
Core Viewpoint - The company, Allied Group (TROO), has shown significant revenue growth but is facing substantial net losses, indicating potential challenges in profitability despite increasing sales [1]. Financial Performance - As of December 31, 2024, Allied Group reported total revenue of $10.073 million, representing a year-over-year increase of 182.24% [1]. - The company's net profit attributable to shareholders was -$13.413 million, reflecting a year-over-year decrease of 680.28% [1]. Company Background - Allied Group was renamed from "Shangwei Group" on December 4, 2020, and its predecessor was an offshore company [1]. - The company operates through its mainland China headquarters, Shangwei (Shenzhen) Technology Co., Ltd., focusing on the research and manufacturing of LCD display and network communication products [1]. - Allied Group was listed on the NASDAQ stock exchange in December 2010 [1].