Mogo Reports First Quarter 2021 Financial Results

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Go back to Mogo Reports First Quarter 2021 Financial Results

Mogo (MOGO) Reports Q1 Revenues of $11.4M

May 13, 2021 7:52 AM EDT

Mogo (NASDAQ: MOGO) reported Q1 revenue for the quarter came in at $11.4 million, versus $10 million reported last year.

Third consecutive quarter of accelerating net member additions, up over 35% from Q4 2020Second consecutive quarter of accelerating sequential growth in subscription & services revenue, up 32% from Q4 2020Concurrently announces agreements to increase ownership in Canadas leading crypto trading platform, Coinsquare, to 37% while retaining a warrant to increase ownership up to 48%

The first quarter was among the most active and strategically important periods in Mogos history. We are building the most... More