MoneyHero Q4 EPS $(2.80) Down From $(2.20) YoY, Sales $26.40M Up From $17.24M YoY
Portfolio Pulse from saritha@benzinga.com
MoneyHero (NASDAQ:MNY) reported a Q4 EPS loss of $(2.80), a 27.27% decrease from last year's $(2.20) loss per share. Sales rose to $26.40M, a 53.14% increase from $17.24M in the same period last year.
April 29, 2024 | 11:02 am
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MoneyHero reported a larger Q4 EPS loss of $(2.80) compared to last year's $(2.20), but sales increased significantly to $26.40M from $17.24M YoY.
The increased loss per share may concern investors, signaling potential issues in profitability. However, the significant rise in sales indicates strong revenue growth, which could offset concerns about the increased losses in the short term. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100