Mogo (MOGO) Reports Q2 Net Loss of $9.48M

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Go back to Mogo (MOGO) Reports Q2 Net Loss of $9.48M

Mogo Reports Second Quarter 2022 Financial Results

August 11, 2022 7:45 AM EDT

Q2 revenue of $17.3 million, up 27% year over year

Member base increases 18% year over year to 2.0 million

During the quarter, Mogo implemented cost saving initiatives to accelerate path to profitability

Ended quarter with cash, digital assets & investments of $122 million2

Company announces removal of waitlist for MogoTrade

Mogo reports in Canadian dollars and in accordance with IFRS

VANCOUVER, British Columbia--(BUSINESS... More