MoneyHero Third Quarter 2024 Earnings: EPS: US$0.10 (vs US$1.50 loss in 3Q 2023)

MoneyHero (NASDAQ:MNY) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$20.9m (up 3.4% from 3Q 2023).
• Net income: US$5.72m (up from US$7.20m loss in 3Q 2023).
• Profit margin: 27% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses.
• EPS: US$0.10 (up from US$1.50 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MoneyHero Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are up 5.9% from a week ago.

Risk Analysis

Be aware that MoneyHero is showing 2 warning signs in our investment analysis that you should know about...

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