Money Forward
Financials
Estimates*
| JPY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 11.3b | 15.6b | 21.5b | 30.4b | 41.4b | 52.4b | 65.3b |
| % growth | 58 % | 38 % | 37 % | 41 % | 36 % | 26 % | 25 % |
| EBITDA | (2.3b) | (519m) | (7.9b) | (4.1b) | 2.2b | 6.9b | 13.1b |
| % EBITDA margin | (21 %) | (3 %) | (37 %) | (14 %) | 5 % | 13 % | 20 % |
| Profit | (2.4b) | (1.5b) | (9.4b) | (6.3b) | (3.4b) | 559m | 5.5b |
| % profit margin | (21 %) | (9 %) | (44 %) | (21 %) | (8 %) | 1 % | 8 % |
| EV / revenue | 19.6x | 24.9x | 11.8x | 7.4x | 7.0x | 5.5x | 4.3x |
| EV / EBITDA | -95.1x | -748.0x | -31.9x | -54.2x | 130.5x | 42.0x | 21.5x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | JPY5.3m | Angel | |
| N/A | JPY20.8m | Early VC | |
| N/A | JPY103m | Seed | |
$5.0m | Series A | ||
$12.6m | Series B | ||
$13.3m | Series C | ||
$11.0m | Series D | ||
* | N/A | $25.0m Valuation: $500m | IPO |
| Total Funding | €39.0m | ||
Recent News about Money Forward
EditMoney Forward, Inc. is a leading financial technology company that provides comprehensive financial management solutions for both individuals and businesses. Operating primarily in the Japanese market, the company offers a range of services including personal finance management, business accounting software, and financial advisory services.
Money Forward serves a diverse client base, from individual users looking to manage their personal finances to small and medium-sized enterprises (SMEs) seeking efficient accounting solutions. The company's core products include Money Forward ME, a personal finance management app, and Money Forward Cloud, a suite of cloud-based accounting and business management tools.
The business model is primarily subscription-based, with users paying a monthly or annual fee for premium features and services. Additionally, Money Forward generates revenue through partnerships with financial institutions and other businesses, offering tailored financial solutions and data analytics services.
The company aims to simplify financial management, improve financial literacy, and promote transparency in financial transactions.
Keywords: financial technology, personal finance, business accounting, cloud-based solutions, financial advisory, subscription model, SMEs, financial literacy, data analytics, Japan.
Tech stack
