Mogo Management

Management criteria checks 2/4

Mogo's CEO is Dave Feller, appointed in Jan 2003, has a tenure of 21.83 years. total yearly compensation is CA$965.44K, comprised of 44% salary and 56% bonuses, including company stock and options. directly owns 3.71% of the company’s shares, worth CA$1.89M. The average tenure of the management team and the board of directors is 13.3 years and 2.6 years respectively.

Key information

Dave Feller

Chief executive officer

CA$965.4k

Total compensation

CEO salary percentage	44.0%
CEO tenure	21.8yrs
CEO ownership	3.7%
Management average tenure	13.3yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Feller's remuneration changed compared to Mogo's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-CA$16m
Jun 30 2024	n/a	n/a	-CA$17m
Mar 31 2024	n/a	n/a	-CA$15m
Dec 31 2023	CA$965k	CA$425k	-CA$18m
Sep 30 2023	n/a	n/a	-CA$101m
Jun 30 2023	n/a	n/a	-CA$112m
Mar 31 2023	n/a	n/a	-CA$154m
Dec 31 2022	CA$1m	CA$425k	-CA$166m
Sep 30 2022	n/a	n/a	-CA$120m
Jun 30 2022	n/a	n/a	-CA$110m
Mar 31 2022	n/a	n/a	-CA$49m
Dec 31 2021	CA$2m	CA$383k	-CA$33m
Sep 30 2021	n/a	n/a	-CA$6m
Jun 30 2021	n/a	n/a	CA$4m
Mar 31 2021	n/a	n/a	-CA$6m
Dec 31 2020	CA$1m	CA$267k	-CA$13m
Sep 30 2020	n/a	n/a	-CA$17m
Jun 30 2020	n/a	n/a	-CA$24m
Mar 31 2020	n/a	n/a	-CA$16m
Dec 31 2019	CA$474k	CA$353k	-CA$11m
Sep 30 2019	n/a	n/a	-CA$10m
Jun 30 2019	n/a	n/a	-CA$11m
Mar 31 2019	n/a	n/a	-CA$23m
Dec 31 2018	CA$617k	CA$360k	-CA$22m
Sep 30 2018	n/a	n/a	-CA$23m
Jun 30 2018	n/a	n/a	-CA$20m
Mar 31 2018	n/a	n/a	-CA$19m
Dec 31 2017	CA$972k	CA$360k	-CA$20m

Compensation vs Market: Dave's total compensation ($USD690.54K) is above average for companies of similar size in the Canadian market ($USD170.32K).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.

CEO

Dave Feller (56 yo)

21.8yrs

Tenure

CA$965,444

Compensation

Mr. David Marshall Feller, also known as Dave, Founded Mogo Inc. in 2003 and has been its Chief Executive Officer since April 12, 2013. Mr. Feller is a Co-Founder and Partner of Bluestone.vc. Mr. Feller is...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Feller	Founder	21.8yrs	CA$965.44k	3.71% CA$ 1.9m
Gregory Feller	President	13.3yrs	CA$1.20m	1.74% CA$ 887.8k
Justin Carter	Chief Operating Officer	1.7yrs	CA$349.96k	0.033% CA$ 16.6k
Taoufik Ezzaahhaf	Vice President of Engineering at Carta	no data	CA$346.36k	no data

13.3yrs

Average Tenure

56yo

Average Age

Experienced Management: MOGO's management team is seasoned and experienced (13.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Feller	Founder	21.3yrs	CA$965.44k	3.71% CA$ 1.9m
Gregory Feller	President	9.6yrs	CA$1.20m	1.74% CA$ 887.8k
Kees Van Winters	Independent Director	1.4yrs	CA$122.69k	0.44% CA$ 226.8k
Christopher Payne	Independent Director	3.8yrs	CA$169.90k	0.47% CA$ 238.5k
Kristin McAlister	Independent Director	1.4yrs	CA$128.25k	no data
Alex Shan	Independent Director	less than a year	no data	no data

2.6yrs

Average Tenure

56yo

Average Age

Experienced Board: MOGO's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Mogo Management

Management criteria checks 2/4

Key information

Recent management updates

President recently bought CA$109k worth of stock

Mogo Inc. Appoints Alex Shan as Director

Director recently bought CA$232k worth of stock

Mogo Inc., Annual General Meeting, Jun 27, 2024

High number of new directors

Mogo Inc. Announces Board Elections

Recent updates

President recently bought CA$109k worth of stock

New major risk - Revenue and earnings growth

Mogo Inc. to Report Q3, 2024 Results on Nov 06, 2024

Mogo Inc. Reiterates Earnings Guidance for the Fiscal Year 2024

Mogo Inc. to Report Q2, 2024 Results on Aug 08, 2024

Mogo Inc. Appoints Alex Shan as Director

Director recently bought CA$232k worth of stock

Mogo Inc., Annual General Meeting, Jun 27, 2024

Mogo Inc. Launches Buffalo Mode Self-Directed Investing App

Consensus estimates of losses per share improve by 19%

Mogo Inc. to Report Q1, 2024 Results on May 09, 2024

Consensus EPS estimates fall by 41%, revenue upgraded

Mogo Inc. Launches New Moka.ai Investing App Designed to Help the Next Generation of Canadians Become Millioners

Mogo Inc. to Report Q4, 2023 Results on Mar 20, 2024

Price target decreased by 25% to CA$4.75

Mogo Inc. to Report Q3, 2023 Results on Nov 09, 2023

Mogo Regains Compliance with Nasdaq Minimum Bid Price Requirement

Consensus EPS estimates fall by 239%, revenue upgraded

New major risk - Share price stability

Mogo Inc. to Report Q2, 2023 Results on Aug 10, 2023

High number of new directors

Mogo Inc. Announces Board Elections

Mogo Inc. Provides Earnings Guidance for the Year 2023

Mogo Inc. to Report Q1, 2023 Results on May 11, 2023

Price target increased by 26% to CA$3.00

Price target decreased by 32% to CA$2.38

Mogo Inc. Revises Revenue Guidance for the Full Year of 2022

Mogo Inc. to Report Q3, 2022 Results on Nov 10, 2022

Mogo Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Price target decreased to CA$3.50

Consensus EPS estimates fall by 57%

Mogo Inc. Reiterates Earnings Guidance for the Fiscal Year 2022

Mogo Inc. to Report Q2, 2022 Results on Aug 11, 2022

Chief People Officer recently bought CA$84k worth of stock

Consensus EPS estimates fall by 26%

Mogo Inc. Updates Earnings Guidance for 2022

Mogo Inc., Annual General Meeting, Jun 28, 2022

Price target decreased to CA$8.42

Consensus forecasts updated

Price target decreased to CA$13.17

Mogo Inc. Launches MogoTrade Commission-Free Stock Trading App

Mogo Inc. has completed a Composite Units Offering in the amount of $27.500004 million.

Mogo Inc. (TSX:MOGO) completed the acquisition of Fortification Capital Inc.

Consensus EPS estimates increase to -CA$0.23

Investor sentiment deteriorated over the past week

Mogo Inc. Provides Earnings Guidance for the Fiscal Year 2022

Price target decreased to CA$13.83

Independent Director recently sold CA$1.8m worth of stock

Mogo Inc. (TSX:MOGO) completed the acquisition of 2% stake in Coinsquare Ltd. from Michael Diamond and two affiliated companies CAD 8.8 million.

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

Mogo Inc. (TSX:MOGO) entered into a binding letter of intent to acquire Fortification Capital Inc.

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).

Mogo Inc. (TSX:MOGO) completed the acquisition of Moka Financial Technologies Inc. from Desjardins Capital, NAventures, Ferst Capital Partners, Tactico Inc. and others.

An unknown buyer acquired Vena Solutions Inc. from Mogo Inc. (TSX:MOGO) for approximately $4.7 million.

Mogo Inc. to Report Q4, 2020 Results on Mar 23, 2021

Mogo Inc. has completed a Follow-on Equity Offering in the amount of $54.000014 million.

Mogo Inc. (TSX:MOGO) entered into a definitive agreement to acquire 19.99% stake in Coinsquare Ltd. for CAD 56.4 million.

Christopher Payne Joins Mogo Inc.'s Board of Directors

Mogo Inc. Introduces 1% Bitcoin Cashback Rewards

Mogo Inc. Announces the Appointment of Highly Experienced Marketing Executive Christopher Day as Its New Vice President of Marketing

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.

Mogo Announces Mogospend Now Supports Apple Pay, Google Pay and Samsung Pay

Mogo Inc. to Report Q3, 2020 Results on Nov 10, 2020

Mogo Inc. to Launch Mobile Peer-To-Peer Payment Solution

Mogo Inc. to Report Q2, 2020 Results on Aug 11, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation