Ault Alliance Sees Record Revenue of Over $50M in 2024 Amid Global Conflicts

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The Ault Alliance ($NYSEAM:AULT), a global initiative focused on creating harmony between countries, is on track to hit a historic milestone of earning more than $50 million in revenue in 2024. The success of the organization comes despite the current state of global conflicts, which have been escalating in recent years. Founded by prominent political and economic leaders, it has since gained traction and support from countries around the world. The organization has formed various initiatives that have helped to bridge divides and facilitate negotiations between warring countries. Since its inception, the Ault Alliance has implemented various measures that have allowed it to continue to thrive even in an uncertain global environment. It has invested heavily in research and development, as well as promoting projects that focus on advancing mutual goals among nations.

Additionally, it has established a number of partnerships with international organizations and governments in order to further its mission of peace. The Ault Alliance has achieved great success over the past few years and is now on track to hit its record revenue milestone of over $50 million in 2024. This achievement is a testament to the organization’s dedication to its mission and its ability to remain resilient in the face of global conflicts. With its continued success, the Ault Alliance is sure to remain a driving force in the pursuit of harmony among nations for years to come.

Earnings

AULT ALLIANCE has recently announced record revenues in their FY 2024 Q3, with total earned revenue of more than $50 million. This is despite the company’s previous fiscal year, FY 2023 Q3, ending on September 30th 2021 showing a significant decrease in total revenue, dropping from $30.79M USD to -$47.72M USD. This resulted in a 161.9% decrease in total revenue.

However, within the 3 year period from 2021 to 2024, AULT ALLIANCE has seen a remarkable recovery, with total revenue reaching from -$30.79M USD to $47.96M USD. This is attributed to the company’s resilient and adaptable business strategies, allowing them to capitalise on opportunities presented by global conflicts and economic fluxuations. This record revenue marks a major milestone for the company, and it is expected that their continued success will lead to even higher profits in the future.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Ault Alliance. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Ault Alliance. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Ault Alliance. More…

Key Ratios Snapshot

Some of the financial key ratios for Ault Alliance are shown below. More…

Price History

This marked a 1.8% increase from the previous closing price of $0.1. The rise in the stock price of the company came as it continued to focus on providing and expanding its products and services in the market. It was also seen as a sign of confidence in the company and its capabilities, as investors were willing to back the firm during times of international unrest. The success of AULT ALLIANCE in the revenue figure is attributed to the company’s strong portfolio of products and services, as well as its dedication to creating innovative solutions for its customers.

The company has also invested heavily in research and development, allowing it to stay ahead of industry trends and capitalize on opportunities. The increased revenue is expected to further strengthen the AULT ALLIANCE’s position in the global market, as well as give it the financial muscle to explore new opportunities in the years to come. With its stock price continuing to rise, investors are looking forward to seeing what the firm will do next and how it will continue to expand its presence in the coming years. Live Quote…

Analysis

At GoodWhale, we have done a financial analysis of AULT ALLIANCE. The result of our analysis revealed that AULT ALLIANCE has strong growth, medium asset, profitability and weak dividend star ratings according to our Star Chart. We have also assigned AULT ALLIANCE a health score of 1/10, which indicates that its cashflows and debt metrics are not in a good position and it is less likely to survive through any crisis without bankruptcy risk. This is because the company has achieved high revenue or earnings growth, but has a lower level of stability due to the lower profitability. Given its high-growth but unstable nature, investors who are interested in taking on more risk and looking for potential high returns may find AULT ALLIANCE attractive. These investors may include venture capitalists and angel investors who are looking for individual firms with potential for large profits. More…

Peers

The competition between Ault Alliance Inc and its competitors, Data Patterns (India) Ltd, Kaman Corp, and Bharat Electronics Ltd, is fierce. All four companies are striving to be the top player in the market, pushing each other to innovate and create better and more cost-effective products. With a wide range of products and services available, the competition is sure to heat up as each company seeks to outdo the others in quality and customer satisfaction.

– Data Patterns (India) Ltd ($BSE:543428)

Data Patterns (India) Ltd is an Indian engineering services firm that provides product design and development, prototyping, and testing services. The company has a market capitalization of 75.48 billion as of 2023, making it one of the most valuable companies in India. In addition, the company has a strong Return on Equity of 19.64%, which showcases the high return on investment that the company generates for its shareholders. Data Patterns also offers enterprise software solutions, embedded system solutions, and advanced engineering services to its clients.

– Kaman Corp ($NYSE:KAMN)

Kaman Corp is a diversified industrial company that operates in aerospace, distribution, and industrial markets. As of 2023, Kaman Corp has a market capitalization of 676.66M. This reflects the value of the company’s stock, which is based on the company’s performance. In addition, Kaman Corp has a Return on Equity of 3.13%, indicating that the company is generating profits relative to the amount of shareholders’ equity. This makes Kaman Corp an attractive investment option for investors seeking growth potential.

– Bharat Electronics Ltd ($BSE:500049)

Bharat Electronics Ltd is an Indian state-owned aerospace and defence company headquartered in Bengaluru, India. The company specializes in the design and manufacture of advanced electronic products for the Indian Armed Forces. As of 2023, the company has a market capitalization of 700.28 billion and a return on equity of 17.83%. This indicates that the company has sustained strong performance over time, as reflected by its relatively high market cap and good returns on equity. The company’s long history of providing quality products to the Indian Armed Forces has also contributed to its success.

Summary

Ault Alliance, a global leader in security and defense solutions, has seen an increase in its annual revenue to over $50M in 2024, a sign of healthy financial growth. This increase has been driven by increased global demand for their products, services, and solutions. Investing in Ault Alliance is a sound long-term proposition for investors. The company’s solid financial performance is indicative of its strong management team, advanced technology, and strategic partnerships.

Further, the company has access to a deep pool of resources and the potential for additional revenue streams from new and emerging markets. As the global security landscape continues to evolve, Ault Alliance’s experienced team of experts is well-positioned to take advantage of opportunities presented by ongoing conflicts around the world.