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Mogo Inc. (T:MOGO)

Business Focus: Consumer Lending (NEC)

Sector:  Financials Industry:  Consumer Lending
See Regulatory Filings on SEDAR
Company Contact
Address: 2100 - 401 West Georgia Street
Tel: 1-416-3478954
IR: See website
Key People
David Marshall Feller
Chairman of the Board, Chief Executive Officer, Founder
Gregory D. Feller
President, Chief Financial Officer, Director
Alice Davidson
Vice President, General Counsel
Justin Carter
Vice President- Growth
Macully Clayton
Vice President- Product
Business Overview
Mogo Inc is a Canada-based financial technology company. The Company offers a financial health application that offers consumers with simple solutions to help them manage and control their finances. It allows users to sign up for a MogoAccount and get access to products, including free credit score monitoring, identity fraud protection, digital spending account with Platinum Prepaid Visa Card, digital mortgage experience, the MogoCrypto account, which enables the buying and selling of bitcoin, and access to smart consumer credit products through MogoMoney. The Company also provides digital payments solutions. Its subsidiaries include Carta Worldwide and Moka Financial Technologies Inc.
Financial Overview
For the nine months ended 30 September 2021, MogoInc revenues increased 18% to C$40.5M. Net loss decreased66% to C$3.6M. Revenues reflect Subscription and servicesincrease of 63% to C$23.7M. Lower net loss reflectsRealized Gain/Loss on Derivative-Hedging increase from C$0Kto C$9M (income), Unrealized loss on investment portfolioincrease from C$4M (expense) to C$2.8M (income).
Employees: 172 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $290.21M as of Sep 30, 2021
Annual revenue (TTM): $50.53M as of Sep 30, 2021
EBITDA (TTM): -$14.74M as of Sep 30, 2021
Net annual income (TTM): -$6.43M as of Sep 30, 2021
Free cash flow (TTM): -$27.08M as of Sep 30, 2021
Net Debt Last Fiscal Year: $40.61M as of Sep 30, 2021
Shares outstanding: 70,541,771 as of Sep 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization