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Mogo Inc. (MOGO) 10-Year Financial Performance & Capital Metrics

MOGO • • Industrial / General
TechnologyInfrastructure SoftwarePayment Processing & Digital CommerceDigital Commerce & BNPL Platforms
AboutMogo Inc. operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health. It offers Mogo app to access a digital spending account with Mogo Visa Platinum Prepaid Card; MogoCrypto that enables the buying and selling of bitcoin; MogoProtect, a free ID fraud protection and monthly credit score monitoring; MogoMortgage, a digital mortgage experience; and MogoMoney that provides access to personal loans. The company also offers Mogo Trade, a free stock trading platform with real-time stock quotes and funding; and Mogo Ventures to manage its existing investments in strategic partners and companies. In addition, it operates Carta, a digital payments software platform that enable financial technology companies, banks, and corporations to issue payment products to consumers via multiple channels, including physical, virtual, and tokenized cards, as well as payment switching and routing services. Mogo Inc. was founded in 2003 and is headquartered in Vancouver, Canada.Show more
  • Revenue $71M +9.2%
  • EBITDA $5M -9.2%
  • Net Income -$14M +23.5%
  • EPS (Diluted) -0.56 +22.2%
  • Gross Margin 65.56% -8.4%
  • EBITDA Margin 6.62% -16.9%
  • Operating Margin -5.21% +12.4%
  • Net Margin -19.21% +29.9%
  • ROE -15.64% +10.5%
  • ROIC -1.71% +1.1%
  • Debt/Equity 1.05 +11.1%
  • Interest Coverage -0.50 +9.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.4x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 16 (bottom 16%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y11.77%
5Y3.55%
3Y7.37%
TTM-1.49%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM148.33%

EPS CAGR

10Y-
5Y-
3Y-
TTM148.44%

ROCE

10Y Avg-8.4%
5Y Avg-7.21%
3Y Avg-6.51%
Latest-2.93%

Peer Comparison

Digital Commerce & BNPL Platforms
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Size & Scale
Valuation
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
KLARKlarna Group plc10.82B28.694282.0921.17%-9.4%-10.65%5.01%0.35
AFRMAffirm Holdings, Inc.20.78B71.81478.7338.8%6.74%7.07%2.9%2.56
GCTGigaCloud Technology Inc.1.2B41.5813.6364.96%10.62%28.39%11.83%1.20
KSPIJoint Stock Company Kaspi.kz15.06B78.950.0133.36%30.32%46.92%100%0.14
KPLTKatapult Holdings, Inc.32.67M6.92-1.1611.56%-9.98%
MOGOMogo Inc.29.01M1.22-2.189.18%10.86%9.71%1.05

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+43.53M49.87M48.68M61.28M59.8M44.24M57.52M68.95M65.22M71.21M
Revenue Growth %0.86%0.15%-0.02%0.26%-0.02%-0.26%0.3%0.2%-0.05%0.09%
Cost of Goods Sold+16.41M19.16M15.87M22.43M18.79M8.75M11.48M22.71M18.56M24.53M
COGS % of Revenue0.38%0.38%0.33%0.37%0.31%0.2%0.2%0.33%0.28%0.34%
Gross Profit+27.13M30.71M32.81M38.85M41.02M35.5M46.04M46.24M46.66M46.68M
Gross Margin %0.62%0.62%0.67%0.63%0.69%0.8%0.8%0.67%0.72%0.66%
Gross Profit Growth %0.83%0.13%0.07%0.18%0.06%-0.13%0.3%0%0.01%0%
Operating Expenses+37.7M34.4M35.78M43.08M44.67M34.36M81.57M79.81M50.53M50.39M
OpEx % of Revenue0.87%0.69%0.74%0.7%0.75%0.78%1.42%1.16%0.77%0.71%
Selling, General & Admin21.32M17.06M17.14M19.95M20.9M14.63M44.95M40.12M20.27M20.46M
SG&A % of Revenue0.49%0.34%0.35%0.33%0.35%0.33%0.78%0.58%0.31%0.29%
Research & Development7.6M10.11M11.37M14.75M14.99M5.13M10.67M12.97M10.59M10.63M
R&D % of Revenue0.17%0.2%0.23%0.24%0.25%0.12%0.19%0.19%0.16%0.15%
Other Operating Expenses-10.77M-13.4M-16.76M-37.84M8.79M14.59M25.95M26.73M19.67M19.3M
Operating Income+-10.57M-3.69M-2.97M-4.23M-3.65M1.14M-35.53M-33.58M-3.88M-3.71M
Operating Margin %-0.24%-0.07%-0.06%-0.07%-0.06%0.03%-0.62%-0.49%-0.06%-0.05%
Operating Income Growth %-1.36%0.65%0.2%-0.42%0.14%1.31%-32.2%0.06%0.88%0.04%
EBITDA+-8.88M49.78M65.5M72.21M4.39M9.55M-22.8M-20.94M5.19M4.71M
EBITDA Margin %-0.2%1%1.35%1.18%0.07%0.22%-0.4%-0.3%0.08%0.07%
EBITDA Growth %-1.89%6.61%0.32%0.1%-0.94%1.17%-3.39%0.08%1.25%-0.09%
D&A (Non-Cash Add-back)1.69M53.47M68.48M76.43M8.05M8.41M12.74M12.64M9.07M8.42M
EBIT-10.47M-4.71M-5.05M-4.63M8.96M-6.29M-28.08M-160.13M-11.27M-6.63M
Net Interest Income+-9.74M-12.38M-14.68M-17.39M-19.79M0-9.2M-5.89M-10.54M-7.39M
Interest Income8.06M15.59M000000-3.52M0
Interest Expense9.73M12.38M14.68M17.39M19.79M09.2M5.89M7.02M7.39M
Other Income/Expense-10.77M-13.4M-16.82M-17.79M-7.17M-14.58M2.09M-132.44M-14.41M-10.31M
Pretax Income+-21.35M-17.09M-19.73M-22.02M-10.82M-13.45M-33.44M-166.01M-18.29M-14.02M
Pretax Margin %-0.49%-0.34%-0.41%-0.36%-0.18%-0.3%-0.58%-2.41%-0.28%-0.2%
Income Tax+3.35K515-1K000-232K-336K-400K-341K
Effective Tax Rate %1%1%1%1%1%1%0.99%1%0.98%0.98%
Net Income+-21.35M-17.09M-19.73M-22.02M-10.82M-13.45M-33.21M-165.68M-17.89M-13.68M
Net Margin %-0.49%-0.34%-0.41%-0.36%-0.18%-0.3%-0.58%-2.4%-0.27%-0.19%
Net Income Growth %-0.63%0.2%-0.15%-0.12%0.51%-0.24%-1.47%-3.99%0.89%0.24%
Net Income (Continuing)-21.35M-17.09M-19.73M-22.02M-10.82M-13.45M-33.21M-165.68M-17.89M-13.68M
Discontinued Operations0000000000
Minority Interest067.41M69.09M109.02M000000
EPS (Diluted)+-4.88-2.81-3.22-2.91-2.57-2.80-1.58-6.51-0.72-0.56
EPS Growth %0.05%0.42%-0.15%0.1%0.12%-0.09%0.44%-3.12%0.89%0.22%
EPS (Basic)-4.88-2.81-3.22-2.91-2.57-2.83-1.59-6.51-0.72-0.56
Diluted Shares Outstanding4.38M6.08M6.13M7.57M8.52M9.62M21M25.44M24.85M24.4M
Basic Shares Outstanding4.38M6.08M6.13M7.57M8.52M9.54M20.89M25.44M24.84M24.4M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+96.25M82.04M116.19M110.29M102.32M62.34M135.34M100.08M118.99M106.78M
Cash & Short-Term Investments31.72M18.62M40.56M20.44M10.42M12.12M67.76M29.27M42.47M34.62M
Cash Only31.72M18.62M40.56M20.44M10.42M12.12M67.76M29.27M16.13M8.53M
Short-Term Investments0000000026.33M26.09M
Accounts Receivable000088.66M47.23M64.28M66.73M73.48M68.11M
Days Sales Outstanding----541.08389.6407.94353.27411.2349.14
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets0000001.45M1.58M1.74M2.51M
Total Non-Current Assets+11.09M16.99M18.51M21.95M48.78M42.13M258.52M121.42M88.78M82.86M
Property, Plant & Equipment4.24M3.92M3.21M3.02M6.59M4.77M4.62M3.72M1.2M448K
Fixed Asset Turnover10.27x12.72x15.18x20.32x9.07x9.27x12.46x18.52x54.53x158.94x
Goodwill00000070.11M38.35M38.35M38.35M
Intangible Assets6.85M12.25M14.9M18.66M21.26M18.91M52.3M41.83M36.56M31.08M
Long-Term Investments1.62M157.5K343K-132.23M20.79M18.45M123.63M37.51M12.66M12.98M
Other Non-Current Assets-1.62M-98.36M-134.64M273K137K07.87M000
Total Assets+107.34M99.03M134.7M132.23M151.1M104.47M393.87M221.49M207.76M189.65M
Asset Turnover0.41x0.50x0.36x0.46x0.40x0.42x0.15x0.31x0.31x0.38x
Asset Growth %1.17%-0.08%0.36%-0.02%0.14%-0.31%2.77%-0.44%-0.06%-0.09%
Total Current Liabilities+45.44M51.54M64.58M85.58M87.73M45.49M65.77M67.16M73.52M70.97M
Accounts Payable0004.57M7.13M3.29M4.96M5.69M6.45M4.51M
Days Payables Outstanding---74.33138.49137.31157.791.39126.7967.19
Short-Term Debt000076.47M37.64M44.98M46.18M49.41M48.79M
Deferred Revenue (Current)000-1000K000000
Other Current Liabilities00076.47M0750K5.71M7.85M10.46M8.95M
Current Ratio2.12x1.59x1.80x1.29x1.17x1.37x2.06x1.49x1.62x1.50x
Quick Ratio2.12x1.59x1.80x1.29x1.17x1.37x2.06x1.49x1.62x1.50x
Cash Conversion Cycle----------
Total Non-Current Liabilities+41.88M41.79M56.33M55.34M61.62M53.74M58.32M43.45M40.52M37.46M
Long-Term Debt80.71M86.04M109.65M53.41M56.41M49.41M39.79M38.27M36.78M35.29M
Capital Lease Obligations00005.21M4.34M3.95M3.28M2.71M1.54M
Deferred Tax Liabilities0-93.33M-120.91M-140.93M001.89M1.48M1.03M630K
Other Non-Current Liabilities6.61M7.29M11.25M87.52M0012.69M419K00
Total Liabilities87.32M93.33M120.91M140.93M149.35M99.23M124.09M110.61M114.04M108.43M
Total Debt+80.71M86.04M109.65M129.34M138.09M91.39M88.72M87.73M88.9M85.62M
Net Debt48.99M67.41M69.09M108.9M127.67M79.27M20.96M58.46M72.76M77.09M
Debt / Equity4.03x1.18x1.32x1.29x78.82x17.45x0.33x0.79x0.95x1.05x
Debt / EBITDA-1.73x1.67x1.79x31.42x9.57x--17.13x18.17x
Net Debt / EBITDA-1.35x1.05x1.51x29.05x8.30x--14.02x16.36x
Interest Coverage-1.09x-0.30x-0.20x-0.24x-0.18x--3.86x-5.70x-0.55x-0.50x
Total Equity+20.03M73.11M82.89M100.32M1.75M5.24M269.78M110.89M93.72M81.22M
Equity Growth %4.22%2.65%0.13%0.21%-0.98%1.99%50.52%-0.59%-0.15%-0.13%
Book Value per Share4.5712.0213.5313.250.210.5412.854.363.773.33
Total Shareholders' Equity20.03M5.7M13.79M-8.69M1.75M5.24M269.78M110.89M93.72M81.22M
Common Stock45.31M45.65M71.39M75.05M94.5M106.73M392.63M391.24M389.81M389.72M
Retained Earnings-26.81M-43.9M-63.63M-90.78M-101.61M-115.05M-148.26M-313.94M-331.83M-345.51M
Treasury Stock0000000000
Accumulated OCI-1.85M-2.32M-3.14M-6.04M00926K559K243K-416K
Minority Interest067.41M69.09M109.02M000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-56.97M-12.72M-21.36M-29.2M-15.21M43.8M-31.09M-27.01M-9.17M-1.27M
Operating CF Margin %-1.31%-0.26%-0.44%-0.48%-0.25%0.99%-0.54%-0.39%-0.14%-0.02%
Operating CF Growth %-1.47%0.78%-0.68%-0.37%0.48%3.88%-1.71%0.13%0.66%0.86%
Net Income-21.35M-17.09M-19.73M-22.02M-10.82M-13.45M-33.21M-165.68M-17.89M-13.68M
Depreciation & Amortization1.69M2.04M3.49M7.06M8.05M8.41M12.74M12.64M9.07M8.42M
Stock-Based Compensation1.19M1.07M1.34M1.32M1.73M2.04M11.68M8.71M2.48M1.94M
Deferred Taxes15.54M18.11M15.41M17.34M00-285K0-400K-341K
Other Non-Cash Items387.84K892.76K1.33M2.2M8.13M47.53M-3.73M135.85M18.54M18.77M
Working Capital Changes-54.43M-17.75M-23.2M-35.11M-22.29M-735K-18.28M-18.53M-20.97M-16.38M
Change in Receivables-57.26M-15.64M-24.93M0-22.21M2.08M-17.08M00-15.81M
Change in Inventory0000000000
Change in Payables1.43M-429.7K2.49M2.92M-323K-3.33M2.78M01.9M-2.2M
Cash from Investing+-8.73M-7.34M-5.42M-11.05M-9.09M-4.97M-39.59M-9.15M-3.09M-2.79M
Capital Expenditures-8.73M-7.34M-5.42M-11.05M-647K-23K-464K-455K-214K-79K
CapEx % of Revenue0.2%0.15%0.11%0.18%0.01%0%0.01%0.01%0%0%
Acquisitions----------
Investments----------
Other Investing-4.64M-6.4M-5.02M-7.64M-8.44M-4.8M-8.75M-8.69M-3.21M-3.17M
Cash from Financing+73.82M6.96M48.72M20.14M14.27M-37.13M125.86M-3.08M-861K-3.52M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing-647.71K16.13K148K311K13.13M2.57M7.91M69K00
Net Change in Cash----------
Free Cash Flow+-65.7M-20.06M-26.78M-40.26M-24.3M38.99M-39.06M-27.46M-12.59M-4.53M
FCF Margin %-1.51%-0.4%-0.55%-0.66%-0.41%0.88%-0.68%-0.4%-0.19%-0.06%
FCF Growth %-1.59%0.69%-0.34%-0.5%0.4%2.6%-2%0.3%0.54%0.64%
FCF per Share-15.01-3.30-4.37-5.32-2.854.05-1.86-1.08-0.51-0.19
FCF Conversion (FCF/Net Income)2.67x0.74x1.08x1.33x1.41x-3.26x0.94x0.16x0.51x0.09x
Interest Paid000017.51M007.91M00
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-309.32%-36.7%-25.29%-24.04%-21.21%-384.8%-24.15%-87.05%-17.48%-15.64%
Return on Invested Capital (ROIC)-17.39%-2.64%-1.52%-1.76%-1.62%0.8%-14.2%-10.95%-1.73%-1.71%
Gross Margin62.31%61.58%67.4%63.4%68.59%80.23%80.04%67.06%71.54%65.56%
Net Margin-49.05%-34.27%-40.53%-35.94%-18.1%-30.39%-57.74%-240.29%-27.43%-19.21%
Debt / Equity4.03x1.18x1.32x1.29x78.82x17.45x0.33x0.79x0.95x1.05x
Interest Coverage-1.09x-0.30x-0.20x-0.24x-0.18x--3.86x-5.70x-0.55x-0.50x
FCF Conversion2.67x0.74x1.08x1.33x1.41x-3.26x0.94x0.16x0.51x0.09x
Revenue Growth86.03%14.56%-2.38%25.87%-2.4%-26.02%30%19.87%-5.41%9.18%

Revenue by Geography

2023
CANADA59.1M
CANADA Growth-
Europe6.12M
Europe Growth-
Other-
Other Growth-

Frequently Asked Questions

Growth & Financials

Mogo Inc. (MOGO) reported $69.3M in revenue for fiscal year 2024. This represents a 1021% increase from $6.2M in 2012.

Mogo Inc. (MOGO) grew revenue by 9.2% over the past year. This is steady growth.

Yes, Mogo Inc. (MOGO) is profitable, generating $7.5M in net income for fiscal year 2024 (-19.2% net margin).

Dividend & Returns

Mogo Inc. (MOGO) has a return on equity (ROE) of -15.6%. Negative ROE indicates the company is unprofitable.

Mogo Inc. (MOGO) generated $3.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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