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

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

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

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