Free Trial
→ The end may be near for these iconic stocks (From Chaikin Analytics) (Ad)tc pixel Free CURR Stock Alerts

Currenc Group (CURR) Financials

Currenc Group logo
$2.77 0.00 (0.00%)
Closing price 10/8/2026 04:00 PM Eastern
Extended Trading
$2.76 0.00 (-0.18%)
As of 10/8/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Currenc Group

Annual Income Statements for Currenc Group

This table shows Currenc Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -1.11 -15 -39 -18
Consolidated Net Income / (Loss)		 -1.11 -14 -39 -19
Net Income / (Loss) Continuing Operations		 -1.11 -14 -39 -19
Total Pre-Tax Income 		-1.11 -14 -38 -18
Total Operating Income		 -4.04 -6.65 -27 -7.94
Total Gross Profit		 0.00 17 15 15
Total Revenue		 0.00 53 46 38
Operating Revenue		 - 53 46 38
Total Cost of Revenue		 0.00 36 32 22
Operating Cost of Revenue		 - 36 32 22
Total Operating Expenses		 4.04 24 42 23
Selling, General & Admin Expense		 - 24 42 23
Total Other Income / (Expense), net		 2.93 -7.25 -11 -10
Other Income / (Expense), net		 - -7.25 -11 -10
Income Tax Expense		 - 0.52 0.58 0.15
Net Income / (Loss) Attributable to Noncontrolling Interest		 - 0.89 0.65 -0.07
Basic Earnings per Share		 ($0.08) ($0.45) ($1.03) ($0.30)
Weighted Average Basic Shares Outstanding		 25.83M 33.98M 38.16M 61.47M
Diluted Earnings per Share		 ($0.08) ($0.45) ($1.03) ($0.30)
Weighted Average Diluted Shares Outstanding		 25.83M 33.98M 38.16M 61.47M
Weighted Average Basic & Diluted Shares Outstanding		 15.42M 10.58M - 76.61M

Quarterly Income Statements for Currenc Group

This table shows Currenc Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -3.83 -13 -3.03 0.17 -4.96 -32 -4.67
Consolidated Net Income / (Loss)		 -3.82 -12 -2.63 0.17 -5.02 -31 -4.49
Net Income / (Loss) Continuing Operations		 -3.82 -12 -2.63 0.17 -5.02 -31 -4.49
Total Pre-Tax Income 		-3.59 -12 -2.56 0.17 -4.94 -31 -4.44
Total Operating Income		 -2.31 -3.20 -1.42 -0.54 -16 -9.49 -4.32
Total Gross Profit		 4.14 13 4.41 0.00 3.14 7.05 3.20
Total Revenue		 13 41 13 0.00 11 22 10
Operating Revenue		 13 - 13 - 11 - 10
Total Cost of Revenue		 8.60 27 8.70 0.00 8.12 15 6.85
Operating Cost of Revenue		 8.60 - 8.70 - 8.12 - 6.85
Total Operating Expenses		 6.45 16 5.83 0.54 19 17 7.52
Selling, General & Admin Expense		 6.45 - 5.83 - 19 - 7.52
Total Other Income / (Expense), net		 -1.27 -8.82 -1.14 0.71 11 -21 -0.12
Other Income / (Expense), net		 -1.27 - -1.14 - 11 - -0.12
Income Tax Expense		 0.23 - 0.07 - 0.09 - 0.05
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.02 - 0.40 - -0.06 - 0.19
Basic Earnings per Share		 ($0.11) ($0.54) ($0.09) $0.04 ($0.13) ($0.85) ($0.13)
Weighted Average Basic Shares Outstanding		 33.98M 33.98M 33.98M 10.58M 38.16M 38.16M 35.37M
Diluted Earnings per Share		 ($0.11) ($0.54) ($0.09) $0.04 ($0.13) ($0.85) ($0.13)
Weighted Average Diluted Shares Outstanding		 33.98M 33.98M 33.98M 10.58M 38.16M 38.16M 35.37M
Weighted Average Basic & Diluted Shares Outstanding		 13.24M 10.58M 10.58M 10.58M 46.53M 0.00 46.53M

Annual Cash Flow Statements for Currenc Group

This table details how cash moves in and out of Currenc Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -0.76 -15 4.90 11
Net Cash From Operating Activities		 -0.76 -15 3.45 7.86
Net Cash From Continuing Operating Activities		 -0.76 -15 3.45 7.86
Net Income / (Loss) Continuing Operations		 -1.11 -14 -39 -19
Consolidated Net Income / (Loss)		 -1.11 -14 -39 -19
Depreciation Expense		 - 0.79 0.71 0.69
Amortization Expense		 - 4.01 2.19 1.54
Non-Cash Adjustments To Reconcile Net Income		 -2.93 -2.13 20 15
Changes in Operating Assets and Liabilities, net		 3.29 -3.53 20 8.90
Net Cash From Investing Activities		 -3.00 1.44 -0.57 -0.48
Net Cash From Continuing Investing Activities		 -3.00 1.44 -0.57 -0.48
Purchase of Property, Plant & Equipment		 - -0.29 -0.58 -0.48
Purchase of Investments		 -3.00 0.00 -0.03 0.00
Sale of Property, Plant & Equipment		 - 0.04 0.00 0.00
Divestitures		 - 0.00 0.04 0.00
Net Cash From Financing Activities		 3.00 -1.20 2.02 4.03
Net Cash From Continuing Financing Activities		 3.00 -1.20 2.02 4.03
Repayment of Debt		 - -4.66 -2.41 -1.67
Issuance of Debt		 0.00 3.46 4.42 5.70
Cash Interest Paid		 - 1.82 1.07 0.06
Cash Income Taxes Paid		 - 0.76 -0.45 -0.32

Quarterly Cash Flow Statements for Currenc Group

This table details how cash moves in and out of Currenc Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 -11 -3.87 0.24 -0.00 -9.82 15 -1.52
Net Cash From Operating Activities		 -11 -4.44 -0.22 -0.08 -11 15 -1.49
Net Cash From Continuing Operating Activities		 -11 -4.44 -0.22 -0.08 -11 15 -1.49
Net Income / (Loss) Continuing Operations		 -12 -3.97 -2.63 0.17 -12 -28 -4.49
Consolidated Net Income / (Loss)		 -12 -3.97 -2.63 0.17 -12 -28 -4.49
Depreciation Expense		 - 0.19 0.18 - - 0.16 0.18
Amortization Expense		 - 0.91 0.83 - - 0.00 0.39
Non-Cash Adjustments To Reconcile Net Income		 2.15 -1.43 0.02 -0.75 -0.49 22 3.24
Changes in Operating Assets and Liabilities, net		 -4.19 -0.14 1.37 0.50 -1.55 21 -0.80
Net Cash From Investing Activities		 -108 1.62 -0.01 -0.24 -30 -0.20 -0.17
Net Cash From Continuing Investing Activities		 -108 1.62 -0.01 -0.24 -30 -0.20 -0.17
Purchase of Property, Plant & Equipment		 - - -0.01 - - - -0.18
Sale of Property, Plant & Equipment		 - - 0.00 - - - 0.00
Sale and/or Maturity of Investments		 - - 0.00 - - - 0.00
Net Cash From Financing Activities		 108 -1.05 0.47 0.31 32 -0.16 0.14
Net Cash From Continuing Financing Activities		 108 -1.05 0.47 0.31 32 -0.16 0.14
Repayment of Debt		 - -1.26 -0.71 - - -0.73 -0.22
Issuance of Debt		 2.76 0.63 1.23 0.07 3.68 0.43 0.43
Other Financing Activities, net		 -1.03 - -0.05 0.24 -0.70 - -0.07
Cash Interest Paid		 - 0.65 0.35 - - 0.10 0.05
Cash Income Taxes Paid		 - 0.79 -0.02 - - -0.10 -0.14

Annual Balance Sheets for Currenc Group

This table presents Currenc Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024 2025
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 205 209 141 105 114
Total Current Assets		 1.63 0.37 103 87 101
Cash & Equivalents		 1.03 0.27 49 64 75
Restricted Cash		 - - 5.43 0.04 0.03
Accounts Receivable		 - - 9.74 2.68 2.27
Prepaid Expenses		 0.60 0.09 34 21 23
Plant, Property, & Equipment, net		 0.00 0.00 1.02 1.06 1.04
Total Noncurrent Assets		 203 209 37 16 12
Goodwill		 - - 27 12 9.73
Intangible Assets		 - - 9.19 3.39 1.85
Noncurrent Deferred & Refundable Income Taxes		 - - 0.66 0.34 0.23
Other Noncurrent Operating Assets		 203 209 0.25 0.35 0.20
Total Liabilities & Shareholders' Equity		 205 209 141 105 114
Total Liabilities		 6.08 8.85 178 146 95
Total Current Liabilities		 0.08 2.85 174 145 90
Short-Term Debt		 - - 28 22 12
Accounts Payable		 0.00 - 54 55 64
Other Current Liabilities		 - 2.85 92 68 15
Total Noncurrent Liabilities		 6.00 6.00 3.81 1.08 5.15
Long-Term Debt		 - - 2.51 0.00 4.60
Noncurrent Deferred & Payable Income Tax Liabilities		 - - 1.25 0.88 0.51
Noncurrent Employee Benefit Liabilities		 6.00 6.00 0.06 0.05 0.00
Other Noncurrent Operating Liabilities		 - - 0.00 0.16 0.04
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -4.44 -8.49 -39 -42 19
Total Preferred & Common Equity		 -4.44 -8.49 -63 -66 -5.67
Total Common Equity		 -4.44 -8.49 -63 -66 -5.67
Common Stock		 0.00 0.00 29 66 144
Retained Earnings		 -4.44 -8.49 -92 -132 -150
Accumulated Other Comprehensive Income / (Loss)		 - - 0.09 -0.11 0.48
Noncontrolling Interest		 - - 24 24 24

Quarterly Balance Sheets for Currenc Group

This table presents Currenc Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 82 55 55 115 111
Total Current Assets		 0.08 0.01 0.01 83 94
Cash & Equivalents		 0.08 0.01 0.01 49 62
Restricted Cash		 - - - 0.04 0.04
Accounts Receivable		 - - - 6.47 2.55
Prepaid Expenses		 0.00 - - 27 26
Other Current Assets		 - - - 0.00 3.17
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.96 1.12
Total Noncurrent Assets		 82 55 55 31 16
Goodwill		 - - - 27 12
Intangible Assets		 - - - 3.77 3.00
Noncurrent Deferred & Refundable Income Taxes		 - - - 0.68 0.34
Other Noncurrent Operating Assets		 82 55 55 0.03 0.29
Total Liabilities & Shareholders' Equity		 82 55 55 115 111
Total Liabilities		 10 11 11 138 155
Total Current Liabilities		 4.25 4.88 5.42 137 154
Short-Term Debt		 - 0.24 0.32 22 22
Accounts Payable		 - - - 36 51
Other Current Liabilities		 4.25 0.33 0.33 79 80
Total Noncurrent Liabilities		 6.00 6.00 6.00 1.04 0.94
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - 0.97 0.78
Noncurrent Employee Benefit Liabilities		 6.00 6.00 6.00 0.06 0.04
Other Noncurrent Operating Liabilities		 - - - 0.01 0.11
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -10 -11 -11 -23 -44
Total Preferred & Common Equity		 -10 -11 -11 -47 -68
Total Common Equity		 -10 -11 -11 -47 -68
Common Stock		 0.00 0.00 0.00 57 68
Retained Earnings		 -10 -11 -11 -104 -136
Accumulated Other Comprehensive Income / (Loss)		 - - - -0.16 0.01
Noncontrolling Interest		 - - - 24 24

Annual Metrics And Ratios for Currenc Group

This table displays calculated financial ratios and metrics derived from Currenc Group's official financial filings.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 25,832,963.00 13,241,508.00 46,527,999.00 76,611,444.00
DEI Adjusted Shares Outstanding		 25,832,963.00 13,241,508.00 46,527,999.00 76,611,444.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.04 -1.16 -0.85 -0.24
Growth Metrics		 - - - -
Revenue Growth		 0.00% 0.00% -12.81% -18.57%
EBITDA Growth		 0.00% -124.90% -286.89% 54.19%
EBIT Growth		 0.00% -243.57% -174.10% 51.81%
NOPAT Growth		 0.00% -64.33% -311.93% 71.01%
Net Income Growth		 0.00% -1,196.61% -169.30% 52.34%
EPS Growth		 0.00% -462.50% -128.89% 70.87%
Operating Cash Flow Growth		 0.00% -1,920.11% 122.57% 127.93%
Free Cash Flow Firm Growth		 0.00% 0.00% -98.27% -1,207.81%
Invested Capital Growth		 0.00% -130.03% -39.25% 52.06%
Revenue Q/Q Growth		 0.00% 318.13% 3,244.26% 0.00%
EBITDA Q/Q Growth		 0.00% -96.45% -128.36% 0.00%
EBIT Q/Q Growth		 0.00% -200.11% -147.16% 0.00%
NOPAT Q/Q Growth		 0.00% -43.54% -24.36% 0.00%
Net Income Q/Q Growth		 0.00% -825.00% -4,041.11% 0.00%
EPS Q/Q Growth		 0.00% 0.00% -421.88% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% -37.99% 350.08% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% -95.83% 0.00%
Invested Capital Q/Q Growth		 0.00% -183.85% -67.60% 0.00%
Profitability Metrics		 - - - -
Gross Margin		 0.00% 32.59% 31.42% 40.77%
EBITDA Margin		 0.00% -17.08% -75.78% -42.63%
Operating Margin		 0.00% -12.48% -58.95% -20.99%
EBIT Margin		 0.00% -26.09% -82.02% -48.54%
Profit (Net Income) Margin		 0.00% -27.07% -83.61% -48.93%
Tax Burden Percent		 100.00% 103.77% 101.51% 100.81%
Interest Burden Percent		 27.50% 100.00% 100.43% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% -6.64% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 74.05% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -10.91% 0.00% 0.00%
Return on Equity (ROE)		 -0.56% -17.55% 99.63% 160.17%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% -7.92% -30.94% -16.78%
Return on Assets (ROA)		 0.00% -8.22% -31.54% -16.92%
Return on Common Equity (ROCE)		 0.02% 7.61% 164.57% 496.74%
Return on Equity Simple (ROE_SIMPLE)		 13.10% 22.97% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -2.83 -4.65 -19 -5.56
NOPAT Margin		 0.00% -8.74% -41.27% -14.69%
Net Nonoperating Expense Percent (NNEP)		 633.21% -80.69% -59.68% -25.70%
Return On Investment Capital (ROIC_SIMPLE)		 - 52.67% 96.51% -15.81%
Cost of Revenue to Revenue		 0.00% 67.41% 68.58% 59.23%
SG&A Expenses to Revenue		 0.00% 45.07% 90.73% 61.76%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 45.07% 90.73% 61.76%
Earnings before Interest and Taxes (EBIT)		 -4.04 -14 -38 -18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -4.04 -9.10 -35 -16
Valuation Ratios		 - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.00 0.00 1.80 2.20
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 2.38 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 1.42 1.29
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 19.13 6.21
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 14.89 0.00
Leverage & Solvency		 - - - -
Debt to Equity		 0.00 -0.84 -0.52 0.88
Long-Term Debt to Equity		 0.00 -0.07 0.00 0.25
Financial Leverage		 0.00 -0.15 0.85 4.36
Leverage Ratio		 1.04 2.14 -3.16 -9.47
Compound Leverage Factor		 0.29 2.14 -3.17 -9.47
Debt to Total Capital		 0.00% -516.00% -110.29% 46.92%
Short-Term Debt to Total Capital		 0.00% -473.32% -110.29% 33.83%
Long-Term Debt to Total Capital		 0.00% -42.68% 0.00% 13.09%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 104.23% -452.34% -122.04% 69.21%
Common Equity to Total Capital		 -4.23% 1,068.34% 332.33% -16.13%
Debt to EBITDA		 0.00 -3.33 -0.62 -1.02
Net Debt to EBITDA		 0.00 2.63 1.19 3.65
Long-Term Debt to EBITDA		 0.00 -0.28 0.00 -0.29
Debt to NOPAT		 0.00 -6.52 -1.14 -2.97
Net Debt to NOPAT		 0.00 5.14 2.19 10.58
Long-Term Debt to NOPAT		 0.00 -0.54 0.00 -0.83
Altman Z-Score		 18.00 0.00 -2.84 -1.40
Noncontrolling Interest Sharing Ratio		 103.24% 143.37% -65.18% -210.13%
Liquidity Ratios		 - - - -
Current Ratio		 0.13 0.59 0.60 1.12
Quick Ratio		 0.10 0.34 0.46 0.86
Cash Flow Metrics		 - - - -
Free Cash Flow to Firm (FCFF)		 0.00 256 4.44 -49
Operating Cash Flow to CapEx		 0.00% -5,990.55% 598.30% 1,643.68%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - -
Asset Turnover		 0.00 0.30 0.38 0.35
Accounts Receivable Turnover		 0.00 0.00 7.48 15.28
Inventory Turnover		 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 44.82 36.12
Accounts Payable Turnover		 0.00 0.00 0.58 0.38
Days Sales Outstanding (DSO)		 0.00 0.00 48.79 23.88
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 626.52 970.80
Cash Conversion Cycle (CCC)		 0.00 0.00 -577.73 -946.92
Capital & Investment Metrics		 - - - -
Invested Capital		 200 -60 -84 -40
Invested Capital Turnover		 0.00 0.76 -0.65 -0.61
Increase / (Decrease) in Invested Capital		 0.00 -260 -24 44
Enterprise Value (EV)		 476 0.00 66 49
Market Capitalization		 268 0.00 84 83
Book Value per Share		 ($0.33) ($4.74) ($1.42) ($0.12)
Tangible Book Value per Share		 ($0.33) ($7.47) ($1.75) ($0.37)
Total Capital		 200 -5.87 -20 35
Total Debt		 0.00 30 22 16
Total Long-Term Debt		 0.00 2.51 0.00 4.60
Net Debt		 -0.27 -24 -42 -59
Capital Expenditures (CapEx)		 0.00 0.26 0.58 0.48
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -2.76 -97 -100 -53
Debt-free Net Working Capital (DFNWC)		 -2.49 -43 -36 23
Net Working Capital (NWC)		 -2.49 -71 -58 11
Net Nonoperating Expense (NNE)		 -1.72 9.77 20 13
Net Nonoperating Obligations (NNO)		 -0.27 -24 -42 -59
Total Depreciation and Amortization (D&A)		 0.00 4.80 2.90 2.23
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -182.03% -214.99% -139.18%
Debt-free Net Working Capital to Revenue		 0.00% -80.17% -77.46% 59.90%
Net Working Capital to Revenue		 0.00% -132.38% -124.63% 28.46%
Earnings Adjustments		 - - - -
Adjusted Basic Earnings per Share		 ($0.08) $0.40 ($1.03) ($0.30)
Adjusted Weighted Average Basic Shares Outstanding		 25.83M 15.86M 38.16M 61.47M
Adjusted Diluted Earnings per Share		 $0.00 $0.40 ($1.03) ($0.30)
Adjusted Weighted Average Diluted Shares Outstanding		 15.42M 15.86M 38.16M 61.47M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 15.42M 10.58M 0.00 76.61M
Normalized Net Operating Profit after Tax (NOPAT)		 -2.83 -4.65 -19 -5.56
Normalized NOPAT Margin		 0.00% -8.74% -41.27% -14.69%
Pre Tax Income Margin		 0.00% -26.09% -82.37% -48.54%
Debt Service Ratios		 - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00
Payout Ratios		 - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Currenc Group

This table displays calculated financial ratios and metrics derived from Currenc Group's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
DEI Shares Outstanding		 15,417,511.00 13,241,508.00 10,580,104.00 10,580,104.00 10,576,150.00 46,527,999.00 46,527,999.00
DEI Adjusted Shares Outstanding		 15,417,511.00 13,241,508.00 10,580,104.00 10,580,104.00 10,576,150.00 46,527,999.00 46,527,999.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.25 -1.00 -0.29 0.02 -0.47 -0.68 -0.10
Growth Metrics		 - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00% -11.60% -45.53% -23.26%
EBITDA Growth		 -220.87% -76.70% -144.19% -8.10% -37.53% -345.47% -150.78%
EBIT Growth		 -220.87% -170.11% -304.70% -8.10% -37.53% -196.40% -73.28%
NOPAT Growth		 -106.98% -89.08% -57.12% -8.10% -588.14% -196.40% -204.15%
Net Income Growth		 -1,787.09% -2,397.88% -363.66% -75.89% -31.62% -154.39% -70.50%
EPS Growth		 -450.00% 0.00% -190.00% -60.00% -18.18% -57.41% -44.44%
Operating Cash Flow Growth		 -3,771.24% -1,802.05% -70.09% 63.24% -7.71% 440.44% -573.35%
Free Cash Flow Firm Growth		 162.41% 0.00% -54.11% -51.35% -10.19% -93.43% 162.46%
Invested Capital Growth		 -63.49% -130.03% -52.62% -52.96% -169.67% -39.25% -292.39%
Revenue Q/Q Growth		 0.00% 218.13% -67.66% 0.00% 0.00% 96.02% -71.41%
EBITDA Q/Q Growth		 -622.29% 41.65% 26.20% -49.60% -818.94% -89.01% 62.70%
EBIT Q/Q Growth		 -622.29% 10.80% 19.98% -49.60% -818.94% -92.25% 57.93%
NOPAT Q/Q Growth		 -226.15% -38.28% 55.62% -49.60% -1,976.24% 40.44% 59.04%
Net Income Q/Q Growth		 -628.46% -223.00% 78.64% -70.51% -2,985.05% -524.27% 87.02%
EPS Q/Q Growth		 -210.00% -390.91% 83.33% -60.00% -425.00% -553.85% 87.50%
Operating Cash Flow Q/Q Growth		 -5,033.56% 57.74% 95.03% 72.70% -14,939.92% 233.58% -109.84%
Free Cash Flow Firm Q/Q Growth		 21.17% 109.73% -81.51% 2.18% 123.67% -84.65% 672.38%
Invested Capital Q/Q Growth		 -23.96% -183.85% 172.96% 1.12% -212.62% -67.60% -0.80%
Profitability Metrics		 - - - - - - -
Gross Margin		 32.50% 32.62% 33.63% 0.00% 27.84% 31.94% 31.84%
EBITDA Margin		 -28.18% -5.17% -11.79% 0.00% -43.83% -42.27% -38.54%
Operating Margin		 -18.18% -7.90% -10.84% 0.00% -141.48% -42.99% -42.97%
EBIT Margin		 -28.18% -7.90% -19.55% 0.00% -43.83% -42.99% -44.14%
Profit (Net Income) Margin		 -29.95% -30.41% -20.08% 0.00% -44.60% -142.03% -44.63%
Tax Burden Percent		 106.31% 102.47% 102.75% 100.00% 101.74% 101.36% 101.09%
Interest Burden Percent		 100.00% 375.68% 100.00% -32.41% 100.00% 325.94% 100.01%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -1.21% -4.21% -7.38% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 692.94% 79.10% -3,618.19% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -1.63% -11.66% -2.41% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -2.84% -15.86% -9.79% 3.17% 4.02% 99.63% 27,468.11%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 63.77% 69.45% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 -2.50% -2.40% -16.58% 0.00% 0.00% -16.22% -23.17%
Return on Assets (ROA)		 -2.66% -9.23% -17.03% 0.00% 0.00% -53.58% -23.43%
Return on Common Equity (ROCE)		 0.18% 6.88% 1.44% -0.48% -4.68% 164.57% 7,350,029.04%
Return on Equity Simple (ROE_SIMPLE)		 15.32% 0.00% 165.96% -19.20% -2.10% 0.00% 59.49%
Net Operating Profit after Tax (NOPAT)		 -1.62 -2.24 -0.99 -0.54 -11 -6.64 -3.02
NOPAT Margin		 -12.72% -5.53% -7.59% 0.00% -99.03% -30.09% -30.08%
Net Nonoperating Expense Percent (NNEP)		 -694.15% -83.30% 3,610.81% -480.98% 44.91% -74.98% -7.27%
Return On Investment Capital (ROIC_SIMPLE)		 - 25.37% 9.35% - - 33.45% 13.72%
Cost of Revenue to Revenue		 67.50% 67.38% 66.37% 0.00% 72.16% 68.06% 68.16%
SG&A Expenses to Revenue		 50.67% 0.00% 44.48% 0.00% 169.32% 0.00% 74.81%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 50.67% 40.52% 44.48% 0.00% 169.32% 75.67% 74.81%
Earnings before Interest and Taxes (EBIT)		 -3.59 -3.20 -2.56 -0.54 -4.94 -9.49 -4.44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -3.59 -2.09 -1.55 -0.54 -4.94 -9.33 -3.88
Valuation Ratios		 - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.00 1.80 1.62
Price to Earnings (P/E)		 0.00 0.00 0.00 56.29 24.92 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 1.78% 4.01% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 4.04 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 1.42 1.25
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 19.13 24.85
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 3.72 0.22 14.89 0.51
Leverage & Solvency		 - - - - - - -
Debt to Equity		 0.00 -0.84 0.01 0.01 -0.96 -0.52 -0.50
Long-Term Debt to Equity		 0.00 -0.07 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.00 -0.15 0.00 0.00 -0.56 0.85 135.82
Leverage Ratio		 1.07 2.14 1.15 1.15 4.02 -3.16 -557.95
Compound Leverage Factor		 1.07 8.02 1.15 -0.37 4.02 -10.29 -558.00
Debt to Total Capital		 0.00% -516.00% 0.55% 0.71% -2,583.29% -110.29% -99.23%
Short-Term Debt to Total Capital		 0.00% -473.32% 0.55% 0.71% -2,583.29% -110.29% -99.23%
Long-Term Debt to Total Capital		 0.00% -42.68% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 114.17% -452.34% 124.24% 125.01% -2,858.53% -122.04% -110.93%
Common Equity to Total Capital		 -14.17% 1,068.34% -24.79% -25.73% 5,541.82% 332.33% 310.16%
Debt to EBITDA		 0.00 -3.33 -0.03 -0.18 -1.42 -0.62 -0.58
Net Debt to EBITDA		 0.00 2.63 -0.03 -0.17 1.77 1.19 1.07
Long-Term Debt to EBITDA		 0.00 -0.28 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 -6.52 -0.05 -0.18 -1.42 -1.14 -1.03
Net Debt to NOPAT		 0.00 5.14 -0.04 -0.17 1.77 2.19 1.91
Long-Term Debt to NOPAT		 0.00 -0.54 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 0.00 0.00 0.00 6.04 -1.87 -1.93 -1.84
Noncontrolling Interest Sharing Ratio		 106.50% 143.37% 114.67% 115.20% 216.48% -65.18% -26,658.41%
Liquidity Ratios		 - - - - - - -
Current Ratio		 0.02 0.59 0.00 0.00 0.60 0.60 0.61
Quick Ratio		 0.02 0.34 0.00 0.00 0.41 0.46 0.42
Cash Flow Metrics		 - - - - - - -
Free Cash Flow to Firm (FCFF)		 123 258 48 49 110 17 125
Operating Cash Flow to CapEx		 0.00% 0.00% -1,832.58% 0.00% 0.00% 0.00% -852.37%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - -
Asset Turnover		 0.09 0.30 0.85 0.00 0.00 0.38 0.53
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 7.48 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 44.82 0.00
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 0.58 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 48.79 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 626.52 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 -577.73 0.00
Capital & Investment Metrics		 - - - - - - -
Invested Capital		 72 -60 44 44 -50 -84 -84
Invested Capital Turnover		 0.10 0.76 0.97 0.00 0.00 -0.65 -2.14
Increase / (Decrease) in Invested Capital		 -125 -260 -49 -50 -122 -24 -128
Enterprise Value (EV)		 0.00 0.00 0.00 179 23 66 54
Market Capitalization		 0.00 0.00 0.00 123 26 84 70
Book Value per Share		 ($0.66) ($4.74) ($1.03) ($1.08) ($4.44) ($1.42) ($1.47)
Tangible Book Value per Share		 ($0.66) ($7.47) ($1.03) ($1.08) ($7.35) ($1.75) ($1.79)
Total Capital		 72 -5.87 44 44 -0.85 -20 -22
Total Debt		 0.00 30 0.24 0.32 22 22 22
Total Long-Term Debt		 0.00 2.51 0.00 0.00 0.00 0.00 0.00
Net Debt		 -0.08 -24 0.23 0.31 -27 -42 -40
Capital Expenditures (CapEx)		 0.00 0.00 0.01 0.00 0.00 0.00 0.17
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -4.25 -97 -4.64 -5.10 -81 -100 -100
Debt-free Net Working Capital (DFNWC)		 -4.17 -43 -4.63 -5.10 -32 -36 -38
Net Working Capital (NWC)		 -4.17 -71 -4.88 -5.41 -54 -58 -60
Net Nonoperating Expense (NNE)		 2.19 10 1.64 -0.71 -6.13 25 1.46
Net Nonoperating Obligations (NNO)		 -0.08 -24 0.23 0.31 -27 -42 -40
Total Depreciation and Amortization (D&A)		 0.00 1.11 1.02 0.00 0.00 0.16 0.56
Debt-free, Cash-free Net Working Capital to Revenue		 -33.38% -182.03% -7.00% 0.00% 0.00% -214.99% -231.11%
Debt-free Net Working Capital to Revenue		 -32.75% -80.17% -6.98% 0.00% 0.00% -77.46% -87.43%
Net Working Capital to Revenue		 -32.75% -132.38% -7.35% 0.00% 0.00% -124.63% -137.85%
Earnings Adjustments		 - - - - - - -
Adjusted Basic Earnings per Share		 $0.10 ($0.54) $0.00 $0.04 ($0.13) ($0.85) ($0.13)
Adjusted Weighted Average Basic Shares Outstanding		 14.47M 33.98M 11.93M 10.58M 38.16M 38.16M 35.37M
Adjusted Diluted Earnings per Share		 $0.10 ($0.54) $0.10 $0.04 ($0.13) ($0.85) ($0.13)
Adjusted Weighted Average Diluted Shares Outstanding		 14.47M 33.98M 11.93M 10.58M 38.16M 38.16M 35.37M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 13.24M 10.58M 10.58M 10.58M 46.53M 0.00 46.53M
Normalized Net Operating Profit after Tax (NOPAT)		 -1.62 -2.24 -0.99 -0.38 -11 -6.64 -3.02
Normalized NOPAT Margin		 -12.72% -5.53% -7.59% 0.00% -99.03% -30.09% -30.08%
Pre Tax Income Margin		 -28.18% -29.68% -19.55% 0.00% -43.83% -140.12% -44.14%
Debt Service Ratios		 - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 2,468.69% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Currenc Group’s Q1 2025 statements show improved profitability compared with the exceptionally weak fourth quarter of 2024, but the company remains unprofitable, cash-flow negative and significantly undercapitalized. The results also show substantial volatility in revenue, expenses and financing activity, making it difficult to establish a consistent operating trend.

  • Net loss narrowed materially. Q1 2025 net loss attributable to common shareholders was $4.7 million, or $0.13 per share, compared with a $31.7 million loss, or $0.85 per share, in Q4 2024. The fourth-quarter result included a $21.3 million net other expense.
  • Operating expenses improved sequentially. Operating expenses declined to $7.5 million in Q1 2025 from $16.7 million in Q4 2024 and $19.1 million in Q3 2024. This helped reduce the operating loss to $4.3 million from $9.5 million in Q4 and $15.9 million in Q3.
  • Gross margin remained relatively stable. Gross profit was $3.2 million on $10.1 million of revenue, representing a margin of approximately 31.8%. This was broadly consistent with the 31.9% margin in Q4 2024 and above the 27.8% margin reported in Q3 2024.
  • Cash reserves are considerably stronger than earlier in 2024. Cash and equivalents increased to $62.3 million at March 31, 2025, compared with just $8,780 at June 30, 2024 and $49.1 million at September 30, 2024. The improvement provides more near-term liquidity, although the cash balance must be considered alongside substantial liabilities.
  • Cash usage from operations moderated in Q1 2025. Operating cash outflow was $1.5 million, an improvement from the $11.3 million outflow in Q3 2024 and $4.4 million outflow in Q4 2023. Noncash adjustments of $3.2 million helped offset the reported net loss.
  • Debt activity was modestly supportive of liquidity. Currenc Group issued $433,000 of debt and repaid $219,000 during Q1 2025, resulting in $142,000 of net cash from financing activities. This is a small source of funding relative to the company’s operating needs.
  • Revenue remains volatile and below the prior-year level. Q1 2025 revenue was $10.1 million, down from $22.1 million in Q4 2024 and $13.1 million in Q1 2024. The sequential decline was partly offset by lower expenses, but it indicates that the company has not yet demonstrated consistent top-line growth.
  • The company continues to report operating and net losses. Q1 2025 operating loss was $4.3 million and net loss attributable to common shareholders was $4.7 million. Currenc Group also reported common-shareholder losses in Q3 and Q4 2024 and Q1 2024.
  • Liquidity is weak relative to current obligations. Q1 2025 current assets totaled $93.9 million, while current liabilities were $153.7 million, producing a current ratio of approximately 0.61. Accounts payable were $51.4 million and other current liabilities were $80.5 million, substantially exceeding cash and equivalents.
  • Shareholders’ equity is deeply negative. Total assets were $110.8 million versus total liabilities of $154.7 million. Total equity and noncontrolling interests were negative $43.9 million, while equity attributable to common shareholders was negative $68.4 million. Retained earnings were negative $136.2 million, highlighting the company’s accumulated losses and financial risk.

One additional concern is that Q1 2025 operating cash flow remained negative despite the narrower accounting loss. The company also holds approximately $25.9 million in prepaid expenses, which may not be as immediately available as cash for meeting obligations. Investors should therefore focus on whether revenue stabilizes, operating expenses remain controlled and operating cash flow turns consistently positive.

The historical data includes calculated and restated periods, and some balance-sheet classifications changed significantly between quarters. Those factors limit direct quarter-to-quarter comparisons. Overall, Q1 2025 reflects operational improvement from the fourth quarter, but Currenc Group’s negative equity, weak current-liability coverage and continuing losses remain substantial risks for shareholders.

10/09/26 12:24 AM ETAI Generated. May Contain Errors.

Currenc Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Currenc Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Currenc Group's net income appears to be on a downward trend, with a most recent value of -$18.50 million in 2025, falling from -$1.11 million in 2022. The previous period was -$38.83 million in 2024. Find out what analysts predict for Currenc Group in the coming months.

Currenc Group's total operating income in 2025 was -$7.94 million, based on the following breakdown:
  • Total Gross Profit: $15.42 million
  • Total Operating Expenses: $23.35 million

Over the last 3 years, Currenc Group's total revenue changed from $0.00 in 2022 to $37.81 million in 2025, a change of 3,781,332,300.0%.

In the past 6 quarters, Currenc Group's cash and equivalents has ranged from $8.78 thousand in Q2 2024 to $62.30 million in Q1 2025, and is currently $62.30 million as of their latest financial filing in Q1 2025.

Currenc Group had total debt of $16.49 million at the end of 2025, a 24.7% decrease from 2024, and none in 2022.

Over the last 3 years, Currenc Group's book value per share changed from -0.33 in 2022 to -0.12 in 2025, a change of 62.9%.


Related Companies

Financial statements for NASDAQ:CURR last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
The $15 Gold Fund That Pays Up to $1,152/Month
Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying...
Investors Alley | Sponsoredtc pixel
ALERT: Drop these 5 stocks before the market opens tomorrow!
The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings researc...
Weiss Ratings | Sponsoredtc pixel
Trump's New Dollar
Porter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. doll...
Porter & Company | Sponsoredtc pixel
Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid
A small Colorado company has secured rights to technology that could prevent the U.S. public power grid from c...
Altimetry | Sponsoredtc pixel
Ready to give options a try? Your first trade (Ticker included) -INSIDE
Tired of trying tactic after tactic when it comes to options trades... only to be met with market noise and st...
Base Camp Trading | Sponsoredtc pixel
The end may be near for these iconic stocks
Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are ...
Chaikin Analytics | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
Here’s the stock symbol I’ve promised
Whitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - b...
Stansberry Research | Sponsoredtc pixel