LAS VEGAS–(BUSINESS WIRE)–$AGREE #200_million_projected_annual_revenue_2023—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), today provides a business update letter to stockholders.
Dear Stockholders,
We are pleased to provide you with a business update as we enter the third quarter of 2023. Our commitment to transparency and effective communication drives us to share clear and concise information about our company’s financial status and strategic holdings.
As of July 11, 2023, Ault Alliance had approximately 2.1 million shares of common stock outstanding. Based on our balance sheet as of March 31, 2023, the book value of our shares stands at approximately $80 per share. In addition, on March 31, 2023 we reported total assets of $527 million.
Looking ahead, we project robust financial growth with an anticipated $200 million in annual revenue for the year 2023. These positive projections are a testament t
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