MoneyHero (NASDAQ:MNY) Releases Earnings Results, Misses Estimates By $0.05 EPS

MoneyHero (NASDAQ:MNYGet Free Report) issued 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. MoneyHero had a negative return on equity of 15.69% and a negative net margin of 12.53%.The firm had revenue of $16.52 million during the quarter, compared to analysts’ expectations of $16.18 million.

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 Stock Performance

MNY opened at $0.88 on Friday. 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. The firm has a 50 day moving average of $1.30 and a two-hundred day moving average 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.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in MoneyHero stock. Virtu Financial LLC acquired a new stake in shares of MoneyHero Limited (NASDAQ:MNYFree Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 26,445 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.06% of MoneyHero as of its most recent filing with the SEC. 30.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MNY has been the topic of several research analyst reports. Zacks Research raised shares of MoneyHero from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 10th. Weiss Ratings upgraded shares of MoneyHero from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, MoneyHero has a consensus rating of “Hold” and an average target price of $4.00.

Check Out Our Latest Research Report on MoneyHero

MoneyHero Company Profile

(Get Free Report)

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.

Read More

Earnings History for MoneyHero (NASDAQ:MNY)

Receive News & Ratings for MoneyHero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MoneyHero and related companies with MarketBeat.com's FREE daily email newsletter.