Currenc Group Inc. reported total revenues of $10.4 million for the third quarter of 2025, a year-over-year decrease of 3.9 percent, mainly due to lower Indonesian Airtime revenue, partly offset by growth in remittance revenue. Total Processing Value (TPV) through Tranglo rose 10.1 percent year-over-year to $1.41 billion, with total transactions increasing to 3.0 million from 2.7 million. The gross profit margin ratio was 50.8 percent, up from 27.8 percent in the same period last year. Total direct costs of revenue declined 37.0 percent to $5.1 million. Operating expenses decreased to $0.5 million from $19.1 million, largely due to adjustments in incentive share expenses. EBITDA for the quarter was $3.6 million. The company continued to shift focus from lower-margin airtime transfers to technology-driven financial solutions and is progressing with a proposed reverse merger with Animoca Brands.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Currenc Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572200-en) on November 10, 2025, and is solely responsible for the information contained therein.
Comments