Revenue for Q2 2025 was $8.71M, down 20.8% YoY, as higher Tranglo remittance volumes offset declines in global and Indonesian airtime revenues. Tranglo's TPV rose to $1.46B, up 6.9% YoY, with an improved take rate of 0.36%. Net loss attributable to shareholders was $4.66M, or $0.10 per share. Gross margin expanded to 37.2%, but operating expenses rose due to one-time de-SPAC incentive share costs and AI development investments.
CURRENC posted a Q4 net loss of $38.8M and EPS of -$0.70. Despite the loss, revenue reached $11.06M, surpassing expectations. Strategic investments in AI were the key focus this quarter.
CURRENC Group Inc. announced its Q3 2024 financial results, highlighting the company's strategic achievements and operational excellence. The company divested TNG Asia and GEA, focusing on Tranglo as the primary growth driver. Tranglo's TPV increased, reflecting client trust and confidence. While transaction fees decreased, improvements in forex and payout agency rates offset this. Non-recurring expenses related to the merger with INFINT SPAC impacted general and administrative expenses.