Currenc Group Inc. Ordinary Shares

Currenc Group Inc. Ordinary Shares

CURR · NASDAQ · Technology / Software - Application

1.81USD+0.06 (+3.43%)

Price History

Full chart

Market Stats

Previous Close1.75
Open1.78
Day Range1.72 – 1.86
52-Week Range1.31 – 4.73
Volume23.19K
Market Cap336.85M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.30
Dividend Yield0.00%
Beta0.12
50-Day Avg3.40
200-Day Avg2.77

About

CURRENC Group Inc., an investment holding company, engages in the provision of money transfer and airtime trading services in Malaysia and Indonesia. It operates in two segments, Remittance Services and Sales of Airtime. The company offers cross-border remittance solutions for financial institutions and payment providers, cross-border payments for non-financial businesses, airtime transfer, and retail telecom credit recharge services. It is also involved in business center operations; development of AI call center solutions and system integration; provision of international airtime reloads; technical and maintenance services; money remittance; providing and sourcing airtime and other related services; and the research, development, and commercialization of the Treatsup application, as well as the provision of implementation, technical, and maintenance services related to the application. In addition, the company provides a single unified application programming interface for licensed banks and money service operators, and acts as a settlement agent for cross-border money transfers, as well as cross-border airtime wholesale and transfer services. Further, it operates WalletKu, an independent electronic platform that allows customers to purchase airtime, conduct internet data top-ups, cash top-ups, transfers, and utility bill payments. The company is headquartered in Singapore.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. King Ong Kong
  • Employees293
  • Headquarters410 North Bridge Road, Singapore, Singapore, 188726, USA
  • Websitehttps://investors.currencgroup.com

Leadership

  • Mr. King Ong KongCEO, Founder & Executive Chairman of the Board · b. 1972
  • Mr. Wan Lung EngCFO & Executive Director · b. 1977

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue251.83K183.43K84.17K180.40K583.94K623.00K61.56M57.50M55.50M53.26M46.44M37.81M
Growth (%)--27.16%-54.12%+114.35%+223.69%+6.69%+9782.00%-6.60%-3.48%-4.05%-12.81%-18.57%
Cost of Revenue205.12K117.01K153.33K180.63K279.92K231.00K45.57M39.60M39.88M35.90M31.84M22.40M
Gross Profit46.71K66.42K-69.17K-225304.02K392.00K15.99M17.90M15.62M17.36M14.59M15.42M
Gross Margin18.55%36.21%-82.18%-0.12%52.06%62.92%25.97%31.12%28.14%32.59%31.42%40.77%
Operating Expense796.39K1.60M3.86M7.34M7.86M12.43M16.40M17.86M25.63M24.00M41.97M23.35M
Operating Income-749.68K-1.54M-3.93M-7.34M-7.56M-12.04M-405.98K39.72K-10.01M-6.65M-27.38M-7.94M
Operating Margin-297.69%-837.12%-4664.94%-4069.81%-1294.26%-1931.78%-0.66%0.07%-18.04%-12.48%-58.96%-20.99%
EBITDA-598.48K-1.27M-3.86M-7.15M-7.28M-13.46M6.90M5.39M--1.90M-26.53M-13.01M
EBITDA Margin-237.65%-693.48%-4586.20%-3961.48%-1246.32%-2160.67%11.21%9.37%--3.57%-57.13%-34.41%
Net Income-580.00K-1.60M-4.16M-8.15M-10.40M-24.90M-6.72M-14.85M-16.68M-15.31M-39.48M-18.43M
Net Income Margin-230.31%-873.94%-4939.68%-4517.57%-1781.07%-3996.63%-10.92%-25.82%-30.05%-28.74%-85.01%-48.74%
R&D663.90K681.70K753.37K1.43M1.41M2.31M2.79M2.37M-58.00K--
R&D as % of Total Revenue263.63%371.64%895.11%791.19%241.22%370.47%4.53%4.12%-0.11%--
Interest Expense84.84K173.46K121.57K1.58M3.04M4.11M4.65M11.54M8.20M8.00M8.52M3.11M
Interest Expense % of Total Revenue33.69%94.57%144.44%877.02%520.14%659.87%7.56%20.07%14.77%15.03%18.34%8.23%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.86M1.82M2.84M2.10M3.40M32.46M135.33M136.78M160.59M141.49M108.47M114.07M
Total Liabilities4.10M5.66M1.12M4.09M8.55M18.95M137.93M144.88M182.37M177.68M150.23M95.41M
Total Equity-2.23M-3.83M1.72M-2.04M-5.17M13.51M-22.65M-30.81M-47.48M-62.76M-65.99M-5.67M
Cash4.21K13.35K1.11M108.25K500.96K4.10M61.10M62.75M62.80M48.52M63.82M75.24M
Total Debt2.45M3.97M92.73K2.40M6.27M790.00K34.05M24.52M-31.94M22.49M16.97M
Net Debt2.45M3.95M-1.01M2.29M5.77M-3.31M-27.05M-38.24M--16.57M-41.33M-58.27M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-318.91K-402.09K-3.52M-3.56M-4.10M-8.10M-9.72M12.08M8.68M-15.29M3.45M7.86M
Investing Cash Flow-250.97K-270.37K-206.77K-88.92K-137.79K7.57M-131.00K-406.34K-1.44M-565.03K-478.44K
Financing Cash Flow477.82K681.61K4.82M2.65M4.63M4.13M7.48M-10.12M-5.77M-1.20M2.02M4.03M
Capital Expenditure250.97K252.43K168.06K149.62K137.79K458.00K688.00K405.88K532.33K291.86K576.67K479.03K
Free Cash Flow-569.88K-654.52K-3.68M-3.71M-4.24M-8.56M-10.41M11.67M8.15M-15.58M2.87M7.38M
Dividends Paid--------1.91M1.91M--
FCF to OCF178.70%162.78%104.78%104.21%103.36%105.65%107.08%96.64%93.87%101.91%83.29%93.91%
Dividend Paid to FCF--------23.46%-12.27%--

Earnings

Report DateNov 23, 2021Mar 23, 2022Mar 31, 2022Jun 30, 2022Nov 9, 2022Mar 22, 2023May 11, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Aug 16, 2024Nov 18, 2024Dec 31, 2024May 20, 2025Aug 5, 2025Nov 10, 2025Jun 30, 2026Sep 28, 2026
EPS Estimate0.000.00------------0.05-0.04-0.04-0.12-0.11-
EPS Actual0.00-0.01-0.02-0.04-0.010.020.050.050.050.060.050.02-0.13-0.70-0.13-0.100.05-0.13-0.10
Surprise--------------1300.00%-225.00%-150.00%141.67%-18.18%-
Timing-----------After-hoursAfter-hours-After-hoursPre-marketPre-market--

Key Statistics & Ratios

Market Cap336.85M
Enterprise Value285.29M
Trailing P/E0.00
Forward P/E0.00
Price / Sales8.91
Price / Book949.68
EPS-0.30
Book Value-0.074
Revenue (TTM)37.81M
Gross Profit (TTM)15.42M
EBITDA-5.90M
Profit Margin-48.74%
Operating Margin-46.55%
Return on Equity-3503.99%
Return on Assets-4.54%
Shares Outstanding112.28M
Shares Float36.49M
Beta0.12
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 1 analystsTarget 3.50
  • Buy
    1

Ownership Breakdown

Institutions
0.91%
Insiders
63.36%
Retail / Other
35.73%

Top Institutional Holders

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    22.87K0.02%
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  • CWM, LLC duplicate
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  • JPMorgan Chase & Co
    1180.00%
  • SBI Securities Co Ltd
    750.00%
  • Citigroup Inc
    10.00%
  • Quadrature Capital Limited
    00.00%
  • Marshall Wace Asset Management Ltd
    00.00%
  • Virtu Financial LLC
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    54.40K0.05%