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MoneyHero Limited (MNY)
NASDAQ:MNY
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Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-$0.3Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 10, 2024
|% Change Since: -10.46%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in operational efficiency and strategic growth in high-margin products, leading to improved adjusted EBITDA and revenue growth. However, challenges in provider partnerships and market-specific issues such as in Singapore and Taiwan tempered these achievements.Company Guidance
During the MoneyHero Group's Q3 2024 earnings call, comprehensive guidance was provided, emphasizing strategic advancements and financial metrics. The company reported a significant 6% year-over-year increase in revenue, reaching USD 20.9 million. Adjusted EBITDA improved markedly, reducing losses from USD 9.3 million in Q2 to USD 5.5 million in Q3, underscoring successful cost optimization and operational restructuring efforts. Personal loans, wealth, and investment revenues grew by 34% and nearly 5x year-over-year, respectively, while insurance revenue increased by 36% year-over-year, now comprising 9% of the group's revenue. The Singapore market faced a 13% decline in revenue due to provider campaign fluctuations, but diversification strategies helped mitigate impacts. Looking ahead to Q4, MoneyHero Group anticipates continued improvement in adjusted EBITDA and margin recovery, bolstered by a strategic focus on high-margin products and disciplined cost management.Improvement in Adjusted EBITDA
Adjusted EBITDA improved by over 40% quarter-on-quarter from a loss of $9.3 million in Q2 to a loss of $5.5 million in Q3.
Revenue Growth
6% year-over-year revenue growth to USD 20.9 million, with significant growth in the Philippines (up 49%) and Hong Kong (up 18%).
Growth in High-Margin Products
Revenue from personal loans and wealth and investment-related products grew by 34% Y-o-Y and nearly 5x Y-o-Y, respectively.
Insurance Vertical Expansion
Insurance revenue increased 36% Y-o-Y, contributing 9% to the group's overall revenue. Launched a car insurance vertical with innovative pricing capabilities.
Centralized Customer Data Platform
Centralized all customer data into a single platform, unlocking opportunities for cross-sell strategies and more efficient marketing campaigns.
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MNY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MNY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 10, 2024 | $1.20 | $1.26 | +5.00% |
| Sep 19, 2024 | $1.35 | $1.17 | -13.33% |
| Jun 24, 2024 | $2.38 | $2.09 | -12.18% |
| Apr 29, 2024 | $2.32 | $2.08 | -10.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does MoneyHero Limited (MNY) report earnings?
MoneyHero Limited (MNY) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is MoneyHero Limited (MNY) earnings time?
MoneyHero Limited (MNY) earnings time is at May 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MNY EPS forecast?
Currently, no data Available
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