MoneyLion Inc. (MLWT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
30 WEST 21ST STREET NEW YORK, NY 10010 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 92,195 | 115,864 | 201,763 | 951 | |||
| Cash and cash equivalent | 92,195 | 115,864 | 201,763 | 951 | |||
| Receivables | 120,336 | 77,688 | 131,418 | ||||
| Inventory, net of allowances, customer advances and progress billings | (454) | (465) | |||||
| Inventory | (454) | (465) | |||||
| Deferred costs | 584 | ||||||
| Other undisclosed current assets | (470) | ||||||
| Total current assets: | 212,531 | 193,098 | 332,716 | 1,064 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 1,864 | 2,976 | 1,801 | ||||
| Intangible assets, net (including goodwill) | 176,541 | 220,847 | 77,665 | ||||
| Goodwill | 26,600 | 52,541 | |||||
| Intangible assets, net (excluding goodwill) | 176,541 | 194,247 | 25,124 | ||||
| Asset, held-in-trust | 350,219 | ||||||
| Other noncurrent assets | 53,559 | 54,658 | 34,430 | ||||
| Other undisclosed noncurrent assets | 0 | ||||||
| Total noncurrent assets: | 231,964 | 278,481 | 113,896 | 350,220 | |||
| Other undisclosed assets | 70,764 | 124,763 | 44,926 | ||||
| TOTAL ASSETS: | 515,259 | 596,342 | 491,538 | 351,284 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 52,396 | 58,129 | 75,003 | 251 | |||
| Taxes payable | ✕ | ✕ | ✕ | 12 | |||
| Accrued liabilities | 240 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 52,396 | 58,129 | 75,003 | ||||
| Debt | 125,419 | 143,394 | 1 | ||||
| Total current liabilities: | 177,815 | 201,523 | 75,004 | 251 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 15,077 | 33,496 | |||||
| Other liabilities | 15,077 | 33,496 | |||||
| Other undisclosed noncurrent liabilities | 79,276 | ||||||
| Total noncurrent liabilities: | 15,077 | 33,496 | 79,276 | ||||
| Other undisclosed liabilities | 65,144 | 88,954 | 194,850 | ||||
| Total liabilities: | 258,036 | 323,973 | 269,854 | 79,528 | |||
| Temporary equity, including noncontrolling interest | 173,208 | 266,756 | |||||
| Equity | |||||||
| Equity, attributable to parent, including: | 257,223 | 99,161 | 221,684 | 5,000 | |||
| Common stock | 1 | 26 | 23 | ||||
| Treasury stock, value | (9,700) | (9,700) | (9,700) | ||||
| Additional paid in capital | 969,641 | 766,814 | 701,234 | 44,267 | |||
| Accumulated deficit | (702,719) | (657,979) | (469,873) | (39,269) | |||
| Other undisclosed equity, attributable to parent | 2 | ||||||
| Total equity: | 257,223 | 99,161 | 221,684 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 515,259 | 596,342 | 491,538 | 351,284 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 423,431 | 340,745 | 171,111 | |||
| Gross profit: | 423,431 | 340,745 | 171,111 | |||
| Operating expenses | (428,776) | (439,422) | (340,539) | |||
| Other operating expense, net (Other Expenses) | (45,878) | |||||
| Operating income (loss): | (5,345) | (98,677) | (215,306) | |||
| Nonoperating income | 8,268 | 42,613 | 431 | |||
| Investment income, nonoperating | 41,254 | |||||
| Gain, foreign currency transaction, before tax | 431 | |||||
| Other nonoperating income | 8,268 | 1,359 | ||||
| Interest and debt expense | (28,663) | (29,799) | (7,251) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (25,740) | (85,863) | (222,126) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | (20,581) | (128,837) | 161,377 | |||
| Income (loss) from continuing operations before income taxes: | (46,321) | (214,700) | (60,749) | |||
| Income tax expense (benefit) | 1,076 | 25,634 | (56) | |||
| Income (loss) from continuing operations: | (45,245) | (189,066) | (60,805) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (60,805) | ✕ | |
| Other undisclosed net loss | (108,679) | |||||
| Net income (loss): | (45,245) | (189,066) | (169,484) | |||
| Net income (loss) attributable to noncontrolling interest | (189,066) | 156,708 | ||||
| Other undisclosed net income (loss) attributable to parent | 189,066 | (156,708) | ||||
| Net income (loss) attributable to parent: | (45,245) | (189,066) | (169,484) | |||
| Other undisclosed net income (loss) available to common stockholders, basic | 690 | (6,880) | ||||
| Net income (loss) available to common stockholders, basic: | (44,555) | (195,946) | (169,484) | |||
| Other undisclosed net income available to common stockholders, diluted | 29,952 | |||||
| Net income (loss) available to common stockholders, diluted: | (44,555) | (195,946) | (139,532) | |||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (45,245) | (189,066) | (169,484) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (45,245) | (189,066) | (169,484) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.