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Jun 30, 2023
Moneylion Q2 2023 Earnings Report
MoneyLion announced Q2 2023 results with record revenue and positive Adjusted EBITDA for the second consecutive quarter.
Key Takeaways
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.
Reached record revenue of $107 million, up 22% year-over-year.
Reported a net loss before other expense and income taxes of $2 million, compared to $27 million in Q2 2022.
Achieved record Adjusted EBITDA of $9 million.
Total Customers grew 114% year-over-year to 9.9 million.
Forward Guidance
For the third quarter of 2023, MoneyLion expects revenue of $110 to $115 million, gross profit margin of 55% to 60% and Adjusted EBITDA of $6 to $10 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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