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Mogo Inc. (T:MOGO)

Business Focus: Consumer Lending (NEC)

Sector:  Financials Industry:  Consumer Lending
 
Company Contact
Address: 2100 - 401 West Georgia Street
VANCOUVER BC V6B 5A1
Tel: 1-416-3478954
Website: https://www.mogo.ca
IR: See website
Key People
David Marshall Feller
Chairman of the Board, Chief Executive Officer, Founder
Gregory D. Feller
President, Chief Financial Officer, Director
 
Business Overview
Mogo Inc. is a Canada-based digital finance company. The Company provides simple digital solutions to help them in building wealth and achieve financial freedom. Its trade app, MogoTrade, offers lowest cost way to invest while making a positive impact with every investment. The Company also offers digital loans and mortgages. Through its wholly owned subsidiary, Carta Worldwide, the Company also offer a digital payments platform that powers card programs for both established global corporations and fintech companies in Europe and Canada.
Financial Overview
For the fiscal year ended 31 December 2023, Mogo Inc revenues decreased 5% to C$65.2M. Net loss decreased 89% to C$17.9M. Revenues reflect Subscription and services decrease of 7% to C$38.8M, Interest revenue decrease of 3% to C$26.4M. Lower net loss reflects Impairment of investment accounted for u decrease from C$58.3M (expense) to C$0K, Unrealized (gain) loss on investment por increase from C$8M (expense) to C$9.7M (income).
Employees: 255 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $135.70M as of Dec 31, 2023
Annual revenue (TTM): $65.22M as of Dec 31, 2023
EBITDA (TTM): $5.20M as of Dec 31, 2023
Net annual income (TTM): -$17.89M as of Dec 31, 2023
Free cash flow (TTM): -$12.59M as of Dec 31, 2023
Net Debt Last Fiscal Year: $72.76M as of Dec 31, 2023
Shares outstanding: 24,515,909 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization