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Currenc Group (CURR) Financials

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$2.93 +0.08 (+2.67%)
As of 02:41 PM Eastern
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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 latest quarter shows a mixed picture: improving revenue and a stronger balance sheet compared with the prior quarter, but the company is still losing money and carrying a heavily negative equity position.

  • Revenue rebounded sharply in Q1 2025. Total revenue rose to $10.1 million, up from $22.1 million in Q4 2024? Actually, compared with the more comparable recent quarters, revenue was above Q2 2024’s $0 and Q3 2024’s $11.3 million, but still below Q4 2024’s $22.1 million and Q1 2024’s $13.1 million. The trend suggests a business that remains active, though still volatile.
  • Gross profit remained positive. Q1 2025 gross profit was $3.2 million, showing the company can still generate profit before operating expenses.
  • Cash increased materially from the prior quarter. Cash and equivalents were $62.3 million at March 31, 2025, versus $49.1 million at the end of Q3 2024.
  • Operating cash flow improved from the prior-year quarter. Q1 2025 operating cash flow was negative $1.5 million, which is better than the negative $11.3 million in Q3 2024 and much better than the negative $220,972 in Q1 2024 on a smaller base.
  • Non-cash adjustments helped cushion losses. Depreciation, amortization, and other non-cash items added back $3.2 million in Q1 2025, partially offsetting the net loss.
  • Short-term debt remains elevated. The company reported $21.9 million of short-term debt in Q1 2025, similar to Q3 2024, so leverage is still part of the story.
  • Revenue and profit remain volatile quarter to quarter. Recent periods swung from $0 revenue in Q2 2024 to $22.1 million in Q4 2024, then to $10.1 million in Q1 2025, making it harder to treat the business as consistently predictable.
  • Balance sheet composition changed in a way that deserves attention. Prepaid expenses jumped to $25.9 million in Q1 2025, which is a meaningful asset line item that investors may want to understand.
  • The company is still unprofitable. Q1 2025 net loss attributable to common shareholders was $4.7 million, or $(0.13) per share.
  • Operating expenses continue to exceed gross profit. SG&A was $7.5 million versus $3.2 million of gross profit in Q1 2025, resulting in a $4.3 million operating loss.
  • Negative equity remains a major red flag. Total equity attributable to shareholders was negative $68.4 million in Q1 2025, reflecting accumulated losses and a weak accounting equity position.
  • Current liabilities exceed current assets. Current liabilities were $153.7 million versus current assets of $93.9 million, indicating a stretched near-term liquidity position despite the cash balance.
  • Retained earnings are deeply negative. Retained earnings stood at negative $136.2 million, underscoring the company’s long history of losses.

Bottom line: Currenc Group shows some signs of operational stabilization, especially in revenue generation and cash preservation, but the business still faces substantial challenges. Investors should focus on whether management can keep revenue moving up while narrowing operating losses and improving the balance sheet over the next several quarters.

07/14/26 02:41 PM 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 fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Currenc Group's net income appears to be on an upward trend, with a most recent value of -$18.50 million in 2025, rising 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%.

Currenc Group's total liabilities were at $95.41 million at the end of 2025, a 34.8% decrease from 2024, and a 1,470.2% increase since 2021.

In the past 4 years, Currenc Group's cash and equivalents has ranged from $271.47 thousand in 2022 to $75.24 million in 2025, and is currently $75.24 million as of their latest financial filing in 2025.

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%.


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Financial statements for NASDAQ:CURR last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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