CURRENC Group Inc. (CURR)

Heartland Financial USA Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	41.09	46.44	53.26	55.5	57.5
Revenue Growth (YoY)	-18.14%	-12.81%	-4.05%	-3.48%	-
Cost of Revenue	28.26	31.84	35.9	39.88	39.6
Gross Profit	12.83	14.59	17.36	15.62	17.9
Selling, General & Admin	46.87	41.97	24	25.63	18.28
Operating Expenses	46.87	41.97	24	25.63	18.28
Operating Income	-34.04	-27.38	-6.65	-10.01	-0.38
Interest Expense	-6.72	-8.52	-8	-8.2	-11.54
Currency Exchange Gain (Loss)	-0.35	-	-	0.38	1.2
Other Non Operating Income (Expenses)	-1.12	-2.32	0.75	0.09	-1.41
EBT Excluding Unusual Items	-42.23	-38.21	-13.89	-17.74	-12.13
Impairment of Goodwill	-14.94	-14.94	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	2.13	-
Gain (Loss) on Sale of Assets	20.5	20.5	-	-	-
Asset Writedown	-5.6	-5.6	-	-	-
Pretax Income	-41.5	-38.25	-13.89	-15.61	-12.13
Income Tax Expense	0.54	0.58	0.52	0.11	0.75
Earnings From Continuing Operations	-42.04	-38.83	-14.42	-15.73	-12.89
Minority Interest in Earnings	0.08	-0.65	-0.89	-0.95	-1.96
Net Income	-41.96	-39.48	-15.31	-16.68	-14.85
Net Income to Common	-41.96	-39.48	-15.31	-16.68	-14.85
Shares Outstanding (Basic)	30	38	34	58	58
Shares Outstanding (Diluted)	30	38	34	58	58
Shares Change (YoY)	5.92%	12.31%	-41.44%	-	-
EPS (Basic)	-1.42	-1.03	-0.45	-0.29	-0.26
EPS (Diluted)	-1.42	-1.03	-0.45	-0.29	-0.26
Free Cash Flow	1.19	2.87	-15.58	8.15	11.67
Free Cash Flow Per Share	0.04	0.07	-0.46	0.14	0.20
Gross Margin	31.22%	31.42%	32.59%	28.14%	31.13%
Operating Margin	-82.84%	-58.95%	-12.48%	-18.04%	-0.66%
Profit Margin	-102.10%	-85.01%	-28.74%	-30.05%	-25.82%
Free Cash Flow Margin	2.89%	6.19%	-29.25%	14.68%	20.30%
EBITDA	-32.16	-24.66	-2.84	-5.79	5.23
EBITDA Margin	-78.27%	-53.12%	-5.33%	-10.43%	9.10%
D&A For EBITDA	1.88	2.71	3.81	4.23	5.61
EBIT	-34.04	-27.38	-6.65	-10.01	-0.38
EBIT Margin	-82.84%	-58.95%	-12.48%	-18.04%	-0.66%
Advertising Expenses	-	0.78	0.62	0.62	0.54

Updated Apr 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q