Currenc Group Ordinary Stock Net Income
| CURR Stock | USD 1.91 0.09 4.50% |
Fundamental analysis of Currenc Group allows traders to better anticipate movements in Currenc Group's stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Loss | -39.5 M | -37.5 M | |
| Net Loss | -38.8 M | -36.9 M | |
| Net Loss | (1.03) | (0.98) | |
| Net Income Per E B T | 1.03 | 0.82 |
Currenc | Net Income | Build AI portfolio with Currenc Stock |
Currenc Group Ordinary Company Net Income Analysis
Currenc Group's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Currenc Group Net Income | (39.48 M) |
Most of Currenc Group's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Currenc Group Ordinary is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Currenc Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Currenc Group is extremely important. It helps to project a fair market value of Currenc Stock properly, considering its historical fundamentals such as Net Income. Since Currenc Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Currenc Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Currenc Group's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Currenc Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Currenc Group Ordinary reported net income of (39.48 Million). This is 111.57% lower than that of the Financial Services sector and significantly lower than that of the Financials industry. The net income for all United States stocks is 106.91% higher than that of the company.
Currenc Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Currenc Group's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Currenc Group could also be used in its relative valuation, which is a method of valuing Currenc Group by comparing valuation metrics of similar companies.Currenc Group is currently under evaluation in net income category among its peers.
Currenc Fundamentals
| Return On Equity | -35.04 | ||||
| Return On Asset | -0.0889 | ||||
| Profit Margin | (0.85) % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | 105.95 M | ||||
| Shares Outstanding | 76.6 M | ||||
| Shares Owned By Insiders | 52.34 % | ||||
| Shares Owned By Institutions | 1.07 % | ||||
| Number Of Shares Shorted | 616.7 K | ||||
| Price To Earning | (9.89) X | ||||
| Price To Book | 510.86 X | ||||
| Price To Sales | 3.64 X | ||||
| Revenue | 46.44 M | ||||
| Gross Profit | 14.97 M | ||||
| EBITDA | (26.53 M) | ||||
| Net Income | (39.48 M) | ||||
| Cash And Equivalents | 51 K | ||||
| Total Debt | 22.49 M | ||||
| Debt To Equity | 4.68 % | ||||
| Current Ratio | 0.77 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | 3.45 M | ||||
| Short Ratio | 2.33 X | ||||
| Earnings Per Share | (0.85) X | ||||
| Target Price | 3.5 | ||||
| Number Of Employees | 244 | ||||
| Beta | 0.066 | ||||
| Market Capitalization | 146.3 M | ||||
| Total Asset | 108.47 M | ||||
| Retained Earnings | (131.52 M) | ||||
| Working Capital | (57.87 M) | ||||
| Current Asset | 777.46 K | ||||
| Current Liabilities | 5.64 M | ||||
| Net Asset | 108.47 M |
About Currenc Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Currenc Group Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Currenc Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Currenc Group Ordinary based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Currenc Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Currenc Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Currenc Group will appreciate offsetting losses from the drop in the long position's value.Moving against Currenc Stock
| 0.81 | SEZL | Sezzle Inc | PairCorr |
| 0.78 | GPN | Global Payments | PairCorr |
| 0.7 | FISV | Fiserv, Common Stock Symbol Change | PairCorr |
| 0.69 | EVTC | Evertec | PairCorr |
| 0.67 | PAYO | Payoneer Global Potential Growth | PairCorr |
The ability to find closely correlated positions to Currenc Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Currenc Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Currenc Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Currenc Group Ordinary to buy it.
The correlation of Currenc Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Currenc Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Currenc Group Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Currenc Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Currenc Stock Analysis
When running Currenc Group's price analysis, check to measure Currenc Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Currenc Group is operating at the current time. Most of Currenc Group's value examination focuses on studying past and present price action to predict the probability of Currenc Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Currenc Group's price. Additionally, you may evaluate how the addition of Currenc Group to your portfolios can decrease your overall portfolio volatility.