AGBA Q1 revenue up 533% to $11.1M; acquires Sony Life Singapore

Triller Group Inc.

2023-Q1 EPS reported -$0.20 revenue$11,073,680

Q1 2023 revenue of $11.1M, up 533% vs Q1 2022; highest monthly new business applications in 3 years in March 2023.
Announced agreement to acquire Sony Life Financial Advisers Pte Ltd, a Singapore licensed financial adviser and insurance broker.
Board authorized share repurchase of up to 1M shares (max $10M) reflecting commitment to shareholder returns.
Onboarded 10 new insurance partners and launched over 170 new products, expanding total offerings to over 2,000.
Management expects continued strong growth, especially in H2 2023, driven by Hong Kong and China rebound.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Triller Group Inc. reported first quarter ended March 31, 2023 results: revenue USD$11.1m.

Period: first quarter ended March 31, 2023
Revenue: USD$11.1m
Result: reported results

Exact text from the filing

AGBA Group Holding Limited (NASDAQ: ‘AGBA’) Announces Q1 2023 Results and Sees Tremendous Opportunities for Growth as China and Hong Kong Rebound. ● Revenue for Q1 2023 of USD$11.1m, up 533% on the same period in 2022 HONG KONG, May 15, 2023 (GLOBE NEWSWIRE) — NASDAQ-listed, AGBA Group Holding Limited (“AGBA”), the leading one-stop financial supermarket in

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Source: SEC EDGAR

accession 0001213900-23-040442

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