Quarterly ResultJun 24, 2026, 06:06 AM
MoneyHero Q1 Revenue $16.5M (+15%); Adj. EBITDA Loss Narrows 68% to $(1.1)M
AI Summary
MoneyHero Ltd reported strong first-quarter 2026 financial results, with revenue increasing 15% year-over-year to US$16.5 million, driven by a 31% growth in higher-margin Wealth and Insurance segments. The company significantly narrowed its Adjusted EBITDA loss by 68% year-over-year to US$(1.1) million, attributed to structural cost discipline and AI-driven operational efficiencies. While net loss widened to US$(6.7) million due to non-cash and currency adjustments, the company highlighted continued progress toward sustainable profitability and robust operational performance, including a 24% increase in MoneyHero Group Members.
Key Highlights
- Revenue increased 15% year-over-year to US$16.5 million.
- Adjusted EBITDA loss narrowed 68% year-over-year to US$(1.1) million.
- Net loss widened to US$(6.7) million, primarily due to non-cash and currency adjustments.
- Higher-margin Wealth and Insurance revenue grew 31% year-over-year to US$4.7 million.
- Hong Kong revenue surged 33% year-over-year to US$8.5 million.
- Combined technology, employee benefits, and marketing costs decreased 13% to US$8.5 million.
- MoneyHero Group Members grew 24% year-over-year to 9.8 million.
- Approval rate expanded from 36% to 48%.
Price Impact
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