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)Annual | Quarterly
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 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,792 | 5,000 | 5,000 | 1,622 | 3,784 | 3,654 | |||
Cash and cash equivalents | 1,792 | 1,622 | 3,784 | 3,654 | |||||
Short-term investments | 5,000 | 5,000 | |||||||
Net investment in lease, before allowance for credit loss | 516 | ||||||||
Restricted cash and investments | 15,623 | 20,553 | 28,955 | 44,982 | |||||
Receivables | 2,073 | 2,298 | 3,520 | 2,988 | 3,828 | 3,627 | |||
Asset, held-in-trust | 5,465 | ||||||||
Asset, held-for-sale, not part of disposal group | 5,460 | ||||||||
Other undisclosed current assets | 32,271 | 15,809 | 17,099 | 4,105 | 2,700 | 1,983 | |||
Total current assets: | 51,759 | 23,107 | 25,619 | 34,734 | 45,243 | 54,245 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 10,589 | 11,028 | 11,508 | 11,927 | 12,361 | ||||
Property, plant and equipment | 1,676 | 1,695 | 1,721 | 1,739 | 1,733 | 7,223 | |||
Long-term investments and receivables | 23,762 | 23,802 | 26,257 | 32,162 | 33,947 | 34,546 | |||
Long-term investments | 22,725 | 22,728 | 25,202 | 32,162 | 33,947 | 34,546 | |||
Accounts and financing receivable, after allowance for credit loss | 1,037 | 1,073 | 1,055 | ||||||
Deposits noncurrent assets | 967 | 965 | 961 | 959 | 958 | ||||
Other undisclosed noncurrent assets | 523 | 521 | 523 | 1,060 | 1,060 | 1,652 | |||
Total noncurrent assets: | 37,516 | 38,011 | 40,970 | 47,847 | 50,059 | 43,420 | |||
TOTAL ASSETS: | 89,275 | 61,117 | 66,589 | 82,581 | 95,302 | 97,665 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 18,646 | 17,897 | 19,754 | 18,057 | 19,089 | 17,502 | |||
Accrued liabilities | 163 | 139 | 329 | 23,000 | 23,000 | 23,000 | |||
Other undisclosed accounts payable and accrued liabilities | 18,483 | 17,758 | 19,425 | (4,943) | (3,911) | (5,498) | |||
Debt | 33,477 | 1,791 | 1,805 | 18,010 | 6,255 | 6,252 | |||
Derivative instruments and hedges, liabilities | 2 | 4 | |||||||
Other liabilities | 11,311 | 6,407 | 2,906 | 4,539 | 4,974 | ||||
Other undisclosed current liabilities | 23,913 | 21,974 | 23,375 | 38,478 | 51,639 | 66,033 | |||
Total current liabilities: | 87,348 | 48,068 | 47,840 | 74,545 | 81,524 | 94,765 | |||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt | 10,002 | 10,305 | 10,646 | 10,975 | 11,273 | 46 | |||
Deferred income tax liabilities | 46 | 46 | 46 | ||||||
Operating lease, liability | 10,002 | 10,305 | 10,646 | 10,930 | 11,227 | ||||
Other undisclosed noncurrent liabilities | 1 | 2 | 4 | ||||||
Total noncurrent liabilities: | 10,002 | 10,305 | 10,646 | 10,976 | 11,275 | 49 | |||
Total liabilities: | 97,350 | 58,373 | 58,486 | 85,521 | 92,799 | 94,814 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (8,075) | 2,744 | 8,103 | (2,940) | 2,503 | 2,851 | |||
Common stock | 82 | 74 | 69 | 68 | 67 | 62 | |||
Additional paid in capital | 79,240 | 76,608 | 74,103 | 72,435 | 64,974 | 54,774 | |||
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) | 5 | 5 | 2 | |||||
Total equity: | (8,075) | 2,744 | 8,103 | (2,940) | 2,503 | 2,851 | |||
TOTAL LIABILITIES AND EQUITY: | 89,275 | 61,117 | 66,589 | 82,581 | 95,302 | 97,665 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
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 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 4,921 | 6,764 | 8,575 | 13,207 | 17,371 | 11,074 | ||
Revenues, excluding interest and dividends | 4,153 | 6,723 | 12,169 | |||||
Cost of revenue (Provision for Loan, Lease, and Other Losses) | (751) | (991) | (416) | |||||
Gross profit: | 4,169 | 5,773 | 8,159 | 13,207 | 17,371 | 11,074 | ||
Operating expenses | (12,659) | (15,518) | (20,870) | (24,156) | (27,764) | (25,657) | ||
Other undisclosed operating income | 751 | 1,884 | 4,379 | |||||
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) | 18 | 77 | (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) | 393 | 248 | 165 | |||
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)Annual | Quarterly
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) | 16 | 33 | (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.