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TROOPS, Inc. (TROO)

Financial Services | Credit Services | Tsuen Wan, Hong Kong | NasdaqCM
2.15 USD -0.05 (-2.273%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.12 -0.03 (-0.029%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:22 a.m. EDT

The investment case for TROOPS, Inc. is fundamentally broken. Despite a headline about a 'strategic investment' and a recent 202% price surge, the underlying business is hemorrhaging value. The company is posting massive losses with negative operating margins of nearly 157%, and the balance sheet is fragile with a current ratio below 1.0. The price history confirms a brutal reality: after a brief, likely artificial spike in 2021, the stock has collapsed 80% in the last year and is down 73% over the last nine years. This is not a value trap; it is a deteriorating asset where the market has correctly priced out the business model. There is no dividend to provide income, and the options market offers no contrarian signal of a turnaround. The recent price action appears to be a dead-cat bounce off a floor, not the start of a recovery. Avoid this security entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.224133
AutoARIMA0.224138
AutoTheta0.231772
MSTL0.235308

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 33%
H-stat 2.10
Ljung-Box p 0.000
Jarque-Bera p 0.516
Excess Kurtosis 0.22
Attribute Value
Sector Financial Services
Debt to Equity Ratio 0.008
Revenue per Share 0.142
Market Cap 262,644,368
Beta 3.53
Profit Margins -163.23%
Previous Name SGOCO Group, Ltd.
Website https://www.troops.co

As of Aug. 22, 2026, 5:22 a.m. EDT: Options activity shows a distinct lack of bullish positioning. Call volume is negligible, with open interest concentrated far out-of-the-money at strikes like $7.50, suggesting speculative lottery tickets rather than directional bets. Put activity is similarly sparse but slightly more active than calls, indicating minimal hedging or bearish conviction. The implied volatility is elevated relative to the tiny volume, hinting at uncertainty rather than a clear speculative thesis.


Info Dump

Attribute Value
52 Week Change 1.1153846
Address1 Unit A
Address2 18th Floor 8 Fui Yiu Kok Street
All Time High 33.32
All Time Low 0.49
Ask 2.8
Ask Size 2
Average Daily Volume10 Day 334,350
Average Daily Volume3 Month 380,674
Average Volume 380,674
Average Volume10Days 334,350
Beta 3.53
Bid 1.65
Bid Size 2
Book Value 0.401
City Tsuen Wan
Compensation As Of Epoch Date 1,640,908,800
Country Hong Kong
Crypto Tradeable 0
Currency USD
Current Price 2.15
Current Ratio 0.92
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.34
Day Low 2.15
Debt To Equity 0.008
Display Name TROOPS
Earnings Timestamp End 1,792,585,800
Earnings Timestamp Start 1,792,585,800
Ebitda -13,796,000
Ebitda Margins -0.80697
Enterprise To Ebitda -18.747
Enterprise To Revenue 15.128
Enterprise Value 258,629,360
Eps Trailing Twelve Months -0.22
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.1126
Fifty Day Average Change 0.037400007
Fifty Day Average Change Percent 0.017703306
Fifty Two Week Change Percent 111.53846
Fifty Two Week High 5.28
Fifty Two Week High Change -3.13
Fifty Two Week High Change Percent -0.592803
Fifty Two Week Low 0.92
Fifty Two Week Low Change 1.23
Fifty Two Week Low Change Percent 1.3369565
Fifty Two Week Range 0.92 - 5.28
Financial Currency USD
First Trade Date Milliseconds 1,207,747,800,000
Float Shares 58,556,254
Free Cashflow 7,484,750
Full Exchange Name NasdaqCM
Full Time Employees 47
Fullday Change -0.05
Fullday Change Percent -2.27273
Fullday Price 2.1208
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.11798
Gross Profits 2,017,000
Has Pre Post Market Data 1
Held Percent Insiders 0.59966
Held Percent Institutions 0.00327
Implied Shares Outstanding 122,160,166
Industry Credit Services
Industry Disp Credit Services
Industry Key credit-services
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,453,680,000
Last Split Factor 1:4
Long Business Summary TROOPS, Inc., together with its subsidiaries, provides consultancy services for insurance products in Hong Kong, Australia, and the People's Republic of China. The company also provides mortgage, personal, and corporate loans; and advisory and referral services in relation to the application of migration, education and visa renewal to its customers. In addition, it is involved in property lease and management; development, operation, and management of an online financial marketplace for financial technology solutions, including API services. The company was formerly known as SGOCO Group, Ltd. and changed its name to TROOPS, Inc. in November 2021. TROOPS, Inc. was founded in 2005 and is headquartered in Tsuen Wan, Hong Kong.
Long Name TROOPS, Inc.
Market us_market
Market Cap 262,644,368
Market State CLOSED
Max Age 86,400
Message Board Id finmb_98370001
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-08-28
Net Income To Common -27,905,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 268,752,365
Open 2.2
Operating Cashflow 807,000
Operating Margins -1.56796
Payout Ratio 0.0
Phone 852 2153 3957
Post Market Change -0.029200077
Post Market Change Percent -1.3581431
Post Market Price 2.1208
Post Market Time 1,787,959,806
Prev Name SGOCO Group, Ltd.
Previous Close 2.2
Price Hint 4
Price To Book 5.361596
Price To Sales Trailing12 Months 15.362913
Profit Margins -1.6322501
Quick Ratio 0.326
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.05
Regular Market Change Percent -2.27273
Regular Market Day High 2.34
Regular Market Day Low 2.15
Regular Market Day Range 2.15 - 2.34
Regular Market Open 2.2
Regular Market Previous Close 2.2
Regular Market Price 2.15
Regular Market Time 1,787,947,201
Regular Market Volume 581,386
Return On Assets -0.13567
Return On Equity -0.4759
Revenue Growth 0.27
Revenue Per Share 0.142
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 122,160,166
Shares Percent Shares Out 0.0241
Shares Short 2,948,623
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,278,790
Short Name TROOPS, Inc.
Short Percent Of Float 0.0366
Short Ratio 10.38
Source Interval 15
Symbol TROO
Total Cash 4,019,000
Total Cash Per Share 0.033
Total Debt 4,000
Total Revenue 17,096,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.22
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.7199
Two Hundred Day Average Change -0.5698998
Two Hundred Day Average Change Percent -0.2095297
Type Disp Equity
Volume 581,386
Website https://www.troops.co