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AGBA Acquisition Limited
AGBAW•NASDAQ
Financial Services
Shell Companies
$0.20
$-0.01(-6.84%)

The company's financials show resilient growth, with revenue advancing from $13.44M in Q3 2023 to $4.92M in Q2 2024. Gross profit remained healthy with margins at 63% in Q2 2024 compared to -24% in Q3 2023. Operating income hit -$10.27M last quarter, sustaining a consistent -209% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$11.00M. Net income dropped to -$11.37M, while earnings per share reached -$0.14. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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