TROOPS, Inc. TROO

Annual Quarterly

FY2025 · ended Dec 31, 2025 · Revenue $17.10M, +69.7% YoY · Filed Apr 30, 2026

TROOPS, Inc. (TROO) files with the SEC under industry code 6159, Miscellaneous Business Credit Institution. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $17.1 million and a net loss of $27.9 million. Free cash flow was $690,000. As of Dec 31, 2025 it held $4.0 million in cash and investments and $4,000 in total debt.

Revenue
$17.10M
+69.7% vs prior year
Net income
$-27.91M
-108.0% vs prior year
Operating cash flow
$807,000
-58.7% vs prior year
Free cash flow
$690,000
-59.5% vs prior year
EPS
$-0.23
-76.9% vs prior year
Dividend per share
None
Shares outstanding
122.16M
+8.6% vs prior year
Net cash
$4.01M
FY 2025
Operating margin
-172.8%
FY 2025

Company profile

Industry
Miscellaneous Business Credit Institution (SIC 6159)
Listed as
TROO (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
New Territories Hong Kong
SEC filer status
Accelerated filer
SEC CIK
1412095
Former names
SGOCO Group, Ltd. (until Nov 16, 2021); SGOCO Technology, Ltd. (until Dec 27, 2010); Hambrecht Asia Acquisition Corp. (until May 26, 2010)

Other Miscellaneous Business Credit Institution companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$17.1M
$10.1M
$3.6M
$3.9M
$3.7M
Operating income
-$29.5M
-$5.7M
-$1.8M
-$536,000
-$8.8M
Net income
-$27.9M
-$13.4M
-$1.7M
-$346,000
-$8.4M
Diluted EPS
-$0.23
-$0.13
-$0.02
-$0.01
-$0.08
Operating cash flow
$807,000
$2.0M
-$6.5M
-$368,000
$12.3M
Free cash flow
$690,000
$1.7M
-$6.8M
-$524,000
$11.9M
Total assets
$69.1M
$79.2M
$70.3M
$69.7M
$70.3M
Total liabilities
$20.0M
$10.9M
$9.8M
$7.5M
$7.8M
Stockholders' equity
$49.0M
$68.2M
$60.6M
$62.2M
$62.5M
Cash and investments
$4.0M
$5.2M
$3.1M
$3.0M
$3.5M
Total debt
$4,000
$26,000
$3,000
$20,000
$39,000

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Oct 30, 2026 Oct 30, 2026
6-K Current report (foreign issuer) Oct 15, 2026 Oct 15, 2026
6-K Current report (foreign issuer) Oct 13, 2026 Oct 13, 2026
20-F Annual report (foreign issuer) Apr 30, 2026 Dec 31, 2025
6-K Current report (foreign issuer) Mar 27, 2026 Mar 27, 2026
6-K Current report (foreign issuer) Mar 27, 2026 Mar 27, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.