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Mar 31, 2023
Moneylion Q1 2023 Earnings Report
Reported revenue growth and progress towards profitability.
Key Takeaways
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.
GAAP revenue reached $94 million, up 34% year-over-year.
Net loss was $9 million, with positive Adjusted EBITDA of $7 million.
Total customer additions were 1.3 million in Q1 2023, bringing the total to 7.8 million, a 102% year-over-year increase.
Total originations grew 24% year-over-year to $506 million.
Forward Guidance
For the second quarter of 2023, MoneyLion expects GAAP revenue of $95 to $100 million and Adjusted EBITDA of $1 to $8 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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