MoneyHero Q1 revenue rises on wealth and insurance growth

MoneyHero

24/06/2026 11:19

Overview
The personal finance platform's Q1 revenue rose 15% yr/yr, driven by Wealth and Insurance growth
Q1 net loss widened to $6.7 mln, mainly due to non-cash and currency adjustments
Adjusted EBITDA loss narrowed 68% yr/yr, reflecting revenue growth and structural cost reductions

Outlook
MoneyHero says it remains focused on executing full-year 2026 objectives
Company expects AI transformation to drive further efficiency and margin expansion

Result Drivers
WEALTH AND INSURANCE GROWTH - Revenue increase was driven by 31% yr/yr growth in higher-margin Wealth and Insurance verticals, which made up a larger share of total revenue
COST REDUCTIONS - Technology, employee benefit, and advertising and marketing expenses fell 13% yr/yr due to technology stack simplification, AI-driven automation, and streamlined headcount
MARGIN FOCUS IN TAIWAN AND PHILIPPINES - Co prioritized margin quality over volume in Taiwan and the Philippines, resulting in revenue declines but supporting improvements in Adjusted EBITDA

Company press release: ID:nGNX6JJ07H

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$16.5 mln
$16.18 mln (1 Analyst)
Q1 EPS
 
-$0.2
 
Q1 Net Income
 
-$6.7 mln
 
Q1 Adjusted EBITDA
Beat
-$1.1 mln
-$2.13 mln (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 244.5% above its June 23 closing price of $1.19

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.)