Mogo Inc. (MOGO) Income Statement Analysis

See more : Companhia Brasileira de Distribuição (CBD) Income Statement Analysis – Financial Results

Complete financial analysis of Mogo Inc. (MOGO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Mogo Inc., a leading company in the Software – Infrastructure industry within the Technology sector.

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Mogo Inc. (MOGO)

Industry: Software - Infrastructure

Sector: Technology

Website: https://www.mogo.ca

About Mogo Inc.

Mogo Inc. operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health. It offers Mogo app to access a digital spending account with Mogo Visa Platinum Prepaid Card; MogoCrypto that enables the buying and selling of bitcoin; MogoProtect, a free ID fraud protection and monthly credit score monitoring; MogoMortgage, a digital mortgage experience; and MogoMoney that provides access to personal loans. The company also offers Mogo Trade, a free stock trading platform with real-time stock quotes and funding; and Mogo Ventures to manage its existing investments in strategic partners and companies. In addition, it operates Carta, a digital payments software platform that enable financial technology companies, banks, and corporations to issue payment products to consumers via multiple channels, including physical, virtual, and tokenized cards, as well as payment switching and routing services. Mogo Inc. was founded in 2003 and is headquartered in Vancouver, Canada.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	64.83M	68.95M	57.52M	44.25M	59.81M	61.28M	48.68M	49.87M	43.53M	23.40M	6.02M	6.18M
Cost of Revenue	18.56M	22.71M	11.48M	8.75M	18.79M	22.43M	15.87M	19.16M	16.41M	8.58M	0.00	0.00
Gross Profit	46.27M	46.24M	46.04M	35.50M	41.02M	38.85M	32.81M	30.71M	27.13M	14.82M	6.02M	6.18M
Gross Profit Ratio	71.37%	67.06%	80.04%	80.23%	68.59%	63.40%	67.40%	61.58%	62.31%	63.35%	100.00%	100.00%
Research & Development	10.59M	12.97M	10.67M	12.99M	14.99M	14.75M	11.37M	10.11M	7.60M	3.90M	1.26M	718.02K
General & Administrative	16.94M	28.91M	28.48M	10.35M	11.48M	11.18M	10.29M	10.34M	10.53M	4.91M	3.99M	3.58M
Selling & Marketing	3.34M	11.21M	16.47M	4.83M	9.41M	8.77M	6.85M	6.72M	10.79M	4.64M	1.06M	1.22M
SG&A	20.28M	40.12M	44.95M	15.18M	20.90M	19.95M	17.14M	17.06M	21.32M	9.55M	5.78M	5.54M
Other Expenses	19.67M	26.63M	24.35M	6.19M	8.79M	-37.84M	-16.76M	-13.40M	-10.77M	-8.59M	0.00	0.00
Operating Expenses	50.54M	79.72M	79.97M	34.36M	44.67M	43.08M	35.78M	34.40M	37.70M	19.30M	11.60M	9.53M
Cost & Expenses	69.10M	102.43M	91.45M	43.11M	63.46M	65.51M	51.65M	53.56M	54.10M	27.87M	11.60M	9.53M
Interest Income	-3.52M		0.00		0.00	0.00	18.19M	15.59M	8.06M	1.32M	0.00	0.00
Interest Expense	7.02M		9.20M		19.79M	17.39M	14.68M	12.38M	9.73M	7.43M	0.00	0.00
Depreciation & Amortization	9.07M	104.10M	78.94M	43.71M	83.72M	76.43M	68.48M	53.47M	1.69M	1.40M	4.98M	3.34M
EBITDA	-2.20M	-43.53M	-4.47M	2.13M	17.01M	2.24M	-1.56M	-2.01M	-8.77M	-3.07M	-597.41K	5.06M
EBITDA Ratio	-3.39%	-63.13%	-37.34%	24.23%	-7.19%	4.62%	1.19%	-2.95%	-20.43%	-16.02%	-9.93%	0.00%
Operating Income	-3.88M	-33.48M	-33.94M	2.31M	-3.65M	-4.23M	-2.97M	-3.69M	-10.57M	-4.47M	-4.98M	-3.34M
Operating Income Ratio	-5.98%	-48.56%	-59.00%	5.22%	-6.11%	-6.90%	-6.11%	-7.41%	-24.29%	-19.12%	-82.81%	-54.11%
Total Other Income/Expenses	-14.41M	-132.44M	2.09M	-14.58M	-7.17M	-17.79M	-16.82M	-13.40M	-10.77M	-8.59M	-6.70M	0.00
Income Before Tax	-18.29M	-166.01M	-33.44M	-13.45M	-10.83M	-22.02M	-19.73M	-17.09M	-21.35M	-13.07M	-5.58M	-3.34M
Income Before Tax Ratio	-28.21%	-240.78%	-58.14%	-30.39%	-18.10%	-35.94%	-40.53%	-34.27%	-49.04%	-55.84%	-92.74%	-54.11%
Income Tax Expense	-400.00K	-336.00K	-232.00K	13.53M	11.09M	-405.00K	-1.00K	515.00	3.35K	5.25K	10.68K	0.00
Net Income	-17.89M	-165.68M	-33.21M	-26.98M	-21.92M	-22.02M	-19.73M	-17.09M	-21.35M	-13.07M	-5.59M	-3.34M
Net Income Ratio	-27.59%	-240.29%	-57.74%	-60.97%	-36.65%	-35.94%	-40.53%	-34.27%	-49.05%	-55.87%	-92.91%	-54.11%
EPS	-0.72	-6.51	-1.59	-2.83	-2.57	-2.91	-3.22	-2.81	-4.88	-5.11	-2.52	-1.51
EPS Diluted	-0.72	-6.51	-1.58	-2.80	-2.57	-2.91	-3.22	-2.81	-4.88	-5.11	-2.52	-1.51
Weighted Avg Shares Out	24.84M	25.44M	20.89M	9.54M	8.52M	7.57M	6.13M	6.08M	4.38M	2.56M	2.22M	2.22M
Weighted Avg Shares Out (Dil)	24.85M	25.44M	21.00M	9.62M	8.52M	7.57M	6.13M	6.08M	4.38M	2.56M	2.22M	2.22M

Mogo to Participate in the Canaccord Genuity Digital Disruptor Conference

February 23, 2022businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that Greg Feller, Co-Founder & President, will be participating in the Canaccord Genuity Digital Disruptor Conference, which is being held...

Mogo to Participate in the Jefferies Payments & FinTech Summit

February 15, 2022businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that Greg Feller, Co-founder and President, will be participating in the Jefferies Payments & FinTech Summit, which is being held...

Mogo to Participate in BTIG Metaverse Unbound Conference

January 14, 2022businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that Greg Feller, President, will be participating in the BTIG Metaverse Unbound Conference, which is being held virtually on January...

Mogo Appoints Senior Tech Executive as Chief People Officer

January 12, 2022businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced the appointment of highly experienced leader Allan Smith to the newly created role of Chief People Officer. Smith brings to...

Mogo Launches MogoTrade Commission-Free Stock Trading App

December 21, 2021businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced the launch and phased rollout of MogoTrade, a stock trading app that sets a new bar for commission-free trading in...

Mogo Receives Final Regulatory Approval for Launch of MogoTrade

December 20, 2021businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial-technology company, today announced it has received final approval from the Investment Industry Regulatory Organization of Canada (“IIROC”) for the launch of MogoTrade, Mogo's commission-free...

Mogo Expands Credit Facility and Lowers Interest Rate

December 17, 2021businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), one of Canada's leading financial technology companies, today announced amendments to its existing senior credit facility (“Credit Facility”) with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”)....

Mogo Announces Closing of US$27.5 Million Registered Direct Offering

December 13, 2021businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a financial technology, digital payments and crypto company, announced today that it has closed its previously announced sale to certain institutional investors of an aggregate of 6,111,112 common shares...