Q2 2025 MoneyHero Ltd Earnings Call Transcript
Key Points
- MoneyHero Ltd (MNY) reported a sequential revenue growth of over 20% from Q1 to Q2, indicating strong momentum.
- The company is on track to achieve positive adjusted EBITDA in the second half of 2025, driven by strategic initiatives.
- Insurance and wealth segments contributed 27% of total revenue, up from 22% in the same period last year, reflecting a successful shift towards higher-margin verticals.
- Cost of revenue decreased significantly to 51% from 67% year-over-year, showcasing improved unit economics and cost discipline.
- AI integration in operations has led to measurable outcomes, such as lower customer acquisition costs and improved approval quality.
- Q2 revenue of $18 million was down 13% year-over-year, reflecting a strategic decision to prioritize higher-margin verticals over lower-margin credit card volumes.
- Adjusted EBITDA loss was $1.95 million, indicating that the company is still operating at a loss despite improvements.
- Operating expenses, although reduced, still amounted to $20.6 million, highlighting the need for continued cost management.
- The company faces challenges in maintaining revenue levels while shifting focus to higher-margin products, as evidenced by the year-over-year revenue decline.
- Despite improvements, the company is still reliant on achieving future milestones, such as scaling insurance and wealth contributions to 28-30% of revenue, to reach profitability.
Hello, everyone. Thank you for joining us, and welcome to MoneyHero's 2025 second-quarter earnings conference call. Joining me on this call today are Rohith Murthy, CEO; and Danny Leung, CFO. Our earnings release was issued earlier today and is now available on our IR website as well as via Global Newswire service.
Before we begin, I would like to remind you that today's call will include forward-looking statements made under the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. Please refer to the safe harbor statement in our earnings press release, which applies to this call. In addition, please note that today's discussion will include both IFRS and non-IFRS financial measures for comparison purpose only.
For reconciliation of the non-IFRS measures to the most directly comparable IFRS measures, please refer to our earnings release and SEC filings. All material referenced will be in USdollars, unless otherwise stated. Lastly, a replay of this conference call will be available on our IR website.
I will now turn the call over to Rohith, our CEO
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
