and achieving significant operating revenues; failure means stockholders lose their investment.
• Accumulated deficit and losses — The company reported an accumulated deficit of $38.4 million as of December 31, 2025 and a $14.3 million net loss for 2025, which management says may make borrowing, stock sales and maintaining a good trading price more difficult.
• No cash on hand — Cash and equivalents were $0.00 at June 30, 2026 against $22.7 million in total liabilities, leaving the company dependent on external financing.
• Title transfer and project execution — Title to Valle Divino and Plaza Bajamar had not yet transferred as of the latest 10-Q, and no Plaza Bajamar construction collections occurred in the first half of 2026.

Outlook

Management expects the transfer of title on Valle Divino in Ensenada and Plaza Bajamar in Ensenada before the end of fiscal year 2026. It describes continued improvement in the Northern Baja California real estate market, saying it has fully recovered from Covid-19 and that rising Southwest U.S. housing prices and low inventory are drawing second-home and vacation-home buyers. The forward-looking statement section disclaims any obligation to update statements and cites technological advances, competition, key personnel needs, cost and marketing effectiveness, market expansion, capital availability and the Covid-19 and geopolitical environment as factors that could cause actual results to differ.