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CURR

Currenc Group, Inc.

CURR

Currenc Group, Inc. • NASDAQ
$2.65 ▼ -3.28% (-0.09)
Market Cap $202.91 M
52w High $7.08
52w Low $0.33
Dividend Yield 0%
P/E -3.01
Volume 179.08K
Outstanding Shares 76.57M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $10.394M ▲ $519.576K ▼ $2.913M ▲ 28.025% ▲ $0.052 ▲ $3.659M ▲
Q2-2025 $8.712M ▼ $7.586M ▲ $-4.655M ▲ -53.433% ▼ $-0.1 ▲ $-3.407M ▼
Q1-2025 $10.056M ▼ $7.522M ▼ $-4.674M ▲ -46.485% ▲ $-0.13 ▲ $-2.789M ▲
Q4-2024 $11.065M ▼ $11.928M ▼ $-27.665M ▼ -250.026% ▼ $-0.72 ▼ $-26.222M ▼
Q3-2024 $11.26M $19.065M $-4.961M -44.06% $-0.13 $-503K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $50.733M ▼ $86.85M ▼ $62.182M ▼ $286.381K ▲
Q2-2025 $61.279M ▼ $94.547M ▼ $127.36M ▼ $-56.968M ▲
Q1-2025 $65.471M ▲ $110.758M ▲ $154.685M ▲ $-68.387M ▼
Q4-2024 $63.821M ▲ $108.47M ▼ $150.226M ▲ $-65.988M ▼
Q3-2024 $49.06M $114.965M $137.699M $-46.955M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.913M ▲ $-8.766M ▼ $-63.334K ▲ $-60.207K ▲ $-8.89M ▼ $-8.466M ▼
Q2-2025 $-4.964M ▼ $-2.151M ▼ $-125.435K ▲ $-442.067K ▼ $-2.719M ▼ $-2.277M ▼
Q1-2025 $-4.487M ▲ $-1.488M ▼ $-174.562K ▲ $141.611K ▲ $-1.521M ▼ $-1.663M ▼
Q4-2024 $-27.665M ▼ $15.122M ▲ $-199.81K ▼ $-162.556K ▼ $14.759M ▲ $14.545M ▲
Q3-2024 $-19.886M $-9.618M $-166.104K $1.941M $-7.843M $-9.419M

Five-Year Company Overview

Income Statement

Income Statement Currenc Group is still at a very early commercial stage. Revenue remains tiny and has not yet shown consistent year‑over‑year growth. Gross profit exists but is thin, and operating costs are meaningfully higher than the gross profit produced, leading to recurring operating and net losses. The pattern suggests a company still investing heavily in building products and market presence, with profitability not yet in sight.

Balance Sheet

Balance Sheet The balance sheet is small and somewhat fragile. Cash makes up a large share of total assets, which helps liquidity in the near term, but overall asset levels are low. Debt is present but not overwhelming in size; the bigger concern is that shareholder equity has turned negative, reflecting accumulated losses and a thin capital cushion. This structure leaves the company reliant on continued external support or improved performance to strengthen its financial foundation.

Cash Flow

Cash Flow Cash flow from operations has hovered around breakeven to modestly negative, indicating that the business is not yet generating self‑funding cash but also is not burning cash at an extreme rate. With essentially no capital spending, free cash flow closely tracks operating cash flow. This pattern points to tight but manageable cash usage for now, while also highlighting limited room for error if growth investments need to accelerate or results weaken.

Competitive Edge

Competitive Edge Currenc Group is trying to carve out a niche at the intersection of AI and financial services, combining an AI contact‑center platform with a cross‑border remittance network. Its focus on financial institutions and underserved markets, plus the Tranglo remittance infrastructure, provides some differentiation versus generic tech or payment players. However, it operates in intensely competitive arenas—AI solutions, digital banking, and payments—where much larger, well‑funded companies and established banks are active. The company’s ultimate competitive strength will depend on its ability to scale customers, demonstrate clear cost and service advantages, and execute partnerships like Coin Cove effectively.

Innovation and R&D

Innovation and R&D Innovation is the clear centerpiece of the strategy. The SEAMLESS AI suite (text, voice, and avatar assistants) is tightly tailored to financial services, with plans to expand into broader “AI staff for hire” uses such as HR and recruitment. The Tranglo remittance network and planned large‑scale AI data center in Malaysia add a strong infrastructure angle, potentially enabling both internal use and third‑party hosting. The proposed reverse merger with Animoca Brands and the spin‑off of existing AI and remittance assets would significantly reshape the business, creating both opportunity and complexity; successful execution of these moves is a major swing factor.

Summary

Overall, Currenc Group looks like a small, early‑stage fintech/AI platform with a bold, multi‑layer vision but still modest and loss‑making financials. Its strengths lie in specialized AI offerings for financial services, an existing remittance network, and ambitious infrastructure and partnership plans. On the other hand, negative equity, limited scale, and dependence on effective execution of large projects and corporate transactions introduce meaningful risk. Future results will largely hinge on turning its technology and network into durable, growing revenue streams while stabilizing the balance sheet and cash generation.

NEWS

November 10, 2025 · 8:30 AM UTC

Currenc Group Inc. Announces Third Quarter 2025 Unaudited Financial Results

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November 3, 2025 · 6:00 AM UTC

Currenc Group Announces Proposed Reverse Merger with Animoca Brands Corporation Limited

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October 9, 2025 · 9:20 AM UTC

Currenc Group Announces up to $33 Million Convertible Note Financing

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