Mogo Inc.
TSX:MOGO Stock Report
Mogo Balance Sheet Health
Financial Health criteria checks 3/6 Mogo has a total shareholder equity of CA$70.6M and total debt of CA$84.6M, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are CA$183.2M and CA$112.6M respectively.
Key information
119.9%
Debt to equity ratio
Interest coverage ratio n/a Cash CA$9.77m Equity CA$70.60m Total liabilities CA$112.63m Total assets CA$183.22m
Recent financial health updates
Mogo Regains Compliance with Nasdaq Minimum Bid Price Requirement Sep 02
Mogo Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency Oct 31
Show all updates
New major risk - Revenue and earnings growth Nov 07
Mogo Inc. to Report Q3, 2024 Results on Nov 06, 2024 Oct 28
Mogo Inc. Reiterates Earnings Guidance for the Fiscal Year 2024 Aug 09
Mogo Inc. to Report Q2, 2024 Results on Aug 08, 2024 Jul 29
Mogo Inc. Appoints Alex Shan as Director Jun 28
Director recently bought CA$232k worth of stock Jun 10
Mogo Inc., Annual General Meeting, Jun 27, 2024 May 22
Mogo Inc. Launches Buffalo Mode Self-Directed Investing App May 16
Consensus estimates of losses per share improve by 19% May 16
Mogo Inc. to Report Q1, 2024 Results on May 09, 2024 May 06
Consensus EPS estimates fall by 41%, revenue upgraded Mar 27
Mogo Inc. Launches New Moka.ai Investing App Designed to Help the Next Generation of Canadians Become Millioners Mar 15
Mogo Inc. to Report Q4, 2023 Results on Mar 20, 2024 Mar 12
Price target decreased by 25% to CA$4.75 Nov 11
Mogo Inc. to Report Q3, 2023 Results on Nov 09, 2023 Oct 28
Mogo Regains Compliance with Nasdaq Minimum Bid Price Requirement Sep 02
Consensus EPS estimates fall by 239%, revenue upgraded Aug 17
New major risk - Share price stability Aug 11
Mogo Inc. to Report Q2, 2023 Results on Aug 10, 2023 Aug 04
High number of new directors Jul 04
Mogo Inc. Announces Board Elections Jun 28
Mogo Inc. Provides Earnings Guidance for the Year 2023 May 12 Mogo Inc. to Report Q1, 2023 Results on May 11, 2023
Price target increased by 26% to CA$3.00 Mar 30
Price target decreased by 32% to CA$2.38 Feb 10 Mogo Inc. Revises Revenue Guidance for the Full Year of 2022
Mogo Inc. to Report Q3, 2022 Results on Nov 10, 2022 Nov 04
Mogo Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency Oct 31
Price target decreased to CA$3.50 Sep 17
Consensus EPS estimates fall by 57% Aug 18
Mogo Inc. Reiterates Earnings Guidance for the Fiscal Year 2022 Aug 12
Mogo Inc. to Report Q2, 2022 Results on Aug 11, 2022 Jul 30
Chief People Officer recently bought CA$84k worth of stock Jul 03
Consensus EPS estimates fall by 26% May 19
Mogo Inc. Updates Earnings Guidance for 2022 May 13 Mogo Inc., Annual General Meeting, Jun 28, 2022
Price target decreased to CA$8.42 Apr 27
Consensus forecasts updated Mar 30
Price target decreased to CA$13.17 Jan 14
Mogo Inc. Launches MogoTrade Commission-Free Stock Trading App Dec 22
Mogo Inc. has completed a Composite Units Offering in the amount of $27.500004 million. Dec 14
Mogo Inc. (TSX:MOGO) completed the acquisition of Fortification Capital Inc. Sep 02
Consensus EPS estimates increase to -CA$0.23 Aug 18
Investor sentiment deteriorated over the past week Aug 18 Mogo Inc. Provides Earnings Guidance for the Fiscal Year 2022
Price target decreased to CA$13.83 Aug 12
Independent Director recently sold CA$1.8m worth of stock Jun 28
Mogo Inc. (TSX:MOGO) completed the acquisition of 2% stake in Coinsquare Ltd. from Michael Diamond and two affiliated companies CAD 8.8 million. Jun 16
Mogo Inc. (TSX:MOGO) completed the acquisition of an unknown minority stake in Coinsquare Ltd. from Riot Blockchain, Inc. (NasdaqCM:RIOT) for CAD 16.6 million Jun 05
Mogo Inc. (TSX:MOGO) entered into a binding letter of intent to acquire Fortification Capital Inc. May 18
Mogo Inc. (TSX:MOGO) entered into a binding term sheet to acquire an unknown minority stake in Coinsquare Ltd. from Riot Blockchain, Inc. (NasdaqCM:RIOT). May 15
Mogo Inc. (TSX:MOGO) completed the acquisition of Moka Financial Technologies Inc. from Desjardins Capital, NAventures, Ferst Capital Partners, Tactico Inc. and others. May 06
An unknown buyer acquired Vena Solutions Inc. from Mogo Inc. (TSX:MOGO) for approximately $4.7 million. Apr 29
Mogo Inc. to Report Q4, 2020 Results on Mar 23, 2021 Mar 06
Mogo Inc. has completed a Follow-on Equity Offering in the amount of $54.000014 million. Feb 25
Mogo Inc. (TSX:MOGO) entered into a definitive agreement to acquire 19.99% stake in Coinsquare Ltd. for CAD 56.4 million. Feb 12 Christopher Payne Joins Mogo Inc.'s Board of Directors
Mogo Inc. Introduces 1% Bitcoin Cashback Rewards Jan 22
Mogo Inc. Announces the Appointment of Highly Experienced Marketing Executive Christopher Day as Its New Vice President of Marketing Jan 14
Mogo Inc. (TSX:MOGO) entered into a definitive agreement to acquire Carta Worldwide Inc. from Carta’s senior management, board members, key outside shareholders and others for CAD 24.2 million. Nov 18
Mogo Announces Mogospend Now Supports Apple Pay, Google Pay and Samsung Pay Nov 07
Mogo Inc. to Report Q3, 2020 Results on Nov 10, 2020 Oct 14
Mogo Inc. to Launch Mobile Peer-To-Peer Payment Solution Sep 26
Mogo Inc. to Report Q2, 2020 Results on Aug 11, 2020 Jul 17
Financial Position Analysis
Short Term Liabilities: MOGO's short term assets (CA$86.2M) exceed its short term liabilities (CA$25.8M).
Long Term Liabilities: MOGO's short term assets (CA$86.2M) do not cover its long term liabilities (CA$86.9M).
Debt to Equity History and Analysis
Debt Level: MOGO's net debt to equity ratio (106.1%) is considered high .
Reducing Debt: MOGO's debt to equity ratio has reduced from 1643.3% to 119.9% over the past 5 years.
Cash Runway Analysis For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MOGO has sufficient cash runway for more than a year based on its current free cash flow .
Forecast Cash Runway: MOGO has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.
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