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CURRENC Group Inc. operates as a fintech company to transform global financial services through artificial intelligence (AI). It empowers financial institutions with AI solutions, including the SEAMLESS AI call centre and other AI-powered tools to reduce costs, and enhances customer satisfaction. The company's digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time payment services and advancing financial access across underserved communities. It also develops and operates AI data centers. The company is headquartered in Singapore.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Currenc Group Inc. (NASDAQ: CURR) is a publicly listed company for which available public filings and disclosures provide limited detail about its business operations and strategy. Because core activities and long-term growth drivers are not clearly described, investors may find the name of interest only if future filings clarify strategy and demonstrate consistent, audited financial performance.
The most important investment risks are that the company’s operational scope and revenue base are unclear, trading liquidity may be thin, and governance, reporting or delisting risk is elevated until transparency and audited results are available.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | -38.25M | -13.89M | -15.61M | -12.13M | -3.57M |
| Minority interest | -0.65M | -0.89M | -0.95M | -1.96M | - |
| Net income | -39.48M | -15.31M | -16.68M | -14.85M | -6.72M |
| Selling general administrative | 41.95M | 23.98M | 25.63M | 17.74M | 16.35M |
| Selling and marketing expenses | 0.01M | 0.03M | - | 0.11M | 0.05M |
| Gross profit | 14.59M | 17.36M | 15.62M | 17.90M | 15.99M |
| Reconciled depreciation | 2.90M | 3.99M | 4.40M | 5.98M | - |
| Ebit | -29.73M | -5.89M | - | -0.59M | 1.08M |
| Ebitda | -26.53M | -1.90M | - | 5.39M | 6.90M |
| Depreciation and amortization | 3.20M | 3.99M | - | 5.98M | 5.82M |
| Operating income | -27.38M | -6.65M | -10.01M | 0.04M | -0.41M |
| Other operating expenses | 73.81M | 59.90M | - | 57.46M | 61.97M |
| Interest expense | 8.52M | 8.00M | 8.20M | 11.54M | 4.65M |
| Tax provision | 0.58M | 0.52M | 0.11M | 0.75M | - |
| Net interest income | -8.52M | -8.00M | -8.20M | -11.54M | - |
| Income tax expense | 0.58M | 0.52M | - | 0.75M | 1.49M |
| Total revenue | 46.44M | 53.26M | 55.50M | 57.50M | 61.56M |
| Total operating expenses | 41.97M | 24.00M | 65.52M | 17.86M | 16.40M |
| Cost of revenue | 31.84M | 35.90M | 39.88M | 39.60M | 45.57M |
| Total other income expense net | -10.87M | -7.25M | 2.60M | -12.17M | -3.17M |
| Net income from continuing ops | -38.83M | -14.42M | -15.73M | -12.89M | - |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 108.47M | 141.49M | 160.59M | 136.78M | 135.33M |
| Intangible assets | 3.39M | 9.19M | 9.85M | 13.38M | 14.61M |
| Other current assets | 6.49M | 10.60M | 7.03M | 10.85M | 13.26M |
| Total liab | 150.23M | 177.68M | 182.37M | 144.88M | 137.93M |
| Total stockholder equity | -65.99M | -62.76M | -47.48M | -30.81M | -22.65M |
| Other current liab | 126.65M | 144.39M | 5.79M | 118.33M | 101.08M |
| Common stock | 0.00M | 0.00M | - | 0.06M | 0.06M |
| Capital stock | 0.00M | 0.00M | 0.06M | 0.06M | - |
| Retained earnings | -131.52M | -92.08M | -76.77M | -60.09M | -45.24M |
| Good will | 12.06M | 27.00M | 27.00M | 19.23M | 19.62M |
| Other assets | - | -3.24M | - | - | - |
| Cash | 63.82M | 48.52M | 62.80M | 62.75M | 61.10M |
| Total current liabilities | 149.15M | 173.86M | 172.65M | 124.01M | 132.92M |
| Current deferred revenue | - | 0.39M | - | 0.51M | 0.99M |
| Net debt | -41.33M | -16.57M | - | -38.24M | -27.05M |
| Short term debt | 22.33M | 29.44M | - | 5.66M | 31.51M |
| Short long term debt | 22.16M | 29.28M | 24.33M | 5.50M | - |
| Short long term debt total | 22.49M | 31.94M | - | 24.52M | 34.05M |
| Other stockholder equity | 65.64M | 29.23M | - | 29.17M | 22.49M |
| Total current assets | 91.28M | 103.36M | 121.21M | 102.51M | 98.14M |
| Long term investments | 0.00M | 0.10M | 0.10M | 0.10M | - |
| Short term investments | 0.00M | 0.30M | 2.00M | 2.06M | 2.02M |
| Net receivables | 20.37M | 43.21M | 3.07M | 25.60M | 20.08M |
| Long term debt | - | 2.51M | 7.88M | 18.86M | - |
| Inventory | 0.59M | 0.73M | 0.88M | 1.25M | 1.67M |
| Accounts payable | 0.01M | 0.01M | 0.02M | 0.01M | 0.01M |
| Accumulated other comprehensive income | -0.11M | 0.09M | - | 0.05M | 0.05M |
| Non currrent assets other | - | 0.66M | - | 0.08M | -0.29M |
| Non current assets total | 17.19M | 38.13M | 39.38M | 34.27M | 37.19M |
| Capital lease obligations | 0.33M | 0.15M | 0.17M | 0.16M | - |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -0.57M | 1.44M | 0.00M | -0.41M | - |
| Total cashflows from investing activities | -0.57M | 1.44M | - | -0.41M | -0.13M |
| Net borrowings | 2.02M | -1.20M | -3.86M | -10.12M | - |
| Total cash from financing activities | 2.02M | -1.20M | -5.77M | -10.12M | 7.48M |
| Net income | -39.48M | -14.42M | -16.68M | -12.89M | -30.62M |
| Change in cash | 4.90M | -15.04M | 2.18M | 1.55M | -2.37M |
| Begin period cash flow | 58.96M | 74.00M | 71.82M | 70.27M | 4.10M |
| End period cash flow | 63.86M | 58.96M | 74.00M | 71.82M | 1.73M |
| Total cash from operating activities | 3.45M | -15.29M | 8.68M | 12.08M | -9.72M |
| Depreciation | 2.90M | 3.99M | 4.40M | 5.98M | 0.94M |
| Other cashflows from investing activities | - | 0.04M | - | - | -0.54M |
| Dividends paid | - | 1.91M | -1.91M | - | - |
| Change to inventory | - | 0.31M | - | -0.24M | -0.15M |
| Change to account receivables | 4.32M | -4.74M | 0.26M | 0.04M | -0.06M |
| Sale purchase of stock | - | -133.12M | - | - | - |
| Other cashflows from financing activities | - | 4.93M | - | 12.91M | 1.79M |
| Capital expenditures | 0.58M | 0.29M | 0.53M | 0.41M | 0.69M |
| Change in working capital | 18.68M | -6.06M | 18.04M | 19.63M | -0.43M |
| Stock based compensation | 20.87M | 1.63M | - | 3.88M | 3.42M |
| Other non cash items | 0.35M | 0.71M | 1.31M | -0.28M | 16.60M |
| Free cash flow | 2.87M | -15.58M | 8.15M | 11.67M | -10.41M |
Sector: Technology Industry: Software - Application
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| CURR Currenc Group Inc. Ordinary Shares |
-0.12 5.36% |
2.12 | - | - | 6.30 | 842.67 | 4.89 |
| SAP SAP SE ADR |
0.95 0.41% |
235.02 | 28.16 | 22.42 | 6.52 | 4.85 | 5.60 |
| CRM Salesforce.com Inc |
-1.73 0.75% |
229.17 | 23.41 | 15.55 | 4.79 | 5.56 | 5.55 |
| SAPGF SAP SE |
1.13 0.48% |
235.03 | 76.28 | 22.88 | 5.61 | 3.84 | 5.59 |
| SHOP Shopify Inc |
-9.40 5.63% |
157.49 | 90.18 | 53.19 | 12.70 | 13.17 | 12.23 |
CURRENC Group Inc. operates as a fintech company to transform global financial services through artificial intelligence (AI). It empowers financial institutions with AI solutions, including the SEAMLESS AI call centre and other AI-powered tools to reduce costs, and enhances customer satisfaction. The company's digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time payment services and advancing financial access across underserved communities. It also develops and operates AI data centers. The company is headquartered in Singapore.
410 North Bridge Road, Singapore, Singapore, 188726
65 6407 7362
244
| Name | Title | Year Born |
|---|---|---|
| Mr. King Ong Kong | CEO, Founder & Executive Chairman of the Board | 1971 |
| Mr. Wan Lung Eng | CFO & Executive Director | 1976 |
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