AGMH - AGM Group Holdings... Stock Analysis | Stock Taper
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AGM Group Holdings Inc.

AGMH

AGM Group Holdings Inc. NASDAQ
$1.33 -2.21% (-0.03)

Market Cap $2.92 M
52w High $18.10
52w Low $1.10
P/E 0.04
Volume 18.79K
Outstanding Shares 1.97M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $10.15M $1.34M $-1.4M -13.77% $1.85 $-161.72K
Q1-2025 $10.15M $1.34M $-1.4M -13.77% $1.85 $-161.72K
Q4-2024 $14.11M $-7.37M $9.02M 63.93% $14.5 $9.94M
Q3-2024 $14.11M $-7.37M $9.02M 63.93% $14.5 $9.94M
Q2-2024 $1.91M $7.83M $-7.46M -390.02% $-10.95 $-6.89M

What's going well?

Revenue is stable, and there are no interest expenses weighing down the business. Cost structure is predictable with no sudden increases.

What's concerning?

The company is consistently unprofitable, with no revenue growth or margin improvement. Large one-time losses and high tax expenses despite losses raise questions about earnings quality.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $6.49M $64.41M $28.66M $35.76M
Q1-2025 $6.49M $64.41M $28.66M $35.76M
Q4-2024 $1.17M $61.37M $39.5M $21.86M
Q3-2024 $2.32M $61.37M $39.5M $21.86M
Q2-2024 $2.35M $70.73M $66.4M $4.33M

What's financially strong about this company?

AGMH has almost no debt, lots of cash and receivables, and positive equity. Most assets are tangible and liquid, with no risky goodwill or hidden obligations.

What are the financial risks or weaknesses?

The company has very little invested in physical assets, which could mean limited growth or operational scale. Receivables make up a large portion of assets, so slow customer payments could be a risk.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-1.4M $-2.79M $0 $2.38M $0 $-2.79M
Q1-2025 $-1.4M $-2.79M $0 $2.38M $0 $-2.79M
Q4-2024 $9.02M $3.85M $57.92K $-3.87M $0 $3.85M
Q3-2024 $9.02M $3.85M $57.92K $-3.87M $0 $3.85M
Q2-2024 $-7.46M $-295K $0 $243.75K $0 $-295K

What's strong about this company's cash flow?

There are no cash flow strengths this quarter. The company is not spending on new equipment, so at least it's not increasing its burn rate.

What are the cash flow concerns?

AGMH is losing real cash every quarter, has no cash left, and can't fund itself from its own business. It relies on outside money just to keep the lights on.

Revenue by Products

Product Q3-2021
Other Segments
Other Segments
$10.00M

Q4 2021 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at AGM Group Holdings Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

AGMH combines specialized technical capabilities with a recently strengthened financial footing. It has shown it can design its own ASIC chips, build high‑performance servers, and extend those skills from crypto mining into AI and storage. After a difficult period, the company has reduced its debt load, returned to profitability, and generated positive operating and free cash flow, all while cutting back on overhead expenses. Retained earnings have moved into positive territory, and the business model has demonstrated an ability to adapt quickly when conditions change.

! Risks

The main concerns center on volatility, scale, and investment levels. Revenue and earnings have swung dramatically over a short period, with the business shrinking sharply since its 2022 peak. Liquidity has weakened compared with earlier years, and the company now operates with a smaller asset and cash base, leaving less margin for error. End markets like crypto hardware and AI infrastructure are both highly competitive and subject to rapid shifts in technology and regulation. Finally, the near‑elimination of reported R&D and capital spending may help short‑term cash flow but risks undercutting the company’s ability to sustain a technological edge.

Outlook

AGMH appears to be in a transition phase: stabilizing its finances through cost control and deleveraging, while trying to pivot from a highly cyclical crypto‑driven model toward broader roles in AI and blockchain infrastructure. In the near term, performance is likely to remain sensitive to market cycles and execution on new products, given the reduced revenue base and tight liquidity. Over the longer term, the company’s prospects will depend on whether it can turn its innovation narrative—AI‑optimized servers, tokenization projects, and decentralized AI concepts—into consistent, diversified revenue streams, supported by renewed and disciplined investment in technology and capacity.