Mogo Finance Technology (TSE:MOGO) has released an update.
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Mogo Finance Technology Inc. reported a 10% increase in Q2 2024 revenue to $17.6 million, alongside a rise in quarterly payments volume and a sequential growth in adjusted EBITDA. Despite these gains, the company experienced an adjusted net loss and a significant non-operating revaluation loss, ending the quarter with $41.5 million in cash and investments.
For further insights into TSE:MOGO stock, check out TipRanks’ Stock Analysis page.