While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

miniseries In January, I started coverage of MoneyLion (NYSE:ML) with a "Buy" rating, noting the company has low customer acquisition costs and solid cross-selling opportunities. The stock is up over 20% since then. With the company recently reporting its Q4 results, let's catch up on the name. Company Profile As a refresher, ML offers a suite of financial products and services for both consumers and enterprises. On the consumer side, the company offers an FDIC-insured demand deposit account with a virtual ...

Many of the names that are part of the FinTech IPO Index soared double digits on the heels of earnings this past week, leading the overall index 2.7% higher.MoneyLion Shares Roar AheadMoneyLion’s shares gained roughly 34% as December quarter details saw the number of customer inquiries it received through the platform leap 78% year over year (YoY), reaching 205 million in 2023, MoneyLion CEO Dee Choubey said during the company’s quarterly earnings call.This shows customers’ increasing engagement with the fi ...

Financial Data and Key Metrics Changes - MoneyLion achieved record revenue of $423 million for 2023, representing a 24% year-over-year growth [4][31] - Gross profit margin expanded to 60% in 2023, up from 57% in 2022, with Q4 2023 gross profit margin at 63% [6][31] - Adjusted EBITDA reached a record $46 million in 2023, with an adjusted EBITDA margin of 11% [7][31] - Net loss before other income and expenses was $5.3 million for 2023, significantly reduced from a loss of $98.7 million in 2022 [7][34] Business Line Data and Key Metrics Changes - The consumer business generated record revenue, contributing significantly to the overall growth [4][31] - The enterprise business saw a decline in personal loan revenue from 85% in 2022 to 60% in 2023, indicating diversification into non-lending verticals [22][23] - Total originations in Q4 2023 were $644 million, up 30% year-over-year, with total originations for 2023 at $2.3 billion, up 27% [29][30] Market Data and Key Metrics Changes - Total customer inquiries reached approximately 205 million in 2023, up 78% from 115 million in 2022, leading to over 14 million total customers by year-end [8][27] - The mix of third-party product consumption increased to 48% by the end of Q4 2023, up from 26% in Q4 2022 [9][10] Company Strategy and Development Direction - The company aims to reach its first positive GAAP EPS quarter in 2024, focusing on efficient growth while maintaining cost discipline [7][34] - MoneyLion plans to expand its product verticals beyond lending, including insurance, credit cards, and mortgages, to diversify revenue streams [9][36] - The strategic alliance with EY is expected to enhance distribution capabilities and provide turnkey solutions for smaller banks [25][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving profitability milestones and highlighted the importance of macroeconomic conditions in driving growth [7][34] - The company is optimistic about the demand for its consumer products and the potential for increased conversions as the macro environment normalizes [36][41] Other Important Information - The company closed 2023 with $92 million in cash and paid down $25 million of senior debt, with no additional repayments due until 2026 [32][33] - Management emphasized the importance of optimizing customer acquisition costs and improving lifetime value through cross-selling and upselling strategies [28][66] Q&A Session Summary Question: Can you provide insights on the EY partnership and its potential? - Management indicated that the partnership with EY is expected to be meaningful, focusing on co-building digital solutions for midsized financial institutions [44][46] Question: How will the CFPB's changes to credit card late fees impact your offerings? - Management believes the changes will create opportunities for MoneyLion to help consumers navigate various credit products effectively [48][50] Question: Can you clarify the decline in personal loan revenue and its implications? - Management clarified that while personal loan revenue as a percentage decreased, the overall business grew due to diversification into other verticals [53][55] Question: What is the current traction of the MoneyLion WOW subscription? - Management noted that the WOW membership is in beta and is being positioned as a valuable upgrade for existing customers, with plans for increased marketing in the future [56][74] Question: How does the company plan to allocate capital moving forward? - Management stated that the focus will be on scaling the business and optimizing the customer acquisition funnel rather than prioritizing debt reduction at this time [70][71]

证券研究报告 汽车零部件 2024年03月08日 米其林（ML.PA）动态研究报告： 2023年公司量减利增，2024年欧美替换胎需求向上 ...

MoneyLion Inc. (ML) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to loss of $3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.90%. A quarter ago, it was expected that this company would post a loss of $0.79 per share when it actually produced a loss of $0.40, delivering a surprise of 49.37%.Over the last four quarters, the company has surpassed cons ...

MoneyLion Q4 & FY 2023 Earnings Presentation 23X March 7,2024 MoneyLion M 237 Disclaimer expensesandinco ncomeareexcludedorincludedindeter without reconciliations of such forward-looking non-GAAP measures, due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, which could be material based on historical adjustments.Accordingly,areconciliationisnotavailablewithoutunreasonableeffort. Forward-Looking Statements cmationinthi forecast,""intend,"" ...

Financial Performance - The company reported net losses of $45.2 million and $189.1 million for the years ended December 31, 2023 and 2022, respectively, with a total accumulated deficit of $702.7 million as of December 31, 2023[171]. - The company has experienced rapid growth, which has increased operational demands and expenses, making future performance predictions challenging[170]. - Economic conditions, including rising interest rates and inflation, could decrease demand for lending products and negatively affect loan performance[182]. - The company may be limited in utilizing net operating loss carryforwards (NOLs) to offset future taxable income, affecting its tax strategy[243]. - The market price of the company's securities may be volatile, influenced by various factors including financial results and market conditions[279]. Revenue and Competition - Revenue from the personal loans vertical represented the majority of the company's Enterprise marketplace revenue during the year ended December 31, 2023[183]. - The company faces significant competition from traditional banks, non-bank digital providers, and emerging startups, which could impact market share and pricing strategies[179]. Risk Management and Compliance - The company is subject to risks associated with borrowers prepaying loans without penalty, which could reduce revenue and servicing fees[172]. - The company’s risk management processes may not effectively identify and control potential risks, leading to unexpected losses[174]. - The company maintains cash balances at third-party financial institutions that exceed FDIC insurance limits, posing liquidity risks[188]. - The company is subject to extensive regulation and oversight, which could impose additional compliance costs and operational challenges[245]. - The company faces risks related to compliance with federal consumer protection laws, which could result in increased regulatory scrutiny and enforcement actions[246]. Legal and Regulatory Environment - The company has faced inquiries and investigations from regulators, including a recent settlement with the Colorado Department of Law regarding historical lending activities, which could have material implications in the future[229]. - The company may incur significant costs related to compliance with governmental regulations, which could adversely impact financial results[230]. - The regulatory landscape for earned wage access products, including the company's Instacash service, is uncertain and may lead to additional compliance requirements[255]. - Non-compliance with changing laws could result in litigation, penalties, and reputational damage, adversely affecting financial results[256]. - The evolving regulatory framework for AI and machine learning technology may require significant resource investment for compliance[257]. Technology and Cybersecurity - Cybersecurity risks are heightened due to the integration of legacy IT systems, which may expose the company to potential breaches and disruptions[196]. - The reliance on third-party data for risk-scoring models may impact the company's ability to operate its platform effectively if disruptions occur[205]. - The company utilizes open-source software, which poses risks of unintentional disclosure of proprietary information and could lead to litigation or operational disruptions[219]. Intellectual Property and Trademarks - The company has 22 registered trademarks and 1 registered copyright as of December 31, 2023, with 10 trademark applications and 1 copyright application pending[209]. - The company does not currently have a patent portfolio, which may hinder its ability to defend against infringement claims from competitors[223]. - The company may face claims from third parties regarding intellectual property rights, which could result in costly litigation and liability[222]. Operational Challenges - The company intends to continue investing in sales, marketing, technology, and new products, which may create challenges in achieving near-term profitability[171]. - The ongoing economic uncertainty and tightening credit markets may require the company to adjust or postpone strategic initiatives[191]. - The company’s inability to maintain or obtain necessary licenses could adversely affect its business and financial condition[213]. Stock and Equity - The company has never declared or paid a cash dividend on the Class A Common Stock and has no current intention to do so in the foreseeable future[296]. - The issuance of additional equity securities may dilute existing stockholders' economic and voting rights and likely reduce the market price of the Class A Common Stock[287]. - Anti-takeover provisions in the company's organizational documents could discourage third-party acquisitions, limiting stockholders' ability to obtain a premium for their shares[289]. Miscellaneous - The company has entered into confidentiality agreements with employees and contractors, but these may not fully protect proprietary information[212]. - The company maintains an enterprise-wide program to comply with anti-money laundering and economic sanctions laws, which is essential for its operations[234]. - There is no assurance that the company's insurance will adequately protect against potential liabilities, which could lead to substantial financial burdens[233].

Exhibit 99.1 MoneyLion Announces Fourth Quarter and Full Year 2023 Results FY 2023 Record Revenue of $423.4 Million, Up 24% Year-over-Year FY 2023 60% Gross Profit Margin, Compared to 57% in FY 2022 FY 2023 Net Loss of $45.2 Million and Q4 2023 Net Loss of $4.2 Million FY 2023 Record Adjusted EBITDA of $46.4 Million; Q4 2023 Record Adjusted EBITDA of $16.5 Million Management Expects Accelerating Revenue Growth and First Positive GAAP EPS Quarter in 2024 NEW YORK, NY, March 7, 2024 – MoneyLion Inc. ("MoneyLi ...

MoneyLion Inc. (ML) will report fourth-quarter 2023 results on Mar 7, 2024, before the bell. The company posted an earnings surprise of 49.4% in the last reported quarter.Expectations This Time AroundMoneyLion’s business model allows it to optimize technology and use proprietary data sets through various customer insights, enabling the company to innovate on technology and grow customers, originations and products.We expect these strengths to have gained traction in the to-be-reported quarter, enabling the ...