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Stock impact report

Mogo Reports Results for Q3 2024 and Expects Positive Adjusted Net Income for 2025 [Yahoo! Finance]

Mogo Inc. - Common Shares (MOGO) 
Company Research Source: Yahoo! Finance
AUM Increased 22% year-over-year to $409 million Adjusted EBITDA increased sequentially to $2.1 million in Q3 2024 M ogo reports in Canadian dollars and in accordance with IFRS VANCOUVER, British Columbia, November 06, 2024 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 third quarter ended September 30, 2024. "We've made ‘sustainable profitability' our strategic priority, and our third quarter results reinforce that our work over the past year has helped the Company get a lot closer to this goal," said David Feller, Mogo's Founder and CEO. "At the same time, we continue to make the right investments in our wealth and payments platforms to support future growth in both markets. We have meaningfully enhanced the value proposition of our wealth products with features like the AI co-pilot, and our partnership with Postmedia gives us an efficient chann Show less Read more
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