AGBAW (AGBA Group Holding) Net Income: $-45.98 Mil (TTM As of Jun. 2024)

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AGBAW AGBA Group Holding Ltd AGBAW
14 GF Score
Price $0.20
! 7 Warning Signs
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What is AGBA Group Holding Net Income?

AGBA Group Holding AGBAW -6.84% 14 Net Income is $-45.98 Mil as of Jun. 2024. GuruFocus rates AGBAW with a GF Score™ of 14/100. The stock has 7 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. AGBA Group Holding's Net Income for the three months ended in Jun. 2024 was $-11.37 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was $-45.98 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. AGBA Group Holding's Earnings per Share (Diluted) for the three months ended in Jun. 2024 was $.


AGBA Group Holding  (NAS:AGBAW) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

AGBA Group Holding's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


AGBA Group Holding Net Income Related Terms


AGBA Group Holding Net Income Historical Data

* Premium members only.

The historical data trend for AGBA Group Holding's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AGBA Group Holding Net Income Chart

AGBA Group Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-16.14 96.46 -44.52 -49.21

AGBA Group Holding Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.59 -12.92 -13.63 -8.06 -11.37
AGBAW
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AGBA Group Holding Ltd AGBAW
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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AGBA Group Holding Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

AGBA Group Holding's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-48.919+-0.287+0+-7.105427357601E-15
=-49.21

AGBA Group Holding's Net Income for the quarter that ended in Jun. 2024 is calculated as

Net Income(Q: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-11.346+-0.023+0+-0.00099999999999945
=-11.37

Net Income for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-45.98 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-45.98 Mil mean?
AGBA Group Holding (AGBAW) has a Net Income of $-45.98 Mil as of Jun. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on AGBA Group Holding and its competitors.
Is AGBA Group Holding's Net Income too high?
AGBA Group Holding's current Net Income is $-45.98 Mil. Overall, AGBA Group Holding has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does AGBA Group Holding's Net Income compare to SDIG and SWIN?
AGBA Group Holding's Net Income of $-45.98 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Asset Management company?
A good Net Income depends on the Asset Management industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on AGBA Group Holding and its competitors. AGBA Group Holding's current Net Income is $-45.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGBA Group Holding stock overvalued right now?
AGBA Group Holding (AGBAW) has a current Net Income of $-45.98 Mil. The current Net Income is $-45.98 Mil. AGBA Group Holding's overall GF Score™ is 14/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For AGBA Group Holding (AGBAW), the current Net Income is $-45.98 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AGBA Group Holding Business Description

Address 68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG
AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with financial, medical, and healthcare service options. The AGBA is an omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.
14GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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