AGBA Group Holding Ltd
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 14, 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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Condensed Consolidated Balance Sheets
| As of | ||
|---|---|---|
| June 30, 2024 | December 31, 2023 | |
| (Unaudited) | (Audited) | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,791,791 | $1,861,223 |
| Restricted cash | 13,831,663 | 16,816,842 |
| Accounts receivable, net | 1,491,055 | 2,970,636 |
| Accounts receivable, net, related parties | 975,388 | 1,094,225 |
| Loans receivable, net | 581,702 | 549,461 |
| Notes receivable, net | — | 557,003 |
| Receivable from Yorkville | 23,350,000 | — |
| Promissory notes receivable from Triller LLC | 8,073,425 | — |
| Deposit, prepayments, and other receivables, net | 1,664,132 | 1,769,582 |
| Total current assets | 51,759,156 | 25,618,972 |
| Non-current assets: | ||
| Rental deposit, net | 966,734 | 961,253 |
| Loans receivable, net | 1,036,934 | 1,054,841 |
| Property and equipment, net | 1,675,569 | 1,721,284 |
| Right-of-use assets, net | 10,589,205 | 11,508,153 |
| Long-term investments, net | 22,724,644 | 25,201,933 |
| Long-term investments, net, related party | 522,566 | 522,531 |
| Total non-current assets | 37,515,652 | 40,969,995 |
| TOTAL ASSETS | $89,274,808 | $66,588,967 |
| LIABILITIES AND SHAREHOLDERS’ (DEFICIT) EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $18,646,334 | $19,754,041 |
| Escrow liabilities | 13,831,663 | 16,816,842 |
| Borrowings | 1,805,394 | 1,804,950 |
| Borrowings, related party | 5,000,000 | 5,000,000 |
| Amount due to the holding company | 11,311,473 | 2,906,261 |
| Convertible promissory notes payable, net | 31,671,722 | — |
| Income tax payable | 162,851 | 328,720 |
| Lease liabilities, current | 1,269,213 | 1,229,329 |
| Warrant liabilities | 3,649,404 | — |
| Total current liabilities | 87,348,054 | 47,840,143 |
| Non-current liabilities: | ||
| Lease liabilities, non-current | 10,002,032 | 10,646,053 |
| Total non-current liabilities | 10,002,032 | 10,646,053 |
| TOTAL LIABILITIES | 97,350,086 | 58,486,196 |
| Commitments and contingencies | ||
| Shareholders’ (deficit) equity: | ||
| Ordinary shares, $0.001 par value; 200,000,000 shares authorized, 81,810,429 and 68,661,998 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively | 81,810 | 68,662 |
| Ordinary shares to be issued | 958 | 4,854 |
| Subscription receivable | (2,051,280) | — |
| Additional paid-in capital | 79,239,669 | 74,103,494 |
| Accumulated other comprehensive loss | (315,439) | (473,087) |
| Accumulated deficit | (85,030,996) | (65,601,152) |
| Total shareholders’ (deficit) equity | (8,075,278) | 8,102,771 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ (DEFICIT) EQUITY | $89,274,808 | $66,588,967 |
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