India, Sept. 11 -- On Friday, MoneyHero Limited (MNY), an aggregation and comparison platform for insurance, reported a loss for the second quarter, compared to the profit in the previous year, due to lower revenue generated.
On the Nasdaq, the shares were trading 9.57 percent lower at $0.7500.
Net loss for the period was $1.20 million or $0.03 per share, compared to the profit of $0.22 million or breakeven per share a year ago.
Operating Loss was $2.52 million, compared to the income of $0.37 million in the previous year.
Adjusted EBITDA loss narrowed to $1.63 million from $1.95 million in the previous year.
Revenue for the period dropped to $15.76 million from $18.02 million a year ago.
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