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MoneyHero rebounds with $5.7m net income
MoneyHero Limited announced its Q3 2024 financial results, revealing a net income of US$5.7 million.
This marks a significant improvement from a net loss of US$7.2 million in the same period last year, primarily due to an unrealized foreign exchange gain of US$10 million.
The company reported a 6% year-over-year revenue increase, totaling US$20.9 million.
Hong Kong led with an 18% revenue growth driven by banking sector expansions.
Recent MoneyHero developments
| Timeline |
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24-Sep-2024 💰 Behind MoneyHero’s aggressive plan to beat – then buy – its rival
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12-Sep-2024 💰 MoneyHero’s $8m gambit: bold move or blunder?
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14-May-2024 💰 MoneyHero onboards ex-Alibaba exec for CFO role
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25-Jan-2024 📈 MoneyHero’s revenue jumps 50% in Q4 2023
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07-Dec-2023 📈 MoneyHero posts 17% revenue growth in Q3, fueled by insurance segment
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