MoneyLion Expects FY23 Revenues Between $420M-$425M Vs. $429.17M Estimate; Projects FY23 Adjusted EBITDA Of $39M-$45M; Sees Gross Profit Margin Of 58%-59%
Portfolio Pulse from Benzinga Newsdesk
MoneyLion has projected its FY23 revenues to be between $420M-$425M, which is lower than the estimated $429.17M. The company also expects its FY23 adjusted EBITDA to be between $39M-$45M and sees a gross profit margin of 58%-59%.
November 07, 2023 | 12:43 pm
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MoneyLion's projected FY23 revenues are lower than estimated, which could negatively impact investor sentiment and the company's stock price.
MoneyLion's projected revenues for FY23 are lower than the estimated $429.17M, which could lead to negative investor sentiment and a potential decrease in the company's stock price. The company's expected adjusted EBITDA and gross profit margin could also influence investor decisions.
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