NASDAQ : CURR
CURRENC Group Inc. — Financial statements
Technology · Software - Application · Singapore
Last price 1.94 USD (Nov 2, 2026, 12:52 PM EST) · Market cap 217.83M
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Financial statements
CURRENC Group Inc. (CURR) reported revenue of 37.81M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 37.81M | 37.81M | 46.44M | 53.26M | 55.50M | 57.50M |
| Cost of Revenue | 22.40M | 22.40M | 31.84M | 35.90M | 39.88M | 39.60M |
| Gross Profit | 15.42M | 15.42M | 14.59M | 17.36M | 15.62M | 17.90M |
| Selling, General & Admin | 23.35M | 23.35M | 41.97M | 24.00M | 25.63M | 18.28M |
| Operating Expenses | 23.35M | 23.35M | 41.97M | 24.00M | 25.63M | 18.28M |
| Operating Income | -7.94M | -7.94M | -27.38M | -6.65M | -10.01M | -379.72K |
| Interest Expense | -3.11M | -3.11M | -8.52M | -8.00M | -8.20M | -11.54M |
| Currency Exchange Gain (Loss) | 380.00K | 1.20M | ||||
| Other Non Operating Income (Expenses) | -4.98M | -4.98M | -2.32M | 754.03K | 93.34K | -1.41M |
| EBT Excluding Unusual Items | -16.02M | -16.02M | -38.21M | -13.89M | -17.74M | -12.13M |
| Impairment of Goodwill | -2.33M | -2.33M | -14.94M | |||
| Gain (Loss) on Sale of Investments | 2.13M | |||||
| Gain (Loss) on Sale of Assets | 20.50M | |||||
| Asset Writedown | -5.60M | |||||
| Pretax Income | -18.35M | -18.35M | -38.25M | -13.89M | -15.61M | -12.13M |
| Income Tax Expense | 148.93K | 148.93K | 578.30K | 523.48K | 113.78K | 753.70K |
| Earnings From Continuing Operations | -18.50M | -18.50M | -38.83M | -14.42M | -15.73M | -12.89M |
| Minority Interest in Earnings | 72.43K | 72.43K | -648.56K | -888.76K | -952.42K | -1.96M |
| Net Income | -18.43M | -18.43M | -39.48M | -15.31M | -16.68M | -14.85M |
| Net Income to Common | -18.43M | -18.43M | -39.48M | -15.31M | -16.68M | -14.85M |
| Shares Outstanding (Basic) | 61.47M | 61.47M | 38.16M | 33.98M | 58.03M | 58.03M |
| Shares Outstanding (Diluted) | 61.47M | 61.47M | 38.16M | 33.98M | 58.03M | 58.03M |
| EPS (Basic) | -0.30 | -0.30 | -1.03 | -0.45 | -0.29 | -0.26 |
| EPS (Diluted) | -0.30 | -0.30 | -1.03 | -0.45 | -0.29 | -0.26 |
| Free Cash Flow | 7.38M | 7.38M | 2.87M | -15.58M | 8.15M | 11.67M |
| Free Cash Flow Per Share | 0.12 | 0.12 | 0.07 | -0.46 | 0.14 | 0.20 |
| Gross Margin | 40.77% | 40.77% | 31.42% | 32.59% | 28.14% | 31.13% |
| Operating Margin | -20.99% | -20.99% | -58.95% | -12.48% | -18.04% | -0.66% |
| Profit Margin | -48.74% | -48.74% | -85.01% | -28.74% | -30.05% | -25.82% |
| Free Cash Flow Margin | 19.53% | 19.53% | 6.19% | -29.25% | 14.68% | 20.30% |
| EBITDA | -5.90M | -5.90M | -24.66M | -2.84M | -5.79M | 5.23M |
| EBITDA Margin | -15.60% | -15.60% | -53.12% | -5.33% | -10.43% | 9.10% |
| D&A For EBITDA | 2.04M | 2.04M | 2.71M | 3.81M | 4.23M | 5.61M |
| EBIT | -7.94M | -7.94M | -27.38M | -6.65M | -10.01M | -379.72K |
| EBIT Margin | -20.99% | -20.99% | -58.95% | -12.48% | -18.04% | -0.66% |
| Advertising Expenses | 40.64K | 40.64K | 956.47K | 618.66K | 618.66K | 543.79K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 75.24M | 75.24M | 63.82M | 48.52M | 62.80M | 62.75M |
| Short-Term Investments | 336.03K | 336.03K | 316.87K | 1.70M | 3.44M | 5.15M |
| Cash & Short-Term Investments | 75.58M | 75.58M | 64.14M | 50.22M | 66.24M | 67.90M |
| Accounts Receivable | 6.12M | 6.12M | 5.57M | 9.34M | 7.73M | 7.06M |
| Other Receivables | 1.39M | 1.39M | 974.86K | 7.77M | 5.65M | 3.54M |
| Receivables | 7.51M | 7.51M | 6.54M | 17.11M | 13.37M | 10.61M |
| Inventory | 601.95K | 601.95K | 587.84K | 732.91K | 877.98K | 1.25M |
| Prepaid Expenses | 1.05M | 1.05M | 1.26M | 553.26K | 503.12K | 332.87K |
| Restricted Cash | 34.71K | 34.71K | 40.74K | 5.43M | 6.76M | 6.44M |
| Other Current Assets | 16.25M | 16.25M | 14.92M | 29.31M | 33.46M | 15.98M |
| Total Current Assets | 101.02M | 101.02M | 87.49M | 103.36M | 121.21M | 102.51M |
| Property, Plant & Equipment | 1.24M | 1.24M | 1.40M | 1.17M | 1.66M | 1.45M |
| Long-Term Investments | 100.00K | 100.00K | 100.00K | |||
| Goodwill | 9.73M | 9.73M | 12.06M | 27.00M | 27.00M | 19.23M |
| Other Intangible Assets | 1.85M | 1.85M | 3.39M | 9.19M | 9.85M | 13.38M |
| Long-Term Deferred Tax Assets | 232.08K | 232.08K | 342.82K | 664.89K | 768.62K | 106.15K |
| Total Assets | 114.07M | 114.07M | 104.68M | 141.49M | 160.59M | 136.78M |
| Accounts Payable | 10.94K | 10.94K | 13.70K | 10.54K | 17.87K | 10.85K |
| Accrued Expenses | 12.38M | 12.38M | 9.69M | 13.04M | 8.87M | 12.43M |
| Short-Term Debt | 12.25M | 12.25M | 5.24M | 33.01M | 677.64K | 299.97K |
| Current Portion of Long-Term Debt | 11.89M | 11.89M | 21.90M | 27.80M | 22.60M | 11.71M |
| Current Portion of Leases | 186.55K | 186.55K | 171.91K | 152.32K | 174.06K | 155.64K |
| Current Income Taxes Payable | 157.19K | 157.19K | 155.64K | 29.81K | 11.10K | 16.37K |
| Other Current Liabilities | 53.39M | 53.39M | 108.18M | 99.82M | 140.31M | 106.95M |
| Total Current Liabilities | 90.26M | 90.26M | 145.36M | 173.86M | 172.65M | 131.57M |
| Long-Term Debt | 4.60M | 4.60M | 2.51M | 7.88M | 11.30M | |
| Long-Term Leases | 156.65K | 158.90K | 23.76K | |||
| Pension & Post-Retirement Benefits | 45.29K | 59.85K | 61.39K | |||
| Long-Term Deferred Tax Liabilities | 508.57K | 508.57K | 876.91K | 1.25M | 1.62M | 1.99M |
| Other Long-Term Liabilities | 44.00K | 44.00K | 2.96M | 2.96M | ||
| Total Liabilities | 95.41M | 95.41M | 146.44M | 180.63M | 185.33M | 144.88M |
| Common Stock | 7.66K | 7.66K | 4.65K | 3.40K | 58.03K | 58.03K |
| Additional Paid-In Capital | 143.80M | 143.80M | 65.64M | 29.23M | 29.17M | 29.17M |
| Retained Earnings | -149.95M | -149.95M | -131.52M | -92.08M | -76.77M | -60.09M |
| Comprehensive Income & Other | 479.62K | 479.62K | -108.12K | 88.37K | 61.30K | 52.46K |
| Total Common Equity | -5.67M | -5.67M | -65.99M | -62.76M | -47.48M | -30.81M |
| Minority Interest | 24.32M | 24.32M | 24.23M | 23.61M | 22.74M | 22.71M |
| Shareholders' Equity | 18.65M | 18.65M | -41.76M | -39.14M | -24.74M | -8.09M |
| Total Liabilities & Equity | 114.07M | 114.07M | 104.68M | 141.49M | 160.59M | 136.78M |
| Total Debt | 28.93M | 28.93M | 27.47M | 63.47M | 31.49M | 23.48M |
| Net Cash (Debt) | 46.65M | 46.65M | 36.67M | -13.25M | 34.75M | 44.42M |
| Net Cash Per Share | 0.76 | 0.76 | 0.96 | -0.39 | 0.60 | 0.77 |
| Filing Date Shares Outstanding | 112.28M | 112.28M | 46.53M | 58.03M | 58.03M | 58.03M |
| Total Common Shares Outstanding | 76.61M | 76.61M | 46.53M | 58.03M | 58.03M | 58.03M |
| Working Capital | 10.76M | 10.76M | -57.87M | -70.50M | -51.45M | -29.06M |
| Book Value Per Share | -0.07 | -0.07 | -1.42 | -1.08 | -0.82 | -0.53 |
| Tangible Book Value | -17.24M | -17.24M | -81.43M | -98.95M | -84.33M | -63.42M |
| Tangible Book Value Per Share | -0.23 | -0.23 | -1.75 | -1.71 | -1.45 | -1.09 |
| Machinery | 3.44M | 3.44M | 3.12M | 4.17M | 3.96M | 3.33M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -18.43M | -18.43M | -39.48M | -15.31M | -16.68M | -14.85M |
| Depreciation & Amortization | 2.23M | 2.23M | 2.90M | 3.99M | 4.40M | 5.61M |
| Other Amortization | 807.86K | 3.44M | 2.81M | |||
| Loss (Gain) From Sale of Assets | 663.00 | 663.00 | -21.74M | -36.52K | ||
| Asset Writedown & Restructuring Costs | 2.33M | 2.33M | 14.94M | |||
| Loss (Gain) From Sale of Investments | -2.13M | |||||
| Stock-Based Compensation | 4.53M | 4.53M | 21.87M | |||
| Provision & Write-off of Bad Debts | -49.33K | -49.33K | 3.30M | |||
| Other Operating Activities | 6.33M | 6.33M | 2.97M | 1.32M | 1.61M | -1.13M |
| Change in Accounts Receivable | 940.62K | 940.62K | 140.56K | 605.20K | 255.73K | 1.07M |
| Change in Accounts Payable | 7.43M | 7.43M | 14.22M | -4.83M | -12.25M | 9.02M |
| Change in Other Net Operating Assets | 2.55M | 2.55M | 4.32M | -1.84M | 30.04M | 9.54M |
| Operating Cash Flow | 7.86M | 7.86M | 3.45M | -15.29M | 8.68M | 12.08M |
| Capital Expenditures | -479.03K | -479.03K | -576.67K | -291.86K | -532.33K | -405.88K |
| Sale of Property, Plant & Equipment | 596.00 | 596.00 | 36.68K | |||
| Cash Acquisitions | 11.64K | -200.00K | ||||
| Investment in Securities | 1.70M | -458.00 | ||||
| Investing Cash Flow | -478.44K | -478.44K | -565.03K | 1.44M | -732.33K | -406.34K |
| Short-Term Debt Issued | 5.70M | 5.70M | 3.78M | 2.21M | 3.23M | 12.65M |
| Long-Term Debt Issued | 640.93K | 1.25M | 1.48M | 4.74M | ||
| Total Debt Issued | 5.70M | 5.70M | 4.42M | 3.46M | 4.71M | 17.39M |
| Short-Term Debt Repaid | -1.67M | -1.67M | -2.18M | -2.45M | -2.82M | -13.36M |
| Long-Term Debt Repaid | -221.26K | -2.21M | -5.74M | -14.15M | ||
| Total Debt Repaid | -1.67M | -1.67M | -2.41M | -4.66M | -8.57M | -27.51M |
| Net Debt Issued (Repaid) | 4.03M | 4.03M | 2.02M | -1.20M | -3.86M | -10.12M |
| Other Financing Activities | -1.91M | |||||
| Financing Cash Flow | 4.03M | 4.03M | 2.02M | -1.20M | -5.77M | -10.12M |
| Miscellaneous Cash Flow Adjustments | -1.00 | |||||
| Net Cash Flow | 11.42M | 11.42M | 4.90M | -15.04M | 2.18M | 1.55M |
| Free Cash Flow | 7.38M | 7.38M | 2.87M | -15.58M | 8.15M | 11.67M |
| Free Cash Flow Margin | 19.53% | 19.53% | 6.19% | -29.25% | 14.68% | 20.30% |
| Free Cash Flow Per Share | 0.12 | 0.12 | 0.07 | -0.46 | 0.14 | 0.20 |
| Levered Free Cash Flow | -54.83M | -54.83M | 36.69M | -39.13M | 5.35M | |
| Unlevered Free Cash Flow | -52.88M | -52.88M | 42.02M | -34.93M | 7.04M | |
| Cash Interest Paid | 58.14K | 58.14K | 1.07M | 1.82M | 1.35M | 3.08M |
| Cash Income Tax Paid | 324.78K | 324.78K | 445.53K | -761.33K | 1.20M | 2.13M |
| Change in Working Capital | 10.92M | 10.92M | 18.68M | -6.06M | 18.04M | 19.63M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 222.32M | 137.11M | 83.75M | 148.57M | 267.63M | |
| Enterprise Value | 175.67M | 125.22M | 97.54M | 150.74M | ||
| Last Close Price | 2.12 | 1.79 | 1.80 | 11.22 | 10.36 | |
| PS Ratio | 6.30 | 3.63 | 1.80 | 2.79 | 4.82 | |
| PB Ratio | 12.76 | 7.35 | -2.01 | -3.80 | -10.82 | |
| P/FCF Ratio | 32.23 | 18.57 | 29.14 | 32.84 | ||
| P/OCF Ratio | 30.27 | 17.43 | 24.27 | 30.83 | ||
| EV/Sales Ratio | 5.06 | 3.31 | 2.10 | 2.83 | ||
| EV/FCF Ratio | 25.92 | 16.96 | 33.94 | |||
| Debt / Equity Ratio | 1.55 | 1.55 | -0.66 | -1.62 | -1.27 | -2.90 |
| Debt / EBITDA Ratio | 3.56 | |||||
| Debt / FCF Ratio | 3.92 | 3.92 | 9.56 | 3.86 | 2.01 | |
| Net Debt / Equity Ratio | -2.50 | -2.50 | 0.88 | -0.34 | 1.41 | 5.49 |
| Net Debt / EBITDA Ratio | 7.91 | 7.91 | 1.49 | -4.67 | 6.00 | -8.49 |
| Net Debt / FCF Ratio | -6.32 | -6.32 | -12.76 | -0.85 | -4.26 | -3.81 |
| Asset Turnover | 0.35 | 0.35 | 0.38 | 0.35 | 0.37 | |
| Inventory Turnover | 37.65 | 37.65 | 48.22 | 44.57 | 37.43 | |
| Quick Ratio | 0.92 | 0.92 | 0.49 | 0.39 | 0.46 | 0.60 |
| Current Ratio | 1.12 | 1.12 | 0.60 | 0.59 | 0.70 | 0.78 |
| Return on Assets (ROA) | -4.54% | -4.54% | -13.90% | -2.75% | -4.21% | |
| Return on Capital Employed (ROCE) | -33.30% | -33.30% | 67.30% | 20.50% | 83.00% | -7.30% |
| Earnings Yield | -15.14% | -13.44% | -47.13% | -10.30% | -6.23% | |
| FCF Yield | 3.10% | 5.39% | 3.43% | -10.49% | 3.04% | |
| Buyback Yield / Dilution | -61.08% | -61.08% | -12.31% | 41.44% |