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MOGO News and Press, Mogo Finance Technology Inc. From 03/23/22

Stock Information

Company Name: Mogo Finance Technology Inc.
Stock Symbol: MOGO
Market: NASDAQ
Website: mogo.ca

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MOGO - Why Mogo Stock Soared 20% on Wednesday

Mogo (TSX:MOGO) (NASDAQ:MOGO) shares exploded 20% on Wednesday. This came after Mogo stock announced solid earnings and a new venture program. What happened? Mogo stock announced its fourth-quarter results on Wednesday, reporting total revenue up 70% year over year. This...

MOGO - Mogo rallies on record Q4 revenue amid subscription & services revenue growth, outlook ahead of consensus

Mogo (NASDAQ:MOGO) trades 15.2% higher premarket after it reported record revenue of $17M (+70% Y/Y) led by subscription and services revenue growth accelerates to 135% Y/Y to $10.7M. Subscription and services revenue for 2021 increased 80% to $34.4M, exceeding guidance range. ...

MOGO - Mogo Finance Technology reports Q4 results

Mogo Finance Technology press release (NASDAQ:MOGO): Q4 Net loss of $29.6M Revenue of $17M (+70.0% Y/Y) beats by $4.42M. Adjusted EBITDA of -$3.65M FY22 Outlook: Total revenues of $75 million to $80 million vs consensus of $59.78M. Improving adjusted EBITDA as a percentage of revenu...

MOGO - Mogo Reports Record Revenue for Q4 2021

Record Q4 revenue of $17.0 million, up 70% year over year Subscription and services revenue growth accelerates to 135% year over year $193 million of cash and total investments at year end 1 Company announces share repurchase program up to US$...

MOGO - Mogo Announces Formation of Mogo Ventures to Manage its $124 Million Investment Portfolio

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today announced the formation of Mogo Ventures to manage its existing investments in strategic partners and companies that support...

MOGO - Mogo Finance Technology Q4 2021 Earnings Preview

Mogo Finance Technology (NASDAQ:MOGO) is scheduled to announce Q4 earnings results on Wednesday, March 23rd, before market open. The consensus EPS Estimate is -$0.11 and the consensus Revenue Estimate is $12.58M (+25.8% Y/Y). Over the last 3 months, EPS estimates have seen 1 upward revis...

MOGO - Mogo Appoints Allan Smith as Head of Payments Subsidiary, Carta Worldwide

Former executive at Sofi/Galileo takes on expanded role Carta Worldwide 2021 payment processing volume grew over 50% to ~$8.5 billion Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financia...

MOGO - Why Mogo Stock Jumped 12% on Wednesday

MOGO (TSX:MOGO) (NASDAQ:MOGO) stock climbed 12% on Wednesday, as the company announced earnings will be reported in the coming weeks. What happened? The announcement by MOGO stock comes just as the fintech company is seeing a recovery among tech stocks. In particular, cr...

MOGO - Mogo Schedules Q4 2021 Earnings Conference Call

Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced it will hold a conference call and webcast to discuss its Q4 & full-year 2021 financial results on Wednesday, March 23, 2022...

MOGO - Tetra Trust and Knox Partner to Bring Institutional-Grade Insured Crypto Custody to Canada

CALGARY, Alberta, March 01, 2022 (GLOBE NEWSWIRE) -- Tetra Trust Company (“ Tetra Trust ” or “ Tetra ”) today announced a strategic alliance with KNØX Capital Inc. and KNØX Industries Inc. (collectively “ Knox ”), whereby Tetra...

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