Nasdaq-listed MoneyHero Group has reported its first quarterly profit since listing, as the Southeast Asian fintech cut costs and shifted towards higher-margin products.
The Singapore-based company posted a net profit of $5 million in the fourth quarter of 2025, compared with a loss of $18.8 million a year earlier, according to its latest earnings release. Adjusted EBITDA also turned positive at $7 million, marking its first gain on that measure.
Revenue rose 27% year-on-year to $20 million in the quarter, driven by strong growth in its core markets of Singapore and Hong Kong, which together accounted for 86% of total revenue.
The improvement came as MoneyHero reduced operating costs by 15% to $21.4 million, reflecting what it described as “structural” efficiencies from lower technology spending, streamlined operations, and reduced headcount.
The improved financial performance could support ongoing merger discussions with Singapore-based insurtech unicorn bolttech, which DealStreetAsia reported in February. The talks were at an advanced stage, although details around post-merger plans as well as the corporate and listing structures had yet to be finalised.
“The fourth quarter marks our first profitable quarter as a listed company,” interim CEO and CFO Danny Leung said, adding that the results reflect “clear, sequential execution towards achieving a better revenue mix, cost base, and technology platform.”
The company has been shifting its focus towards higher-margin verticals such as insurance and wealth products, which made up about 30% of fourth-quarter revenue, up from a year earlier. Wealth revenue alone grew 50% in the period.
For the full year, revenue fell 8% to $73.4 million, though net losses narrowed sharply to $5.2 million from $37.8 million. Adjusted EBITDA loss also improved to $6.4 million.
MoneyHero said it expects further margin expansion as it continues to scale higher-margin products and deploy artificial intelligence across its operations. Its AI tools now handle up to 70% of customer service queries, with nearly half resolved without human intervention in December.
The company ended the year with $31.2 million in cash and no debt, positioning it to invest in product development and technology while maintaining cost discipline. Its net current assets are at $37.5 million in the period.
