Welcome to our dedicated page for MoneyHero news (Ticker: $MNY), a resource for investors and traders seeking the latest updates and insights on MoneyHero stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MoneyHero's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MoneyHero's position in the market.
MoneyHero Group reported fourth-quarter revenue of US$26.4 million, up 53% year-over-year, and full-year revenue of US$80.7 million, up 18% year-over-year. The company reaffirmed its market leadership in Singapore and Hong Kong, expanding its insurance offerings and increasing direct purchases. Revenue in the Philippines surged by 64% year-over-year, and Creatory, the B2B2C platform, contributed 17% of group revenue. Adjusted EBITDA loss decreased to US$(6.8) million from $(15.6) million in 2022. The company ended 2023 with a debt-free balance sheet and US$68.6 million in cash, aiming to enhance operational efficiency and shareholder value in 2024.
