Consultancy Services For Insurance Products was Troops’s largest segment in fiscal 2025, bringing in $12.86M of $17.10M (75%).
| Segment | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Consultancy Services For Insurance Products | — | — | $4.48M | $12.86M | ||||||
| Lcd/Led Products | — | — | — | — | ||||||
| Lcdled Product | — | — | — | — | ||||||
| Money Lending Services | $2.45M | $2.31M | $3.31M | $2.17M | ||||||
| Property Lease & Management | $1.11M | $1.07M | $1.78M | $1.38M | ||||||
| Financial Technology Solutions & Services | $318.00K | $187.00K | — | — | ||||||
| Advisory & Referral Services | — | — | $356.00K | $549.00K | ||||||
| Applications, Technology, & Services | — | — | $151.00K | $137.00K | ||||||
| Green Energy Products & Services | — | — | — | — | ||||||
| Green Energy Product Services | — | — | — | — | ||||||
| Total | $3.88M | $3.57M | $10.07M | $17.10M |
Troops brought in $17.10M from its five segments in fiscal 2025, the year ended December 31, 2025. That was up 69.7% from $10.07M in fiscal 2024. Consultancy Services For Insurance Products was the largest at $12.86M (75.2%), ahead of Money Lending Services at $2.17M (12.7%) and Property Lease & Management at $1.38M (8.1%). The other two segments brought in $686.00K combined.
Compared with fiscal 2024, Consultancy Services For Insurance Products grew fastest, up 187.2% to $12.86M, while Money Lending Services fell the most, down 34.5% to $2.17M.
Troops began breaking out Consultancy Services For Insurance Products in fiscal 2024, Advisory & Referral Services in fiscal 2024 and Applications, Technology, & Services in fiscal 2024. Troops stopped reporting Financial Technology Solutions & Services as a separate segment after fiscal 2023, when it brought in $187.00K.
Consultancy Services For Insurance Products was Troops’s largest product and service line in fiscal 2025, bringing in $12.86M of $17.10M (75%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Consultancy Services For Insurance Products | — | — | $4.48M | $12.86M | |||||
| Product Sale | — | — | — | — | |||||
| Interest On Loans | $2.45M | $2.31M | $3.31M | $2.17M | |||||
| Financial Technology Solution & Services | — | — | — | — | |||||
| Property Lease & Management | $1.11M | $1.07M | $1.78M | $1.38M | |||||
| Applications, Technology & Services | $318.00K | $187.00K | $151.00K | $549.00K | |||||
| Advisory & Referral Services | — | — | $356.00K | $137.00K | |||||
| Total | $3.88M | $3.57M | $10.07M | $17.10M |
Troops brought in $17.10M from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 69.7% from $10.07M in fiscal 2024. Consultancy Services For Insurance Products was the largest at $12.86M (75.2%), ahead of Interest On Loans at $2.17M (12.7%) and Property Lease & Management at $1.38M (8.1%). The other two lines brought in $686.00K combined.
Compared with fiscal 2024, Applications, Technology & Services grew fastest, up 263.6% to $549.00K, while Interest On Loans fell the most, down 34.5% to $2.17M.
Troops began breaking out Consultancy Services For Insurance Products in fiscal 2024 and Advisory & Referral Services in fiscal 2024.
Hong Kong was Troops’s largest region in fiscal 2025, bringing in $16.78M of $17.10M (98%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Prc | — | — | $26.00K | $198.00K | ||||||||||
| Mainland China | — | — | — | — | ||||||||||
| China | — | — | — | — | ||||||||||
| Cn | — | — | — | — | ||||||||||
| International | — | — | — | — | ||||||||||
| Hong Kong | $3.60M | $3.44M | $10.05M | $16.78M | ||||||||||
| Australia | $278.00K | $127.00K | — | $115.00K | ||||||||||
| Total | $3.88M | $3.57M | $10.07M | $17.10M |
Troops brought in $17.10M from its three regions in fiscal 2025, the year ended December 31, 2025. Troops regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $10.07M. Hong Kong was the largest at $16.78M (98.2%), ahead of Prc at $198.00K (1.2%) and Australia at $115.00K (0.7%).
Troops began breaking out Prc in fiscal 2024, when it brought in $26.00K.
Troops (TROO) reports its revenue by segment, by product and service and by geography. In fiscal 2025, Consultancy Services For Insurance Products was its largest segment, bringing in $12.86M (75.2% of the total), followed by Money Lending Services at $2.17M (12.7%).
Consultancy Services For Insurance Products was Troops' largest segment in fiscal 2025, bringing in $12.86M, or 75.2% of the $17.10M total across its five segments.
Consultancy Services For Insurance Products was Troops' largest product and service line in fiscal 2025, bringing in $12.86M, or 75.2% of the $17.10M total across its five product and service lines.
Hong Kong was Troops' largest region in fiscal 2025, bringing in $16.78M, or 98.2% of the $17.10M total across its three regions.
Among Troops' segments that make up at least 2% of revenue, Consultancy Services For Insurance Products grew fastest in fiscal 2025, up 187.2% from $4.48M to $12.86M.
Every figure comes from Troops' annual financial filings, as reported. Each line keeps the name Troops gives it, and years follow its fiscal calendar.
Troops' revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.