The company's financial position appears increasingly vulnerable, with total assets declining from $115.0 million in 2023Q4 to $76.6 million by 2025Q4 alongside a significant retained earnings deficit of $376.2 million as of 2024Q4.
| Total Current Assets | 74.31M | 77.17M | 106.95M | 48.64M | 712.79K | 1.94M |
| Cash & Short-Term Investments | 31.37M | 42.71M | 68.64M | 24.08M | 156.13K | 1.5M |
| Cash Only | 12.25M | 42.52M | 68.64M | 24.08M | 156.13K | 1.5M |
| Short-Term Investments | 19.12M | 185K | 0 | 0 | 0 | 0 |
| Accounts Receivable | 36.69M | 25.43M | 33.26M | 24.37M | 23.99M | 0 |
| Days Sales Outstanding | 182.37 | 116.72 | 150.49 | 130.56 | 141.52 | - |
| Inventory | 974.79K | 0 | 0 | -3.33M | 0 | 0 |
| Days Inventory Outstanding | 9.54 | - | - | - | - | - |
| Other Current Assets | 1.53M | 9.04M | 1.65M | 3.52M | -23.99M | 0 |
| Total Non-Current Assets | 2.33M | 2.6M | 8.1M | 15.61M | 595.45M | 595.12M |
| Property, Plant & Equipment | 1.11M | 959K | 780.21K | 1.07M | 0 | 0 |
| Fixed Asset Turnover | 66.40x | 82.91x | 103.40x | 63.55x | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 4.34M | 0 |
| Intangible Assets | 625.86K | 1.02M | 7.29M | 14.41M | 1.67M | 0 |
| Long-Term Investments | 544K | 600K | 53.4M | 152.36M | 595.45M | 595.12M |
| Other Non-Current Assets | 58.2K | 24K | -53.37M | -152.23M | -6.01M | 0 |
| Total Assets | 76.65M | 79.78M | 115.05M | 64.25M | 596.16M | 597.06M |
| Asset Turnover | 0.96x | 1.00x | 0.70x | 1.06x | 0.10x | - |
| Asset Growth % | -3.92% | -30.66% | 79.06% | -89.22% | -0.15% | - |
| Total Current Liabilities | 36.81M | 31.04M | 35.71M | 39.01M | 3.95M | 1.25M |
| Accounts Payable | 34.3M | 29.1M | 23.84M | 16.65M | 16.17M | 0 |
| Days Payables Outstanding | 335.81 | 211.49 | 198.08 | 179.41 | 197.49 | - |
| Short-Term Debt | 702.29K | 442K | 574.63K | 492.74K | 800K | 300K |
| Deferred Revenue (Current) | 633.78K | 0 | 1.31M | 301.99K | 0 | 0 |
| Other Current Liabilities | 1.17M | 1.02M | 1.91M | 14.82M | -13.02M | 952.42K |
| Current Ratio | 2.02x | 2.49x | 3.00x | 1.25x | 0.18x | 1.55x |
| Quick Ratio | 1.99x | 2.49x | 3.00x | 1.33x | 0.18x | 1.55x |
| Cash Conversion Cycle | -143.9 | - | - | - | - | - |
| Total Non-Current Liabilities | 420.48K | 509K | 254.96K | 9.42M | 41.37M | 134.01M |
| Long-Term Debt | 0 | 0 | 0 | 8.75M | 0 | 0 |
| Capital Lease Obligations | 239.68K | 294K | 31.43K | 292.95K | 0 | 0 |
| Deferred Tax Liabilities | 39.31K | 30K | 29.27K | 35.54K | 0 | 0 |
| Other Non-Current Liabilities | 141.49K | 185K | 194.26K | 344.98K | 41.37M | 134.01M |
| Total Liabilities | 37.23M | 31.55M | 35.96M | 48.43M | 45.32M | 135.26M |
| Total Debt | 941.96K | 736K | 606.06K | 9.53M | 800K | 300K |
| Net Debt | -11.31M | -41.79M | -68.03M | -14.55M | 643.87K | -1.2M |
| Debt / Equity | 0.02x | 0.02x | 0.01x | 0.60x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - |
| Interest Coverage | -94.82x | -1478.21x | -8.07x | -5.37x | -17.22x | - |
| Total Equity | 39.41M | 48.23M | 79.08M | 15.82M | 550.84M | 461.8M |
| Equity Growth % | -18.28% | -39.02% | 399.84% | -97.13% | 19.28% | - |
| Book Value per Share | 0.92 | 1.15 | 2.35 | 0.43 | 7.41 | 6.21 |
| Total Shareholders' Equity | 39.41M | 48.23M | 79.08M | 15.82M | 550.84M | 461.8M |
| Common Stock | 4.59K | 4K | 4.2K | 2.02K | 594.99M | 594.99M |
| Retained Earnings | 0 | -376.21M | -338.42M | -165.82M | -44.15M | -133.2M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 39.41M | 55.16M | 14.08M | 2.56M | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Rapidly depleting cash reserves
According to the latest quarterly filings, MNY's total assets have declined from $115.0 million in 2023Q4 to $76.6 million by 2025Q4, reflecting a persistent contraction in the company's resource base as it struggles to achieve operational self-sufficiency in a highly competitive Southeast Asian financial services market.
The consistent downward trend in total assets suggests that the company is consuming its capital base to fund ongoing operating deficits. Investors should monitor whether this trajectory indicates a structural inability to scale the business model without continuous external capital injections.
As reported in recent financial statements, MNY's cash and equivalents plummeted from $68.6 million in 2023Q4 to just $12.3 million by 2025Q4, signaling a rapidly narrowing runway that may limit the firm's ability to navigate future market volatility or fund necessary customer acquisition initiatives.
While the current ratio of 2.02 appears superficially healthy, the absolute decline in cash reserves is the more critical metric for assessing solvency risk. This rapid depletion suggests that the company's current burn rate is unsustainable without a fundamental shift in unit economics or a capital raise.
Based on the provided balance sheet data, MNY's equity position has been significantly impacted by historical losses, with retained earnings showing a deficit of $376.2 million as of 2024Q4, highlighting the substantial erosion of shareholder value since the company's transition to the public markets.
The negative retained earnings figure underscores the difficulty the company has faced in converting its platform traffic into profitable growth. This structural impairment of equity suggests that future capital allocation will likely be focused on survival rather than value-accretive investments for shareholders.
Data from recent SEC filings indicates that MNY's goodwill, which stood at $13.0 million in 2023Q3, has been written down to $625.9K by 2025Q4, suggesting that previous acquisitions have failed to deliver the anticipated strategic value or synergies within the regional financial comparison landscape.
The aggressive write-down of intangible assets implies that the company's inorganic growth strategy has not yielded the expected competitive advantages. This development warrants further investigation into the quality of the remaining assets and whether further impairments could be necessary if performance targets remain unmet.
Quick answers to the most common questions about buying MNY stock.
As of 2025, MoneyHero Limited Class A Ordinary Shares (MNY) had total assets of $76.6M including $74.3M in current assets.
MoneyHero Limited Class A Ordinary Shares (MNY) carries total debt of $0.9M, offset by $31.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
MoneyHero Limited Class A Ordinary Shares (MNY) has total shareholders' equity (book value) of $39.4M ($0.92 book value per share). Book value represents the net worth of the company belonging to common stock holders.
MoneyHero Limited Class A Ordinary Shares (MNY) reported a current ratio of 2.02x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.