MoneyHero Group Reiterated FY24 Revenue Guidance of $100M
MoneyHero Group Reiterated FY24 Revenue Guidance of $100M
Rohith Murthy, Chief Executive Officer, stated, "I am pleased to report another strong quarter, with revenue increasing by 24% year-over-year to $22.2 million. This significant growth underscores the effectiveness of our strategic initiatives and the robust performance across our core markets. Despite Q1 historically being a lower quarter due to the Chinese New Year holidays and the shorter month of February, which typically results in a drop from Q4 to Q1, we have achieved substantial year-over-year growth. This demonstrates the resilience and strength of our business model in overcoming seasonal challenges.
首席執行官Rohith Murthy表示：“我很高興報告又一個強勁的季度，營業收入同比增長24%，達到了2220萬美元。這種顯著的增長凸顯了我們戰略舉措的有效性和主要市場的強勁表現。雖然第一季度通常由於中國春節假期和二月較短的天數，導致從第四季度到第一季度出現下滑，但我們實現了壓倒性的同比增長。這證明了我們克服季節性挑戰的業務模式的韌性和實力。
"Reflecting on the five key pillars from our Q4 2023 earnings call—Consumer Pull, Conversion Expertise, Insurance Brokerage, Strong Partner Relationships, and Operating Leverage—we see their clear impact in our Q1 results. Our enhanced user experience and high-quality content continue to attract and retain consumers, driving significant inbound traffic.
在回顧我們在2023年第四季度業績會上提出的五項關鍵支柱——消費者吸引力、轉化專業知識、保險券商、強大的合作伙伴關係和運營槓桿——我們發現它們對我們的第一季度業績產生了明顯的影響。我們提升的用戶體驗和高質量的內容繼續吸引和留住消費者，推動了相當大的流量入口。
"Our conversion expertise is evidenced by a 72% increase in approved applications, thanks to our superior UX/UI. The insurance brokerage segment, a major growth driver, saw revenue increase by 44% year-over-year, contributing 8.2% to our Group revenue as we simplify and enhance the insurance purchasing process.
我們優秀的UX/UI體現了我們的轉化專業知識，經批准的申請數量增加了72%。保險業務是一個重要的增長驅動，年收入同比增長44%，爲我們的集團收入貢獻了8.2%，我們正在簡化和改進保險購買流程。
"Strong partner relationships have enabled us to be the largest digital acquisition channel for many financial partners. This quarter, we ramped up marketing campaigns and market share strategies, particularly in Singapore and Hong Kong, which saw revenue growth of 61% and 37% respectively.
強大的合作伙伴關係使我們成爲許多金融合作夥伴最大的數字獲取渠道。本季度，我們在新加坡和香港加強了市場份額策略和營銷活動，收入分別增長了61%和37%。
"Our aggressive growth strategy around credit cards serves multiple strategic purposes: acquiring new users, becoming the preferred acquisition channel for many partners, and leveraging credit card acquisition as an incubator for cross-selling other products, especially insurance.
我們在信用卡領域實行積極的增長策略：獲取新用戶，成爲許多合作伙伴的首選獲取渠道，並將信用卡獲取作爲交叉銷售其他產品（尤其是保險業務）的孵化器。
"Our Creatory platform continues to thrive, contributing 19% to Group revenue in Q1, up from 17% last year. We are investing in Creatory by adding new creators and expanding through marketing campaigns, tapping into new audience segments.
我們的Creatory平台繼續發展，貢獻了第一季度集團收入的19%，比去年增加了2個百分點。我們正在通過添加新的創作者、擴大營銷活動並進入新的觀衆群體來投資於Creatory。
"Our increased EBITDA loss reflects deliberate investments in growth and market share expansion. These investments are not just about immediate revenue but building a sustainable business model. By expanding our user base and market presence, we are laying the foundation for future profitability. As time progresses, the brand and marketing investments we've made will improve brand trust and conversion rates, further increasing our efficiency.
我們增加的EBITDA虧損反映了有意的增長投資和市場份額擴展。這些投資不僅僅是關於即時營收，還要打造可持續的商業模式。通過擴大用戶基礎和市場份額，我們正在爲未來的盈利能力打下基礎。隨着時間的推移，我們所做的品牌和營銷投資將提高品牌信任和轉化率，進一步提高我們的效率。
"To further enhance our financial performance, we are also optimizing operational efficiencies and expanding into higher margin products such as personal loans, insurance, and advertising revenues. We anticipate these initiatives will reduce our operating burn starting the second half of this year. Additionally, leveraging AI and automation, and centralizing data on a robust platform will enhance marketing efficiencies through better insights and CRM strategies.
爲了進一步提高我們的財務表現，我們還在優化運營效率並擴展更高利潤的產品，例如個人貸款、保險和廣告收入。我們預計這些舉措將減少我們的運營負擔，從今年下半年開始。此外，通過利用人工智能和自動化，以及將數據集中在強大的平台上，將通過更好的洞察力和客戶關係管理（CRM）策略來增強營銷效率。
"Lastly, our commitment to operational leverage remains unwavering. Despite increased operating costs to support our growth strategy, our disciplined approach to scaling and efficiency will drive long-term value. With a debt-free balance sheet and strong cash position, we are well-positioned to execute our strategic initiatives and achieve our ambitious $100 million revenue target for 2024. These solid Q1 results demonstrate that we are on track to meet our annual guidance.
最後，我們對運營槓桿的承諾依然不變。儘管爲支持我們的增長策略而增加了運營成本，但我們有序的擴展和高效的方法將驅動長期價值。憑藉無負債資產負債表和強大的現金狀況，我們有能力執行我們的戰略舉措，實現我們雄心勃勃的2024年100億美元的收入目標。這些堅實的第一季度業績表明，我們正在按計劃實現我們的年度指南。
譯文內容由第三人軟體翻譯。