
Core Viewpoint - Allied Group (TROO) experienced a stock price increase of 3.54% on August 8, closing at $0.77 per share, with a total market capitalization of $83.21 million [1] Financial Performance - For the fiscal year ending December 31, 2024, Allied Group reported total revenue of $10.073 million, representing a year-over-year growth of 182.24% [1] - The company recorded a net loss attributable to shareholders of $13.413 million, which is a significant increase in loss of 680.28% compared to the previous year [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., and specializes in 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]