Currenc (CURR) financial statements
Currenc reported revenue of $38M in fiscal 2025, down 15.7% a year over 2 years.
Net income was -$18M.
Free cash flow was $7M.
The diluted share count rose 81% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Currenc's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | — | $53M | $46M | $38M |
| Cost of revenue | — | $36M | $32M | $22M |
| Gross profit | — | $17M | $15M | $15M |
| Selling, general and admin | — | $24M | $42M | $23M |
| Operating income | -$4M | -$7M | -$27M | -$8M |
| Pre-tax income | — | -$14M | -$38M | -$18M |
| Income tax | — | $523,481 | $578,303 | $148,934 |
| Net income | -$1M | -$15M | -$39M | -$18M |
| EPS (diluted) | — | -$0.45 | -$1.03 | -$0.30 |
| Diluted shares | — | 34M | 38M | 61M |
| Gross margin | — | 32.6% | 31.4% | 40.8% |
| Operating margin | — | -12.5% | -59.0% | -21.0% |
| Net margin | — | -28.7% | -85.0% | -48.7% |
Balance sheet
Fiscal years, from Currenc's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $271,467 | $49M | $64M | $75M |
| Inventory | — | $125,603 | $89,111 | $30,514 |
| Total current assets | $366,020 | $103M | $87M | $101M |
| Property, plant and equipment | — | $1M | $1M | $1M |
| Goodwill | — | $27M | $12M | $10M |
| Total assets | $209M | $141M | $105M | $114M |
| Total current liabilities | $3M | $174M | $145M | $90M |
| Long-term debt | — | $3M | — | — |
| Total liabilities | $9M | $178M | $146M | $95M |
| Shareholders' equity | -$8M | -$63M | -$66M | -$6M |
| Net debt | -$271,467 | -$37M | -$60M | -$74M |
Cash flow
Fiscal years, from Currenc's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$756,716 | -$15M | $3M | $8M |
| Capital spending | — | $291,856 | $576,674 | $479,034 |
| Free cash flow | — | -$16M | $3M | $7M |
| Stock-based compensation | — | — | $21M | $4M |
| Share buybacks (net) | — | -$133M | — | — |
| Net borrowing | — | -$960,315 | $419,677 | — |
| Free cash flow margin | — | -29.3% | 6.2% | 19.5% |
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Open CURR in InvestinglyQuestions
What was Currenc's revenue in 2025?
$38M in fiscal 2025, from its 10-K filing.
How much free cash flow does Currenc generate?
$7M in fiscal 2025 (operating cash flow minus capital spending).
From Currenc's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.