MoneyHero reports Q1 2024 earnings

MoneyHero (NASDAQ:MNY) Q1 2024 Results

Key financial results

• Revenue: PLN 22.2 thousand USD (up 24% compared to Q1 2023).
• Net loss: PLN 13.1 thousand USD (loss increased by 418% compared to the first quarter of 2023).
• Loss per share: $0.30.

All data shown in the chart above is for a 12-month period (TTM).

MoneyHero earnings statistics

Revenues are forecast to grow at an average of 21% annually over the next three years, while the U.S. media and interactive services industry is forecast to grow at 10%.

Efficiency American interactive media and services industry.

The company’s shares fell 13% from the previous week.

Risk assessment

What about the risks? Every company has them and we have noticed 4 warning signs for MoneyHero (1 of which cannot be ignored!) you should know about.

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