Currenc Group Inc
For the period ended Sep 30, 2024. Filed Nov 19, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 19, 2024
CURR$1.90+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| US$ | US$ | US$ | US$ | |
| Revenue | 11,259,716 | 12,736,547 | 35,370,503 | 39,901,966 |
| Cost of revenue | (8,124,542) | (8,597,348) | (24,030,794) | (26,692,493) |
| Gross profit | 3,135,174 | 4,139,199 | 11,339,709 | 13,209,473 |
| Selling expenses | (3,649) | (3,736) | (13,408) | (22,635) |
| General and administrative expenses | (19,061,439) | (6,450,397) | (30,026,776) | (18,823,918) |
| Loss from operations | (15,929,914) | (2,314,934) | (18,700,475) | (5,637,080) |
| Finance costs, net | (3,855,555) | (1,496,968) | (7,682,277) | (4,651,844) |
| Other income | 15,010,449 | 241,300 | 15,548,629 | 363,021 |
| Other expenses | (160,362) | (18,078) | (200,096) | (65,542) |
| Loss before income tax | (4,935,382) | (3,588,680) | (11,034,219) | (9,991,445) |
| Income tax expense | (86,043) | (226,432) | (226,472) | (455,652) |
| Net loss | (5,021,425) | (3,815,112) | (11,260,691) | (10,447,097) |
| Net income attributable to non-controlling interests | 60,419 | (15,333) | (549,476) | (464,162) |
| Net loss attributable to Currenc Group Inc. | (4,961,006) | (3,830,445) | (11,810,167) | (10,911,259) |
| Net loss per share, basic and diluted (1) | $(0.13) | $(0.11) | $(0.33) | $(0.32) |
| Shares used in net loss per share computation, basic and diluted (1) | 38,163,168 | 33,980,753 | 35,374,891 | 33,980,753 |
| Other comprehensive loss: | ||||
| Foreign currency translation adjustments | (72,055) | (15,613) | (190,023) | 388,513 |
| Total comprehensive loss | (5,093,480) | (3,830,725) | (11,450,714) | (10,058,584) |
| Total Comprehensive loss (income) attributable to non-controlling interests | 18,291 | (5,128) | (606,404) | (449,339) |
| Total comprehensive loss attributable to Currenc Group Inc. | (5,075,189) | (3,835,853) | (12,057,118) | (10,507,923) |
| (1) | Retrospectively restated to reflect Reverse Recapitalization – see Note 2. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.