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Mogo Inc. (T:MOGO)

Business Focus: Financial Technology (Fintech) (NEC)

Sector:  Technology Industry:  Financial Technology (Fintech)
 
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, Co-Founder
Gregory D. Feller
President, Co-Founder, Chief Financial Officer, Director
Taoufik Ben Ezzaahhaf
Vice President - Engineering
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 nine months ended 30 September 2024, Mogo Inc revenues increased 11% to C$53.2M. Net loss decreased 9% to C$24.1M. Revenues reflect Canada segment increase of 9% to C$47.4M, Europe segment increase of 22% to C$5.7M. Lower net loss reflects Equity Earnings -Before Taxes decrease from C$3M (expense) to C$0K, Restructuring charges decrease of 100% to C$14K (expense).
Employees: 204 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $128.07M as of Sep 30, 2024
Annual revenue (TTM): $70.32M as of Sep 30, 2024
EBITDA (TTM): $5.01M as of Sep 30, 2024
Net annual income (TTM): -$15.56M as of Sep 30, 2024
Free cash flow (TTM): -$7.64M as of Sep 30, 2024
Net Debt Last Fiscal Year: $77.17M as of Sep 30, 2024
Shares outstanding: 24,472,377 as of Sep 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization