AGM Group Holdings Inc. has reported its financial results for the year ended December 31, 2024. The company achieved a net income of $3.1 million, or $0.13 per share, marking a significant turnaround from a net loss of $7.4 million in 2023. This improvement comes despite a slight decrease in revenues, which stood at $23.87 million in 2024 compared to $24.15 million in the previous year. The gross profit for 2024 was reported at $0.43 million, a reduction from $1.48 million in 2023. The company also noted a gain from discontinued operations of $2.7 million in 2024, which starkly contrasts with the loss from discontinued operations of $18.9 million in 2023. These results reflect a positive shift in AGM Group Holdings Inc.'s overall financial health, with notable improvements in profitability and operational efficiency.
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