How did CURRENC Group's revenue and expenses trend in Q3 2024?
5/9/2025 12:31am
CURRENC Group's revenue and expenses in Q3 2024 showed a consistent trend across various business segments, with total revenues amounting to $23.84 million and total expenses totaling $11.26 million:
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CURR|CURR.O|CURRENC Group|2023 Q4|-840.4258294780063|-3970689|185|
|CURR|CURR.O|CURRENC Group|2024 Q1|-40.88554032204745|590103|185|
|CURR|CURR.O|CURRENC Group|2024 Q2|-75.89098096904266|174050|185|
|CURR|CURR.O|CURRENC Group|2024 Q3|-31.619333849176645|-5021425|185|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CURR|CURR.O|CURRENC Group|2023 Q4||1.3353395E7|185|
|CURR|CURR.O|CURRENC Group|2024 Q3|-11.595222786835397|1.1259716E7|185|
The data indicates that despite the negative net income of $5.02 million, the company's revenue streams, particularly from sales of airtime and remittance services, were stable, with slight variations in product sales and ODL remittance. The consistent revenue and expense figures suggest a stable operational performance during the quarter.