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Financial statements

MoneyHero Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data MoneyHero Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2023FY2023FY2024
Revenue61.968.180.779.5
Cost of revenue29.933.943.946.2
Gross profit3234.336.733.3
Operating income-29.2-41-30-40.2
Interest expense1.77.8190.03
Pre-tax income-31-49.7-173-37.7
Income tax-0.04-0.250.060.11
Net income30.949.417337.8
EPS, basic-143.21-102.43-17.92-0.94
EPS, diluted-143.21-102.43-17.92-0.94

Balance sheet

FY2021FY2023FY2023FY2024
Cash and equivalents9.1924.168.642.5
Receivables9.6817.213.5
Total current assets48.610778.3
Property, plant and equipment0.290.190.21
Lease right-of-use assets0.460.780.590.74
Goodwill4.34
Accounts payable16.733.230.2
Total current liabilities3935.732.1
Lease liabilities0.290.030.29
Total debt0.010.01
Total equity8.115.879.148.2

Cash flow statement

FY2021FY2023FY2023FY2024
Net income-30.9-49.4-173-37.8
Cash from operations-14.4-14.6-17-24.9
Capital expenditures-0.28-0.25-0.12-0.34
Cash from investing-5.48-4.98-1.34-0.26
Debt issued22.45
Debt repaid-32.7
Stock issued91.5
Cash from financing11.634.863.1-0.72
Exchange rate effect-0.14-0.32-0.11-0.25
Net change in cash1.161.070.820.76
Free cash flow-14.7-14.9-17.2-25.2
Interest paid0.050.040.050.02
Income taxes paid0.02-0.05

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $0.67 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin41.9%Gross profit / revenue.
Operating margin-50.5%Operating income / revenue.
Pre-tax margin-47.4%Pre-tax income / revenue.
Net margin47.5%Net income / revenue.
FCF margin-31.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-31.3%Cash from operations / revenue.
Capex / revenue0.4%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-1.4%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y8.7%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-9.3%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y1.4%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y-78.1%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y6.9%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.44xCurrent assets / current liabilities.
Quick ratio1.74x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.32x(Cash + short-term investments) / current liabilities.
Net debt-$42.5MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-1,578xOperating income / interest expense.
Working capital$46.1MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Fixed asset turnover393xRevenue / average property, plant and equipment.
Receivables turnover5.17xRevenue / average receivables.
Days sales outstanding71 days365 x average receivables / revenue.
Days payables251 days365 x average accounts payable / cost of revenue.
FCF conversion-66.8%Free cash flow / net income, when net income is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.94Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.94Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$29.9MShare price x shares outstanding.
Enterprise value-$12.6MMarket cap + total debt - cash - short-term investments.
P/E0.79xMarket cap / net income. Only when net income is positive.
P/S0.38xMarket cap / revenue.
FCF yield-84.3%Free cash flow / market cap.
Earnings yield126.3%Net income / market cap (the inverse of P/E).
What was MoneyHero Ltd's revenue in fiscal 2024?

MoneyHero Ltd reported revenue of $79.5M for fiscal 2024, 1.4% lower than the year before.

Was MoneyHero Ltd profitable in fiscal 2024?

Yes. Net income was $37.8M, a net margin of 47.5%.

How much free cash flow did MoneyHero Ltd generate in fiscal 2024?

Cash from operations of $24.9M minus capital expenditures of $337.5K left free cash flow of -$25.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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