AGMH

MKT CAP:$2M

AGM Group Holdings Inc.

Market Cap

$2M

Technology·Software - Application·🇭🇰 Hong Kong·NASDAQ

Technology·Software App·🇭🇰·NASDAQ

Stock Price

$0.92-$1.06 (-53.46%)

Apr 21, 2026

Company Details

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...

CEO

Bo Zhu

IPO Date

Apr 18, 2018

Website

www.agmprime.com

Key Metrics TTM

Revenue

$49M

-19.3% YoY

Net Income

$15M

EPS (Diluted)

$32.70

Free Cash Flow

$2M

Revenue / Share

$35.40

Gross Margin

15.5%

Operating Margin

40.3%

Net Margin

31.4%

FCF Margin

4.4%

P/S

0.0x

P/E

0.1x

Earnings Reports

Q2 2025

Oct 10, 2025

$10M+430.8%EPS $1.85

Q1 2025

Mar 31, 2025

$10M+430.7%EPS $1.85

Q4 2024

May 13, 2025

$14M-49.9%EPS $14.50

Q3 2024

Sep 30, 2024

$14M-49.9%EPS $14.50

Q2 2024

Nov 19, 2024

$2M-94.8%EPS -$11.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 19	$302.0K	$230.7K	-$234.7K
Q4 20	$13.6K	$4.9K	-$210.0K
Q1 21	$0	$0	-$251.5K
Q2 21	$0	$0	-$251.5K
Q3 21	$5M	$713.9K	$374.2K
Q4 21	$31M	$6M	$5M
Q1 23	$18M	$644.3K	$11M
Q2 23	$37M	$1M	$22M
Q3 23	$28M	$2M	-$16M
Q4 23	$28M	$1M	-$16M
Q1 24	$2M	$857.4K	-$7M
Q2 24	$2M	$857.4K	-$7M
Q3 24	$14M	$3M	$10M
Q4 24	$14M	$3M	$10M
Q1 25	$10M	$1M	-$162.4K
Q2 25	$10M	$1M	-$162.4K

Valuation

Quarter	P/S	P/E
Q3 19	0.6x	—
Q4 20	4.5x	—
Q1 21	5.1x	—
Q2 21	6.0x	—
Q3 21	0.4x	—
Q4 21	0.1x	0.5x
Q1 23	0.0x	0.2x
Q2 23	0.0x	0.1x
Q3 23	0.0x	0.1x
Q4 23	0.0x	3.1x
Q1 24	0.0x	—
Q2 24	0.0x	—
Q3 24	0.0x	—
Q4 24	0.1x	0.6x
Q1 25	0.0x	0.2x
Q2 25	0.0x	0.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 21	-$2M	-$2M
Q4 21	$757.6K	$417.9K
Q1 22	-$5M	-$5M
Q2 22	-$10M	-$11M
Q3 22	-$4M	-$4M
Q4 22	-$7M	-$7M
Q1 23	-$546.7K	-$555.8K
Q2 23	-$1M	-$1M
Q3 23	-$299.1K	-$295.4K
Q4 23	-$299.1K	-$295.4K
Q1 24	-$295.4K	-$295.4K
Q2 24	-$295.0K	-$295.0K
Q3 24	$4M	$4M
Q4 24	$4M	$4M
Q1 25	-$3M	-$3M
Q2 25	-$3M	-$3M

Capital Expenditures

Quarter	CapEx
Q3 21	$0
Q4 21	$339.7K
Q1 22	$240.2K
Q2 22	$480.4K
Q3 22	$99.0K
Q4 22	$198.1K
Q1 23	$9.1K
Q2 23	$18.2K
Q3 23	$3.7K
Q4 23	$3.7K
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 19	-89.7%	-66.6%
Q4 20	-99.5%	-86.1%
Q1 21	-100.0%	-41.7%
Q2 21	-100.0%	-41.7%
Q3 21	+1666.8%	+824.4%
Q4 21	+230676.3%	+11668.5%
Q1 23	—	+2844.3%
Q2 23	—	+5788.5%
Q3 23	+427.7%	+780.1%
Q4 23	-10.2%	+66.0%
Q1 24	-89.5%	+20.0%
Q2 24	-94.8%	-40.0%
Q3 24	-49.9%	-90.5%
Q4 24	-49.9%	-90.5%
Q1 25	+430.7%	+16.1%
Q2 25	+430.8%	+16.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q1 22	$0	—
Q2 22	$0	—
Q3 22	$0	—
Q4 22	$0	—
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q3 19	—	$401.9K
Q4 20	$16.1K	$198.8K
Q1 21	$11.3K	$240.2K
Q2 21	$11.3K	$240.2K
Q3 21	$10.3K	$329.4K
Q4 21	$3.5K	$817.5K
Q1 23	—	$10M
Q2 23	—	$20M
Q3 23	—	$17M
Q4 23	—	$17M
Q1 24	—	$8M
Q2 24	—	$8M
Q3 24	—	$7M
Q4 24	—	$7M
Q1 25	—	$1M
Q2 25	—	$1M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q3 19	-89.7%	-73.1%	-162.8
Q4 20	-99.5%	-1482.7%	-1582.3
Q1 21	-100.0%	—	—
Q2 21	-100.0%	—	—
Q3 21	1666.8%	7.0%	1673.8
Q4 21	230676.3%	16.5%	230692.8
Q1 23	—	59.8%	—
Q2 23	—	59.8%	—
Q3 23	427.7%	-54.7%	373.0
Q4 23	-10.2%	-54.7%	-65.0
Q1 24	-89.5%	-360.2%	-449.7
Q2 24	-94.8%	-360.3%	-455.0
Q3 24	-49.9%	70.5%	20.6
Q4 24	-49.9%	70.5%	20.6
Q1 25	430.7%	-1.6%	429.1
Q2 25	430.8%	-1.6%	429.2

Rule of 40

Revenue Segments

Quarter	Other Segments
Q3 21	$5M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 21	$1M	$0	$1M
Q4 21	$18M	$0	$18M
Q1 22	$10M	$93.7K	$10M
Q2 22	$10M	$0	$10M
Q3 22	$4M	$224.2K	$4M
Q4 22	$4M	$0	$4M
Q1 23	$4M	$0	$4M
Q2 23	$4M	$0	$4M
Q3 23	$2M	$1M	$3M
Q4 23	$2M	$1M	$3M
Q1 24	$1M	$1M	$2M
Q2 24	$1M	$1M	$2M
Q3 24	$1M	$1M	$2M
Q4 24	$1M	$0	$1M
Q1 25	$532.8K	$6M	$6M
Q2 25	$532.8K	$6M	$6M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 19	5K	-98.9%	-98.8%
Q4 20	435K	+9288.2%	+8.7%
Q1 21	427K	-1.8%	+1.9%
Q2 21	427K	0.0%	+1.9%
Q3 21	427K	0.0%	+9121.1%
Q4 21	440K	+2.9%	+1.1%
Q1 23	485K	+10.3%	+13.6%
Q2 23	485K	0.0%	+13.6%
Q3 23	485K	0.0%	+13.6%
Q4 23	485K	0.0%	+10.3%
Q1 24	485K	0.0%	0.0%
Q2 24	485K	0.0%	0.0%
Q3 24	485K	0.0%	0.0%
Q4 24	485K	0.0%	0.0%
Q1 25	1M	+182.6%	+182.6%
Q2 25	1M	0.0%	+182.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 19	$11.6K	26
Q4 20	$1.2K	11
Q1 21	$0	11
Q2 21	$0	11
Q3 21	$485.1K	11
Q4 21	$1M	22
Q1 23	$731.8K	25
Q2 23	$1M	25
Q3 23	$1M	25
Q4 23	$1M	28
Q1 24	$68.3K	28
Q2 24	$68.3K	28
Q3 24	$503.9K	28
Q4 24	$141	100K
Q1 25	$102	100K
Q2 25	$102	100K

Revenue / Employee