Moneyhero Class A Ordinary Shares Stock Earnings Reports

MoneyHero reported Q1 2026 revenue of $16.5 million, up 15% year-over-year, driven primarily by Hong Kong and Singapore, which together accounted for over 85% of group revenue. High-margin verticals (wealth and insurance) grew 31% to $4.7 million and now represent >28% of revenue; wealth revenue rose 53% to $2.5 million. The company intentionally reduced low‑ROI marketing in Taiwan and the Philippines to prioritize margin quality, causing traffic and revenue declines in those markets but improving gross profit. AI investments are materially lowering technology and operations costs (technology, employee benefits, and marketing costs fell 13% to $8.5 million), enabling faster product development and higher automation of customer service. Adjusted EBITDA loss narrowed 68% to $1.1 million, signaling a clear near-term path to sustainable profitability, while statutory net loss widened to $6.7 million due to non-cash items (including a $1.1M warrant fair-value adjustment, $2.4M unrealized FX loss) and $1.6M of non‑recurring legal/professional fees. Balance sheet strength: debt-free with $28 million in cash and $32.8 million in net current assets as of March 31. Management remains focused on scaling profitably, advancing AI across the business, selectively funding organic initiatives (particularly insurance and wealth), and continuing a CEO search; the board is open to disciplined M&A but prioritizes high-return internal investments.