MoneyLion: Overlooked Fintech Platform

 

• MoneyLion has collapsed below despite the company meeting aggressive financial targets.
• The company has major plans to build a fintech super-app with crypto and BNPL products launching.
• The stock trades at a massive discount with growth topping 100%, while trading at only 2x 2023 sales targets.
• This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »

The fintech sector has just been crushed in the last month led by the recently de-SPACed deals like MoneyLion (NYSE:ML). The company spent this year boosting future financial targets usually supportive of much higher stock prices. My investment thesis remains Bullish on the stock at the current reduced valuation while the long-term growth prospects remain strong.

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Update - March 10

The stock price is near comical on these numbers.

-Q4 recorded a GAAP net loss of $27.6 million for the fourth quarter of 2021 versus losses of $30.4 million in Q4 2020.
-Revenue of $55.56M (+146.4% Y/Y).
-Adjusted EBITDA was -$31.9M for the fourth quarter versus -$13.2M in Q4 2020.
-Adjusted Net Loss was $34.0 million for the fourth quarter of 2021.

-For the full year 2022, MoneyLion expects: Adjusted Revenue of approximately $325 to $335 million; Adjusted Gross Profit margin of approximately 60% to 65%;Adjusted EBITDA of approximately ($50) to ($45) million; Targeting to exit 2022 with breakeven Adjusted EBITDA.

-For the first quarter of 2022, MoneyLion expects: Adjusted Revenue of $60 to $65 million vs. consensus of $59.61M ; Adjusted Gross Profit margin of 60% to 65%; Adjusted EBITDA of ($25) to ($20) million

Update - December 12

Amazing to still see this stock working for a bottom below $4. The company actually guided up from the SPAC guidance.