)
Lion Group Holding (LGHL) investor relations material
Lion Group Holding Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Lion Group Holding Ltd. reported a net loss of $27.6 million for 2024, compared to a net loss of $5.8 million in 2023 and $34.0 million in 2022, reflecting significant volatility in business performance.
Total revenues declined sharply to a loss of $4.9 million in 2024 from an income of $21.1 million in 2023, mainly due to decreased CFD trading revenue and substantial trading losses in OTC stock options.
The company exited its insurance and securities brokerage businesses in 2024 and shifted focus to OTC options trading, which saw rapid growth in nominal value but resulted in significant trading losses.
As of December 31, 2024, Lion had 2,063 active revenue-generating accounts, down from 2,443 in 2023, reflecting a decline in client base due to business exits and market conditions.
Management expressed substantial doubt about the company’s ability to continue as a going concern due to recurring losses, accumulated deficit of $67.2 million, and a working capital deficit of $11.0 million as of year-end 2024.
Financial highlights
Net loss: $27.6 million in 2024, $5.8 million in 2023, $34.0 million in 2022.
Total revenues: $(4.9) million in 2024, $21.1 million in 2023, $(2.5) million in 2022.
CFD trading revenue dropped to $0.5 million in 2024 from $19.3 million in 2023; OTC stock options trading loss increased to $8.0 million in 2024 from $0.8 million in 2023.
Total expenses decreased 15.7% to $22.7 million in 2024, mainly due to lower commission, interest, compensation, and marketing expenses.
Cash and cash equivalents were $16.9 million at year-end 2024, down from $29.0 million in 2023.
Outlook and guidance
Management plans to implement strategies to grow revenue and control costs but warns that existing cash and short-term investments may not be sufficient for the next 12 months.
The company may seek additional equity or debt financing and financial support from related parties to address liquidity needs.
No dividends are anticipated in the foreseeable future as all available funds are intended for business operations and expansion.
Next Lion Group Holding earnings date
Next Lion Group Holding earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)