Troops, Inc. Files 2024 Annual Report
Ticker: TROO · Form: 20-F · Filed: Apr 30, 2025 · CIK: 1412095
| Field | Detail |
|---|---|
| Company | Troops, Inc. /Cayman Islands/ (TROO) |
| Form Type | 20-F |
| Filed Date | Apr 30, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, cayman-islands
Related Tickers: TROO
TL;DR
Troops, Inc. (TROO) filed its 2024 20-F, showing its financial status from Cayman Islands HQ.
AI Summary
Troops, Inc. filed its 20-F annual report for the fiscal year ending December 31, 2024. The company, formerly known as TROO, Inc., is incorporated in the Cayman Islands and operates in the miscellaneous business credit institution sector. Its principal executive offices are located in Hong Kong.
Why It Matters
This filing provides a comprehensive overview of Troops, Inc.'s financial performance and business operations for the past fiscal year, which is crucial for investors and stakeholders to assess the company's health and future prospects.
Risk Assessment
Risk Level: medium — As a Cayman Islands-incorporated company with a history of name changes, it may present higher information asymmetry and regulatory complexity for investors.
Key Numbers
- 101,597,998 — Total Assets (Represents the total value of assets held by the company as of the fiscal year end.)
- 112,510,166 — Total Liabilities (Represents the total obligations of the company as of the fiscal year end.)
- 5,299,126 — Net Income (Indicates the company's profitability for the fiscal year.)
- 4,023,689 — Total Equity (Represents the net worth of the company as of the fiscal year end.)
Key Players & Entities
- Troops, Inc. /Cayman Islands/ (company) — Filer of the 20-F report
- TROO, Inc. (company) — Former name of Troops, Inc.
- SGOCO Group, Ltd. (company) — Previous former name of Troops, Inc.
- SGOCO Technology, Ltd. (company) — Earlier former name of Troops, Inc.
- 20241231 (date) — Fiscal year end date for the report
- 20250430 (date) — Filing date of the 20-F report
- Hong Kong (location) — Location of the company's business and mailing address
FAQ
What was the company's net income for the fiscal year ending December 31, 2024?
The company reported a net income of $5,299,126 for the fiscal year ending December 31, 2024.
When was the company last known as TROO, Inc. before changing its name to Troops, Inc.?
The company's name was changed from TROO, Inc. on November 17, 2021.
Where are the principal business and mailing addresses for Troops, Inc.?
The company's business and mailing addresses are both listed as 21/F, 8 FUI YIU KOK STREET, TSUEN WAN, NEW TERRITORIES, HONG KONG.
What is the Standard Industrial Classification (SIC) code for Troops, Inc.?
The SIC code for Troops, Inc. is 6159, categorized under Miscellaneous Business Credit Institutions.
What was the total amount of additional paid-in capital reported by Troops, Inc. as of December 31, 2024?
The filing indicates that 'us-gaap:AdditionalPaidInCapitalMember' was reported for the period 2024-01-01 to 2024-12-31, with a specific value for 2024-12-31 not explicitly detailed in the provided snippet but implied to be a significant component of equity.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 30, 2025 regarding Troops, Inc. /Cayman Islands/ (TROO).