← Back to MNY filing summaryOriginal filing text · Part I
Item 11 — Quantitative and Qualitative Disclosures About Market Risk
Moneyhero Limited · 20-F · FY 2025 · Period ended Dec 31, 2025
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ABOUT MARKET RISK
We are exposed to foreign
currency, credit and liquidity risks in the ordinary course of our business. For more information about financial risks to which we are
exposed, see note 30 to our audited consolidated financial statements included elsewhere in this annual report.
Credit Risk
Credit
risk refers to the risk that a counterparty will default on its contractual obligations, resulting in us incurring a financial loss. We
are exposed to credit risk from our operating and financing activities, which arises principally from our accounts receivable and cash
and cash equivalents. We trade mainly with recognized and creditworthy third parties. Our trading terms with customers are mainly on credit.
The credit period is generally one to three months. Customers who wish to trade on credit terms are normally subject to credit verification
procedures. Receivable balances are monitored on an ongoing basis. As of December 31, 2025 and 2024, we had accounts receivable of US$18.7
million and US$13.5 million, respectively.
Foreign Currency
Risk
Foreign
currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate as a result of changes in
foreign exchange rates. As we operate in several markets in Greater Southeast Asia, we are exposed to foreign exchange risk arising from
foreign currency transactions. Our operating units may have financial instruments denominated in currencies other than their respective
functional currencies and are therefore exposed to foreign currency risk, as the value of the financial instruments denominated in other
currencies will fluctuate due to changes in exchange rates. We do not hedge foreign currency exposures. Our senior management monitors
and manages our foreign currency risk exposure position on an ongoing basis. For an analysis of the sensitivity of our loss before tax
to possible changes in the foreign exchange rates of the Singapore dollar, New Taiwan dollar, Malaysian ringgit, Philippine peso, Thai
baht and Indonesian rupiah against United States dollars, see note 30 to audited consolidated financial statements included elsewhere
in this annual report.
Liquidity Risk
Liquidity risk is the risk
that we will encounter difficulty in meeting financial obligations due to shortage of funds. Our exposure to liquidity risk arises primarily
from mismatches of the maturities of financial assets and liabilities. In order to manage our liquidity risk and ensure that there are
adequate funds to meet our liquidity requirements in the short and longer terms, we monitor our risk to shortage of funds and regularly
evaluate the maturity of both our financial liabilities and financial assets and projected cash flows from operations. As of December
31, 2025 and 2024, we had current liabilities of US$36.8 million and US$32.1 million, respectively, primarily consisting of accounts and
other payable and warrant liabilities.