MoneyHero Limited ( (MNY) ) just unveiled an update.
On April 29, 2025, MoneyHero Limited announced its financial results for the fourth quarter and full year of 2024. The company reported a significant narrowing of its net loss to $18.8 million in Q4 2024, compared to $94.3 million in the same period the previous year. This improvement is attributed to a strategic shift towards high-margin products, such as insurance and wealth products, which saw revenue increases of 40% and 138% respectively. Despite a 40% decrease in overall revenue for Q4 2024, MoneyHero’s focus on operational efficiency and cost reduction has positioned it well for future profitability. The company aims to generate positive adjusted EBITDA by the second half of 2025, leveraging its strong market position and strategic partnerships.
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
MoneyHero Limited is a prominent personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider, operating primarily in Greater Southeast Asia.
YTD Price Performance: -28.45%
Average Trading Volume: 60,910
Technical Sentiment Signal: Buy
Current Market Cap: $32.26M
Find detailed analytics on MNY stock on TipRanks’ Stock Analysis page.