MoneyHero Swings To Profit In Q2 2025 As AI, High-Margin Verticals Drive Turnaround

KUALA LUMPUR, Sept 22 (Bernama) — MoneyHero Limited (MoneyHero), a personal finance aggregation and comparison platform, reported a net income of US$0.2 million for the second quarter (Q2) ended June 30, 2025 reversing a net loss of US$12.2 million in the same period last year. (US$1=RM4.20)

MoneyHero Chief Executive Officer, Rohith Murthy said the company had set out to reshape its business for durable, profitable growth, and the Q2 results reflected significant progress.

“Our product engine continues to deliver momentum. Car Insurance is scaling with real-time pricing and end-to-end digital journeys in Hong Kong and Singapore, while Travel Insurance has been streamlined to a three-click purchase flow, significantly lifting completion rates,” he added in a statement.

Murthy also noted that AI integration across MoneyHero’s customer journey, from approvals to yield optimisation, is reducing acquisition costs and improving service efficiency, all while keeping headcount flat.

Revenue for the quarter fell 13 per cent year-over-year (YoY) to US$18.0 million, largely due to a planned reduction in lower-margin credit card volumes. However, the Insurance and Wealth segments rose to 27 per cent of revenue, up from 22 per cent YoY, highlighting the shift toward recurring, high-value offerings.

In addition, its cost of revenue decreased by 34 per cent YoY to US$9.1 million from US$13.8 million, reducing to 51 per cent of total revenue from 67 per cent, while total operating costs and expenses, excluding net foreign exchange differences, dropped by 37 per cent to US$20.6 million from US$32.5 million, driven by multiple factors including optimised reward costs, cost-efficient advertising and marketing campaigns.

The company’s adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss narrowed by 79 per cent year-over-year to US$2.0 million in the second quarter of 2025 from US$9.3 million in the prior year period.

MoneyHero expects to achieve adjusted EBITDA profitability in late 2025, supported by AI implementation, an improved revenue mix, and operational efficiency gains.

Meanwhile, operationally, the platform saw 5.3 million monthly Unique Users and group membership grew 33 per cent YoY to 8.6 million. MoneyHero sourced 408,000 applications with 173,000 approvals in Q2.

Looking ahead, the company plans to grow its Insurance and Wealth mix to 30 per cent of revenue by year-end and expand its Credit Hero Club with TransUnion across markets.

— BERNAMA

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