Agba Acquisition Ltd. ( (ILLR) ) has released its Q3 earnings. Here is a breakdown of the information Agba Acquisition Ltd. presented to its investors.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Agba Acquisition Ltd, now operating as Triller Group Inc., is a Delaware-based company engaged in the wealth and health platform industry, offering financial services and products, including insurance, brokerage, mutual funds, and fintech investments. In its latest earnings report, the company highlighted a merger with Triller Corp., expanding its operational capabilities and market reach. Despite a net loss of $28.8 million for the nine months ending September 30, 2024, Triller Group reported increased total assets to $96.4 million, driven by strategic investments and financing activities. Key financial metrics showed a significant decrease in total revenues to $18 million from $41.7 million in the previous period, impacted by reduced commission income. Looking ahead, Triller Group’s management remains focused on leveraging its recent merger and expanding its fintech and health management platform to drive future growth.
