.jpg){kind=avatar}
"In the third quarter, we delivered another quarter of record results," said Dee Choubey, co-founder and CEO of MoneyLion. "We reported our seventh consecutive quarter of triple-digit Adjusted Revenue growth, while further improving our Adjusted EBITDA margin for the third consecutive quarter." Total revenues came in at $88.7m for the third quarter of 2022 compared to the third quarter of 2021 and total customers reached 5.4m (101% YoY growth).
Choubey continued, "In a challenging and complex macroeconomic environment, we continue to execute quarter after quarter, demonstrating the durability of our business model. We remain focused on optimizing our cost structure and focusing our investments on high-quality areas of our business that position us to take market share for the long run. As we look ahead, the resiliency of our business and our visibility into our path to profitability gives us confidence in our ability to position the company for profitable growth in 2023."
https://finance.yahoo.com/news/moneylion-reports-record-third-quarter-123000733.html
