Agba Group Intrinsic Value Calculator – AGBA GROUP Reports Revenue Increase of USD 13.4 Million but Net Income Decrease of USD -12.9 Million for Q3 FY2023
November 21, 2023
☀️Earnings Overview
For the third quarter of FY2023 ending September 30 2023, AGBA GROUP ($NASDAQ:AGBA) reported total revenue of USD 13.4 million and a net income of -12.9 million, compared to revenue of 0.0 million and net income of 0.4 million in the corresponding period of the year before.
Stock Price
On Tuesday, AGBA Group reported significant financial results for its third quarter of the fiscal year 2023.
However, the net income significantly decreased by USD -12.9 million for the same quarter, with a corresponding decrease in overall profits. In response to the news, AGBA Group’s stock opened at $0.5 and closed at $0.6, soaring by 17.6% from its last closing price of $0.5. This was an encouraging result given the overall net income decrease reported by the company. Investors seemed to have taken confidence in the overall increase in revenue despite the decrease in profits. The stock price increase indicates that investors are optimistic about the company’s future prospects and potential growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Agba Group. More…
| Total Revenues | Net Income | Net Margin |
| 47.33 | -66.37 | -132.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Agba Group. More…
| Operations | Investing | Financing |
| -50.54 | -2.63 | 24.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Agba Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 82.58 | 85.52 | -0.04 |
Key Ratios Snapshot
Some of the financial key ratios for Agba Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -123.7% |
| FCF Margin | ROE | ROA |
| -107.2% | 16742.9% | -44.3% |
Analysis – Agba Group Intrinsic Value Calculator
At GoodWhale, we have conducted a thorough analysis of AGBA GROUP‘s finances. After careful consideration of the group’s financial performance, our proprietary Valuation Line has determined that the intrinsic value of AGBA GROUP’s share is approximately $3.5. It is clear that AGBA GROUP’s stock is currently trading at $0.6, undervalued by 82.6%. This presents an attractive opportunity for potential investors to purchase AGBA GROUP’s stock at a much cheaper price than its intrinsic value. More…
Peers
The competition between AGBA Acquisition Ltd and its competitors, Crixus BH3 Acquisition Co, Concord Acquisition Corp III, and FinTech Acquisition Corp VI, is intense. All companies are striving to be the most successful in the industry and gain the upper hand in acquiring the most lucrative assets. Each company is utilizing different strategies to gain an advantage in the competitive landscape, so the competition is fierce.
– Crixus BH3 Acquisition Co ($NASDAQ:BHAC)
Crixus BH3 Acquisition Co is a publicly traded company that focuses on acquiring businesses and assets in a variety of industries. As of 2023, Crixus BH3 Acquisition Co has a market cap of 111.07M, representing the company’s current share price multiplied by the total number of outstanding shares. The company’s Return on Equity (ROE) is -3.19%, which indicates that the company is failing to generate a return from its shareholder investments relative to the amount it has invested.
– Concord Acquisition Corp III ($NYSE:CNDB)
Concord Acquisition Corp III is a Special Purpose Acquisition Company (SPAC) that provides an effective platform to acquire and finance businesses. The company has a market cap of 131.34M as of 2023 which indicates its size and market presence. The Return on Equity (ROE) of -0.21% indicates that the company is not currently making money for its investors. This may be due to a lack of investments or simply a lack of financial success in the current market.
Summary
Investors have responded positively to AGBA GROUP‘s third quarter of FY2023 financials, which reported total revenue of USD 13.4 million and net income of USD -12.9 million. This represents a significant improvement compared to the previous year’s figures of 0.0 million and 0.4 million respectively. Despite posting a net loss, investors appear to be encouraged by the increasing revenue and have responded accordingly with a jump in stock price. Looking ahead, investors will be closely monitoring AGBA GROUP’s progress as the company continues to focus on its growth strategy.
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