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Agba Group Holding Limited  (AGBA)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 
Price: $0.3501 $-0.01 -1.436%
Day's High: $0.376 Week Perf: -8.23 %
Day's Low: $ 0.35 30 Day Perf: -18.9 %
Volume (M): 163 52 Wk High: $ 5.37
Volume (M$): $ 57 52 Wk Avg: $0.94
Open: $0.37 52 Wk Low: $0.34



 Market Capitalization (Millions $) 24
 Shares Outstanding (Millions) 68
 Employees -
 Revenues (TTM) (Millions $) 72
 Net Income (TTM) (Millions $) -69
 Cash Flow (TTM) (Millions $) -51
 Capital Exp. (TTM) (Millions $) 1

Agba Group Holding Limited
Agba Group Holding Limited is a multinational company that operates and invests in various industries worldwide. The company focuses on multiple sectors, including real estate, agriculture, energy, and infrastructure. Agba Group Holding Limited aims to create long-term value and sustainable growth through strategic investments and partnerships.


   Company Address: AGBA Tower Wan Chai 0
   Company Phone Number: 3601 8000   Stock Exchange / Ticker: NASDAQ AGBA
   AGBA is expected to report next financial results on April 02, 2024.


   

Stock Performances by Major Competitors

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Agba Group Holding Limited

Agba Group Holding Limited Thrives on Revenue Surge, Strives to Transform into Profitability



Agba Group Holding Limited, a publicly traded company, has recently experienced a decline in stock performance over the past five trading days, with a negative year-to-date performance. However, this decline must be analyzed in the context of their impressive revenue growth and increasing losses. With the reported financial results, the question arises as to how these factors will impact the company's future prospects.
1. Revenue Growth:
Agba Group Holding Limited showcased an exceptional revenue advance of 1947.129% year-on-year, amounting to $13.21 million in the most recent fiscal period. This growth highlights a positive trend for the company, indicating its ability to generate substantial sales.

Agba Group Holding Limited

Agba Group Holding Ltd's Soaring Revenue Masks Dark Clouds over Long-Term Profitability



Agba Group Holding Ltd (AGBA), a company operating in the Investment Services sector, recently reported impressive revenue growth for the financial period ending on June 30, 2023. However, a closer examination reveals several concerning factors that cast doubt on the company's long-term profitability. This article will explore the reasons behind the bearish sentiment surrounding AGBA's performance.
Robust Revenue Growth Masks Diminishing Returns:
AGBA proudly announced a staggering revenue growth of 159,720.894% year on year to $17.37 million. While on the surface, this appears to be a remarkable achievement, the company's diminishing returns of -$0.16 raise concerns about sustainability. The negative returns indicate that AGBA's revenue growth is not translating into profits, dampening investor confidence.

Agba Group Holding Ltd

Agba Group Holding Ltd Struggles to Achieve Profitability Despite Revenue Surge, Faces Challenges in Account Receivable Collection

Agba Group Holding Ltd sees sequential decline in ability to collect accounts receivable
Agba Group Holding Ltd,
a financial services company, has experienced a worsening in its ability to collect accounts receivable sequentially, as indicated by a ratio of 128.97. This is a reflection of the challenging environment the company is facing, but there are no immediate concerns.
The average receivable collection period for the company in the quarter ending March 31, 2023, increased to 3 days from 2 days in the previous quarter. When compared to other companies in the financial sector, Agba Group Holding Ltd's receivables turnover ratio was not as high. However, the company's overall ranking has improved, with a ranking of 32, up from the fourth-quarter ranking of 2022.






 

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