MNY Reports Q1 2026 Earnings

MoneyHero (NASDAQ: MNY ) reported first-quarter financial results on Wednesday.

The transcript from the company's first-quarter earnings call has been provided below.

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View the webcast at Summary Full Transcript OPERATOR Ladies and gentlemen, thank you for standing by.

Welcome to MoneyHero Group first quarter 2026 earnings conference call.

At this time, all participants are on the listen-only mode.

After the speaker's presentation, there will be a question and answer session.

To ask a question during the session, you would need to press Star 11 on your telephone and you will then hear an automated message advising your hand is raised.

To withdraw your question, please press Star 11 again.

Please be advised that today's conference is being recorded.

I would like now to turn the conference over to Gretchen Quan, Corporate Communications Lead.

Please go ahead.

Gretchen Quan, Corporate Communications Lead Good morning everyone and welcome to MoneyHero 2026 first quarter earnings conference call.

I am Gretchen Quan, Corporate Communications Lead at MoneyHero.

Before we begin, I would like to remind you that today's call will include forward-looking statements which are inherently subject to risks and uncertainties and may not be realized in the future for various reasons as stated in our earnings press release which was issued earlier today and is also available on our investor relations website.

In addition, please note that today's discussion will include both IFRS and non-IFRS financial measures for comparison purposes only.

For reconciliations of these non-IFRS measures to the most directly comparable IFRS measures, please refer to our earnings release and SEC filings.

Lastly, a webcast replay and the script of this conference call will be available on our investor relations website.

Joining me on the call today is Danny Leung, Interim CEO and CFO, who will go over our strategy, business updates, operation highlights, and financial performance for the first quarter of 2026.

This will be followed by a Q and A section.

With that, let me turn the call over to Danny.

Thank you, Gretchen.

Good day, everyone, and thank you for joining us to discuss MoneyHero Group's first quarter 2026 financial results.

When we closed out 2025, we signaled that our multi-year strategic turnaround was complete.

Today, I'm very pleased to report that our first quarter 2026 results reflect continued progress towards sustainable, profitable scaling.

While we delivered encouraging revenue growth and improved operating efficiency during the quarter, we remain highly focused on executing against our broader full-year 2026 objectives while navigating a dynamic operating environment.

We delivered total revenue of $16.5 million for the quarter, up a solid 15% year over year.

More importantly, what stands out is the quality of the growth.

Our disciplined focus on optimizing unit economics has translated into meaningful operating efficiency gains and stronger monetization across our core markets and verticals.

For the next few minutes, I want to take you on a deep dive into the mechanics of this performance.

I'll walk you through our geographic markets breakdown, our vertical market product mix, highlight the structural leverage we are unlocking through our AI initiatives, and conclude with a review of our financial positions and capital allocation strategy.

Let us begin with our geographic performance.

Our strategy over the last year has been to ground our growth in the most mature, high-yielding markets while optimizing emerging markets for profitability rather than chasing low-margin volume.

This quarter, our performance was driven by our two core markets, Hong Kong and Singapore, which together accounted for over 85% of our group revenue.

Hong Kong had a particularly strong quarter.