Triller Group (ILLR) investor relations material

Executive summary

• Completed a merger with Triller Corp., redomiciled to Delaware, and rebranded as Triller Group Inc. on October 15, 2024, with significant changes to capital structure and share count.

• Operates four main business segments: Distribution, Platform, Fintech, and Healthcare, with a strong presence in Hong Kong and the Greater Bay Area.

• The company’s common stock and warrants now trade on Nasdaq under new symbols following forward and reverse stock splits.

Financial highlights

• For the nine months ended September 30, 2024, total revenue was $18.0 million, down 56.7% year-over-year, primarily due to a sharp decline in commission income from the Distribution Business.

• Net loss for the nine months was $28.8 million, an 18.9% improvement from the $35.6 million net loss in the prior year period, mainly due to reduced operating expenses.

• Operating expenses decreased 43.8% year-over-year to $43.8 million, driven by lower commission, personnel, and legal/professional fees.

• Cash and cash equivalents as of September 30, 2024, were $5.1 million, with restricted cash of $13.7 million.

• Working capital deficit increased to $40.5 million from $22.2 million at year-end 2023.

Outlook and guidance

• Management expects continued operating losses in the near term as investments in business growth persist.

• Plans to raise additional capital through debt and/or equity offerings to fund operations and growth initiatives.

• Focus remains on expanding the Distribution and Platform businesses and seeking new funding sources.