MoneyHero Reports First Quarter 2024 Earnings

[email protected] (Simply Wall St)
1 min read

In This Article:

MoneyHero (NASDAQ:MNY) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$22.2k (up 24% from 1Q 2023).

  • Net loss: US$13.1k (loss widened by 418% from 1Q 2023).

  • US$0.30 loss per share.

earnings-and-revenue-growth
earnings-and-revenue-growth

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 21% p.a. on average during the next 3 years, compared to a 10% 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 down 13% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for MoneyHero (1 can't be ignored!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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