CURRENC Group (CURR) Q3 2025 earnings summary

Executive summary

• Achieved steady business momentum in Q3 2025, with a focus on operational efficiency and AI-driven solutions.

• Divested TNG Asia and GEA in 2024, now consolidating only Tranglo and Walletku results.

• Proposed reverse merger with Animoca Brands to drive future growth.

Financial highlights

• Total Processing Value (TPV) through Tranglo reached $1.41 billion, up 10.1% year-over-year.

• Total revenue (excluding TNG Asia and GEA) was $10.4 million, down 3.9% year-over-year due to lower Indonesian Airtime revenue, partially offset by remittance growth.

• Remittance revenue (excluding TNG Asia and GEA) rose 54.8% year-over-year to $7.0 million, driven by higher TPV and improved take rate (0.38%).

• Global airtime transfer revenue declined 12.3% year-over-year to $2.0 million due to reduced demand in Southeast Asia.

• Net income for Q3 2025 was $3.1 million, compared to a net loss of $19.9 million in Q3 2024.

• EBITDA for Q3 2025 was $3.6 million, with Tranglo and Walletku contributing $0.9 million.

Outlook and guidance

• Management expects continued decline in airtime transfer demand in Southeast Asia and is reallocating resources to AI product expansion.

• Focus remains on operational discipline, financial prudence, and a smooth transition through the Animoca reverse merger.