NASDAQ$MNY
Moneyhero Ltd-A · Q3 2026 earnings
Q3 2026 earnings · · Before market open · Investor relations
Briefing
MoneyHero CEO letter highlights Q3 revenue growth to $21.1M and narrowing Adjusted EBITDA loss as strategic reset gains traction
MoneyHero Limited filed a strategic shareholder update in lieu of a traditional earnings press release, with CEO Rohith Murthy outlining the company's path toward sustained Adjusted EBITDA profitability in 2026. The letter embeds IFRS results for Q3 2025 ended September 30: net revenue of $21.1 million, up from $18.0 million in Q2 and $14.3 million in Q1, though net loss widened to $3.5 million from a $0.2 million profit in Q2 due to non-cash fair-value and FX items. Adjusted EBITDA loss narrowed sequentially to $1.8 million from $2.0 million in Q2 and $3.3 million in Q1, while the cost-to-income ratio improved to 55% from 83% in Q1. Management emphasized margin discipline over headline revenue growth, citing insurance, wealth, and lending mix shift, Project Odyssey AI automation (70–80% of service queries automated since Q3 launch), and geographic diversification across Singapore, Hong Kong, Taiwan, and the Philippines.
- Q3 2025 net revenue was $21.1M versus $20.9M in Q3 2024; nine-month revenue totaled $53.5M versus $63.8M a year earlier as the company prioritized margin quality over volume.
- Net loss was $3.5M in Q3 versus a $5.7M profit in Q3 2024; Adjusted EBITDA loss narrowed to $1.8M from $5.5M in the prior-year quarter.
- Sequential momentum improved through 2025: revenue rose each quarter (Q1 $14.3M, Q2 $18.0M, Q3 $21.1M) and Adjusted EBITDA loss shrank from $3.3M in Q1 to $1.8M in Q3.
- Cost-to-income ratio fell to 55% in Q3 from 64% in Q2 and 83% in Q1; management targets sustained Adjusted EBITDA profitability in 2026 with high-margin verticals above 25% of revenue.
- Platform reached ~5.1M monthly unique users and 260+ commercial partners as of September 30, 2025, with Project Odyssey automating most customer-service queries.
Headline financials
Revenue & EPS history
Moneyhero · Revenue · Quarterly
$21.1M
Forward guidance
Management targets sustained Adjusted EBITDA profitability in 2026, raising high-margin insurance, wealth, and lending to over 25% of revenue, scaling Project Odyssey AI automation across all markets, and maintaining strict capital allocation discipline while evaluating tuck-in M&A.
Tailwinds
- Insurance, wealth, and lending positioned as higher-margin recurring revenue engines.
- Project Odyssey AI automation expected to expand operating leverage without proportional headcount growth.
- Singapore and Hong Kong remain profit engines; Philippines normalization and Taiwan stabilization support multi-market profitability.
Headwinds
- Share price remains deeply undervalued relative to fintech peers, per management, creating investor-confidence risk.
- Reported net revenue can understate underlying demand because customer incentives are netted against revenue under IFRS.
- Company still reporting net losses on an IFRS basis despite narrowing Adjusted EBITDA losses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q3 2026
-1.9%
Avg return
Earnings day
-4.9%
Avg return
5 days after
-7.1%
Avg return
30 days after
22%
4 / 18 earnings
Positive
+6.6%
Q4 2024
Best reaction
-17.9%
Q3 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2024 | — | — | — | |
| Q1 2026 | +0.0% | -13.1% | — | |
| Q4 2026 | +0.0% | +8.4% | +1.5% | |
| Q3 2026 | -17.9% | -20.0% | -21.9% | |
| Q2 2025 | -17.4% | -32.4% | -49.1% | |
| Q1 2025 | -2.5% | +0.0% | +30.9% | |
| Q4 2024 | +6.6% | +0.6% | -6.1% | |
| Q3 2023 | -0.3% | -20.3% | -57.3% | |
| Q2 2023 | +0.0% | +0.0% | +0.7% | |
| Q1 2023 | +0.0% | -0.1% | -0.4% | |
| Q4 2022 | +0.0% | +0.2% | +0.9% | |
| Q3 2022 | +0.0% | +0.1% | -1.6% | |
| Q2 2022 | +0.0% | +0.0% | +0.4% | |
| Q1 2022 | +0.0% | +0.2% | +0.3% | |
| Q4 2021 | +0.1% | +0.2% | +0.0% | |
| Q3 2021 | -0.3% | -0.2% | +2.3% | |
| Q2 2021 | -0.1% | +0.3% | -3.6% | |
| Q1 2021 | +1.7% | +0.9% | -2.1% | |
| Q4 2020 | -3.6% | -13.1% | -15.0% |
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