AGM Group Holdings (AGMH) AI Stock Analysis

• Market Cap: $1.84M
• Dividend Yield: N/A
• Average Volume (3M): 39.35M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.53
• Revenue Growth: -63.65%
• EPS Growth: N/A
• Country: US
• Employees: 28
• Sector: Technology
• Sector Strength: 51
• Industry: Software - Application
• EPS (TTM): -1.59
• Shares Outstanding: 24,254,843
• 10 Day Avg. Volume: 37,501,196
• 30 Day Avg. Volume: 39,352,495
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.02
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

AGM Group Holdings faces significant financial challenges with declining revenue and profitability, which is the primary driver of the low overall score. Technical analysis provides mixed signals, offering no strong indication of a reversal. Valuation remains unfavorable due to negative earnings and the absence of dividends. Despite a positive market reaction post-earnings, the lack of clear guidance and sentiment leaves uncertainty about future performance.

AGM Group Holdings Business Overview & Revenue Model

Company Description

AGM Group Holdings Inc. operates as a technology company. The company offers MetaTrader 5, a futures trading solution; FXSC, a retail-orientated online trading education website; and foreign exchange trading system that provides services to financial institutions. It also engages in the research and development, manufacture, and sales of technology hardware. In addition, the company sells cryptocurrency mining machine and standardized computing equipment, and technical support plans, as well as delivers software customization services. It has a strategic partnership with HighSharp (Shenzhen Gaorui) Electronic Technology Co., Ltd. The company was incorporated in 2015 and is based in Wan Chai, Hong Kong.

How the Company Makes Money

AGM Group Holdings makes money through the sale of its technology products, particularly those designed for cryptocurrency mining. The company's revenue model is centered around the development, manufacturing, and distribution of high-performance computer hardware that is optimized for mining digital currencies. These products are sold to a range of clients, from individual miners to large-scale mining operations. Additionally, AGMH may generate revenue from any software solutions or platforms it provides that support mining activities or other fintech services. Strategic partnerships with other technology firms or financial service providers could also play a role in expanding its market reach and enhancing its revenue streams.

AGM Group Holdings Financial Statement Overview

Summary

AGM Group Holdings is experiencing financial challenges with a sharp decline in revenue from $242.4 million in 2022 to $92.9 million in 2023, and ongoing net losses. The balance sheet shows a stable capital structure with low debt, but declining equity and negative return on equity. Cash flows remain negative, indicating inefficiencies in converting earnings into cash.

Income Statement

AGM Group Holdings has faced significant challenges in its income statement. The company reported a substantial decrease in revenue from $242.4 million in 2022 to $92.9 million in 2023, marking a severe decline in revenue growth. Additionally, the company has struggled with profitability, evidenced by a net loss in 2023 and negative EBIT and EBITDA margins. The gross profit margin has also deteriorated, indicating declining efficiency in managing production costs.

Balance Sheet

The balance sheet reflects a relatively stable capital structure with a low debt-to-equity ratio due to minimal total debt. However, the company's stockholders' equity has decreased over the past year, reducing the equity ratio. Return on equity has turned negative, reflecting a lack of profitability. The company has maintained a substantial amount of cash relative to its liabilities, which provides some financial cushion.

Cash Flow

Cash flow analysis reveals ongoing difficulties, with negative operating and free cash flows reported in 2023. Although there is an improvement in free cash flow compared to the previous year, the company continues to rely on financing activities to support its cash position. The ratios of operating and free cash flow to net income suggest inefficiencies in converting earnings into cash.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
92.91M	242.40M	36.71M	53.30K	709.63K
	Gross Profit
4.16M	46.59M	6.60M	14.77K	466.69K
	EBIT
-9.24M	16.19M	4.93M	-1.01M	-1.23M
	EBITDA
-8.77M	16.53M	5.06M	-981.19K	-1.16M
	Net Income Common Stockholders
-7.44M	11.48M	3.55M	-1.10M	-1.56M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.82M	4.07M	18.41M	664.61K	2.08M
	Total Assets
97.55M	125.23M	89.30M	6.11M	14.51M
	Total Debt
9.58M	330.00K	1.62M	714.44K	609.18K
	Net Debt
7.98M	-3.74M	-16.79M	49.83K	-1.47M
	Total Liabilities
78.11M	94.79M	64.27M	2.42M	2.66M
	Stockholders Equity
19.43M	30.44M	25.03M	3.69M	11.85M
Cash Flow		Free Cash Flow
-1.70M	-17.67M	-2.21M	-1.65M	-231.05K
	Operating Cash Flow
-1.69M	-17.34M	-1.87M	-1.65M	-196.39K
	Investing Cash Flow
-10.71K	-332.31K	-339.66K	-1.20K	-5.01M
	Financing Cash Flow
1.32M	7.01M	19.56M	111.88K	-526.33K

AGM Group Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AGMH, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.67, and below the 200-day MA of 1.14, indicating a bearish trend. The MACD of -0.18 indicates Negative momentum. The RSI at 21.42 is Positive, neither overbought nor oversold. The STOCH value of 14.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AGMH.

AGM Group Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QFIN	84 Outperform	$7.36B	7.83	27.15%	2.58%	3.88%	56.29%
LX	79 Outperform	$1.77B	11.96	10.77%	1.13%	10.06%	0.04%
FUTU	76 Outperform	$4.73B	21.61	20.67%	―	36.30%	27.77%
TIGR	71 Outperform	$1.39B	24.78	10.62%	―	43.68%	77.18%
Sector *	58 Neutral	$22.11B	10.47	-17.86%	2.40%	4.75%	-24.81%
CLPS	49 Neutral	$32.30M	―	-1.97%	―	5.81%	55.03%
AGMH	46 Neutral	$1.84M	―	-143.97%	―	-63.65%	―