AGM Group Holdings (AGMH) Financial Statements
Price: $0.0587
Market Cap: $1.55M
Avg Volume: 23.89M
Market Cap: $1.55M
Avg Volume: 23.89M
Country: HK
Industry: Software - Application
Sector: Technology
Industry: Software - Application
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of AGM Group Holdings.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $92.91M | $242.40M | $36.71M | $53.30K | $709.63K | $5.11M | $12.54M | $6.88M | $- |
| Cost of Revenue | $88.75M | $195.81M | $30.11M | $38.53K | $242.94K | $1.65M | $3.54M | $2.30M | $- |
| Gross Profit | $4.16M | $46.59M | $6.60M | $14.77K | $466.69K | $3.46M | $9.00M | $4.58M | $- |
| Gross Profit Ratio | 4.47% | 19.22% | 18.00% | 27.71% | 65.76% | 67.67% | 71.78% | 66.58% | 0.00% |
| Research and Development Expenses | $- | $- | $36.32K | $63.45K | $127.12K | $1.03M | $398.19K | $289.49K | $166.70K |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $4.80M | $2.97M | $1.84M | $58.97K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $-923.22K | $562.56K | $- | $- |
| Selling General and Administrative Expenses | $13.40M | $30.40M | $1.63M | $964.47K | $1.57M | $3.88M | $3.53M | $1.84M | $58.97K |
| Other Expenses | $- | $-373.03K | $4.00K | $-7.66K | $-247.34K | $22.34K | $126.42K | $-1.75K | $-150.45K |
| Operating Expenses | $13.40M | $30.77M | $1.66M | $1.03M | $1.69M | $4.91M | $3.93M | $2.13M | $150.45K |
| Cost and Expenses | $102.15M | $226.58M | $31.78M | $1.07M | $1.94M | $6.56M | $7.47M | $4.43M | $150.45K |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $3 |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $473.72K | $340.65K | $101.71K | $33.44K | $50.27K | $382.68K | $246.53K | $25.98K | $225.67K |
| EBITDA | $-8.77M | $16.53M | $5.06M | $-981.19K | $-1.16M | $-1.96M | $5.45M | $2.48M | $-258 |
| EBITDA Ratio | -9.44% | 6.76% | 13.72% | -1837.94% | -164.67% | -2.73% | 42.43% | 35.98% | 0.00% |
| Operating Income | $-9.24M | $16.19M | $4.93M | $-1.01M | $-1.23M | $-2.37M | $5.07M | $2.45M | $-150.45K |
| Operating Income Ratio | -9.95% | 6.68% | 13.44% | -1900.66% | -172.79% | -46.33% | 40.46% | 35.61% | 0.00% |
| Total Other Income Expenses Net | $-381.72K | $-373.03K | $4.00K | $-7.66K | $-211.42K | $-12.84K | $-513.62K | $-1.75K | $75.05K |
| Income Before Tax | $-9.62M | $15.82M | $4.94M | $-1.02M | $-1.44M | $-2.38M | $5.20M | $2.45M | $-150.62K |
| Income Before Tax Ratio | -10.36% | 6.53% | 13.45% | -1915.02% | -202.90% | -46.59% | 41.47% | 35.58% | 0.00% |
| Income Tax Expense | $-2.18M | $4.34M | $1.41M | $76.34K | $123.00K | $-595.42K | $1.30M | $783.38K | $-225.67K |
| Net Income | $-7.44M | $11.48M | $3.55M | $-1.10M | $-1.56M | $-8.41M | $3.90M | $2.35M | $-150.62K |
| Net Income Ratio | -8.01% | 4.73% | 9.68% | -2058.24% | -220.24% | -164.55% | 31.10% | 34.15% | 0.00% |
| EPS | $-0.31 | $0.47 | $0.17 | $-0.05 | $-0.07 | $-0.40 | $0.18 | $0.11 | $0.00 |
| EPS Diluted | $-0.31 | $0.47 | $0.17 | $-0.05 | $-0.07 | $-0.40 | $0.18 | $0.11 | $0.00 |
| Weighted Average Shares Outstanding | 24.25M | 24.25M | 21.49M | 21.79M | 21.30M | 20.95M | 21.41M | 21.41M | 33.31M |
| Weighted Average Shares Outstanding Diluted | 24.25M | 24.25M | 21.51M | 21.79M | 21.30M | 20.95M | 21.41M | 21.41M | 33.31M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.60M | $4.07M | $18.41M | $664.61K | $2.08M | $7.87M | $7.70M | $4.22M | $8.99K |
| Short Term Investments | $1.22M | $224.16K | $27 | $29 | $- | $- | $241.34K | $40.72K | $- |
| Cash and Short Term Investments | $2.82M | $4.07M | $18.41M | $664.61K | $2.08M | $7.87M | $7.94M | $4.26M | $8.99K |
| Net Receivables | $8.64M | $94.36M | $3.05M | $516.61K | $- | $- | $583.31K | $3.12M | $- |
| Inventory | $76.81M | $3.92M | $22.43M | $1 | $-680.51K | $- | $13.01M | $1.14M | $- |
| Other Current Assets | $1.23M | $14.47M | $43.41M | $54.47K | $5.84M | $383.05K | $16.33M | $1.19M | $2.27K |
| Total Current Assets | $87.12M | $116.82M | $88.60M | $6.09M | $7.31M | $8.40M | $21.54M | $8.57M | $11.26K |
| Property Plant Equipment Net | $649.93K | $1.18M | $563.95K | $19.32K | $75.39K | $97.93K | $99.63K | $75.64K | $- |
| Goodwill | $- | $- | $- | $- | $7.12M | $- | $- | $- | $- |
| Intangible Assets | $44.01K | $55.49K | $8.63K | $10.11K | $11.59K | $13.07K | $3.10M | $1.75M | $- |
| Goodwill and Intangible Assets | $44.01K | $55.49K | $8.63K | $10.11K | $7.13M | $13.07K | $3.10M | $1.75M | $- |
| Long Term Investments | $1.57K | $1.24M | $573 | $- | $- | $341.05K | $241.34K | $40.72K | $- |
| Tax Assets | $9.73M | $7.17M | $129.03K | $- | $- | $- | $-740.07K | $-40.72K | $- |
| Other Non-Current Assets | $-3.15K | $-1.24M | $-573 | $-29.43K | $- | $- | $498.74K | $75.53K | $- |
| Total Non-Current Assets | $10.43M | $8.41M | $701.62K | $29.43K | $7.21M | $452.05K | $3.20M | $1.90M | $- |
| Other Assets | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Total Assets | $97.55M | $125.23M | $89.30M | $6.11M | $14.51M | $8.85M | $24.75M | $10.47M | $11.26K |
| Account Payables | $21.81M | $64.50M | $14.12M | $4.97K | $3.21K | $79.65K | $12.96K | $168.08K | $- |
| Short Term Debt | $9.51M | $8.25M | $1.62M | $714.44K | $609.18K | $1.35M | $1.30M | $3.66M | $37.23K |
| Tax Payables | $14.51M | $14.29M | $3.14M | $- | $- | $- | $5.31K | $- | $- |
| Deferred Revenue | $30.13M | $4.61M | $42.27M | $-714.44K | $67.48K | $-1.35M | $15.21M | $201.83K | $- |
| Other Current Liabilities | $2.02M | $2.87M | $1.68M | $1.82M | $1.98M | $1.70M | $15.31M | $2.20M | $118.44K |
| Total Current Liabilities | $77.98M | $94.52M | $64.12M | $2.42M | $2.66M | $3.13M | $16.63M | $6.22M | $155.67K |
| Long Term Debt | $73.60K | $167.43K | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $59.53K | $98.78K | $147.81K | $- | $- | $- | $- | $201.83K | $- |
| Deferred Tax Liabilities Non-Current | $- | $-98.78K | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $-201.83K | $- |
| Total Non-Current Liabilities | $133.12K | $266.21K | $147.81K | $-1 | $- | $- | $16.63M | $6.22M | $- |
| Other Liabilities | $- | $- | $- | $1 | $- | $- | $-16.63M | $-6.22M | $- |
| Total Liabilities | $78.11M | $94.79M | $64.27M | $2.42M | $2.66M | $3.13M | $16.63M | $6.22M | $155.67K |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $26.36K | $26.36K | $26.36K | $28.46K | $28.89K | $33.22K | $31.91K | $31.91K | $10 |
| Retained Earnings | $2.30M | $9.74M | $-1.48M | $-4.95M | $-3.88M | $-2.31M | $6.10M | $2.20M | $-150.62K |
| Accumulated Other Comprehensive Income Loss | $-9.40M | $-5.83M | $476.83K | $243.70K | $398.47K | $303.41K | $18.49K | $48.15K | $6.20K |
| Other Total Stockholders Equity | $26.50M | $26.50M | $26.01M | $8.37M | $15.30M | $7.70M | $1.97M | $1.97M | $0 |
| Total Stockholders Equity | $19.43M | $30.44M | $25.03M | $3.69M | $11.85M | $5.72M | $8.12M | $4.25M | $-144.41K |
| Total Equity | $19.43M | $30.44M | $25.03M | $3.69M | $11.85M | $5.72M | $8.12M | $4.25M | $-144.41K |
| Total Liabilities and Stockholders Equity | $97.55M | $125.23M | $89.30M | $6.11M | $14.51M | $8.85M | $24.75M | $10.47M | $11.26K |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $97.55M | $125.23M | $89.30M | $6.11M | $14.51M | $8.85M | $24.75M | $10.47M | $11.26K |
| Total Investments | $1.22M | $224.16K | $27 | $29 | $- | $341.05K | $241.34K | $40.72K | $- |
| Total Debt | $9.58M | $330.00K | $1.62M | $714.44K | $609.18K | $1.35M | $1.30M | $3.66M | $37.23K |
| Net Debt | $7.98M | $-3.74M | $-16.79M | $49.83K | $-1.47M | $-6.52M | $-6.40M | $-567.89K | $28.24K |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-7.44M | $11.48M | $3.53M | $-1.10M | $-1.56M | $-1.79M | $3.90M | $1.67M | $-150.62K |
| Depreciation and Amortization | $473.72K | $337.51K | $101.71K | $33.44K | $57.63K | $382.68K | $246.53K | $25.98K | $- |
| Deferred Income Tax | $-2.58M | $-7.06M | $-129.03K | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-1.81M | $-78.00M | $-5.49M | $56.37K | $1.34M | $-1.18M | $2.38M | $-189.84K | $143.91K |
| Accounts Receivables | $107.54M | $-119.01M | $-2.61M | $- | $-67.07K | $580.01K | $1.33M | $-1.51M | $- |
| Inventory | $-89.73M | $41.01M | $-22.43M | $- | $1.42M | $- | $- | $1.19M | $-3.39K |
| Accounts Payables | $-42.68M | $50.07M | $15.41M | $1.76K | $-76.38K | $66.69K | $-159.49K | $9.66K | $- |
| Other Working Capital | $23.05M | $-50.07M | $4.14M | $54.61K | $68.03K | $-1.83M | $1.21M | $122.87K | $143.91K |
| Other Non Cash Items | $9.67M | $-29.16M | $-22.12K | $-644.68K | $-33.68K | $-249.56K | $35.00K | $110.79K | $12.51K |
| Net Cash Provided by Operating Activities | $-1.69M | $-17.34M | $-1.87M | $-1.65M | $-196.39K | $-2.83M | $6.56M | $1.61M | $-6.71K |
| Investments in Property Plant and Equipment | $-10.71K | $-332.31K | $-339.66K | $-810 | $-34.66K | $-57.51K | $-1.40M | $-1.79M | $- |
| Acquisitions Net | $- | $- | $- | $- | $-5.34M | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $4.94M | $-377.95K | $-200.62K | $-40.72K | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $361.93K | $- | $85.90K | $20.60K | $- |
| Other Investing Activities | $- | $-50.00K | $- | $-385 | $-4.94M | $-377.95K | $-1.36M | $-1.73M | $- |
| Net Cash Used for Investing Activities | $-10.71K | $-332.31K | $-339.66K | $-1.20K | $-5.01M | $-435.46K | $-1.40M | $-1.79M | $- |
| Debt Repayment | $1.32M | $7.01M | $1.57M | $-711.50K | $- | $334.24K | $-2.67M | $- | $- |
| Common Stock Issued | $- | $- | $17.64M | $667.90K | $- | $5.73M | $1.17M | $830.00K | $10 |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $350.23K | $155.47K | $-526.33K | $- | $-127.19K | $3.57M | $16.09K |
| Net Cash Used Provided by Financing Activities | $1.32M | $7.01M | $19.56M | $111.88K | $-526.33K | $6.06M | $-1.62M | $4.40M | $16.09K |
| Effect of Forex Changes on Cash | $-2.09M | $-3.68M | $397.45K | $129.38K | $-55.67K | $442.59K | $-63.21K | $-11.38K | $-593 |
| Net Change in Cash | $-2.47M | $-14.35M | $17.74M | $-1.41M | $-5.79M | $3.24M | $3.47M | $4.22M | $8.79K |
| Cash at End of Period | $1.60M | $4.07M | $18.41M | $664.61K | $2.08M | $7.87M | $7.70M | $4.22M | $8.79K |
| Cash at Beginning of Period | $4.07M | $18.43M | $664.61K | $2.08M | $7.87M | $4.63M | $4.22M | $8.99K | $- |
| Operating Cash Flow | $-1.69M | $-17.34M | $-1.87M | $-1.65M | $-196.39K | $-2.83M | $6.56M | $1.61M | $-6.71K |
| Capital Expenditure | $-10.71K | $-332.31K | $-339.66K | $-810 | $-34.66K | $-57.51K | $-1.40M | $-1.79M | $- |
| Free Cash Flow | $-1.70M | $-17.67M | $-2.21M | $-1.65M | $-231.05K | $-2.89M | $5.16M | $-174.34K | $-6.71K |