Moody Technology Holdings Lowers Cost and Expense Ratios in First Half of 2025

Reuters
Nov 06
Moody Technology Holdings Lowers Cost and Expense Ratios in First Half of 2025

Moody Technology Holdings Ltd. announced a supplemental update regarding its annual results for the year ended 31 December 2024 and provided additional information on its cost control measures. The company reported a decrease in its cost to revenue ratio from approximately 6.8% for the six months ended 30 June 2024 to approximately 4.5% for the six months ended 30 June 2025. Additionally, the general and administrative expenses to revenue ratio declined from about 19.5% to 16.2% over the same periods. The company stated that these decreases reflect the effectiveness of its cost control measures implemented during the six months ended 30 June 2025. Moody Technology Holdings Ltd. indicated that it will continue to provide quarterly updates on significant developments.

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