Education
About Us
Working with TipRanks
Follow Us
MoneyHero Limited (MNY)
NASDAQ:MNY
Top Page
MoneyHero Limited
(NASDAQ:MNY)
56Neutral
MoneyHero Limited (MNY) vs. S&P 500 (SPY)
Market Cap
$27.45M
Dividend YieldN/A
Average Volume (3M)50.05K
Price to Earnings (P/E)―
Beta (1Y)1.39
Revenue Growth345.36%
EPS Growth-650.95%
CountryUS
Employees366
SectorCommunication Services
Sector Strength73
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-2.94
Shares Outstanding27,705,950
10 Day Avg. Volume43,465
30 Day Avg. Volume50,048
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.71
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
MoneyHero Limited Business Overview & Revenue Model
Company DescriptionMoneyHero Limited operates as a personal finance company. The company was founded in 2014 and is headquartered in Singapore.
How the Company Makes MoneyMoneyHero Limited generates revenue primarily through subscription fees for its premium services and products. Users can access basic features for free, but advanced tools such as detailed financial analytics, personalized financial coaching, and premium credit monitoring require a subscription. Additionally, the company earns money through partnerships with financial institutions and banks, earning commissions or referral fees for directing customers to their financial products, such as credit cards or loans. Advertising revenue from targeted financial product promotions within their app and website also contributes to the company's earnings.
MoneyHero Limited Financial Statement Overview
Summary
MoneyHero Limited demonstrates promising revenue growth and maintains a strong equity position. However, significant profitability challenges, such as negative EBIT and net profit margins, and reliance on financing for cash flow are concerns. Improvement in operational cash flow and addressing operating losses are crucial for future stability.Income Statement
Revenue has grown steadily over the years, showing a 18.4% increase from 2022 to 2023. However, the company is facing profitability challenges, with a negative EBIT margin of -37.2% and a net profit margin of -213.9% for 2023. The gross profit margin remains relatively healthy at 45.5%, indicating some efficiency in operations. Despite revenue growth, the company needs to address high operating losses to improve financial health.55
Neutral
Balance Sheet
The company maintains a low debt-to-equity ratio of 0.01, indicating minimal leverage. The equity ratio is strong at 68.7%, reflecting a solid equity base. However, there is a significant decrease in stockholders' equity from 2021 to 2023, which could pose future risks. The improvement in cash and short-term investments from 2022 to 2023 is a positive sign for liquidity.60
Neutral
Cash Flow
Operating cash flow remains negative, highlighting challenges in generating cash from operations. The free cash flow has slightly improved but is still negative. The company has shown improvement in managing capital expenditures. However, the reliance on financing cash flows indicates a need for operational cash flow improvement.50
Neutral
| Breakdown | ||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 52.47M | 80.67M | 68.13M | 61.88M | 0.00 | Gross Profit |
| 26.91M | 36.74M | 34.25M | 32.00M | 0.00 | EBIT |
| -19.93M | -30.03M | -40.97M | -29.23M | -238.20K | EBITDA |
| -18.51M | -87.44M | -37.11M | -25.37M | -238.20K | Net Income Common Stockholders |
| -22.36M | -172.60M | -49.44M | -30.93M | -90.42M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 156.13K | 68.64M | 24.08M | 156.13K | 1.50M | Total Assets |
| 596.16M | 115.05M | 64.25M | 596.16M | 597.06M | Total Debt |
| 800.00K | 606.06K | 9.53M | 800.00K | 300.00K | Net Debt |
| 643.87K | -68.03M | -14.55M | 643.87K | -1.20M | Total Liabilities |
| 45.32M | 35.96M | 48.43M | 45.32M | 135.26M | Stockholders Equity |
| 550.84M | 79.08M | 15.82M | 550.84M | 461.80M |
| Cash Flow | Free Cash Flow | |||
| -2.09M | -19.26M | -19.60M | -19.83M | -32.55K | Operating Cash Flow |
| -2.09M | -17.04M | -14.61M | -14.39M | -32.55K | Investing Cash Flow |
| 448.14M | -1.34M | -4.98M | -5.48M | -594.99M | Financing Cash Flow |
| -446.38M | 63.06M | 34.79M | 11.58M | 596.53M |
MoneyHero Limited Technical Analysis
Negative
0.61
Price Trends
0.89
Negative
1.01
Negative
1.18
Negative
Market Momentum
-0.04
Negative
37.99
Neutral
42.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MNY, the sentiment is Negative. The current price of 0.61 is below the 20-day moving average (MA) of 0.76, below the 50-day MA of 0.89, and below the 200-day MA of 1.18, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 37.99 is Neutral, neither overbought nor oversold. The STOCH value of 42.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MNY.
MoneyHero Limited Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $693.38M | 15.10 | 9.60% | ― | 4.35% | -58.76% | |
63 Neutral | $41.83B | 76.97 | -47.82% | ― | 14.49% | 21.85% | |
60 Neutral | $615.57M | ― | -35.80% | ― | 33.86% | 66.85% | |
58 Neutral | $25.04B | 3.23 | -10.53% | 4.39% | 2.30% | -43.13% | |
56 Neutral | $27.45M | ― | -218.25% | ― | 345.36% | -650.95% | |
54 Neutral | $173.67M | ― | 1.10% | ― | 17.56% | 48.73% | |
54 Neutral | $29.31B | 78.37 | 4.43% | ― | 30.23% | ― |
* Communication Services Sector Average
Performance Comparison
MNY
MoneyHero Limited
0.61
-1.43
-70.10%
EHTH
Ehealth
5.91
0.71
13.65%
FICO
Fair Isaac
1,677.11
495.88
41.98%
TREE
Lendingtree
41.73
2.99
7.72%
CARS
Cars
10.80
-6.02
-35.79%
RKT
Rocket Companies
13.19
1.55
13.32%
MoneyHero Limited Earnings Call Summary
Earnings Call Date: Dec 10, 2024 | % Change Since: -49.17% | Next Earnings Date: Apr 29, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted significant improvements in operational efficiency and strategic growth in high-margin products, leading to improved adjusted EBITDA and revenue growth. However, challenges in provider partnerships and market-specific issues such as in Singapore and Taiwan tempered these achievements.Highlights
Improvement in Adjusted EBITDA
Adjusted EBITDA improved by over 40% quarter-on-quarter from a loss of $9.3 million in Q2 to a loss of $5.5 million in Q3.
Revenue Growth
6% year-over-year revenue growth to USD 20.9 million, with significant growth in the Philippines (up 49%) and Hong Kong (up 18%).
Growth in High-Margin Products
Revenue from personal loans and wealth and investment-related products grew by 34% Y-o-Y and nearly 5x Y-o-Y, respectively.
Insurance Vertical Expansion
Insurance revenue increased 36% Y-o-Y, contributing 9% to the group's overall revenue. Launched a car insurance vertical with innovative pricing capabilities.
Centralized Customer Data Platform
Centralized all customer data into a single platform, unlocking opportunities for cross-sell strategies and more efficient marketing campaigns.
Lowlights
Challenges in Singapore
Fluctuations in provider campaigns in Singapore presented challenges, with revenue decreasing by 13% year-over-year.
Provider Exit Impact
Exit of a major provider from key markets like Taiwan and the Philippines impacted revenue per application.
B2B Business Revenue Stagnation
B2B business, Creatory, remained flat year-over-year at USD 3.5 million, representing 17% of group revenue.
Company Guidance
During the MoneyHero Group's Q3 2024 earnings call, comprehensive guidance was provided, emphasizing strategic advancements and financial metrics. The company reported a significant 6% year-over-year increase in revenue, reaching USD 20.9 million. Adjusted EBITDA improved markedly, reducing losses from USD 9.3 million in Q2 to USD 5.5 million in Q3, underscoring successful cost optimization and operational restructuring efforts. Personal loans, wealth, and investment revenues grew by 34% and nearly 5x year-over-year, respectively, while insurance revenue increased by 36% year-over-year, now comprising 9% of the group's revenue. The Singapore market faced a 13% decline in revenue due to provider campaign fluctuations, but diversification strategies helped mitigate impacts. Looking ahead to Q4, MoneyHero Group anticipates continued improvement in adjusted EBITDA and margin recovery, bolstered by a strategic focus on high-margin products and disciplined cost management.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.