Fintech firm MoneyHero's Q2 revenue falls, posts net loss

MoneyHero

11/09/2026 11:19

Overview
Personal finance platform's Q2 revenue fell 13% yr/yr, reflecting cash rewards shift
Adjusted EBITDA loss narrowed 17% yr/yr, driven by cost discipline and technology optimization
Company reported net loss of US$1.2 mln, mainly due to FX volatility

Outlook
Company aims to broaden product mix and deepen member engagement with new digital features in H2 2026
MoneyHero remains focused on converting efficiency gains into full-year Adjusted EBITDA improvement

Result Drivers
CASH REWARDS STRATEGY - Co said shift to cash rewards in Singapore and Hong Kong reduced reported revenue but helped attract higher-intent users
COST DISCIPLINE - Operational expenses fell 12% yr/yr, driven by technology stack optimization and AI-driven automation
HIGHER-QUALITY CONVERSIONS - Approval rate rose 9 p.p. yr/yr to 48%, with increased revenue per approved application from focus on high-intent users

Company press release: ID:nGNX5TMXyz

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$15.75 mln
$21.53 mln (1 Analyst)
Q2 Loss Per Share
 
$0.03
 
Q2 Net Loss
 
$1.20 mln
 
Q2 Adjusted EBITDA
Miss
-$1.63 mln
$24,000 (1 Analyst)

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for MoneyHero Ltd is $4.10, about 388.1% above its September 10 closing price of $0.84
The stock recently traded at 70 times the next 12-month earnings vs. a P/E of 54 three months ago

Reuters Recommended Reads
Sept 9 - South Africa's Lesaka Q4 revenue rises on Enterprise segment growth
Sept 8 - Customer engagement platform Braze Q2 revenue beats estimates on customer growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)