MoneyLion Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 09:12 am EST
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MoneyLion Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 110.26 million compared to USD 88.75 million a year ago. Net loss was USD 4.11 million compared to USD 21.02 million a year ago. Basic loss per share from continuing operations was USD 0.4 compared to USD 2.78 a year ago.
For the nine months, revenue was USD 310.47 million compared to USD 245.8 million a year ago. Net loss was USD 41.05 million compared to USD 54.06 million a year ago. Basic loss per share from continuing operations was USD 4.3 compared to USD 7.45 a year ago.
MoneyLion Inc. is a financial technology company. The Company designs and offers modern personal finance products, tools and features and curates money-related content that delivers actionable insights and guidance to its users. Through its Consumer platform, accessible through the free-to-download MoneyLion mobile application and online at www.moneylion.com, it offers its integrated core suite of financial products and services to make banking, borrowing and investing accessible to everyone. Its financial products and services include RoarMoney, Instacash, Membership Programs, MoneyLion Investing, MoneyLion Crypto and Round Ups. Its marketplace solutions provide valuable distribution, acquisition, growth and monetization channels for its partners. MoneyLion Investing is an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund (ETF) portfolios. MoneyLion Crypto is an online cryptocurrency account.
MONEYLION INC. 
