MoneyHero (NASDAQ:MNY – Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.05), Zacks reports. The firm had revenue of $16.52 million during the quarter, compared to the consensus estimate of $16.18 million. MoneyHero had a negative return on equity of 15.69% and a negative net margin of 12.53%.
Here are the key takeaways from MoneyHero’s conference call:
- Revenue rose 15% year over year to $16.5 million, with management emphasizing that growth was driven by better monetization rather than low-quality traffic.
- Adjusted EBITDA loss narrowed 68% to $1.1 million, suggesting the company is getting close to breakeven as operating efficiency improves.
- Higher-margin wealth and insurance revenue grew 31% to $4.7 million and now makes up more than 28% of group revenue, reflecting a favorable mix shift.
- AI is materially lowering costs and accelerating product development, with management saying about 90% of new code is AI-generated and then reviewed by engineers.
- Hong Kong and Singapore remain the core growth engines, while Taiwan and the Philippines saw revenue declines as the company cut lower-margin marketing spend to prioritize profitability over traffic volume.
MoneyHero Price Performance
MoneyHero stock opened at $0.88 on Friday. The firm has a 50-day moving average price of $1.30 and a 200-day moving average price of $1.31. The firm has a market capitalization of $38.57 million, a PE ratio of -2.93 and a beta of 1.18. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.01. MoneyHero has a 12-month low of $0.66 and a 12-month high of $2.40.
Wall Street Analyst Weigh In
View Our Latest Research Report on MNY
Institutional Trading of MoneyHero
A hedge fund recently bought a new stake in MoneyHero stock. Virtu Financial LLC bought a new stake in shares of MoneyHero Limited (NASDAQ:MNY – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,445 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned 0.06% of MoneyHero at the end of the most recent reporting period. 30.86% of the stock is owned by hedge funds and other institutional investors.
MoneyHero Company Profile
MoneyHero Group Ltd (NASDAQ: MNY) operates an online comparison marketplace that helps consumers research, compare and select a broad array of financial and lifestyle products. Through its digital platform, MoneyHero presents side-by-side comparisons for credit cards, personal loans, mortgages, various insurance policies, broadband and mobile plans, as well as utility services. The site features interactive tools such as personalized calculators, user reviews and curated offer alerts, designed to simplify complex product information and enhance consumer decision making.
Founded in Hong Kong in 2014, MoneyHero has expanded its presence to serve customers in Singapore and Malaysia.
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