IS MONZO ABOUT TO COLLAPSE? Analysis And Deep Dive Into The Numbers

In the last few days Monzo have published their annual report which shows the company performance up to the end of February 2020.

In this report, Monzo have posted a huge £114m loss and the costs and losses of the business are growing at a faster rate than revenue which has led to many thinking is Monzo in trouble?

There has been a lot of media attention and speculation following the release of this report and I wanted to do a more analytical review, pointing out exactly what the important bits of the 147 pages are from my perspective.

I will walk you through all the key points, talk about a few critical parts in the report that I haven't seen others mention and show the numbers behind why people are concerned about the future of Monzo bank.

They have tried launching a new bank in the United States, they are trying lending and paid for Monzo Plus accounts in the UK but are these enough to get Monzo through this tough period?

Check out my recent Monzo Plus Review -    • Monzo Plus Review (2020) - Is It Wort...  

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DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.