Mogo Reports Results for Q4 & FY 2023
Mogo Inc. - Common Shares (MOGO)
Company Research
Source: Business Wire
Payments volume increased 36% year-over-year to $9.9 billionQ4 Revenue of $17.2 million, up 6% sequentiallyQ4 Adjusted EBITDA1 of $2.7 million (16% margin), up 1006% from the prior year; FY 2023 Adjusted EBITDA reaches $7.7 millionEnded year with $55.6 million of cash and total investments2, including $27.7 million crypto-related investmentsMogo reports in Canadian dollars and in accordance with IFRS VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced its financial and operational results for the fourth quarter and fiscal year ended December 31, 2023.“Our focus in 2023 was to build a more profitable and efficient company, while at the same time increasing product velocity and driving user experience improvements for our digital wealth platform,” said David Feller, Mogo’s Founder and CEO. “We made excellent progress on both fronts, meaningfully improving both the value of
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News
- Mogo Reiterates Support for KAOS Capital’s Call for Change at WonderFiBusiness Wire
- Mogo Nominates Independent Candidate for Election to WonderFi’s Board of Directors – Supports KAOS Capital’s Call for a Fundamental Transformation of BoardBusiness Wire
- Mogo to resume share repurchases under NASDAQ buyback programBusiness Wire
- Mogo Inc. (NASDAQ: MOGO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $8.00 price target on the stock.MarketBeat
- Mogo Inc. (NASDAQ: MOGO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $8.00 price target on the stock.MarketBeat
MOGO
Sec Filings
- 4/4/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/21/24 - Form 6-K
- MOGO's page on the SEC website