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TROOPS Inc
Buy, Hold or Sell?

Let's analyse Troops together

PenkeI guess you are interested in TROOPS Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of TROOPS Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Troops (30 sec.)










What can you expect buying and holding a share of Troops? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$0.61
Expected worth in 1 year
$0.28
How sure are you?
30.0%

+ What do you gain per year?

Total Gains per Share
$-0.33
Return On Investment
-17.7%

For what price can you sell your share?

Current Price per Share
$1.87
Expected price per share
$1.26 - $2
How sure are you?
50%
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1. Valuation of Troops (5 min.)




Live pricePrice per Share (EOD)

$1.87

Intrinsic Value Per Share

$-0.45 - $3.79

Total Value Per Share

$0.16 - $4.41

2. Growth of Troops (5 min.)




Is Troops growing?

Current yearPrevious yearGrowGrow %
How rich?$62.2m$70.6m-$8.4m-13.5%

How much money is Troops making?

Current yearPrevious yearGrowGrow %
Making money-$346k-$67.9m$67.5m19,530.9%
Net Profit Margin-8.9%-1,582.2%--

How much money comes from the company's main activities?

3. Financial Health of Troops (5 min.)




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What can you expect buying and holding a share of Troops? (5 min.)

Welcome investor! Troops's management wants to use your money to grow the business. In return you get a share of Troops.

What can you expect buying and holding a share of Troops?

First you should know what it really means to hold a share of Troops. And how you can make/lose money.

Speculation

The Price per Share of Troops is $1.8685. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Troops.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Troops, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.61. Based on the TTM, the Book Value Change Per Share is $-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is $0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Troops.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.00-0.2%0.00-0.2%-0.08-4.4%-0.21-11.4%-0.12-6.4%
Usd Book Value Change Per Share-0.08-4.4%-0.08-4.4%0.000.0%-0.04-2.3%-0.01-0.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.08-4.4%-0.08-4.4%0.000.0%-0.04-2.3%-0.01-0.6%
Usd Price Per Share2.18-2.18-4.91-2.07-1.96-
Price to Earnings Ratio-640.13--640.13--59.29--142.71--80.18-
Price-to-Total Gains Ratio-26.30--26.30--7.56--3.30-
Price to Book Ratio3.56-3.56-7.06-2.80-2.49-
Price-to-Total Gains Ratio-26.30--26.30--7.56--3.30-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.8685
Number of shares535
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.08-0.04
Usd Total Gains Per Share-0.08-0.04
Gains per Quarter (535 shares)-44.35-22.76
Gains per Year (535 shares)-177.42-91.04
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-177-1870-91-101
20-355-3640-182-192
30-532-5410-273-283
40-710-7180-364-374
50-887-8950-455-465
60-1065-10720-546-556
70-1242-12490-637-647
80-1419-14260-728-738
90-1597-16030-819-829
100-1774-17800-910-920

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%1.09.00.010.0%5.010.00.033.3%
Book Value Change Per Share0.01.00.00.0%0.02.01.00.0%1.03.01.020.0%3.06.01.030.0%7.06.02.046.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.015.00.0%
Total Gains per Share0.01.00.00.0%0.02.01.00.0%1.03.01.020.0%3.06.01.030.0%7.06.02.046.7%
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Fundamentals of Troops

About TROOPS Inc

TROOPS, Inc., together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans; operates online financial marketplace through a platform for money lending, system integration, and consultation services; and invests in real estate properties in Hong Kong. It also offers fintech and IT support services, which includes artificial intelligence, big data and blockchain technology, machine learning, fingerprint ID, facial recognition, and cloud computing, and GFS strives; and engages in property leasing and management 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.

Fundamental data was last updated by Penke on 2024-02-04 16:21:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of TROOPS Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Troops earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Troops to the Software - Application industry mean.
  • A Net Profit Margin of -8.9% means that $-0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of TROOPS Inc:

  • The MRQ is -8.9%. The company is making a loss. -1
  • The TTM is -8.9%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-8.9%TTM-8.9%0.0%
TTM-8.9%YOY-1,582.2%+1,573.3%
TTM-8.9%5Y-925.4%+916.5%
5Y-925.4%10Y-2,684.2%+1,758.8%
1.1.2. Return on Assets

Shows how efficient Troops is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Troops to the Software - Application industry mean.
  • -0.5% Return on Assets means that Troops generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of TROOPS Inc:

  • The MRQ is -0.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.5%TTM-0.5%0.0%
TTM-0.5%YOY-75.4%+74.9%
TTM-0.5%5Y-36.8%+36.3%
5Y-36.8%10Y-19.8%-17.0%
1.1.3. Return on Equity

Shows how efficient Troops is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Troops to the Software - Application industry mean.
  • -0.6% Return on Equity means Troops generated $-0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of TROOPS Inc:

  • The MRQ is -0.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.6%TTM-0.6%0.0%
TTM-0.6%YOY-96.2%+95.6%
TTM-0.6%5Y-46.5%+46.0%
5Y-46.5%10Y-24.8%-21.7%
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1.2. Operating Efficiency of TROOPS Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Troops is operating .

  • Measures how much profit Troops makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Troops to the Software - Application industry mean.
  • An Operating Margin of -30.3% means the company generated $-0.30  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of TROOPS Inc:

  • The MRQ is -30.3%. The company is operating very inefficient. -2
  • The TTM is -30.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-30.3%TTM-30.3%0.0%
TTM-30.3%YOY-1,568.6%+1,538.3%
TTM-30.3%5Y-686.4%+656.1%
5Y-686.4%10Y-1,292.1%+605.7%
1.2.2. Operating Ratio

Measures how efficient Troops is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.35 means that the operating costs are $1.35 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of TROOPS Inc:

  • The MRQ is 1.353. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.353. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.353TTM1.3530.000
TTM1.353YOY2.328-0.975
TTM1.3535Y2.136-0.783
5Y2.13610Y11.255-9.119
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1.3. Liquidity of TROOPS Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Troops is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 5.28 means the company has $5.28 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of TROOPS Inc:

  • The MRQ is 5.281. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.281. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.281TTM5.2810.000
TTM5.281YOY3.444+1.837
TTM5.2815Y5.414-0.133
5Y5.41410Y4.855+0.559
1.3.2. Quick Ratio

Measures if Troops is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Troops to the Software - Application industry mean.
  • A Quick Ratio of 5.22 means the company can pay off $5.22 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of TROOPS Inc:

  • The MRQ is 5.222. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 5.222. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ5.222TTM5.2220.000
TTM5.222YOY3.428+1.795
TTM5.2225Y4.567+0.655
5Y4.56710Y4.074+0.493
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1.4. Solvency of TROOPS Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Troops assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Troops to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.11 means that Troops assets are financed with 10.7% credit (debt) and the remaining percentage (100% - 10.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of TROOPS Inc:

  • The MRQ is 0.107. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.107. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.107TTM0.1070.000
TTM0.107YOY0.216-0.109
TTM0.1075Y0.160-0.053
5Y0.16010Y0.143+0.017
1.4.2. Debt to Equity Ratio

Measures if Troops is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Troops to the Software - Application industry mean.
  • A Debt to Equity ratio of 12.0% means that company has $0.12 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of TROOPS Inc:

  • The MRQ is 0.120. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.120. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.120TTM0.1200.000
TTM0.120YOY0.276-0.156
TTM0.1205Y0.200-0.080
5Y0.20010Y0.173+0.028
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2. Market Valuation of TROOPS Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Troops generates.

  • Above 15 is considered overpriced but always compare Troops to the Software - Application industry mean.
  • A PE ratio of -640.13 means the investor is paying $-640.13 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of TROOPS Inc:

  • The EOD is -548.659. Based on the earnings, the company is expensive. -2
  • The MRQ is -640.126. Based on the earnings, the company is expensive. -2
  • The TTM is -640.126. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-548.659MRQ-640.126+91.468
MRQ-640.126TTM-640.1260.000
TTM-640.126YOY-59.295-580.831
TTM-640.1265Y-142.709-497.417
5Y-142.70910Y-80.177-62.532
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of TROOPS Inc:

  • The EOD is -362.282. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -422.679. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -422.679. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-362.282MRQ-422.679+60.397
MRQ-422.679TTM-422.6790.000
TTM-422.679YOY22.951-445.630
TTM-422.6795Y-71.054-351.625
5Y-71.05410Y-52.496-18.558
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Troops is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 3.56 means the investor is paying $3.56 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of TROOPS Inc:

  • The EOD is 3.052. Based on the equity, the company is fair priced.
  • The MRQ is 3.561. Based on the equity, the company is fair priced.
  • The TTM is 3.561. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.052MRQ3.561-0.509
MRQ3.561TTM3.5610.000
TTM3.561YOY7.063-3.503
TTM3.5615Y2.805+0.756
5Y2.80510Y2.488+0.317
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of TROOPS Inc.

3.1. Institutions holding TROOPS Inc

Institutions are holding 0.101% of the shares of TROOPS Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Geode Capital Management, LLC0.051505236700
2023-09-30State Street Corporation0.04204262914003.3957
2023-09-30Morgan Stanley - Brokerage Accounts0.00750760700
2023-09-30Cutler Group LP0.00090.000394100
2023-09-30Qube Research & Technologies0.0001079790
Total 0.1020.0003103623+1479+1.4%

3.2. Funds holding TROOPS Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Fidelity Nasdaq Composite Index0.05150.00115236700
2024-01-31SPDR® Portfolio Emerging Markets ETF0.04580.00114656900
Total 0.09730.00229893600.0%
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4. Summary

4.1. Key Performance Indicators

The key performance indicators of TROOPS Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.083-0.0830%--100%-0.043-49%-0.012-86%
Book Value Per Share--0.6120.6120%0.695-12%0.969-37%0.899-32%
Current Ratio--5.2815.2810%3.444+53%5.414-2%4.855+9%
Debt To Asset Ratio--0.1070.1070%0.216-50%0.160-33%0.143-25%
Debt To Equity Ratio--0.1200.1200%0.276-56%0.200-40%0.173-30%
Dividend Per Share----0%-0%-0%-0%
Eps---0.003-0.0030%-0.083+2332%-0.213+6169%-0.119+3396%
Free Cash Flow Per Share---0.005-0.0050%0.214-102%0.013-139%-0.012+139%
Free Cash Flow To Equity Per Share---0.005-0.0050%0.248-102%0.151-103%0.067-108%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.009-1%
Intrinsic Value_10Y_max--3.794--------
Intrinsic Value_10Y_min---0.447--------
Intrinsic Value_1Y_max--0.193--------
Intrinsic Value_1Y_min---0.021--------
Intrinsic Value_3Y_max--0.722--------
Intrinsic Value_3Y_min---0.083--------
Intrinsic Value_5Y_max--1.424--------
Intrinsic Value_5Y_min---0.169--------
Market Cap189835863.000-17%221483640.000221483640.0000%498846180.000-56%210104664.000+5%198624090.000+12%
Net Profit Margin---0.089-0.0890%-15.822+17620%-9.254+10264%-26.842+29961%
Operating Margin---0.303-0.3030%-15.686+5078%-6.864+2166%-12.921+4165%
Operating Ratio--1.3531.3530%2.328-42%2.136-37%11.255-88%
Pb Ratio3.052-17%3.5613.5610%7.063-50%2.805+27%2.488+43%
Pe Ratio-548.659+14%-640.126-640.1260%-59.295-91%-142.709-78%-80.177-87%
Price Per Share1.869-17%2.1802.1800%4.910-56%2.068+5%1.955+12%
Price To Free Cash Flow Ratio-362.282+14%-422.679-422.6790%22.951-1942%-71.054-83%-52.496-88%
Price To Total Gains Ratio-22.538+14%-26.295-26.2950%---7.562-71%-3.297-87%
Quick Ratio--5.2225.2220%3.428+52%4.567+14%4.074+28%
Return On Assets---0.005-0.0050%-0.754+15078%-0.368+7314%-0.198+3881%
Return On Equity---0.006-0.0060%-0.962+17190%-0.465+8264%-0.248+4359%
Total Gains Per Share---0.083-0.0830%--100%-0.043-49%-0.012-86%
Usd Book Value--62204000.00062204000.0000%70627000.000-12%98451600.000-37%91357400.000-32%
Usd Book Value Change Per Share---0.083-0.0830%--100%-0.043-49%-0.012-86%
Usd Book Value Per Share--0.6120.6120%0.695-12%0.969-37%0.899-32%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.003-0.0030%-0.083+2332%-0.213+6169%-0.119+3396%
Usd Free Cash Flow---524000.000-524000.0000%21735000.000-102%1349600.000-139%-1250200.000+139%
Usd Free Cash Flow Per Share---0.005-0.0050%0.214-102%0.013-139%-0.012+139%
Usd Free Cash Flow To Equity Per Share---0.005-0.0050%0.248-102%0.151-103%0.067-108%
Usd Market Cap189835863.000-17%221483640.000221483640.0000%498846180.000-56%210104664.000+5%198624090.000+12%
Usd Price Per Share1.869-17%2.1802.1800%4.910-56%2.068+5%1.955+12%
Usd Profit---346000.000-346000.0000%-67923000.000+19531%-37123200.000+10629%-19813900.000+5627%
Usd Revenue--3875000.0003875000.0000%4293000.000-10%3913200.000-1%27081100.000-86%
Usd Total Gains Per Share---0.083-0.0830%--100%-0.043-49%-0.012-86%
 EOD+3 -5MRQTTM+0 -0YOY+16 -165Y+16 -1710Y+20 -14

4.2. Fundamental Score

Let's check the fundamental score of TROOPS Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-548.659
Price to Book Ratio (EOD)Between0-13.052
Net Profit Margin (MRQ)Greater than0-0.089
Operating Margin (MRQ)Greater than0-0.303
Quick Ratio (MRQ)Greater than15.222
Current Ratio (MRQ)Greater than15.281
Debt to Asset Ratio (MRQ)Less than10.107
Debt to Equity Ratio (MRQ)Less than10.120
Return on Equity (MRQ)Greater than0.15-0.006
Return on Assets (MRQ)Greater than0.05-0.005
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of TROOPS Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.973
Ma 20Greater thanMa 501.998
Ma 50Greater thanMa 1002.361
Ma 100Greater thanMa 2003.010
OpenGreater thanClose1.900
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Accumulated Other Comprehensive Income  -9-1-105-50-583
Total Other Income Expense Net -10,061-29,630-39,69138,801-8900-8901,662772



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets69,686
Total Liabilities7,482
Total Stockholder Equity62,204
 As reported
Total Liabilities 7,482
Total Stockholder Equity+ 62,204
Total Assets = 69,686

Assets

Total Assets69,686
Total Current Assets11,539
Long-term Assets58,147
Total Current Assets
Cash And Cash Equivalents 2,950
Net Receivables 8,461
Total Current Assets  (as reported)11,539
Total Current Assets  (calculated)11,411
+/- 128
Long-term Assets
Property Plant Equipment 48,681
Goodwill 385
Intangible Assets 42
Long-term Assets Other 9,039
Long-term Assets  (as reported)58,147
Long-term Assets  (calculated)58,147
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,185
Long-term Liabilities5,297
Total Stockholder Equity62,204
Total Current Liabilities
Short-term Debt 116
Short Long Term Debt 94
Other Current Liabilities 1,981
Total Current Liabilities  (as reported)2,185
Total Current Liabilities  (calculated)2,191
+/- 6
Long-term Liabilities
Capital Lease Obligations 26
Long-term Liabilities  (as reported)5,297
Long-term Liabilities  (calculated)26
+/- 5,271
Total Stockholder Equity
Common Stock406
Retained Earnings -73,879
Accumulated Other Comprehensive Income 3
Other Stockholders Equity 135,674
Total Stockholder Equity (as reported)62,204
Total Stockholder Equity (calculated)62,204
+/-0
Other
Capital Stock406
Cash and Short Term Investments 2,950
Common Stock Shares Outstanding 101,598
Current Deferred Revenue88
Liabilities and Stockholders Equity 69,686
Net Debt -2,830
Net Invested Capital 62,298
Net Working Capital 9,354
Property Plant and Equipment Gross 59,497
Short Long Term Debt Total 120



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-31
> Total Assets 
285
34,007
33,964
152,621
85,201
85,201
104,735
92,553
86,882
100,272
98,453
190,841
140,578
90,130
90,130
69,686
69,68690,13090,130140,578190,84198,453100,27286,88292,553104,73585,20185,201152,62133,96434,007285
   > Total Current Assets 
102
209
126
127,145
84,984
84,984
104,512
92,539
1,181
6,607
5,707
76,549
47,228
25,650
25,650
11,539
11,53925,65025,65047,22876,5495,7076,6071,18192,539104,51284,98484,984127,145126209102
       Cash And Cash Equivalents 
102
100
30
23,494
535
535
13,497
92
345
29
4,262
14,342
5,161
3,028
3,028
2,950
2,9503,0283,0285,16114,3424,262293459213,49753553523,49430100102
       Net Receivables 
0
0
0
56,464
77,915
77,915
50,123
92,289
587
119
702
31,091
35,291
22,497
22,497
8,461
8,46122,49722,49735,29131,09170211958792,28950,12377,91577,91556,464000
       Other Current Assets 
0
108
96
47
61
61
51
56
223
6,459
743
31,116
6,776
125
175
0
01751256,77631,1167436,4592235651616147961080
   > Long-term Assets 
183
33,799
33,838
25,476
218
218
223
14
85,701
93,665
92,746
114,292
93,350
64,480
64,480
58,147
58,14764,48064,48093,350114,29292,74693,66585,7011422321821825,47633,83833,799183
       Property Plant Equipment 
0
0
0
16,886
218
218
223
14
8
5
511
58,319
57,979
52,340
52,340
48,681
48,68152,34052,34057,97958,319511581422321821816,886000
       Goodwill 
0
0
0
0
0
0
0
0
0
36,504
49,977
20,804
3,906
5,107
5,107
385
3855,1075,1073,90620,80449,97736,504000000000
       Intangible Assets 
0
0
0
8,589
0
0
0
0
0
25,290
42,258
22,579
2,377
446
446
42
424464462,37722,57942,25825,290000008,589000
       Long-term Assets Other 
183
0
0
0
0
0
0
0
85,693
31,866
0
12,429
29,088
6,587
6,587
9,039
9,0396,5876,58729,08812,429031,86685,6930000000183
> Total Liabilities 
282
10,935
10,980
91,993
11,313
11,313
16,946
7,356
9,046
13,593
14,638
22,667
19,952
19,503
19,503
7,482
7,48219,50319,50319,95222,66714,63813,5939,0467,35616,94611,31311,31391,99310,98010,935282
   > Total Current Liabilities 
282
32
76
88,463
11,220
11,220
16,925
7,356
9,046
7,270
3,386
10,035
6,493
7,447
7,447
2,185
2,1857,4477,4476,49310,0353,3867,2709,0467,35616,92511,22011,22088,4637632282
       Short-term Debt 
282
0
0
46,141
209
209
6,734
100
2,169
342
2,527
3,757
4,526
5,595
5,595
116
1165,5955,5954,5263,7572,5273422,1691006,73420920946,14100282
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
2,527
3,757
4,458
5,435
38
94
94385,4354,4583,7572,5270000000000
       Accounts payable 
0
0
0
31,958
4,609
4,609
2,052
606
46
222
235
1,995
1
0
0
0
00011,995235222466062,0524,6094,60931,958000
       Other Current Liabilities 
0
32
76
7,085
6,249
6,249
7,140
6,452
6,410
6,706
511
4,282
1,965
1,852
1,852
1,981
1,9811,8521,8521,9654,2825116,7066,4106,4527,1406,2496,2497,08576320
   > Long-term Liabilities 
282
10,903
10,903
3,531
93
93
21
904
2,636
6,323
11,252
12,632
13,459
12,056
12,056
5,297
5,29712,05612,05613,45912,63211,2526,3232,6369042193933,53110,90310,903282
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
11,252
12,272
7,059
5,859
5,545
0
05,5455,8597,05912,27211,2520000000000
> Total Stockholder Equity
3
23,072
22,984
60,628
73,888
73,888
87,789
85,197
77,836
86,679
83,815
138,069
120,430
70,627
70,627
62,204
62,20470,62770,627120,430138,06983,81586,67977,83685,19787,78973,88873,88860,62822,98423,0723
   Common Stock
1
5
5
17
17
17
18
18
18
38
65
302
320
405
405
406
4064054053203026538181818171717551
   Retained Earnings 
-22
215
127
29,052
49,178
49,178
61,080
59,601
57,183
52,136
40,922
21,128
2,316
-65,120
-65,120
-73,879
-73,879-65,120-65,1202,31621,12840,92252,13657,18359,60161,08049,17849,17829,052127215-22
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
24
22,852
22,852
24,182
24,609
24,609
25,052
25,589
25,904
42,205
50,159
116,648
117,804
135,347
135,347
135,674
135,674135,347135,347117,804116,64850,15942,20525,90425,58925,05224,60924,60924,18222,85222,85224



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue3,875
Cost of Revenue-3,053
Gross Profit822822
 
Operating Income (+$)
Gross Profit822
Operating Expense-2,189
Operating Income-1,174-1,367
 
Operating Expense (+$)
Research Development0
Selling General Administrative2,189
Selling And Marketing Expenses0
Operating Expense2,1892,189
 
Net Interest Income (+$)
Interest Income2
Interest Expense-59
Other Finance Cost-0
Net Interest Income-57
 
Pretax Income (+$)
Operating Income-1,174
Net Interest Income-57
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-402-1,946
EBIT - interestExpense = -1,233
-402
-287
Interest Expense59
Earnings Before Interest and Taxes (EBIT)-1,174-343
Earnings Before Interest and Taxes (EBITDA)796
 
After tax Income (+$)
Income Before Tax-402
Tax Provision--56
Net Income From Continuing Ops-346-346
Net Income-346
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses5,242
Total Other Income/Expenses Net77257
 

Technical Analysis of Troops
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Troops. The general trend of Troops is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Troops's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of TROOPS Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1.91 < 1.92 < 2.

The bearish price targets are: 1.645 > 1.53 > 1.26.

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TROOPS Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of TROOPS Inc. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

TROOPS Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of TROOPS Inc. The current macd is -0.17768101.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Troops price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Troops. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Troops price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
TROOPS Inc Daily Moving Average Convergence/Divergence (MACD) ChartTROOPS Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of TROOPS Inc. The current adx is 30.96.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Troops shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
TROOPS Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of TROOPS Inc. The current sar is 2.30390435.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
TROOPS Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of TROOPS Inc. The current rsi is 37.97. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1