TROOPS, Inc., together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans. It also develops, operates, and manages an online financial marketplace that connects financial institutions and users through its mobile application, which offers financial technology solutions, including application programming interface (API) services. In addition, the company provides SaaS and app development, project-based and API consulting, and maintenance and support services. Further, it invests in real properties; and offers property leasing and management services. The company was formerly known as SGOCO Group, Ltd. and changed its name to TROOPS, Inc. in November 2021. TROOPS, Inc. was founded in 2005 and is headquartered in Tsuen Wan, Hong Kong.
Revenue of TROOPS, Inc. (TROO)
Revenue in 2023 (TTM): $3.57 M
According to TROOPS, Inc.'s latest financial reports the company's current revenue (TTM) is $3.57 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of TROOPS, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $3.57 M | $776 K | $143 K | $-1,859,000 | $-1,719,000 |
| 2022 | $3.88 M | $822 K | $796 K | $-402,000 | $-346,000 |
| 2021 | $3.68 M | $360 K | $-1,607,000 | $-8,539,000 | $-8,413,000 |
| 2020 | $4.29 M | $-1,066,000 | $-775,000 | $-68,232,000 | $-67,923,000 |
| 2019 | $5.53 M | $1.41 M | $1.52 M | $-41,692,000 | $-37,052,000 |
| 2018 | $1.58 M | $-1,055,000 | $-1,223,000 | $-13,862,000 | $-12,372,000 |
| 2017 | $51 K | $-1,292,000 | $-2,009,000 | $-11,893,000 | $-11,214,000 |
| 2016 | $5.07 M | $202 K | $-4,083,000 | $-5,362,000 | $-5,047,000 |
| 2015 | $1.92 M | $95 K | $-2,360,000 | $-2,418,000 | $-2,418,000 |
| 2014 | $43.23 M | $2.02 M | $-673,000 | $-977,000 | $-2,288,000 |
| 2013 | $200.97 M | $15.93 M | $11.33 M | $11 M | $8.44 M |
| 2012 | $166.7 M | $12.48 M | $6.44 M | $6.38 M | $4.21 M |
| 2011 | $313.14 M | $33.74 M | $28 M | $25.27 M | $16.62 M |
| 2010 | $217.3 M | $32.7 M | $27.26 M | $23.45 M | $19.93 M |
| 2009 | $ | $ | $-267,387 | $236.51 K | $236.51 K |
| 2008 | $ | $ | $-267,387 | $236.51 K | $236.51 K |
| 2007 | $ | $ | $-21,737 | $-21,737 | $-21,737 |