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Sep 30, 2021

Moneylion Q3 2021 Earnings Report

MoneyLion reported record adjusted revenue and customer growth.

Key Takeaways

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.

Reported record adjusted revenue in Q3 2021.

Improved adjusted gross profit margin to 64%.

Added approximately 510,000 new users in Q3 2021.

Successfully transitioned to a public company in September.

Total Revenue
$44.2M
Previous year: $56.9M
-22.2%
EPS
$13.8
Previous year: -$20.1
-168.6%
Total Customers
9.4M
Adjusted Revenue Growth
119%
Net Revenue Growth
91%
Gross Profit
$44.2M
Previous year: $56.9M
-22.2%
Cash and Equivalents
$299M
Previous year: $22.8M
+1213.2%
Free Cash Flow
-$1.17M
Previous year: $373K
-414.2%
Total Assets
$469M
Previous year: $351M
+33.4%

Moneylion

Moneylion

Forward Guidance

MoneyLion reiterated its full year 2021 guidance of adjusted revenue of $155 million and adjusted gross profit of $100 million.