AGBA Group Holding Ltd
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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FY2023 · Filed Mar 28, 2024
ILLR$0.18-23.0%Stored close · as of Oct 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS · (restated) | ||
| Current assets: | ||
| Cash and cash equivalents | $1,861,223 | $6,449,876 |
| Restricted cash | 16,816,842 | 44,844,196 |
| Accounts receivable, net | 2,970,636 | 2,822,162 |
| Accounts receivable, net, related parties | 1,094,225 | 272,546 |
| Loans receivable, net | 549,461 | 517,479 |
| Notes receivable, net | 557,003 | — |
| Income tax recoverable | — | 260,120 |
| Deposit, prepayments, and other receivables, net | 1,769,582 | 589,786 |
| Total current assets | 25,618,972 | 55,756,165 |
| Non-current assets: | ||
| Rental deposit, net | 961,253 | — |
| Loans receivable, net | 1,054,841 | 1,072,392 |
| Property and equipment, net | 1,721,284 | 7,359,416 |
| Right-of-use asset, net | 11,508,153 | — |
| Long-term investments, net | 25,201,933 | 36,510,803 |
| Long-term investments, net, related party | 522,531 | 522,557 |
| Total non-current assets | 40,969,995 | 45,465,168 |
| TOTAL ASSETS | $66,588,967 | $101,221,333 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $19,754,041 | $20,274,429 |
| Escrow liabilities | 16,816,842 | 29,487,616 |
| Borrowings | 1,804,950 | 4,477,254 |
| Borrowings, related party | 5,000,000 | — |
| Amounts due to the holding company | 2,906,261 | 6,289,743 |
| Income tax payable | 328,720 | — |
| Lease liabilities | 1,229,329 | — |
| Forward share purchase liability | — | 13,491,606 |
| Total current liabilities | 47,840,143 | 74,020,648 |
| Long-term liabilities: | ||
| Lease liabilities | 10,646,053 | — |
| Warrant liabilities | — | 4,548 |
| Deferred tax liabilities | — | 45,858 |
| Total long-term liabilities | 10,646,053 | 50,406 |
| TOTAL LIABILITIES | 58,486,196 | 74,071,054 |
| Commitments and contingencies (Note 24) | ||
| Shareholders’ equity: | ||
| Ordinary shares, $0.001 par value; 200,000,000 shares authorized, 68,661,998 and 58,376,985 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 68,662 | 58,377 |
| Ordinary shares to be issued | 4,854 | 1,665 |
| Additional paid-in capital | 74,103,494 | 43,870,308 |
| Accumulated other comprehensive loss | (473,087) | (384,938) |
| Accumulated deficit | (65,601,152) | (16,395,133) |
| Total shareholders’ equity | 8,102,771 | 27,150,279 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $66,588,967 | $101,221,333 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.