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LGHL · NASDAQ · Financial - Capital Markets

Lion Group (ADR)

Chinese-investor-focused platform for TRS, CFDs, and OTC stock options.

$0.5600
After-hours close+0.04 (+7.98%)
At close$0.5186(−4.63%)
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Profile

Lion Group Holding Ltd.LGHLFinancials

Provides TRS, CFD, and OTC stock-options trading through Lion Brokers Pro, serving mostly Chinese investors outside the United States. Revenue centers on OTC options, while operating activities have narrowed to Cayman Islands subsidiaries under CIMA oversight.

Provides total-return swaps, contracts for difference, and over-the-counter stock options through Lion Brokers Pro and companion desktop and mobile applications. The platform serves mostly Chinese investors living inside and outside mainland China, excluding the United States; OTC options are predominantly linked to China A-shares, while TRS orders are generally matched back-to-back with swap counterparties.

Revenue is concentrated in OTC stock-options trading, where it writes options and may offset positions with third-party issuers. The business has withdrawn from Hong Kong futures and securities brokerage and now operates primarily through Cayman Islands subsidiaries, with CIMA as its sole remaining operating regulator. Customer access depends on cross-border financial rules and licensing, and its digital-asset treasury is held mainly in pledged, blocked custody accounts.

Company facts

CEOChunning Wang
ListedJun 17, 2020
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountrySingapore
Employees10
CIK0001806524
ISINUS53620U8889

Key statistics

Market cap$2.1K
EPS (ttm)−$57.15
P/E (ttm)−0.0092
ROE-29.6%
P/B0.0018
P/S0.0002
Dividend yield
Beta2.01vs XLF −0.54

Year to date −97.6% · Average volume (30d) 7.7M

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate
Reported−$68.45

Revenue

Estimate−$2.9M
Reported−$2.9M0.0%

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Dec 1, 2025−$68.45−$2.9M−$2.9M0.0%−10.91%
May 20, 2025−$31.45−$38.0M−1.41%
Jun 30, 2024−$72.68$6.7M+0.10%
Apr 30, 2024−$89.96$7.0M+6.78%
View details

Financial highlights

12 quartersQ2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$13.3M$7.0M$6.7M−$38.0M−$2.9M$12.0M
Gross profit$8.9M$555.6K$6.7M−$44.1M−$5.8M$9.2M
Operating income$693.0K−$1.6M−$2.0M−$51.2M−$7.2M$4.4M
Net income$1.2M−$6.0M−$7.6M−$19.8M−$7.6M$2.6M
Diluted EPS$300.00−$8,996.46−$3,924.75−$3,144.65−$6,844.55$0.00
Gross margin67.2%8.0%100.0%76.5%
Operating margin5.2%-23.1%-29.2%36.8%

Revenue by product · FY25

Other Member$377.2K · 100%

Revenue by geography · FY25

HONG KONG$2.6K · 100%

Balance sheet, Dec 31, 2025Cash & short-term investments $24.0M · Total debt $18.3M · Total assets $54.6M · Shareholders' equity $25.6M

Dividends

No dividends on record.

Ownership

Institutions 1.31%Insiders

Shares outstanding 4.0K · Float

Float — provider float is below the insider stake.

Insiders — filings are in the shares behind the receipt.

This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.

The provider's float is smaller than the insider stake it should exclude, so it is not shown.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 6, 2026HRT Financial LP10 percent owner−45,130$0.9390
Aug 5, 2026HRT Financial LP10 percent owner−10,392$0.9270
Aug 3, 2026HRT Financial LP10 percent owner−1,827$0.9260
Aug 4, 2026HRT Financial LP10 percent owner+13,764$0.9200
Jul 30, 2026HRT Financial LP10 percent owner−16,205$1.04
View details

Peers

  • Interactive Brokers

    Scaled multi-asset brokerage substitutes for leveraged derivatives access.

  • StoneX Group

    FOREX.com brings large-scale retail CFD and FX distribution.

  • Futu (ADR)

    Chinese-investor brokerage platform overlaps in global investing access.

CompareAfter-hours close

CompanyPriceChange
Lion Group (ADR)$0.5600+7.98%$2.1K0.0
Interactive Brokers$95.50−0.32%$165.61B38.332.814.9+31.9%
StoneX Group$68.640.00%$8.16B11.916.50.1+43.3%
Futu (ADR)$124.15−0.05%$17.34B12.311.55.2+35.7%
Median12.316.55.2+35.7%