ML WS The New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39346 MoneyLion Inc. (Exact name of registrant as specified in its charter) Delaware 85-0 ...

Revenue and Growth - Record revenue of $135 million in Q3 2024, up 23% year-over-year[1] - Full-year 2024 revenue guidance raised to $536-$541 million, reflecting 27%-28% growth vs. FY 2023[8] - Q4 2024 revenue expected to be $149-$154 million, reflecting 32%-36% growth vs. Q4 2023[8] - Revenue for the three months ended September 30, 2024, was $135.466 million, compared to $110.258 million for the same period in 2023[24] Profitability and Adjusted EBITDA - Net income before income taxes of $0.5 million in Q3 2024, compared to a net loss of $3.7 million in Q3 2023[5] - Adjusted EBITDA of $24 million in Q3 2024, representing an 18.0% Adjusted EBITDA margin[1] - Full-year 2024 Adjusted EBITDA guidance raised to $88-$93 million, reflecting 16.3%-17.4% Adjusted EBITDA margin[8] - Q4 2024 Adjusted EBITDA expected to be $22-$27 million, reflecting 14.1%-17.9% Adjusted EBITDA margin[8] - Adjusted EBITDA for the three months ended September 30, 2024, was $24.4 million, up from $13.4 million in the same period in 2023[29] - Adjusted EBITDA for the nine months ended September 30, 2024, was $66.4 million, up from $29.9 million in the same period in 2023[29] Customer and Product Growth - Total Customers grew 54% year-over-year to 18.7 million in Q3 2024[7] - Total Products grew 51% year-over-year to 30.7 million in Q3 2024[7] - Total Products include all products opened by Total Customers, such as banking, membership subscription, secured personal loans, Instacash advances, managed investment accounts, cryptocurrency accounts, and monetized marketplace and affiliate products, as well as financial tracking services[20] Originations and Enterprise Partners - Total Originations grew 38% year-over-year to $776 million in Q3 2024[7] - Total Originations for the period were the dollar volume of secured personal loans and Instacash advances funded, all originated directly by MoneyLion[21] - Enterprise Partners consist of Product Partners (financial and non-financial product providers) and Channel Partners (organizations that help reach consumers)[22] Financial Position and Cash Flow - Cash and cash equivalents as of September 30, 2024, were $111.944 million, compared to $92.195 million as of December 31, 2023[25] - Total assets as of September 30, 2024, were $530.716 million, compared to $515.259 million as of December 31, 2023[25] - Total liabilities as of September 30, 2024, were $248.244 million, compared to $258.036 million as of December 31, 2023[25] - Total stockholders' equity as of September 30, 2024, was $282.472 million, compared to $257.223 million as of December 31, 2023[26] - Net cash provided by operating activities for the three months ended September 30, 2024, was $60.3 million, compared to $36.1 million in the same period in 2023[28] - Net cash used in investing activities for the three months ended September 30, 2024, was $22.8 million, compared to $28.0 million in the same period in 2023[28] - Net cash used in financing activities for the three months ended September 30, 2024, was $24.3 million, compared to $9.3 million in the same period in 2023[28] - Cash and restricted cash at the end of the period on September 30, 2024, was $116.4 million, compared to $101.0 million at the end of the same period in 2023[28] Net Income and Losses - Net income (loss) before other expense income and income taxes for the three months ended September 30, 2024, was $4.003 million, compared to $1.101 million for the same period in 2023[24] - Net loss attributable to common shareholders for the three months ended September 30, 2024, was $2.792 million, compared to $4.110 million for the same period in 2023[24] - Net loss for the three months ended September 30, 2024, was $2.8 million, an improvement from a net loss of $4.1 million in the same period in 2023[28] - Provision for losses on receivables for the three months ended September 30, 2024, was $26.8 million, compared to $25.1 million in the same period in 2023[28] Expenses and Compensation - Stock-based compensation expense for the three months ended September 30, 2024, was $7.3 million, up from $5.7 million in the same period in 2023[28] - Depreciation and amortization expense for the three months ended September 30, 2024, was $6.5 million, compared to $6.1 million in the same period in 2023[28]

Wall Street expects a year-over-year increase in earnings on higher revenues when MoneyLion Inc. (ML) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...

MoneyLion Inc. (ML) closed at $45.44 in the latest trading session, marking a +0.33% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.03%. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq added 0.56%.The the stock of company has risen by 15.71% in the past month, leading the Business Services sector's gain of 2.28% and the S&P 500's gain of 1.39%.Analysts and investors alike will be keeping a close eye on the performance of MoneyLion Inc. in its upcoming earnings disclosur ...

Company Performance - MoneyLion Inc. (ML) closed at $45.29, reflecting a +0.24% change from the previous day, outperforming the S&P 500's gain of 0.22% [1] - The stock has increased by 10.03% over the past month, significantly higher than the Business Services sector's gain of 1.72% and the S&P 500's gain of 1.47% [1] - The upcoming earnings report is scheduled for November 7, 2024, with an expected EPS of $0.10, indicating a 125% increase from the same quarter last year [1] - Revenue is forecasted at $134.28 million, representing a 21.79% year-over-year increase [1] Full-Year Estimates - Zacks Consensus Estimates predict full-year earnings of $1.23 per share and revenue of $527.63 million, reflecting year-over-year changes of +126.57% and +24.61%, respectively [2] - Recent analyst estimate revisions suggest optimism regarding the company's business and profitability [2] Valuation Metrics - MoneyLion Inc. has a Forward P/E ratio of 36.63, which is higher than the industry average of 17.68, indicating a premium valuation [3] - The Financial Transaction Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 79, placing it in the top 32% of over 250 industries [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 rated stocks averaging a +25% annual return since 1988 [3] - MoneyLion Inc. currently holds a Zacks Rank of 3 (Hold) [3]

MoneyLion Inc. (ML) closed the latest trading day at $40.19, indicating a +0.37% change from the previous session's end. The stock lagged the S&P 500's daily gain of 0.97%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.45%.Heading into today, shares of the company had gained 0.3% over the past month, lagging the Business Services sector's gain of 4.27% and the S&P 500's gain of 5.41% in that time.Investors will be eagerly watching for the performance of MoneyLion Inc. in its upcom ...

MoneyLion Inc. (NYSE: ML ) has an interesting business model in the fintech industry, good growth prospects and an attractive valuation compared to its peers, being therefore a good long-term growth play in the fintech space.Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existi ...

The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure: I/we have a beneficial long position in the shares of ML either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own ...

Core Viewpoint - MoneyLion Inc. has experienced a significant decline in its stock performance year-to-date, contrasting sharply with its competitors, despite a strong one-year performance indicating a correction phase [1][2]. Group 1: Stock Performance - MoneyLion's shares have lost 32.1% year-to-date, while the industry has grown by 5.9% and the Zacks S&P 500 composite has risen by 21.5% [1]. - Over the past year, MoneyLion's stock surged by 98%, suggesting it is currently undergoing a correction phase [2]. - The stock closed at $44.52, which is 139.9% below its 52-week high of $106.82, and is trading below its 50-day moving average, indicating bearish sentiment [9]. Group 2: Customer Growth and Engagement - MoneyLion has implemented a complete ecosystem strategy, resulting in a 73% year-over-year customer growth and a 10.4% sequential increase in the second quarter of 2024 [3]. - The company reported a total of 27.7 million products consumed on its platform by the end of the second quarter of 2024, indicating robust product consumption [3]. Group 3: Financial Performance and Valuation - MoneyLion's enterprise revenues increased by 17% sequentially in the second quarter of 2024, strengthening its position to diversify revenues across multiple financial verticals [4]. - The Price/Earnings ratio for MoneyLion is 9.52X, significantly lower than the industry's 22.49X, and the Price-to-Sales ratio is 0.76X compared to the industry's 6.75X, indicating potential for further appreciation [6]. - The Zacks Consensus Estimate for MoneyLion's 2024 sales is $529.1 million, reflecting a year-over-year growth of 25%, with anticipated revenue growth of 21.2% for 2025 [11]. Group 4: Liquidity Position - MoneyLion's current ratio stands at 2.85, significantly higher than the industry's 1.15, indicating the company's ability to meet short-term obligations with ease [10].

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about MoneyLion Inc. (ML) .MoneyLion currently has an average brokerage ...