MoneyLion reported a strong fourth quarter and full year 2024, highlighted by a 40% increase in total revenue to $158.6 million for the quarter and a net income of $1.7 million, compared to a net loss in the same quarter of the previous year. The company's FY2024 revenue grew by 29% year-over-year to $546 million, with a net income of $9.1 million.
MoneyLion reported record revenue of $135 million, a 23% increase year-over-year, and an adjusted EBITDA of $24 million. The company raised its full-year 2024 revenue guidance to $536 million - $541 million and adjusted EBITDA guidance to $88 million - $93 million.
MoneyLion announced strong Q2 2024 results with record revenue of $131 million, a 23% increase year-over-year, and a net income of $3.1 million, a significant improvement from the previous year's net loss of $27.7 million. Adjusted EBITDA reached $18.5 million, representing a 14.2% margin. The company provided positive Q3 and full-year 2024 guidance.
MoneyLion reported record revenue of $121 million, a 29% increase year-over-year, and a record GAAP net income of $7 million, resulting in diluted EPS of $0.60. Adjusted EBITDA reached a record $23 million, representing a 19.4% margin.
MoneyLion reported a net loss of $4.2 million for Q4 2023, but achieved record adjusted EBITDA of $16.5 million and revenue increased by 19% to $113.0 million compared to Q4 2022. The company is focused on accelerating growth and achieving its first positive GAAP EPS quarter in 2024.
MoneyLion announced record revenue of $110 million, up 24% year-over-year. The company reported a net loss of $4 million but achieved a record Adjusted EBITDA of $13 million. They are driving forward, optimizing technology and building on the momentum of mutually reinforcing businesses.
MoneyLion reported record revenue of $107 million, a net loss before other expense and income taxes of $2 million, a quarterly net loss of $28 million, and record Adjusted EBITDA of $9 million. The company saw gross profit and Adjusted EBITDA margin expansion compared to Q1 2023 and near-breakeven cash flows after operating and investing activities.
MoneyLion reported a 34% year-over-year increase in GAAP revenue to $94 million for Q1 2023. The company achieved a net loss of $9 million and a positive Adjusted EBITDA of $7 million. Total customers increased by 102% year-over-year, reaching 7.8 million.
MoneyLion announced record Adjusted Revenue of $92 million for Q4 2022, with an improved Adjusted EBITDA of ($6) million. The company achieved record customer additions of 1.1 million in Q4 2022, bringing the total customer base to 6.5 million, up 97% year-over-year. Management expects positive Adjusted EBITDA for the full year 2023.
MoneyLion reported record third quarter 2022 results with a 101% increase in GAAP revenue and a 103% increase in adjusted revenue year-over-year. The company's net loss was $21.0 million, and adjusted EBITDA was ($14.3) million. MoneyLion is actioning approximately $15 million annualized run-rate fixed cost savings in Q4 2022.
MoneyLion announced strong Q2 2022 results, marked by a 129% increase in total revenues to $87.3 million and a 131% increase in adjusted revenue to $84.1 million. The company added a record number of new customers, reaching 4.9 million total customers, and maintained leading unit economics. They are raising full year 2022 adjusted revenue guidance and reaffirming breakeven adjusted EBITDA target exiting 2022.
MoneyLion reported a strong first quarter in 2022, with a 105% increase in adjusted revenue year-over-year and a net income of $0.1 million. The company also saw substantial growth in total customers, reaching 3.9 million, and reiterated its full-year guidance and path to profitability.
MoneyLion reported a 91% increase in quarterly net revenue and a 119% increase in adjusted revenue year-over-year. The company added approximately 510,000 new users in the third quarter.