MoneyHero Limited Delays Yearly Report Filing

MoneyHero Limited ( (MNY) ) has released a notification of late filing.

MoneyHero Limited has announced a delay in filing its Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The company cites time constraints related to the compilation and review of necessary financial information as the primary reason for the delay, which could not be resolved without unreasonable effort or expense. MoneyHero Limited plans to file the report by the extended deadline allowed under Rule 12b-25. The company does not anticipate any significant changes in its financial results compared to the previous fiscal year. The notification includes forward-looking statements, emphasizing potential risks and uncertainties. The company’s CEO, Rohith Murthy, has signed the notification, indicating ongoing compliance efforts.

Spark’s Take on MNY Stock

According to Spark, TipRanks’ AI Analyst, MNY is a Neutral.

MoneyHero Limited’s overall score reflects solid revenue growth and strategic improvements in high-margin areas. However, profitability challenges, negative technical indicators, and valuation concerns weigh on the stock. Addressing these challenges and enhancing cash flow are key to improving stability and investor confidence.

To see Spark’s full report on MNY stock, click here.

More about MoneyHero Limited

YTD Price Performance: -28.45%

Average Trading Volume: 60,910

Technical Sentiment Signal: Buy

Current Market Cap: $32.26M

For a thorough assessment of MNY stock, go to TipRanks’ Stock Analysis page.