Singapore's MoneyHero posts first quarterly profit as revenue rises 27%

MoneyHero

30/04/2026 12:58

Corrects period to Q4, from Q1, in Key Details table

Overview

Singapore personal finance platform posted first-ever quarterly net profit and positive adjusted EBITDA in Q4

Q4 revenue rose 27% yr/yr, driven by core market and higher-margin product growth

Company reduced Q4 operating costs and expenses by 15% yr/yr to US$21.4 mln

Outlook

MoneyHero expects full-year 2026 Adjusted EBITDA to exceed 2025 levels

Company says expansion of Insurance and Wealth products will drive margin growth in 2026

MoneyHero plans continued investment in AI and product innovation while maintaining strict cost discipline

Result Drivers

HIGHER-MARGIN PRODUCTS - Q4 revenue mix shifted further toward Insurance and Wealth products, which grew 31% yr/yr to account for 30% of total revenue

COST REDUCTIONS - Operating costs and expenses fell 15% yr/yr in Q4, with technology costs down 71% due to platform consolidation and AI automation

AI-DRIVEN EFFICIENCY - Company said AI automation contributed to cost savings and improved customer service, with 47% of December customer queries resolved without human intervention

Company press release: ID:nGNX32klZp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$20 mln
$16.32 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for MoneyHero Ltd is $4.10, about 213% above its April 29 closing price of $1.31

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.)