No Data
No Data
MoneyHero To Leverage Bolttech's Insurance Exchange Technology To Power The Co's New Car Insurance Platform
Express News | MoneyHero- New Platform Live in Hong Kong, Singapore and Philippines Rollouts Planned for Singapore by Q4 2024 & Philippines by End of Q1 2025
Express News | MoneyHero Enhances Car Insurance Vertical via Strategic Partnership With Bolttech
MoneyHero (MNY.US) Q2 profit increased by 24% YoY, expected profitability to recover in Q3.
MoneyHero, the personal finance and digital insurance comparison platform in Southeast Asia market (MNY.US), announced its financial performance for the second quarter ending on June 30, 2024. The adjusted EBITDA loss widened to $9.3 million, compared to a loss of $0.6 million in the same period last year. The loss narrowed to $12.2 million, compared to a loss of $68.6 million in the second quarter of 2023. The revenue for the second quarter increased by 24% to $20.7 million, with online financial comparison platform revenue growing by 26% to $17.8 million. In terms of market segmentation, the revenue in Hong Kong for the second quarter increased by 19% to $730 thousand.
MoneyHero Shares Are Trading Lower. The Company Reported Q2 Financial Results.
MoneyHero Limited (MNY) Q2 2024 Earnings Call Transcript Summary