Excited to support @Go_Votr as they make it easier for shareholders everywhere to vote—and help public companies like @tesla unlock the potential of their full shareholder base. https://t.co/qBbLcx7jR1
Markets will be right in the long term. MoneyLion's vision for the future is to be the 1 destination for consumer finance decisions.
$ML's fundamentals are great. Free cash flow generation, Great liquidity, solid balance sheet, multiple ways to win. This will weigh heavy in the long run.
While many other business models are experiencing challenges, MoneyLion continues to thrive. Our unique two-sided ecosystem position drives growth and profitability, allowing us to outperform the market. We are committed to finishing strong in the next two quarters and building significant momentum heading into 2025.
“Our second quarter 2024 results reflect MoneyLion’s leading position as the first digital ecosystem for consumer finance and continued progress towards becoming the number one destination for Americans to make financial decisions,” said @deechoubey, MoneyLion’s Co-Founder and Chief Executive Officer.
Choubey continued, “We have all the ingredients needed to build a digital ecosystem and disrupt consumer finance, and the success of this approach is already reflected in our numbers. We are putting our ecosystem approach into action through a number of products, services, and technologies that serve our partners and consumers alike, with features like AI-driven financial product search, MoneyLion checkout, content-as-a-service, web services, and much more.”
If you started dollar cost averaging into #Bitcoin roughly at the dead top of the last cycle ($69,000), buying $100 a week, then you have spent $10,000 and your position is worth $13,431.32.
You are up 34.31%.
If you started at the DEAD TOP.
Bitcoin spends very little time at the highs, and gives dollar cost averagers seemingly endlessly time to accumulate during the lows.
Just be a long term investor, slowly buy and you will reap the benefits.
KEY TAKEAWAYS FROM @MoneyLion's (NYSE: $ML) Q3 2023 EARNINGS:
(Read here : https://t.co/MPxR9iKOtE)
Congrats to the $ML team on another quarter of strong, resilient execution. Not only are we shaping our own destiny but we are laying the groundwork for outsized future growth.
This was awesome, still getting goosebumps from the iconic finish of the #45 MoneyLion car by @TylerReddick . Way to go Team @MoneyLion and @23XIRacing
.@MoneyLion's Money Move of Sunday’s race? @TylerReddick's pass for the lead and the checkered flag! 🏁
For all of the #MoneyMoves in your life, download the MoneyLion app today https://t.co/1ceL4JXVYC
So here's the deal - we said "path to profitability" - the team executed in Q2 and delivered like never before
- $107mm revenue quarterly revenue - our highest ever, +22% year over year
- $9mm Adj. EBITDA - our second consecutive quarter of positive Adj. EBITDA. +$28mm swing from a year ago
~10M total customers - nearly 2x year over year
- Save for the non-cash goodwill impairment, almost Net Income break-even
- -$1.7mm Net loss vs. -$26.9mm year ago --> Great progress, and importantly, great trajectory
- Stabilized cash usage despite $8mm used for pay-down of debt
- Both Consumer and Enterprise businesses performed. Synergies are working
- More to come, exciting times ahead: we are long-term greedy
#ML @MoneyLion
“Thanks to the hard work of our exceptional team, #MoneyLion was able to reach record revenue and its second consecutive quarter of positive Adjusted EBITDA,” said @deechoubey, MoneyLion’s co-founder and CEO.
https://t.co/62ddVSfRQ2
You CAN be financially free! Tell us in the comments what you want to be financially free from & you might win a prize worth up to $1,000. How to enter:
1️⃣Follow @MoneyLion
2️⃣Tell us what you want to be financially free from in the comments below
3️⃣Retweet for an extra entry!
While operating in the most turbulent of times (rates, Russia, recession, inflation) I am incredibly proud of the evolution that the MoneyLion team achieved in 2022, beating expectations and exiting the year with positive adjusted EBITDA. This is a major milestone on our path to profitability and highlights our incredible strength and resilience to thrive. Read all the details from our record 2022 earnings here:
.@MoneyLion reported record Q4 and FY 2022 results and reached a significant profitability milestone exiting the year. Check out the highlights👇and see our full earnings presentation here: https://t.co/s2TncyeRbv
Our CFO walked through why we're bullish despite the tough macro-environment. "We can control what we can control, which is execution" -- we get to profitability by actions already taken to reduce our fixed cost base - evidence of operating leverage $ML @MoneyLionIR
What are the markets missing about MoneyLion ($ML)? A common question 🤔 … I think a lot. Come hear from me, and our team of founders and innovators why we are executing the most interesting strategy in #fintech
@omega_in_space Will do. I know it’s though to see with the current markets , but we are driving a form factor change and using this opportunity to build a massively resilient business model.
What are the markets missing about MoneyLion ($ML)? A common question 🤔 … I think a lot. Come hear from me, and our team of founders and innovators why we are executing the most interesting strategy in #fintech
Our friend Edward Woodford does a very good job of explaining the debacle that unfolded … also good example of @MoneyLion network of original educational content that demystifies the financial world for our users. #FTXbankruptcy#FTXScandal