MOGO vs DAVE vs ATLC vs AFRM

For growth investors, Atlanticus Holdings Corporation (ATLC) is the stronger pick with 53.

3% revenue growth year-over-year, versus 9. 2% for Mogo Inc. (MOGO). Atlanticus Holdings Corporation (ATLC) offers the better valuation at 13. 1x trailing P/E (8. 6x forward), making it the more compelling value choice. Analysts rate Dave Inc. (DAVE) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Atlanticus Holdings Corporation (ATLC) is the cheapest at 13.

1x versus Affirm Holdings, Inc. at 437. 2x. On forward P/E, Atlanticus Holdings Corporation is actually cheaper at 8. 6x.

Over the past 5 years, Atlanticus Holdings Corporation (ATLC) delivered a total return of +136.

2%, compared to -95. 7% for Mogo Inc. (MOGO). Over 10 years, the gap is even starker: ATLC returned +24. 8% versus MOGO's -83. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Atlanticus Holdings Corporation (ATLC) is the lower-risk stock at 1.

81β versus Affirm Holdings, Inc. 's 2. 72β — meaning AFRM is approximately 50% more volatile than ATLC relative to the S&P 500. On balance sheet safety, Dave Inc. (DAVE) carries a lower debt/equity ratio of 21% versus 11% for Atlanticus Holdings Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Atlanticus Holdings Corporation (ATLC) is pulling ahead at 53.

3% versus 9. 2% for Mogo Inc. (MOGO). On earnings-per-share growth, the picture is similar: Dave Inc. grew EPS 222. 9% year-over-year, compared to 22. 2% for Mogo Inc.. Over a 3-year CAGR, DAVE leads at 35. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Dave Inc.

(DAVE) is the more profitable company, earning 38. 3% net margin versus -19. 2% for Mogo Inc. — meaning it keeps 38. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ATLC leads at 22. 7% versus -5. 2% for MOGO. At the gross margin level — before operating expenses — DAVE leads at 79. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Atlanticus Holdings Corporation (ATLC) trades at 8.

6x forward P/E versus 60. 8x for Affirm Holdings, Inc. — 52. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DAVE: 25. 5% to $309. 25.

In this comparison, ATLC (0.

8% yield) pays a dividend. MOGO, DAVE, AFRM do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Atlanticus Holdings Corporation (ATLC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0.

8% yield). Affirm Holdings, Inc. (AFRM) carries a higher beta of 2. 72 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ATLC: +24. 8%, AFRM: -32. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (MOGO (Technology) and DAVE (Technology) and ATLC (Financial Services) and AFRM (Technology)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: MOGO is a small-cap quality compounder stock; DAVE is a small-cap high-growth stock; ATLC is a small-cap high-growth stock; AFRM is a mid-cap high-growth stock. ATLC pays a dividend while MOGO, DAVE, AFRM do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.