MoneyHero Limited (NASDAQ: MNY) Q1 2025 Earnings Call | 06/13/2025

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MoneyHero Limited reported Q1 2025 results on June 13, 2025, marking a pivotal quarter of operational and financial transformation despite a challenging revenue environment. Total revenue for the quarter declined 35% year-over-year to $14.3 million, reflecting a strategic pivot away from low-margin credit card products and the high base effect from last year’s marketing push. However, the company’s revenue mix improved significantly, with high-margin insurance and wealth products now accounting for 25% of total revenue—up 11 percentage points year-over-year. The company sharply reduced its net loss to $(2.4) million, from $(13.1) million a year ago, and improved its adjusted EBITDA loss by 49% to $(3.3) million. Cost of revenue fell 55% year-over-year and now represents just 44% of total revenue, a 20-point improvement, driven by rewards cost optimization and a disciplined focus on margin expansion. Total operating expenses dropped 26% year-over-year, thanks to targeted, cost-efficient marketing, technology streamlining, and a comprehensive HR cost restructuring. Operational efficiency gains were further supported by the integration of AI across the business, enhancing productivity and user experience while keeping expenses flat. MoneyHero’s registered member base grew 38% year-over-year to 8.1 million, and monthly unique users for Q1 2025 reached 5.7 million. The company sourced 399,000 applications and had 155,000 approved applications in the quarter. MoneyHero maintained a strong cash position of $36.6 million with no debt, providing a solid foundation for growth. The company secured new strategic partnerships with BPI and RCBC in the Philippines, restoring and expanding its product pipeline after a major partner exit last year. Management expects these partnerships, along with the upcoming launch of Credit Hero Club in collaboration with TransUnion, to drive a meaningful rebound in performance in the second half of 2025. Outlook: MoneyHero expects adjusted EBITDA to continue improving throughout 2025, with a clear path to positive adjusted EBITDA in the latter part of the year. The company will focus on consolidating operational gains in H1 and accelerating topline growth in H2 by scaling high-margin insurance and wealth verticals and activating new banking partnerships. Strategic investment in customer acquisition, technology, and data infrastructure will underpin future growth, while ongoing cost discipline and margin expansion remain top priorities. #MoneyHero #MNY #EarningsCall #Q12025 #Fintech #Insurance #Wealth #OperationalEfficiency #AI #Profitability #Investing #InsideTicker