Welcome to our dedicated page for Mogo news (Ticker: MOGO), a resource for investors and traders seeking the latest updates and insights on Mogo stock.
Mogo Inc (MOGO) is a leading Canadian fintech innovator providing digital financial solutions focused on credit health, smart spending, and identity protection. This dedicated news hub aggregates official press releases and verified updates about the company’s strategic initiatives, financial performance, and product developments.
Investors and stakeholders will find timely information on quarterly earnings, partnership announcements, and technology innovations shaping Mogo’s position in the digital finance sector. The curated collection includes updates about its core offerings: digital lending platforms, credit score monitoring tools, and fraud prevention services.
Bookmark this page to stay informed about Mogo’s market movements, leadership updates, and regulatory filings. All content is sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Mogo reported record Q4 revenue of $17.0 million, up 70% year-over-year, with subscription and services revenue growing 135% year-over-year. Total revenue for 2021 reached $57.5 million. Despite growth, adjusted EBITDA recorded a loss of $3.7 million in Q4, and a greater net loss of $29.6 million for the quarter, driven by a $22 million non-cash loss related to crypto asset valuations. The company ended 2021 with $193 million in cash and investments and has initiated a $10 million share repurchase program.
Mogo Inc. (NASDAQ:MOGO) has launched Mogo Ventures to manage its strategic investments, which include a 39% stake in Coinsquare and interests in crypto, Web3, and gaming firms such as Enthusiast Gaming (NASDAQ:EGLX). The venture aims to enhance Mogo’s ecosystem and drive shareholder value. The investment committee is led by Greg Feller and includes seasoned investors. As of December 31, 2021, Mogo’s portfolio was valued at $18.1 million, with $1.7 million in digital assets and $103.8 million in Coinsquare.
Mogo Inc. announced the appointment of Allan Smith as Head of its digital payments subsidiary, Carta Worldwide. This follows Mogo's acquisition of Carta in January 2021, which has significantly increased the company's market reach, targeting a global payments market projected to hit
Mogo Inc. (NASDAQ:MOGO, TSX:MOGO) will host a conference call and webcast on March 23, 2022, at 3:00 p.m. ET to discuss its Q4 & full-year 2021 financial results. The call will be led by CEO David Feller and CFO Greg Feller, with a slide presentation available during the live webcast. Mogo's digital solutions empower nearly 1.8 million members with tools such as a digital spending account, Mogo Visa Platinum Prepaid Card, and investment services. Financial results will be released prior to market open on the same day.
Mogo Inc. (NASDAQ:MOGO) will have Co-Founder & President Greg Feller participate in the Canaccord Genuity Digital Disruptor Conference on March 8, 2022, at 11:00 a.m. ET. Feller will join a panel discussing The Reshaping of Exchanges by Digital Disruption. Mogo provides digital payment solutions, serving nearly 1.8 million members. Their offerings include the Mogo Visa* Platinum Prepaid Card, which plants a tree for each purchase, along with services for bitcoin transactions, credit monitoring, and personal loans.
Mogo Inc. (NASDAQ:MOGO, TSX:MOGO), a digital payments and financial technology company, announced that Co-founder and President Greg Feller will participate in the Jefferies Payments & FinTech Summit on March 1st and 2nd, 2022. He will be available for one-on-one meetings at the event, which interested investors can schedule through their Jefferies representative. Mogo empowers nearly 1.8 million members with digital solutions, including a spending account, prepaid card, bitcoin trading, and various financial tools.
Mogo Inc. (NASDAQ:MOGO) has announced that President Greg Feller will participate in the BTIG Metaverse Unbound Conference on January 19, 2022, at 11:30am ET. He will hold a fireside chat and be available for one-on-one meetings. Mogo, boasting nearly 1.8 million members, offers digital solutions that include a prepaid card that plants a tree for every purchase, along with services like bitcoin trading and credit score monitoring. For details, visit mogo.ca.
Mogo Inc. (NASDAQ:MOGO) has appointed Allan Smith as its first Chief People Officer. Smith, with 15 years of experience in human resources, previously worked at SoFi (NASDAQ:SOFI) and Amazon (NASDAQ:AMZN). His expertise is expected to enhance Mogo's talent retention and organizational growth. CEO David Feller expressed optimism about Smith's leadership capabilities in scaling their fintech operations. Mogo serves nearly 1.8 million members with various digital financial solutions, including a prepaid card and cryptocurrency trading services.
Mogo has made a significant strategic investment in NFT Trader, acquiring an initial 25% stake with an option to increase to 50%. This move comes as NFTs gain traction, with trading volume skyrocketing to over
Mogo Inc. (NASDAQ:MOGO, TSX:MOGO) has launched MogoTrade, Canada's only commission-free stock trading app, offering real-time streaming quotes. The phased rollout begins in Q1 2022, allowing members to access free live stock prices and participate in commission-free trading. MogoTrade is a strategic move to tap into Canada's $8 trillion financial asset market and aims to enhance member engagement and growth. CEO David Feller emphasizes the transformation in investing towards a digital-first experience, while the President, Greg Feller, highlights this launch as a significant milestone for Mogo.
FAQ
What is the current stock price of Mogo (MOGO)?
What is the market cap of Mogo (MOGO)?
