TROOPS, Inc. (TROO)
TROOPS, Inc. operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Hong Kong, HK. The stock last traded at $1.77, down 1.67% on the session, giving a market capitalisation of $216.2M. On trailing twelve-month figures it carries a trailing P/E of -7.75, a net margin of -163.2%. Its beta of 3.56 implies it has historically moved more than the broad market.
TROOPS, Inc., established in 2005 and headquartered in Tsuen Wan, Hong Kong, conducts a multi-faceted business primarily across Hong Kong and Australia. The company engages in financial services, extending credit for various purposes, including mortgages, personal loans, and corporate financing. Beyond traditional lending, it manages a digital financial platform accessible via a mobile application, designed to connect financial institutions with consumers and offer diverse financial technology solutions, such as API services. Additionally, TROOPS provides a suite of technology services, encompassing the development of software-as-a-service (SaaS) products and mobile applications, project and API-focused consulting, and ongoing maintenance and support. The firm also allocates capital to real estate assets and delivers property leasing and management services. Notably, the company operated under the name SGOCO Group, Ltd. until its rebranding to TROOPS, Inc. in November 2021.
TROOPS, Inc. is most often compared with the following Financial Services names: