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

MoneyHero (NASDAQ:MNY) released its quarterly earnings results on Wednesday. The company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.05), Zacks reports. MoneyHero had a negative net margin of 7.05% and a negative return on equity of 12.51%.

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

Shares of NASDAQ MNY opened at $1.19 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.02 and a current ratio of 2.02. The firm’s 50-day simple moving average is $1.31 and its 200 day simple moving average is $1.32. MoneyHero has a fifty-two week low of $0.66 and a fifty-two week high of $2.40. The stock has a market cap of $52.16 million, a price-to-earnings ratio of -5.95 and a beta of 1.18.

Hedge Funds Weigh In On MoneyHero

A hedge fund recently bought a new position in MoneyHero stock. Virtu Financial LLC bought a new stake in shares of MoneyHero Limited (NASDAQ:MNY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 26,445 shares of the company’s stock, valued at approximately $38,000. Virtu Financial LLC owned about 0.06% of MoneyHero at the end of the most recent reporting period. Institutional investors and hedge funds own 30.86% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on MNY. Weiss Ratings raised MoneyHero from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, May 26th. Zacks Research raised MoneyHero from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, MoneyHero has a consensus rating of “Hold” and an average price target of $4.00.

About MoneyHero

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.