Investors might want to bet on MoneyLion Inc. (ML) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changi ...

Financial Data and Key Metrics Changes - MoneyLion achieved record quarterly revenue of $121 million, representing a 29% year-over-year growth, up from 19% in Q4 2023 [7][24] - Adjusted EBITDA reached $23 million for the quarter, reflecting a 19.4% adjusted EBITDA margin, up from 14.6% in Q4 2023, indicating approximately 480 basis points of margin expansion [8][25] - GAAP net income was $7 million with diluted earnings per share of $0.60, marking a significant profitability milestone [8][25] Business Line Data and Key Metrics Changes - Total customers increased to 15.5 million, reflecting a 98% year-over-year growth, with strong conversions on the consumer side offsetting lower conversions on the enterprise side [8][24] - Total products consumed on the platform reached 25.3 million, compared to 14.7 million in the prior-year quarter, with 49% of products consumed being third-party [9][10] Market Data and Key Metrics Changes - The enterprise business saw a quarter-over-quarter growth in marketplace revenue, with personal loans comprising around 55% of total marketplace revenues, down from over 80% historically [46] - The company reported approximately 80 million total customer inquiries in Q1 2024, up over 130% from roughly 34 million in Q1 2023 [18][19] Company Strategy and Development Direction - MoneyLion is focused on a marketplace-first strategy, enhancing its product offerings and deepening relationships with both consumers and enterprise partners [11][12] - The company aims to expand into new verticals such as credit cards, auto insurance, and mortgages, while optimizing its customer acquisition funnel [28][29] Management's Comments on Operating Environment and Future Outlook - Management noted stabilization in the underwriting environment for personal loans and expressed optimism about future growth opportunities across various product verticals [16][46] - The company expects revenue for Q2 2024 to be between $125 million to $130 million, representing 17% to 22% year-over-year growth [26] Other Important Information - MoneyLion's cash position increased to $93 million, up from $92 million in Q4 2023, indicating strong cash generation capabilities [25] - The company is transitioning to a forward flow financing arrangement, which will improve cash efficiency and lighten the balance sheet [23][42] Q&A Session Summary Question: Insights on Q1 performance and AI initiatives - Management highlighted strong consumer business performance in Q1 and discussed ongoing AI initiatives aimed at personalizing consumer experiences and enhancing monetization strategies [32][33][36] Question: Update on EY partnership and WOW offering - The EY partnership is progressing well, with expectations for growth contributions starting in late Q4 2024. The WOW offering is being refined for market launch, aimed at increasing product adoption and recurring revenue [37][39] Question: Impact of forward flow arrangement on balance sheet - The forward flow arrangement will allow for real-time sales of receivables, increasing cash on hand and eliminating provisions for those receivables [42][43] Question: Trends in the enterprise segment - Management noted mixed trends in the enterprise segment, with personal loans facing macroeconomic headwinds but opportunities for growth in new verticals [45][46] Question: Future profitability expectations - Management confirmed that the GAAP profitability achieved in Q1 is expected to continue, driven by operational leverage and effective cost management [50][51] Question: Clarification on EBITDA margin guidance - Management clarified that the Q2 EBITDA margin guidance reflects seasonal factors and remains consistent with long-term targets, indicating confidence in maintaining strong margins [59][60]

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MoneyLion Inc. (ML) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of a loss of $0.29 per share. This compares to loss of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 306.90%. A quarter ago, it was expected that this company would post a loss of $0.59 per share when it actually produced a loss of $0.39, delivering a surprise of 33.90%.Over the last four quarters, the company ...

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 March 31, 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) | --- | --- | |------------------------------------ ...

Exhibit 99.1 MoneyLion Announces First Quarter 2024 Results Record Revenue of $121 Million, Up 29% Year-over-Year Record GAAP Net Income of $7 Million; Diluted EPS of $0.60 Record Adjusted EBITDA of $23 Million, Representing a 19.4% Adjusted EBITDA Margin NEW YORK, NY, May 7, 2024 – MoneyLion Inc. ("MoneyLion") (NYSE: ML), a leader in financial technology powering the next generation of personalized products, content and marketplace technology, today announced financial results for the first quarter ended M ...

Group 1 - MoneyLion Inc. (ML) is currently outperforming its peers in the Business Services sector with a year-to-date return of approximately 9.5%, compared to the sector average of 4.5% [2] - The Zacks Consensus Estimate for ML's full-year earnings has increased by 93.3% in the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [2] - MoneyLion Inc. belongs to the Financial Transaction Services industry, which has seen a year-to-date gain of about 5.7%, further highlighting ML's superior performance within its industry [3] Group 2 - Omnicom (OMC), another stock in the Business Services sector, has a year-to-date return of 11.8% and a consensus EPS estimate increase of 0.9% over the past three months [2] - The Advertising and Marketing industry, which includes Omnicom, is ranked 175 and has only moved +1% since the beginning of the year, indicating weaker performance compared to MoneyLion's industry [3] - Investors should continue to monitor both MoneyLion Inc. and Omnicom for their potential to maintain solid performance in the Business Services sector [3]

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has MoneyLion Inc. (ML) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.MoneyLion Inc. is one of 314 individual stocks in the Business Services sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 d ...

Shares of MoneyLion Inc. (ML) have gained 37.5% over the past four weeks to close the last trading session at $71.32, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $95.50 indicates a potential upside of 33.9%.The mean estimate comprises four short-term price targets with a standard deviation of $23.61. While the lowest estimate of $75 indicates a 5.2% increase from the current ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...