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

MoneyHero (NASDAQ:MNY) released its 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

MNY opened at $1.19 on Wednesday. The stock has a 50-day moving average price of $1.31 and a 200-day moving average price of $1.32. The firm has a market cap of $52.16 million, a PE ratio of -5.95 and a beta of 1.18. MoneyHero has a 1 year low of $0.66 and a 1 year high of $2.40. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.02 and a quick ratio of 2.02.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in MoneyHero stock. Virtu Financial LLC purchased a new position in MoneyHero Limited (NASDAQ:MNY) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 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 quarter. Institutional investors and hedge funds own 30.86% of the company’s stock.

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.