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AgileThought (AGIL) reported strong financial results for the first half of Fiscal Year 2021. Q1 revenue reached $37.2 million, marking a 7.9% increase from the previous quarter, and Q2 revenue was $38.9 million, a 4.6% increase over Q1. The company added a record 17 new clients and achieved a 73% rise in bookings, totaling $104 million. AgileThought expects Q3 revenue between $40.2 million and $40.9 million, with FY 2021 revenue projected at $158.9 million to $160.6 million.
LIV Capital Acquisition Corp. (LIVK) has completed its business combination with AgileThought, a provider of digital transformation services. AgileThought will now trade on Nasdaq under the tickers AGIL and AGILW, with a market capitalization of approximately $420 million. The combination resulted in total equity capitalization of $91.5 million, including $53.3 million in gross cash proceeds. Existing AgileThought shareholders own 87.2% of the combined company. Proceeds will be used to repay debts and for general corporate purposes as AgileThought aims to drive shareholder value as a public entity.