Revenue growth has turned sharply negative, with a 62.7% decline in 2024Q2, while operating margins remain deeply suppressed at -2.2% despite historical volatility.
| Sales/Revenue | 38.08M | 45.55M | 47.68M | 26.41M | 3.66M | 0 |
| Revenue Growth % | -20.78% | -4.48% | 80.56% | 621.53% | - | - |
| Cost of Goods Sold | 29.76M | 42.71M | 41.24M | 34.91M | 7.79M | 0 |
| COGS % of Revenue | - | 93.77% | 86.49% | 132.2% | 212.92% | - |
| Gross Profit | 8.32M | 2.84M | 6.44M | -8.5M | -4.13M | 0 |
| Gross Margin % | 21.84% | 6.23% | 13.51% | -32.2% | -112.92% | - |
| Gross Profit Growth % | - | -55.96% | 175.73% | -105.76% | - | - |
| Operating Expenses | 235.27M | 263.48M | 171.12M | 630.22M | 62.18M | 0 |
| OpEx % of Revenue | - | 578.51% | 358.88% | 2386.45% | 1698.83% | - |
| Selling, General & Admin | 60.69M | 68.42M | 131.49M | 597.51M | 56.12M | 338.65K |
| SG&A % of Revenue | - | 150.23% | 275.77% | 2262.63% | 1533.28% | - |
| Research & Development | 6.45M | 9.83M | 12.37M | 16.49M | 4.11M | 0 |
| R&D % of Revenue | - | 21.57% | 25.94% | 62.45% | 112.35% | - |
| Other Operating Expenses | 2.61M | 185.23M | 27.26M | 16.21M | 1.95M | -338.65K |
| Operating Income | -226.95M | -260.65M | -164.68M | -638.72M | -66.31M | -338.65K |
| Operating Margin % | -595.98% | -572.28% | -345.37% | -2418.66% | -1811.75% | - |
| Operating Income Growth % | - | -58.28% | 74.22% | -863.23% | -19480.75% | - |
| EBITDA | -211.01M | -230.18M | -139.21M | -629.61M | -64.43M | -338.65K |
| EBITDA Margin % | -554.1% | -505.39% | -291.96% | -2384.17% | -1760.46% | - |
| EBITDA Growth % | -96.01% | -65.35% | 77.89% | -877.16% | -18926.48% | - |
| D&A (Non-Cash Add-back) | 15.95M | 30.47M | 25.47M | 9.11M | 1.88M | 0 |
| EBIT | -111.75M | -280.13M | -138.29M | -631.62M | -66.24M | -338.65K |
| Net Interest Income | -38.95M | -35.41M | -25.42M | -44K | -1.33M | 505.94K |
| Interest Income | 339.47K | 0 | 0 | 10.71K | 346.3K | 505.94K |
| Interest Expense | 6.46M | 35.41M | 25.42M | 0 | 0 | 0 |
| Other Income/Expense | -83.17M | -54.89M | 974K | -64.79M | -31.29M | 536.12K |
| Pretax Income | -310.12M | -315.53M | -163.7M | -703.5M | -97.6M | 197.47K |
| Pretax Margin % | -814.38% | -692.79% | -343.33% | -2663.98% | -2666.61% | - |
| Income Tax | 358.05K | -16.58M | -6.19M | -1.06M | 0 | 0 |
| Effective Tax Rate % | -0.12% | 5.25% | 3.78% | 0.15% | 0% | 0% |
| Net Income | -296.86M | -294.69M | -191.63M | -773.55M | -75.4M | 197.47K |
| Net Margin % | -779.56% | -647.03% | -401.89% | -2929.24% | -2060% | - |
| Net Income Growth % | -107.8% | -53.78% | 75.23% | -925.99% | -38280.6% | - |
| Net Income (Continuing) | -148.74M | -298.96M | -157.52M | -702.44M | -97.6M | 197.47K |
| Discontinued Operations | 0 | 200K | -38.08M | -71.11M | 22.2M | 0 |
| Minority Interest | 0 | 11.64M | 4.87M | 0 | 0 | 0 |
| EPS (Diluted) | -3.75 | -1.56 | -0.79 | -0.16 | -0.01 | 0.05 |
| EPS Growth % | -1.23% | -97.47% | -393.75% | - | -112.65% | - |
| EPS (Basic) | - | -1.56 | -0.79 | -0.16 | -0.01 | 0.05 |
| Diluted Shares Outstanding | 79.16M | 65.27M | 56.08M | 47.38M | 59.75M | 3.97M |
| Basic Shares Outstanding | 79.16M | 65.27M | 56.08M | 47.38M | 59.75M | 3.97M |
| Dividend Payout Ratio | - | - | - | - | - | - |
Imminent liquidity and dilution
As reported in recent financial filings, Triller Group's revenue growth has turned negative, with a 62.7% decline observed in 2024Q2, signaling that the company's core media platform is struggling to maintain user engagement and monetization momentum amidst a complex transition following its recent reverse merger.
The erratic revenue performance suggests that the company's reliance on project-based media events lacks the recurring nature required for sustainable growth. Investors should monitor whether the integration of financial services can offset the persistent decline in legacy platform traffic.
Based on historical income statements, the company's gross margin has fluctuated wildly, reaching a low of -7.5% in 2023Q2, which indicates that the direct costs of content production and rights acquisition frequently overwhelm the revenue generated from these high-cost media assets.
This structural instability suggests a lack of pricing power and an inability to effectively amortize content costs across a stable user base. The wide variance in margins implies that the business model is highly sensitive to the success or failure of individual events rather than platform-wide scale.
According to the provided quarterly data, SG&A expenses consistently dwarf gross profits, resulting in an operating margin of -572.28% and highlighting a fundamental inability to achieve the operational scale necessary to cover the company's massive fixed-cost overhead and administrative burden.
The persistent gap between operating expenses and gross profit suggests that the current cost structure is misaligned with the company's revenue-generating capacity. Without a significant reduction in overhead or a massive surge in top-line growth, the company appears trapped in a cycle of operating losses.
As indicated by the company's financial statements, the reliance on non-cash items and complex corporate restructurings raises concerns regarding the quality of earnings, as the firm continues to burn through its limited $1.84 million cash position while struggling to achieve positive operating cash flow.
Short-term observers may focus on the potential for dilution as the company likely requires external capital to sustain its current burn rate. The lack of a clear path to profitability suggests that the current valuation may be disconnected from the underlying operational realities.
Quick answers to the most common questions about buying ILLRW stock.
For fiscal year 2023, Triller Group Inc. (ILLRW) reported total revenue of $45.5M.
Triller Group Inc. (ILLRW) reported a net loss of $294.7M for the fiscal year ending 2023.
Triller Group Inc. (ILLRW) reported an operating income of $-260.6M, resulting in an operating profit margin of -572.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Triller Group Inc. (ILLRW) generated $2.8M in gross profit for the year, representing a gross profit margin of 6.2%. This demonstrates the company's core pricing power and production efficiency.