Lion Group Holding (LGHL) AI Stock Analysis

• Market Cap: $348.89K
• Dividend Yield: N/A
• Average Volume (3M): 2.93M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: -200.22%
• EPS Growth: 76.90%
• Country: US
• Employees: 25
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): N/A
• Shares Outstanding: 505,059
• 10 Day Avg. Volume: 195,880
• 30 Day Avg. Volume: 2,930,865
• PEG Ratio: -0.05
• Price to Book (P/B): 2.50
• Price to Sales (P/S): -0.84
• P/FCF Ratio: -1.38
• Enterprise Value/Market Cap: -33.27
• Enterprise Value/Revenue: 0.28
• Enterprise Value/Gross Profit: 0.26
• Enterprise Value/Ebitda: 0.64
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: $2.00 ▼(-35.06% Downside)

The score is driven primarily by very weak financial performance (loss-making operations, high leverage, and negative operating/free cash flow). Technicals add further pressure due to a strong downtrend and negative MACD, with only modest offset from oversold readings. Valuation provides limited support because the negative P/E is not meaningful and no dividend yield is available.

Positive Factors

Diversified revenue model

Lion Group’s mix of brokerage commissions, asset-management fees, advisory income and blockchain-based services creates multiple, separable revenue streams. That diversification reduces single-product dependency and supports resilience if one channel underperforms over the next several quarters.

Access to financing

Securing nearly $10M under a convertible note demonstrates continued access to external capital despite operating losses. Reliable ability to raise funds provides runway for restructuring, product investment, or liquidity maintenance, a critical structural strength while cash flows remain weak.

Digital-asset treasury strategy

Allocating a portion of capital to Bitcoin signals a strategic hedge and product-alignment move for a fintech focused on blockchain offerings. As a structural decision, a digital-asset reserve can diversify treasury composition and support crypto-native services over the medium term.

Negative Factors

Persistent unprofitable operations

Sustained negative margins and recurring operating losses indicate structural profitability issues. Without durable margin improvement, the business faces ongoing cash burn and limited ability to self-fund growth, raising solvency and scaling concerns for the coming quarters.

Weak balance sheet and high leverage

A balance sheet reliant on liabilities and with negative equity returns constrains strategic options. High leverage increases refinancing and covenant risk, reduces tolerance for revenue shocks, and limits capacity to invest in product or customer acquisition without further dilution or debt.

Sharp revenue decline and rising liabilities

A material year-over-year revenue collapse alongside growing liabilities and shrinking equity signals deteriorating market traction and worsening financial flexibility. This structural revenue weakness undermines competitive position and heightens dependence on external financing.

Lion Group Holding Business Overview & Revenue Model

Company Description

Lion Group Holding Ltd., together with its subsidiaries, operates a trading platform for corporate clients, individual traders, and retail investors. Its trading platform offers a range of products and services comprising contracts for difference trading, insurance brokerage, futures and securities brokerage, total return swap trading, and asset management services. The company's trading platform allows users to trade various futures products on futures exchanges worldwide, including the Chicago Mercantile Exchange, Singapore Exchange, the Hong Kong Futures Exchange, and Eurex Exchange; stocks listed on the New York Stock Exchange, Nasdaq and Hong Kong Stock Exchange; and the People's Republic of China stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange that are eligible for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs. It also creates, mints, and sells the MetaWords NFTs; and operates Lion NFT platform for buying and selling the MetaWords NFTs. The company has a strategic partnership with Dawa Future Graphic Technology Co., Ltd. to develop its Lion World Metaverse project. Lion Group Holding Ltd. was founded in 2015 and is headquartered in Singapore.

How the Company Makes Money

Lion Group Holding generates revenue through multiple channels, primarily by charging commissions and fees for its brokerage services when clients trade on its platforms. The company also earns income from asset management services, where it collects management fees based on the assets under management (AUM). Additionally, revenue is derived from advisory services provided to clients, along with potential performance-based fees. Strategic partnerships with financial institutions and technology providers further enhance its offerings and may contribute to revenue growth through collaborative ventures and joint marketing efforts.

Lion Group Holding Financial Statement Overview

Summary

Very weak fundamentals: negative gross and net margins, consistently negative EBIT/EBITDA, volatile and recently declining revenue, high leverage with negative ROE, and negative operating/free cash flow indicating liquidity and sustainability risks.

Income Statement

Lion Group Holding has been facing significant challenges in its income statement. The gross profit margin and net profit margin are negative, indicating the company is not generating sufficient revenue to cover its costs. Additionally, the revenue growth rate is highly volatile, with a significant decline in the most recent year, suggesting instability in revenue streams. The consistent negative EBIT and EBITDA margins highlight ongoing operational inefficiencies.

Balance Sheet

The balance sheet shows a concerning financial position with high liabilities compared to equity, leading to a high debt-to-equity ratio. Return on equity is negative due to consistent net losses. The equity ratio is low, indicating reliance on liabilities for financing. Despite having some cash reserves, the overall financial health appears weak.

Cash Flow

Cash flows are under pressure with negative free cash flow and operating cash flow. The operating cash flow to net income ratio is negative, reflecting difficulties in generating cash from operations. The free cash flow to net income ratio is also concerning, as the company struggles to convert income into cash flow. This highlights liquidity risks and challenges in sustaining operations without external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-40.92M	-31.29M	17.50M	-2.48M	23.57M	10.05M
Gross Profit	-44.09M	-37.40M	10.06M	-11.26M	23.57M	10.05M
EBITDA	-18.08M	-23.79M	-1.05M	-30.13M	0.00	0.00
Net Income	-27.38M	-27.45M	-5.26M	-33.97M	22.78K	-2.58M
Balance Sheet
Total Assets	46.89M	36.37M	74.54M	86.63M	148.92M	22.91M
Cash, Cash Equivalents and Short-Term Investments	23.11M	16.94M	33.48M	22.26M	31.00M	3.44M
Total Debt	11.17M	4.62M	2.33M	5.39M	110.00K	1.11M
Total Liabilities	42.46M	29.17M	46.13M	59.22M	94.67M	12.13M
Stockholders Equity	7.83M	10.54M	31.53M	28.87M	55.00M	10.77M
Cash Flow
Free Cash Flow	-8.38M	-19.11M	5.56M	-3.94M	-30.72M	100.49K
Operating Cash Flow	-8.38M	-19.11M	13.41M	-3.94M	-20.48M	105.67K
Investing Cash Flow	-4.23M	-114.28K	1.42M	-7.09M	-12.10M	-6.55M
Financing Cash Flow	16.58M	5.49M	1.66M	9.81M	43.58M	2.64M

Lion Group Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LGHL, the sentiment is Negative. The current price of 3.08 is above the 20-day moving average (MA) of 2.00, below the 50-day MA of 4.02, and below the 200-day MA of 22.92, indicating a bearish trend. The MACD of -0.77 indicates Negative momentum. The RSI at 31.84 is Neutral, neither overbought nor oversold. The STOCH value of 20.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LGHL.

Lion Group Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
COHN	63 Neutral	$36.67M	7.58	9.56%	6.45%	214.07%	-40.88%
MEGL	43 Neutral	$6.13M	-4.74	-7.67%	―	-33.80%	-1609.52%
NCPL	41 Neutral	$5.34M	-0.06	-99.67%	―	-53.14%	56.40%
LGHL	40 Underperform	$348.89K	>-0.01	-164.77%	―	-200.22%	76.90%
ARBK	39 Underperform	$7.93M	-0.02	―	―	-13.86%	-32.19%

Lion Group Holding Corporate Events

Lion Group Holding Cuts First Tranche Size in Amazon Capital Share Purchase Deal

On November 8, 2024, Lion Group Holding Ltd. entered into a share purchase agreement with Amazon Capital Holding Limited under which the investor was originally required to purchase US$5 million of Lion’s Class A ordinary shares within six months for the first closing, with pricing set at 80% of the 20‑day average market price of its ADSs. As of January 15, 2026, Lion had received only US$2.65 million, and on that date the parties executed a waiver allowing the first closing to proceed on the reduced “Current Purchase Amount” at a unit price of US$0.0000665 per Class A share, or US$2.1624 per ADS, with the transaction structured as a private placement relying on exemptions from U.S. registration requirements. The adjustment effectively lowers the immediate capital inflow relative to the initial US$5 million target, signaling more modest near‑term financing under this tranche while preserving the broader investment framework set out in the original agreement, and formalizes disclosure and information‑sharing terms with the investor as Lion navigates its capital‑raising strategy.

The most recent analyst rating on (LGHL) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lion Group Holding stock, see the LGHL Stock Forecast page.

Lion Group Holding Acquires Bitcoin to Strengthen Digital Treasury

On December 11, 2025, Lion Group Holding Ltd. announced the acquisition of 88.49 units of Bitcoin for $8 million, following the closing of a transaction under a convertible note facility. This acquisition is part of the company’s strategy to diversify and strengthen its digital assets treasury, positioning Bitcoin as a core reserve asset. The move highlights LGHL’s commitment to aligning its platform’s innovation with Bitcoin, seen as a key pillar for sustainable growth in its trading operations.

The most recent analyst rating on (LGHL) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Lion Group Holding stock, see the LGHL Stock Forecast page.

Lion Group Holding Secures $10 Million for Bitcoin Acquisition

On December 3, 2025, Lion Group Holding Ltd. amended its Securities Purchase Agreement to facilitate a subsequent closing under its convertible note facility, securing $9,984,000 in gross proceeds. The company plans to allocate $8 million of these proceeds to purchase Bitcoin for its corporate treasury, aiming to enhance its financial stability and strategic flexibility amid current market dynamics. This move reflects Lion Group’s strategy to capitalize on digital asset opportunities while maintaining a disciplined risk approach.

The most recent analyst rating on (LGHL) stock is a Sell with a $5.50 price target. To see the full list of analyst forecasts on Lion Group Holding stock, see the LGHL Stock Forecast page.

Lion Group Holding Reports Financial Losses for First Half of 2025

Lion Group Holding Ltd. has released its unaudited interim financial results for the six months ended June 30, 2025. The report shows a significant decrease in total revenue, with a loss of $2.94 million compared to a revenue of $7.1 million in the same period in 2024. The company’s liabilities have increased, and its equity has decreased, indicating financial challenges. This financial performance may impact the company’s market position and stakeholder confidence.

The most recent analyst rating on (LGHL) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Lion Group Holding stock, see the LGHL Stock Forecast page.