MoneyLion (US:ML)2022-11-15 19:53Financial Performance - MoneyLion achieved its 7th consecutive quarter of over 100% year-over-year adjusted revenue growth[6] - Q3 2022 adjusted revenue reached $85.3 million[62], representing a 103% year-over-year increase[58] - The company is targeting full year 2022 adjusted revenue of $320 million to $330 million, projecting a 94% to 100% year-over-year growth[54] - Adjusted gross profit for Q3 2022 was $49.1 million[62], with an adjusted gross profit margin of 58%[50] - MoneyLion is aiming for an adjusted gross profit margin between 55% and 60% for the full year 2022[54] - Adjusted EBITDA for Q3 2022 was a loss of $14.3 million[62], showing improvement compared to previous quarters[42] Customer and Product Growth - Total customers reached 5.4 million in Q3 2022, a 101% year-over-year increase[58] - Total products reached 11.3 million[58] - Total originations amounted to $446 million in Q3 2022, reflecting a 63% year-over-year growth[58] Business Model and Strategy - MoneyLion's business model is diversified across consumer and enterprise revenue streams[7] - The company's customer acquisition cost (CAC) was $8 in Q3 2022, with an average revenue per user (ARPU) of $68 and a payback period of less than 6 months[8] - MoneyLion has a large enterprise partner network of over 1,000 partners[30]