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Mogo Finance Technology (TSE:MOGO)
TSX:MOGO
Earnings Data
Report Date
Aug 07, 2025After Close (Confirmed)
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.15Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call highlighted growth in revenue, cash position, and assets under management, with a strategic shift towards wealth and payments segments. However, the exit from the institutional brokerage business, decline in interest revenue, and cautious lending approach were notable negatives. Overall, the highlights and lowlights were balanced.Company Guidance -
Q2 2025
Revenue Growth in 2024
Mogo Inc. grew revenue by 9% to $71.2 million in 2024, with a 16% increase in wealth revenue and a 21% increase in payments revenue.
Strong Cash and Investments Position
The company ended 2024 with $49.1 million in cash, marketable securities, and investments, an increase from $36.2 million in Q3.
Assets Under Management Growth
Assets under management in the wealth segment grew 22% year-over-year, reaching $428 million.
Payments Volume Increase
Payment volume processed increased by 16% year-over-year to $11.5 billion.
Subscription Services Revenue Growth
Subscription services revenue increased by 11% year-over-year.
Positive Net Income
The company reported a positive net income of $10.4 million for Q4 2024.
Strategic Focus on High-Growth Areas
Mogo is focusing on scaling wealth and payments segments, with projected revenues expected to grow by 20%-25% and mid to high teens, respectively, in 2025.
TSE:MOGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:MOGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | C$1.52 | C$1.50 | -1.32% |
Mar 20, 2025 | C$1.50 | C$1.36 | -9.33% |
Nov 06, 2024 | C$1.34 | C$1.48 | +10.45% |
Aug 08, 2024 | C$1.67 | C$1.84 | +10.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mogo Finance Technology (TSE:MOGO) report earnings?
Mogo Finance Technology (TSE:MOGO) is schdueled to report earning on Aug 07, 2025, After Close (Confirmed).
What is Mogo Finance Technology (TSE:MOGO) earnings time?
Mogo Finance Technology (TSE:MOGO) earnings time is at Aug 07, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:MOGO EPS forecast?
TSE:MOGO EPS forecast for the fiscal quarter 2025 (Q2) is -0.1.