AGBA Group Holding Limited (AGBA) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
7119 WEST SUNSET BOULEVARD LOS ANGELES, CA 90046 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6282 - Investment Advice (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments, including: | 5,000,000 | 6,400,000 | 164,863 | 672,443 | 929,335 | |||
| Cash and cash equivalents | 6,449,876 | 164,863 | 672,443 | 929,335 | ||||
| Short-term investments | 5,000,000 | |||||||
| Other undisclosed cash, cash equivalents, and short-term investments | (49,876) | |||||||
| Restricted cash and investments | 44,844,196 | |||||||
| Receivables | 3,520,097 | 3,354,828 | ||||||
| Prepaid expense | 31,695 | 26,016 | ||||||
| Other undisclosed current assets | 17,098,875 | 1,157,141 | ||||||
| Total current assets: | 25,618,972 | 55,756,165 | 164,863 | 704,138 | 955,351 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 11,508,153 | |||||||
| Property, plant and equipment | 1,721,284 | 7,359,416 | ||||||
| Long-term investments and receivables | 26,256,774 | 37,033,360 | ||||||
| Long-term investments | 25,201,933 | 37,033,360 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 1,054,841 | |||||||
| Deposits noncurrent assets | 961,253 | |||||||
| Asset, held-in-trust | 40,441,469 | 48,249,909 | 46,603,976 | |||||
| Other undisclosed noncurrent assets | 522,531 | 1,072,392 | ||||||
| Total noncurrent assets: | 40,969,995 | 45,465,168 | 40,441,469 | 48,249,909 | 46,603,976 | |||
| TOTAL ASSETS: | 66,588,967 | 101,221,333 | 40,606,332 | 48,954,047 | 47,559,327 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 19,754,041 | 20,274,429 | 16,733 | 34,902 | 11,755 | |||
| Accrued liabilities | 328,720 | 23,000,000 | 16,733 | 34,902 | 11,755 | |||
| Other undisclosed accounts payable and accrued liabilities | 19,425,321 | (2,725,571) | ||||||
| Debt | 1,804,950 | 10,766,997 | 3,710,390 | 1,380,000 | ||||
| Derivative instruments and hedges, liabilities | 4,548 | |||||||
| Other liabilities | 2,906,261 | |||||||
| Due to related parties | ✕ | ✕ | 6,289,743 | 952,761 | 790,122 | 543,193 | ||
| Other undisclosed current liabilities | 23,374,891 | 59,684,931 | ||||||
| Total current liabilities: | 47,840,143 | 97,020,648 | 4,679,884 | 2,205,024 | 554,948 | |||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 10,646,053 | 45,858 | ||||||
| Deferred income tax liabilities | 45,858 | |||||||
| Operating lease, liability | 10,646,053 | |||||||
| Other undisclosed noncurrent liabilities | 4,548 | 2,330,000 | 2,230,000 | 1,025,948 | ||||
| Total noncurrent liabilities: | 10,646,053 | 50,406 | 2,330,000 | 2,230,000 | 1,025,948 | |||
| Total liabilities: | 58,486,196 | 97,071,054 | 7,009,884 | 4,435,024 | 1,580,896 | |||
| Temporary equity, carrying amount | 40,441,469 | 40,978,430 | ||||||
| Equity | ||||||||
| Equity, attributable to parent, including: | 8,102,771 | 4,150,279 | (6,845,021) | (1,480,977) | 5,000,001 | |||
| Common stock | 68,662 | 58,377 | 1,375 | 1,375 | 1,930 | |||
| Additional paid in capital | 74,103,494 | 43,870,308 | 4,735,012 | |||||
| Deferred compensation equity | ||||||||
| Accumulated other comprehensive income (loss) | (473,087) | (384,938) | 10,173 | 98,103 | ||||
| Retained earnings (accumulated deficit) | (65,601,152) | (39,395,133) | (6,846,396) | (1,492,525) | 164,956 | |||
| Warrants and rights outstanding | ||||||||
| Other undisclosed equity, attributable to parent | 4,854 | 1,665 | ||||||
| Other undisclosed equity | 46,000,000 | |||||||
| Total equity: | 8,102,771 | 4,150,279 | (6,845,021) | 44,519,023 | 5,000,001 | |||
| TOTAL LIABILITIES AND EQUITY: | 66,588,967 | 101,221,333 | 40,606,332 | 48,954,047 | 47,559,327 | |||
Income Statement (P&L) (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 50,226,126 | 31,080,227 | 3,773 | 7,617 | 16 | ||
| Net investment income | 157,190 | 3,773 | 7,617 | 16 | |||
| Revenues, excluding interest and dividends | 50,068,936 | ||||||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (1,077,184) | ||||||
| Gross profit: | 49,148,942 | 31,080,227 | 3,773 | 7,617 | 16 | ||
| Operating expenses | (98,034,509) | (59,431,324) | 683,796 | 521,506 | (338,649) | ||
| Other undisclosed operating income | 5,040,245 | ||||||
| Operating income (loss): | (43,845,322) | (28,351,097) | 687,569 | 529,123 | (338,633) | ||
| Nonoperating income (expense) | (5,074,159) | (16,044,933) | (85,520) | 484,080 | 506,121 | ||
| Investment income, nonoperating | (6,639,630) | 505,935 | |||||
| Gain, foreign currency transaction, before tax | 909,227 | 170 | |||||
| Other nonoperating income (expense) | 64,237 | (16,044,933) | (85,520) | 484,080 | |||
| Interest and debt expense | (784,479) | (140,644) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (49,703,960) | (44,536,674) | 602,049 | 1,013,203 | 167,488 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 784,479 | 140,644 | (1,371,365) | (1,050,629) | |||
| Income (loss) from continuing operations before income taxes: | (48,919,481) | (44,396,030) | (769,316) | (37,426) | 167,488 | ||
| Income tax expense | (286,538) | (124,605) | |||||
| Income (loss) from continuing operations: | (49,206,019) | (44,520,635) | (769,316) | (37,426) | 167,488 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (769,316) | (37,426) | 167,488 | |
| Net income (loss): | (49,206,019) | (44,520,635) | (769,316) | (37,426) | 167,488 | ||
| Net loss attributable to noncontrolling interest | (8,937,431) | ||||||
| Other undisclosed net income (loss) attributable to parent | 8,937,431 | (16) | |||||
| Net income (loss) attributable to parent: | (49,206,019) | (44,520,635) | (769,316) | (37,426) | 167,472 | ||
| Preferred stock dividends and other adjustments | 21,045,243 | ||||||
| Other undisclosed net loss available to common stockholders, basic | (21,045,243) | ||||||
| Net income (loss) available to common stockholders, diluted: | (49,206,019) | (44,520,635) | (769,316) | (37,426) | 167,472 | ||
Comprehensive Income (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (49,206,019) | (44,520,635) | (769,316) | (37,426) | 167,488 | ||
| Other comprehensive income (loss) | (88,149) | (205,477) | |||||
| Comprehensive income (loss): | (49,294,168) | (44,726,112) | (769,316) | (37,426) | 167,488 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (10,173) | (87,930) | 98,087 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (49,294,168) | (44,726,112) | (779,489) | (125,356) | 265,575 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.