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) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,7925,0005,0001,6223,7843,654
Cash and cash equivalents1,792  1,6223,7843,654
Short-term investments 5,0005,000   
Net investment in lease, before allowance for credit loss     516 
Restricted cash and investments15,623  20,55328,95544,982
Receivables2,0732,2983,5202,9883,8283,627
Asset, held-in-trust    5,465  
Asset, held-for-sale, not part of disposal group     5,460 
Other undisclosed current assets32,27115,80917,0994,1052,7001,983
Total current assets:51,75923,10725,61934,73445,24354,245
Noncurrent Assets
Operating lease, right-of-use asset10,58911,02811,50811,92712,361 
Property, plant and equipment1,6761,6951,7211,7391,7337,223
Long-term investments and receivables23,76223,80226,25732,16233,94734,546
Long-term investments22,72522,72825,20232,16233,94734,546
Accounts and financing receivable, after allowance for credit loss1,0371,0731,055   
Deposits noncurrent assets967965961959958 
Other undisclosed noncurrent assets5235215231,0601,0601,652
Total noncurrent assets:37,51638,01140,97047,84750,05943,420
TOTAL ASSETS:89,27561,11766,58982,58195,30297,665
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:18,64617,89719,75418,05719,08917,502
Accrued liabilities16313932923,00023,00023,000
Other undisclosed accounts payable and accrued liabilities18,48317,75819,425(4,943)(3,911)(5,498)
Debt33,4771,7911,80518,0106,2556,252
Derivative instruments and hedges, liabilities     24
Other liabilities11,3116,4072,906 4,5394,974
Other undisclosed current liabilities23,91321,97423,37538,47851,63966,033
Total current liabilities:87,34848,06847,84074,54581,52494,765
Noncurrent Liabilities
Liabilities, other than long-term debt10,00210,30510,64610,97511,27346
Deferred income tax liabilities    464646
Operating lease, liability10,00210,30510,64610,93011,227 
Other undisclosed noncurrent liabilities    124
Total noncurrent liabilities:10,00210,30510,64610,97611,27549
Total liabilities:97,35058,37358,48685,52192,79994,814
Equity
Equity, attributable to parent, including:(8,075)2,7448,103(2,940)2,5032,851
Common stock827469686762
Additional paid in capital79,24076,60874,10372,43564,97454,774
Deferred compensation equity      
Accumulated other comprehensive loss(315)(282)(473)(469)(485)(518)
Accumulated deficit(85,031)(73,661)(65,601)(74,974)(62,053)(51,468)
Warrants and rights outstanding      
Other undisclosed equity, attributable to parent(2,050)55  2
Total equity:(8,075)2,7448,103(2,940)2,5032,851
TOTAL LIABILITIES AND EQUITY:89,27561,11766,58982,58195,30297,665

Income Statement (P&L) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues4,9216,7648,57513,20717,37111,074
Revenues, excluding interest and dividends4,1536,723 12,169  
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(751)(991)(416)   
Gross profit:4,1695,7738,15913,20717,37111,074
Operating expenses(12,659)(15,518)(20,870)(24,156)(27,764)(25,657)
Other undisclosed operating income7511,8844,379   
Operating loss:(7,739)(7,862)(8,332)(10,950)(10,393)(14,584)
Nonoperating income (expense)(3,608)(161)(5,065)(1,915)(166)2,485
Gain (loss), foreign currency transaction, before tax(51)(227)    
Other nonoperating income (expense)1877 (1,915)(166)2,485
Interest and debt expense  (207)21(393)(248)(165)
Loss from continuing operations before equity method investments, income taxes:(11,346)(8,230)(13,375)(13,258)(10,807)(12,264)
Other undisclosed income (loss) from continuing operations before income taxes  207(21)393248165
Loss from continuing operations before income taxes:(11,346)(8,023)(13,396)(12,865)(10,559)(12,099)
Income tax expense (benefit)(23)(38)(231)(56)(26)27
Net loss:(11,370)(8,060)(13,627)(12,921)(10,585)(12,073)
Net income attributable to noncontrolling interest      1,723
Other undisclosed net loss attributable to parent      (1,723)
Net loss attributable to parent:(11,370)(8,060)(13,627)(12,921)(10,585)(12,073)
Preferred stock dividends and other adjustments      21,473
Net income (loss) available to common stockholders, diluted:(11,370)(8,060)(13,627)(12,921)(10,585)9,400

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net loss:(11,370)(8,060)(13,627)(12,921)(10,585)(12,073)
Other comprehensive income (loss)(34)191(4)1633(133)
Comprehensive loss, net of tax, attributable to parent:(11,403)(7,869)(13,631)(12,905)(10,552)(12,206)

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.

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