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21.07.25 - 13:36
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Mogo′s WonderFi Stake Set for Monetization Following Shareholder Approval of Robinhood Acquisition (Business Wire)
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Paves the way for expanded Bitcoin treasury strategy and strategic investments in Mogo's digital finance platformVANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ: MOGO; TSX: MOGO), a digital wealth and payments company, today provided an update on the previously announced acquisition of WonderFi Technologies Inc. (“WonderFi”) by Robinhood Markets, Inc. (“Robinhood”).
On July 17, 2025, WonderFi announced that its securityholders voted in favor of the proposed acquisition at a special meeting of securityholders. The full voting results and next steps can be found in WonderFi's press release.
Mogo is WonderFi's largest shareholder, holding approximately 82 million common shares of the company.
“We're pleased to see WonderFi shareholders strongly support this transaction, which marks another step forward toward closing,” said Greg Feller, President of Mogo. “As WonderFi's largest shareholder, we expect this deal to unlock significant liquidity that will further strengthen our...
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11.07.25 - 13:42
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Mogo Acquires 9% Stake in Bitcoin & Gold Treasury Company Digital Commodities Capital Corp. (Business Wire)
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Strategic investment aligns with Mogo's mission to build the future of intelligent finance through a dual-compounding fintech and Bitcoin capital strategyVANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (“Mogo” or the “Company”) (NASDAQ: MOGO; TSX: MOGO), a Canadian fintech on a mission to build the future of intelligent finance, empowering consumers to grow wealth through innovative financial products and a capital strategy anchored by Bitcoin, today announced it has completed a strategic investment of approximately 9% in Digital Commodities Capital Corp. (“Digital Commodities”) (CSE: DIGI; OTCQB: DGCMF).
Digital Commodities is a publicly listed investment issuer building a differentiated capital platform, primarily focused on acquiring and holding Bitcoin and physical gold. These hard, non-fiat assets serve as the foundation of the company's treasury strategy and are intended to function as long-term reserves managed with discipline and transparency.
“We believe Digital Commoditie...
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07.07.25 - 13:54
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Mogo Repurchases 2% of Outstanding Shares in Q2 2025 (Business Wire)
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Future Buybacks to Be Evaluated Against Bitcoin Hurdle Rate
Mogo Retains Significant Buyback Capacity Under Current Buyback ProgramVANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (“Mogo” or the “Company”) (NASDAQ: MOGO; TSX: MOGO), a Canadian financial technology company offering solutions across wealth, lending, and payments, today announced that it repurchased approximately 2% of its currently issued and outstanding shares during the second quarter of 2025 under its previously announced NASDAQ buyback program.
During the quarter, the Company repurchased 523,091 common shares at an average price of approximately US$1.44 per share. The shares were purchased for cancellation, reducing the total number of shares outstanding to approximately 24 million as of June 30, 2025.
“This repurchase activity reflects our continued commitment to disciplined capital allocation and long-term shareholder value,” said Greg Feller, President & Co-Founder. “We view share buybacks as a strategic use of c...
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01.07.25 - 05:00
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Mogo Announces Results of its Annual General Meeting of Shareholders (Business Wire)
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VANCOUVER, British Columbia--(BUSINESS WIRE)--The annual general meeting of shareholders (the "Meeting") of Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO;) ("Mogo" or the "Company"), a digital wealth and payments business, was held today via live audiocast online and the Company is pleased to announce that all resolutions put forward, being the election of directors, the appointment of the auditors of the Company, and the renewal of the Company's stock option plan and all unallocated options thereunder, were approved. Each of the matters voted upon at the Meeting is discussed in detail in the Company's management information circular dated June 4, 2025 (the “Circular”), which can be found under the Company's profile on SEDAR+ (www.sedarplus.ca).
The total number of votes cast by shareholders by proxy or online at the Meeting was 9,529,647 votes, representing 38.94% of the Company's outstanding shares as at May 23, 2025. The voting results are detailed below.
Election of Directo...
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17.05.25 - 02:48
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Why MOGO Stock Soared 81% This Week (Fool)
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MOGO stock surged this week from some headline news, so what should investors think?
The post Why MOGO Stock Soared 81% This Week appeared first on The Motley Fool Canada....
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08.05.25 - 13:21
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Mogo Reports Results for Q1 2025 (Business Wire)
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Total Revenue of $17.3 million
Wealth Revenue growth of 41% over prior year
Payments Revenue growth of 34% over prior year
Solid Balance Sheet with Cash1, Marketable Securities & Investments of $38.8 million
Mogo reports in Canadian dollars and in accordance with IFRS
VANCOUVER, British Columbia--(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 first quarter ended March 31, 2025.
“Our Q1 results were highlighted by continued strong double-digit growth from our Wealth and Payments businesses – the two main growth priorities for Mogo,” said Greg Feller, Mogo's Chief Financial Officer. “Given our current scale in these markets, and the massive opportunity for disruption through innovation, we are making disciplined investments in these businesses while maintaining positive Adjusted EBITDA. This is about scaling intelligently and with agility as we build for long...
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02.05.25 - 22:09
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Mogo to Announce Q1 2025 Financial Results May 8, 2025 (Business Wire)
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VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced it will hold a conference call and webcast to discuss its Q1 2025 financial results on Thursday, May 8, 2025 at 3:00 p.m. ET. The call will be hosted by David Feller, Mogo's Founder & CEO, and Greg Feller, President & CFO. The live webcast will include a slide presentation. The Company will issue its financial results prior to market open on May 8.
CONFERENCE CALL DETAILS:
DATE:
Thursday, May 8, 2025
TIME:
3:00 p.m. (ET)
DIAL-IN NUMBER:
(289) 514-5100 (Local) or (800) 717-1738
Conference ID: 77526
REPLAY:
(289) 819-1325 or (888) 660-6264 until June 8, 2025
Playback code: 77526#
LIVE WEBCAST:
http://investors.mogo.ca/
About Mogo
Mogo Inc. (NASDAQ:MOGO; TSX:MOGO) is a financial technology company with three distinct business lines: wealth, lending, and payments. Our mission is to provide consumers with innovative financial solutions that...
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20.03.25 - 12:21
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Mogo Reports Results for Q4 & FY 2024 (Business Wire)
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Company reports Net Income of $10.4 million for Q4 2024
Total Revenue Increases 5% in Q4 and totaled $71.2 million for FY 2024
Wealth Revenue Increases 19% in Q4 and totaled $10.7 million for FY 2024
Payments Revenue Increases 27% in Q4 and totaled $8.6 million for FY 2024
Ended Year with Cash(1), Marketable Securities & Investments totaling $49.1 million
Mogo reports in Canadian dollars and in accordance with IFRS
VANCOUVER, British Columbia--(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 fourth quarter and fiscal year ended December 31, 2024.
“Our Q4 2024 results represent a pivotal moment for our Wealth business. We saw an acceleration in Wealth revenue growth to 19% in Q4, pushing our Total Wealth revenue to nearly a $12 million annual run rate,” said David Feller, Mogo's Founder and CEO. “This is not just a number—it's a direct reflection of the uniqu...
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19.03.25 - 14:42
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Mogo to Announce Q4 2024 Financial Results March 20, 2025 (Business Wire)
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VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced it will hold a conference call and webcast to discuss its Q4 & full-year 2024 financial results on Thursday, March 20, 2025 at 10:30 a.m. ET. The call will be hosted by David Feller, Mogo's Founder & CEO, and Greg Feller, President & CFO. The live webcast will include a slide presentation. The Company will issue its financial results prior to market open on March 20.
CONFERENCE CALL DETAILS:
DATE:
Thursday, March 20, 2025
TIME:
10:30 a.m. (ET)
DIAL-IN NUMBER:
(289) 514-5100 (Local) or (800) 717-1738
Conference ID: 68136
REPLAY:
(289) 819-1325 or (888) 660-6264 until December 6, 2024
Playback code: 68136#
LIVE WEBCAST:
http://investors.mogo.ca/
About Mogo
Mogo Inc. (NASDAQ:MOGO; TSX:MOGO) is a financial technology company with three distinct business lines: wealth, lending, and payments. Our mission is to provide consumers with innovati...
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