Moneylion Q2 2022 Earnings Report
Key Takeaways
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.
Total revenues increased 129% to $87.3 million compared to Q2 2021.
Adjusted Revenue increased 131% to $84.1 million compared to Q2 2021.
Total Customers grew 124% year-over-year to 4.9 million.
Total Originations grew 85% year-over-year to $439 million.
Moneylion
Moneylion
Forward Guidance
MoneyLion is updating its full year 2022 guidance and expects to reach breakeven Adjusted EBITDA exiting the year.