View Financial HealthThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsAGBA Group Holding 배당 및 자사주 매입배당 기준 점검 0/6AGBA Group Holding 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesNew Risk • Aug 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$37m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$37m free cash flow). Negative equity (-US$8.1m). Earnings have declined by 68% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.14 loss per share (vs US$0.16 loss in 2Q 2023)Second quarter 2024 results: US$0.14 loss per share. Revenue: US$4.90m (down 72% from 2Q 2023). Net loss: US$11.4m (loss widened 7.4% from 2Q 2023).Recent Insider Transactions Derivative • Jun 19Group Chief Operating Officer notifies of intention to sell stockSuet Fai Wong intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of June. If the sale is conducted around the recent share price of US$3.15, it would amount to US$63k. Since September 2023, Suet Fai's direct individual holding has increased from 200.00k shares to 980.98k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.Reported Earnings • May 17First quarter 2024 earnings released: US$0.12 loss per share (vs US$0.20 loss in 1Q 2023)First quarter 2024 results: US$0.12 loss per share (improved from US$0.20 loss in 1Q 2023). Revenue: US$7.66m (down 31% from 1Q 2023). Net loss: US$8.06m (loss narrowed 33% from 1Q 2023).공시 • May 07AGBA Group Holding Regains Compliance with the Minimum Bid Price Requirement Under Nasdaq Listing Rule 5550(a)(2) for Continued ListingAGBA Group Holding Limited (the ‘Company’ or the ‘Group’) reaffirmed its unwavering dedication to creating shareholder value through a collaborative team effort and strategic initiatives. Since going public via a SPAC in November 2023, AGBA's team of over 1,500+ employees has worked tirelessly everyday in delivering steady growth persistently quarter after quarter maintaining market leadership. At the same time, the company work constantly testing and creating partnership and acquisition opportunities that would provide important long-term strategic advantages. The $4 billion merger of AGBA and Triller announced on April 18, is a direct result of such team efforts. AGBA’s shares have traded well. As a result, the company has been informed by The Nasdaq Stock Market LLC (‘Nasdaq’) that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the ‘Rule’) for continued listing. The company’s teams have wasted no time in joining forces and collaborating closely across all areas of operations and planning. The integration efforts are well underway, leveraging the expertise and synergies of both organizations to drive enhanced stakeholder value. As the company progress through the integration and regulatory approval process, the company teams remain motivated and confident in the merger's potential to unlock new growth opportunities and deliver enhanced value to the company’s stakeholders. Mr. Wing-Fai Ng, Group President of AGBA Group Holding Limited said ‘Creating shareholder value is not a throwaway line at AGBA. We single-mindedly focus on it. Our colleagues and I are proud shareholders in our exceptional company. We are deeply grateful and highly energized by the overwhelmingly positive response to our $4 billion merger with Triller. We are all excited about working non-stop to seize this 'once-in-a-generation' opportunity’.분석 기사 • Apr 19Further Upside For AGBA Group Holding Limited (NASDAQ:AGBA) Shares Could Introduce Price Risks After 203% BounceAGBA Group Holding Limited ( NASDAQ:AGBA ) shareholders have had their patience rewarded with a 203% share price jump...New Risk • Apr 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 45% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (45% average weekly change). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (US$75.9m market cap).공시 • Apr 11Nasdaq Confirms AGBA Group Holding Limited Regains Compliance with Rule 5550(b)(1)As previously disclosed, on January 3, 2024, AGBA Group Holding Limited received a letter from Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5550(b)(2), which requires companies listed on Nasdaq to maintain a minimum Market Value of Listed Securities (“MVLS”) of at least $35 million. In its annual report on Form 10-K for the period ended December 31, 2023 filed on March 28, 2024, the Company reported shareholders’ equity of $8,102,771. On April 10, 2024, Nasdaq confirmed that the Company had regained compliance with Rule 5550(b)(1) and that this matter is now closed.Reported Earnings • Apr 01Full year 2023 earnings released: US$0.75 loss per share (vs US$0.79 loss in FY 2022)Full year 2023 results: US$0.75 loss per share. Revenue: US$54.2m (up 74% from FY 2022). Net loss: US$49.2m (loss widened 11% from FY 2022).공시 • Mar 22AGBA Group Holding Receives Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price RequirementAs previously disclosed on a Form 8-K filed on September 20, 2023, AGBA Group Holding Limited (“AGBA” or the “Company”) received a notification letter (the “Notification Letter”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) regarding a failure to meet Nasdaq’s minimum bid price requirements (the “Minimum Bid Price Requirement”). The Notification Letter informed the Company that the minimum closing bid price per share for its ordinary share was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set in Nasdaq Listing Rule 5550(a)(2). In accordance with its Listing Rules, the Company has a compliance period of 180 calendar days, or until March 18, 2024, to regain compliance with Nasdaq’s minimum bid price requirement. On March 20, 2024, the Company received a letter from Nasdaq notifying the Company that, while the Company has not regained compliance with the Minimum Bid Price Requirement, Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until September 16, 2024, (the “Second Compliance Period”) to regain compliance. If at any time during the Second Compliance Period, the closing bid price of the Company’s ordinary share is at least $1 per share for a minimum of 10 consecutive business days, Nasdaq will provide the Company with written confirmation of compliance. If compliance with the Minimum Bid Price Requirement cannot be demonstrated by September 14, 2024, Nasdaq will provide written notification that the Company’s ordinary shares will be delisted. At that time, the Company may appeal Nasdaq’s determination to a Hearings Panel.분석 기사 • Feb 12A Piece Of The Puzzle Missing From AGBA Group Holding Limited's (NASDAQ:AGBA) Share PriceAGBA Group Holding Limited's ( NASDAQ:AGBA ) price-to-sales (or "P/S") ratio of 0.5x might make it look like a buy...공시 • Jan 10AGBA Group Holding Receives Non-Compliance Notice From NasdaqOn January 3, 2024, AGBA Group Holding Limited (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5550(b)(2) (the “Rule”) because the Company has not maintained a minimum Market Value of Listed Securities (“MVLS”) of at least $35 million. The Notice has no immediate effect on the listing or trading of the Company’s securities. The Company has 180 calendar days from the date of the Notice, or until July 1, 2024, to regain compliance. If at any time during this 180 day period the MVLS is at least $35 million for a minimum of ten consecutive business days, Nasdaq will provide the Company with written confirmation of compliance and this matter will be closed. If the Company does not regain compliance with the MVLS requirement within the compliance period, the Company’s ordinary shares will be subject to delisting. In the event the Company receives notice that the Company’s ordinary shares are being delisted, Nasdaq’s rules permit the Company to appeal the delisting determination by the Nasdaq staff to a hearings panel. The Company intends to monitor the market value of the Company’s listed securities and may, if appropriate, consider available options to regain compliance with the MVLS requirement. There can be no assurance that the Company will be able to regain compliance with the MVLS requirement.공시 • Dec 03AGBA Group Holding Limited, Annual General Meeting, Dec 28, 2023AGBA Group Holding Limited, Annual General Meeting, Dec 28, 2023, at 10:00 China Standard Time. Location: 1/F, AGBA Tower, 68 Johnston Road, Wan Chai, Hong Kong Wan Chai Hong Kong Agenda: To discuss elect five directors to the Board of Directors to hold office until the 2024 annual meeting of stockholders; to ratify the appointment of WWC, P.C. (“WWC”) as independent registered public accounting firm for fiscal year ending December 31, 2023; to approve an amendment to Fifth Amended and Restated Memorandum and Articles of Association to increase the number of ordinary shares; and to discuss other matters.New Risk • Nov 17New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$2.9m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$2.9m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (US$32.4m market cap).Reported Earnings • Nov 17Third quarter 2023 earnings released: US$0.19 loss per share (vs US$0.28 loss in 3Q 2022)Third quarter 2023 results: US$0.19 loss per share (improved from US$0.28 loss in 3Q 2022). Revenue: US$13.2m (up 6.0% from 3Q 2022). Net loss: US$12.9m (loss narrowed 22% from 3Q 2022).공시 • Nov 09AGBA Group Holding Limited announced that it expects to receive $7.49142 million in fundingAGBA Group Holding Limited announced that entered into term sheets for a private placement offering with an institutional investor, the company's president, Wing-Fai Ng and company's management team to issue 8,918,357 common shares at an issue price of $0.7 per share for the gross proceeds of $6,242,850 and 1,783,671 warrants share at an issue price of $0.70 per share for the gross proceeds of $0.70 per share for the gross proceeds of $1,248,569.7; aggregate gross proceeds of $7,491,419.7 on November 7, 2023. The purchase price of the Share Placement will be $0.70 per ordinary share of the Company and associated warrants. The subscribers to the shares will receive one warrant for every five shares subscribed. Each warrant is exercisable into one ordinary share at $1.00 per share six months after the issuance of the warrants. There is also conversations are ongoing with additional investors that are interested in participating in the Share Placement, which may further increase the total amount of the Share Placement. The Warrants will be exercisable six months after the issuance date for a period of five years after the exercise date. The securities sold in the Offering were sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Rule 506 of Regulation D promulgated thereunder. The Warrants have an exercise price of $1.00 per Ordinary Share and shall be exercised with more than $500,000 for each exercise.Board Change • Oct 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Felix Wong is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Sep 24AGBA Group Holding Receives Written Notice from the Listing Qualifications Department of the Nasdaq Stock MarketOn September 20, 2023, AGBA Group Holding Limited received written notice from the Listing Qualifications Department of The Nasdaq Stock Market notifying the Company that, based on the closing bid price of the Company’s ordinary shares, par value $0.001 per share, for the last 30 consecutive trading days, the Company no longer complies with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive trading days. The Notice has no immediate effect on the listing of the Ordinary Shares on The Nasdaq Capital Market. Pursuant to the Nasdaq Listing Rules, the Company has been provided an initial compliance period of 180 calendar days to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid price of the Common Stock must be at least $1.00 per share for a minimum of 10 consecutive trading days prior to March 18, 2024, and the Company must otherwise satisfy The Nasdaq Capital Market’s requirements for continued listing. If the Company does not regain compliance by March 18, 2024, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would be required, among other things, to meet the continued listing requirement for market value of publicly held shares as well as all other standards for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and would need to provide written notice of its intention to cure the bid price deficiency during the second compliance period. If the Company does not regain compliance within the compliance period(s), including any extensions that may be granted by Nasdaq, the Ordinary Shares will be subject to delisting. The Company intends to monitor the closing bid price of the Ordinary Shares and consider its available options to resolve the noncompliance with the Minimum Bid Price Requirement, including effecting a reverse stock split. There can be no assurance that the Company will be able to regain compliance with The Nasdaq Capital Market’s continued listing requirements or that Nasdaq will grant the Company a further extension of time to regain compliance, if applicable.공시 • Sep 21AGBA Group Holding Limited Announces Management ChangesOn September 19, 2023, Mr. Wing-Fai Ng resigned as Chairman of the board of directors (the “ Board”) of AGBA Group Holding Limited while remaining as an executive director of the Board and Chief Executive Officer of the Company. Mr. Ng will continue to focus on the management of AGBA and there is no disagreement surrounding his resignation. Simultaneously, Mr. Robert E. Diamond, Jr. was appointed as Chairman of the Board, effective immediately. Mr. Diamond is Founding Partner and Chief Executive Officer of Atlas Merchant Capital and has been since its inception in 2013. Until 2012, Mr. Diamond was Chief Executive of Barclays, having previously held the position of President of Barclays and was responsible for Barclays Capital and Barclays Global Investors (“BGI”). He became an executive director of Barclays in 2005 and was a member of the Barclays Executive Committee. Prior to Barclays, Mr. Diamond held senior executive positions at Credit Suisse First Boston and Morgan Stanley in the United States, Europe and Asia. Mr. Diamond worked at Credit Suisse First Boston from 1992 to 1996, where his roles included Vice Chairman and Head of Global Fixed Income and Foreign Exchange in New York, as well as Chairman, President and CEO of Credit Suisse First Boston Pacific. Mr. Diamond worked at Morgan Stanley from 1979 to 1992, including as the Head of European and Asian Fixed Income Trading. Further, on September 19, 2023, Ms. Wong Suet Fai, Almond resigned as an executive director of the Board while remaining as Group Chief Operating Officer of the Company.Buying Opportunity • Sep 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 51%. The fair value is estimated to be US$0.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 367% over the last year. Meanwhile, the company became loss making.공시 • Sep 09AGBA Group Holding Limited announced that it expects to receive $50 million in funding from Williamsburg Venture Holdings, LLCAGBA Group Holding Limited announced a that it has entered into a purchase agreement with the new investor Williamsburg Venture Holdings, LLC to issue common shares for the gross proceeds of $50,000,000 on September 7, 2023. The Investor shall be obligated to purchase, such number of ordinary shares of company and at such price as are determined in accordance with the Equity Purchase Agreement. In consideration of company's Put rights, the Investor shall be entitled to 600,000 ordinary shares within no later than 5 trading days from the date of the Equity Purchase Agreement and pursuant to the Equity Purchase Agreement, the Investor may not acquire at any point, more than 5% of the outstanding ordinary shares.Buying Opportunity • Aug 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 55%. The fair value is estimated to be US$0.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 367% over the last year. Meanwhile, the company became loss making.Reported Earnings • Aug 13Second quarter 2023 earnings released: US$0.16 loss per share (vs US$2.30 loss in 2Q 2022)Second quarter 2023 results: US$0.16 loss per share (improved from US$2.30 loss in 2Q 2022). Revenue: US$17.4m (up 325% from 2Q 2022). Net loss: US$10.6m (loss narrowed 2.8% from 2Q 2022).Reported Earnings • May 17First quarter 2023 earnings released: US$0.20 loss per share (vs US$0.089 loss in 1Q 2022)First quarter 2023 results: US$0.20 loss per share (further deteriorated from US$0.089 loss in 1Q 2022). Revenue: US$11.1m (up 433% from 1Q 2022). Net loss: US$12.1m (loss widened US$11.6m from 1Q 2022).Reported Earnings • Apr 08Full year 2022 earnings released: US$0.79 loss per share (vs US$1.74 profit in FY 2021)Full year 2022 results: US$0.79 loss per share (down from US$1.74 profit in FY 2021). Revenue: US$31.1m (up 171% from FY 2021). Net loss: US$44.5m (down 146% from profit in FY 2021).Board Change • Jan 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 AGBA 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: AGBA 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장AGBA Group Holding 배당 수익률 vs 시장AGBA의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (AGBA)n/a시장 하위 25% (US)1.4%시장 상위 25% (US)4.2%업계 평균 (Diversified Financial)1.1%분석가 예측 (AGBA) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 AGBA 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 AGBA 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 AGBA 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: AGBA 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YUS 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/10/15 08:39종가2024/10/15 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스AGBA Group Holding Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • Aug 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$37m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$37m free cash flow). Negative equity (-US$8.1m). Earnings have declined by 68% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).
Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.14 loss per share (vs US$0.16 loss in 2Q 2023)Second quarter 2024 results: US$0.14 loss per share. Revenue: US$4.90m (down 72% from 2Q 2023). Net loss: US$11.4m (loss widened 7.4% from 2Q 2023).
Recent Insider Transactions Derivative • Jun 19Group Chief Operating Officer notifies of intention to sell stockSuet Fai Wong intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of June. If the sale is conducted around the recent share price of US$3.15, it would amount to US$63k. Since September 2023, Suet Fai's direct individual holding has increased from 200.00k shares to 980.98k. There have been no trades via on-market transactions or options from company insiders in the last 12 months.
Reported Earnings • May 17First quarter 2024 earnings released: US$0.12 loss per share (vs US$0.20 loss in 1Q 2023)First quarter 2024 results: US$0.12 loss per share (improved from US$0.20 loss in 1Q 2023). Revenue: US$7.66m (down 31% from 1Q 2023). Net loss: US$8.06m (loss narrowed 33% from 1Q 2023).
공시 • May 07AGBA Group Holding Regains Compliance with the Minimum Bid Price Requirement Under Nasdaq Listing Rule 5550(a)(2) for Continued ListingAGBA Group Holding Limited (the ‘Company’ or the ‘Group’) reaffirmed its unwavering dedication to creating shareholder value through a collaborative team effort and strategic initiatives. Since going public via a SPAC in November 2023, AGBA's team of over 1,500+ employees has worked tirelessly everyday in delivering steady growth persistently quarter after quarter maintaining market leadership. At the same time, the company work constantly testing and creating partnership and acquisition opportunities that would provide important long-term strategic advantages. The $4 billion merger of AGBA and Triller announced on April 18, is a direct result of such team efforts. AGBA’s shares have traded well. As a result, the company has been informed by The Nasdaq Stock Market LLC (‘Nasdaq’) that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the ‘Rule’) for continued listing. The company’s teams have wasted no time in joining forces and collaborating closely across all areas of operations and planning. The integration efforts are well underway, leveraging the expertise and synergies of both organizations to drive enhanced stakeholder value. As the company progress through the integration and regulatory approval process, the company teams remain motivated and confident in the merger's potential to unlock new growth opportunities and deliver enhanced value to the company’s stakeholders. Mr. Wing-Fai Ng, Group President of AGBA Group Holding Limited said ‘Creating shareholder value is not a throwaway line at AGBA. We single-mindedly focus on it. Our colleagues and I are proud shareholders in our exceptional company. We are deeply grateful and highly energized by the overwhelmingly positive response to our $4 billion merger with Triller. We are all excited about working non-stop to seize this 'once-in-a-generation' opportunity’.
분석 기사 • Apr 19Further Upside For AGBA Group Holding Limited (NASDAQ:AGBA) Shares Could Introduce Price Risks After 203% BounceAGBA Group Holding Limited ( NASDAQ:AGBA ) shareholders have had their patience rewarded with a 203% share price jump...
New Risk • Apr 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 45% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (45% average weekly change). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (US$75.9m market cap).
공시 • Apr 11Nasdaq Confirms AGBA Group Holding Limited Regains Compliance with Rule 5550(b)(1)As previously disclosed, on January 3, 2024, AGBA Group Holding Limited received a letter from Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5550(b)(2), which requires companies listed on Nasdaq to maintain a minimum Market Value of Listed Securities (“MVLS”) of at least $35 million. In its annual report on Form 10-K for the period ended December 31, 2023 filed on March 28, 2024, the Company reported shareholders’ equity of $8,102,771. On April 10, 2024, Nasdaq confirmed that the Company had regained compliance with Rule 5550(b)(1) and that this matter is now closed.
Reported Earnings • Apr 01Full year 2023 earnings released: US$0.75 loss per share (vs US$0.79 loss in FY 2022)Full year 2023 results: US$0.75 loss per share. Revenue: US$54.2m (up 74% from FY 2022). Net loss: US$49.2m (loss widened 11% from FY 2022).
공시 • Mar 22AGBA Group Holding Receives Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price RequirementAs previously disclosed on a Form 8-K filed on September 20, 2023, AGBA Group Holding Limited (“AGBA” or the “Company”) received a notification letter (the “Notification Letter”) from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) regarding a failure to meet Nasdaq’s minimum bid price requirements (the “Minimum Bid Price Requirement”). The Notification Letter informed the Company that the minimum closing bid price per share for its ordinary share was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set in Nasdaq Listing Rule 5550(a)(2). In accordance with its Listing Rules, the Company has a compliance period of 180 calendar days, or until March 18, 2024, to regain compliance with Nasdaq’s minimum bid price requirement. On March 20, 2024, the Company received a letter from Nasdaq notifying the Company that, while the Company has not regained compliance with the Minimum Bid Price Requirement, Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until September 16, 2024, (the “Second Compliance Period”) to regain compliance. If at any time during the Second Compliance Period, the closing bid price of the Company’s ordinary share is at least $1 per share for a minimum of 10 consecutive business days, Nasdaq will provide the Company with written confirmation of compliance. If compliance with the Minimum Bid Price Requirement cannot be demonstrated by September 14, 2024, Nasdaq will provide written notification that the Company’s ordinary shares will be delisted. At that time, the Company may appeal Nasdaq’s determination to a Hearings Panel.
분석 기사 • Feb 12A Piece Of The Puzzle Missing From AGBA Group Holding Limited's (NASDAQ:AGBA) Share PriceAGBA Group Holding Limited's ( NASDAQ:AGBA ) price-to-sales (or "P/S") ratio of 0.5x might make it look like a buy...
공시 • Jan 10AGBA Group Holding Receives Non-Compliance Notice From NasdaqOn January 3, 2024, AGBA Group Holding Limited (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5550(b)(2) (the “Rule”) because the Company has not maintained a minimum Market Value of Listed Securities (“MVLS”) of at least $35 million. The Notice has no immediate effect on the listing or trading of the Company’s securities. The Company has 180 calendar days from the date of the Notice, or until July 1, 2024, to regain compliance. If at any time during this 180 day period the MVLS is at least $35 million for a minimum of ten consecutive business days, Nasdaq will provide the Company with written confirmation of compliance and this matter will be closed. If the Company does not regain compliance with the MVLS requirement within the compliance period, the Company’s ordinary shares will be subject to delisting. In the event the Company receives notice that the Company’s ordinary shares are being delisted, Nasdaq’s rules permit the Company to appeal the delisting determination by the Nasdaq staff to a hearings panel. The Company intends to monitor the market value of the Company’s listed securities and may, if appropriate, consider available options to regain compliance with the MVLS requirement. There can be no assurance that the Company will be able to regain compliance with the MVLS requirement.
공시 • Dec 03AGBA Group Holding Limited, Annual General Meeting, Dec 28, 2023AGBA Group Holding Limited, Annual General Meeting, Dec 28, 2023, at 10:00 China Standard Time. Location: 1/F, AGBA Tower, 68 Johnston Road, Wan Chai, Hong Kong Wan Chai Hong Kong Agenda: To discuss elect five directors to the Board of Directors to hold office until the 2024 annual meeting of stockholders; to ratify the appointment of WWC, P.C. (“WWC”) as independent registered public accounting firm for fiscal year ending December 31, 2023; to approve an amendment to Fifth Amended and Restated Memorandum and Articles of Association to increase the number of ordinary shares; and to discuss other matters.
New Risk • Nov 17New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$2.9m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$2.9m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (US$32.4m market cap).
Reported Earnings • Nov 17Third quarter 2023 earnings released: US$0.19 loss per share (vs US$0.28 loss in 3Q 2022)Third quarter 2023 results: US$0.19 loss per share (improved from US$0.28 loss in 3Q 2022). Revenue: US$13.2m (up 6.0% from 3Q 2022). Net loss: US$12.9m (loss narrowed 22% from 3Q 2022).
공시 • Nov 09AGBA Group Holding Limited announced that it expects to receive $7.49142 million in fundingAGBA Group Holding Limited announced that entered into term sheets for a private placement offering with an institutional investor, the company's president, Wing-Fai Ng and company's management team to issue 8,918,357 common shares at an issue price of $0.7 per share for the gross proceeds of $6,242,850 and 1,783,671 warrants share at an issue price of $0.70 per share for the gross proceeds of $0.70 per share for the gross proceeds of $1,248,569.7; aggregate gross proceeds of $7,491,419.7 on November 7, 2023. The purchase price of the Share Placement will be $0.70 per ordinary share of the Company and associated warrants. The subscribers to the shares will receive one warrant for every five shares subscribed. Each warrant is exercisable into one ordinary share at $1.00 per share six months after the issuance of the warrants. There is also conversations are ongoing with additional investors that are interested in participating in the Share Placement, which may further increase the total amount of the Share Placement. The Warrants will be exercisable six months after the issuance date for a period of five years after the exercise date. The securities sold in the Offering were sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Rule 506 of Regulation D promulgated thereunder. The Warrants have an exercise price of $1.00 per Ordinary Share and shall be exercised with more than $500,000 for each exercise.
Board Change • Oct 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Felix Wong is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Sep 24AGBA Group Holding Receives Written Notice from the Listing Qualifications Department of the Nasdaq Stock MarketOn September 20, 2023, AGBA Group Holding Limited received written notice from the Listing Qualifications Department of The Nasdaq Stock Market notifying the Company that, based on the closing bid price of the Company’s ordinary shares, par value $0.001 per share, for the last 30 consecutive trading days, the Company no longer complies with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive trading days. The Notice has no immediate effect on the listing of the Ordinary Shares on The Nasdaq Capital Market. Pursuant to the Nasdaq Listing Rules, the Company has been provided an initial compliance period of 180 calendar days to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid price of the Common Stock must be at least $1.00 per share for a minimum of 10 consecutive trading days prior to March 18, 2024, and the Company must otherwise satisfy The Nasdaq Capital Market’s requirements for continued listing. If the Company does not regain compliance by March 18, 2024, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company would be required, among other things, to meet the continued listing requirement for market value of publicly held shares as well as all other standards for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and would need to provide written notice of its intention to cure the bid price deficiency during the second compliance period. If the Company does not regain compliance within the compliance period(s), including any extensions that may be granted by Nasdaq, the Ordinary Shares will be subject to delisting. The Company intends to monitor the closing bid price of the Ordinary Shares and consider its available options to resolve the noncompliance with the Minimum Bid Price Requirement, including effecting a reverse stock split. There can be no assurance that the Company will be able to regain compliance with The Nasdaq Capital Market’s continued listing requirements or that Nasdaq will grant the Company a further extension of time to regain compliance, if applicable.
공시 • Sep 21AGBA Group Holding Limited Announces Management ChangesOn September 19, 2023, Mr. Wing-Fai Ng resigned as Chairman of the board of directors (the “ Board”) of AGBA Group Holding Limited while remaining as an executive director of the Board and Chief Executive Officer of the Company. Mr. Ng will continue to focus on the management of AGBA and there is no disagreement surrounding his resignation. Simultaneously, Mr. Robert E. Diamond, Jr. was appointed as Chairman of the Board, effective immediately. Mr. Diamond is Founding Partner and Chief Executive Officer of Atlas Merchant Capital and has been since its inception in 2013. Until 2012, Mr. Diamond was Chief Executive of Barclays, having previously held the position of President of Barclays and was responsible for Barclays Capital and Barclays Global Investors (“BGI”). He became an executive director of Barclays in 2005 and was a member of the Barclays Executive Committee. Prior to Barclays, Mr. Diamond held senior executive positions at Credit Suisse First Boston and Morgan Stanley in the United States, Europe and Asia. Mr. Diamond worked at Credit Suisse First Boston from 1992 to 1996, where his roles included Vice Chairman and Head of Global Fixed Income and Foreign Exchange in New York, as well as Chairman, President and CEO of Credit Suisse First Boston Pacific. Mr. Diamond worked at Morgan Stanley from 1979 to 1992, including as the Head of European and Asian Fixed Income Trading. Further, on September 19, 2023, Ms. Wong Suet Fai, Almond resigned as an executive director of the Board while remaining as Group Chief Operating Officer of the Company.
Buying Opportunity • Sep 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 51%. The fair value is estimated to be US$0.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 367% over the last year. Meanwhile, the company became loss making.
공시 • Sep 09AGBA Group Holding Limited announced that it expects to receive $50 million in funding from Williamsburg Venture Holdings, LLCAGBA Group Holding Limited announced a that it has entered into a purchase agreement with the new investor Williamsburg Venture Holdings, LLC to issue common shares for the gross proceeds of $50,000,000 on September 7, 2023. The Investor shall be obligated to purchase, such number of ordinary shares of company and at such price as are determined in accordance with the Equity Purchase Agreement. In consideration of company's Put rights, the Investor shall be entitled to 600,000 ordinary shares within no later than 5 trading days from the date of the Equity Purchase Agreement and pursuant to the Equity Purchase Agreement, the Investor may not acquire at any point, more than 5% of the outstanding ordinary shares.
Buying Opportunity • Aug 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 55%. The fair value is estimated to be US$0.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 367% over the last year. Meanwhile, the company became loss making.
Reported Earnings • Aug 13Second quarter 2023 earnings released: US$0.16 loss per share (vs US$2.30 loss in 2Q 2022)Second quarter 2023 results: US$0.16 loss per share (improved from US$2.30 loss in 2Q 2022). Revenue: US$17.4m (up 325% from 2Q 2022). Net loss: US$10.6m (loss narrowed 2.8% from 2Q 2022).
Reported Earnings • May 17First quarter 2023 earnings released: US$0.20 loss per share (vs US$0.089 loss in 1Q 2022)First quarter 2023 results: US$0.20 loss per share (further deteriorated from US$0.089 loss in 1Q 2022). Revenue: US$11.1m (up 433% from 1Q 2022). Net loss: US$12.1m (loss widened US$11.6m from 1Q 2022).
Reported Earnings • Apr 08Full year 2022 earnings released: US$0.79 loss per share (vs US$1.74 profit in FY 2021)Full year 2022 results: US$0.79 loss per share (down from US$1.74 profit in FY 2021). Revenue: US$31.1m (up 171% from FY 2021). Net loss: US$44.5m (down 146% from profit in FY 2021).
Board Change • Jan 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.