Mogo Inc. (MOGO) Reports Q1 Core Revenues of $12.2M

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Go back to Mogo Inc. (MOGO) Reports Q1 Core Revenues of $12.2M

Mogo Announces First Quarter 2020 Financial Results

June 3, 2020 4:47 PM EDT

Aggressive response to COVID-19 expected to result in the Company generating $5.0-$6.0 million of Operating cash flow net of investing activities in Q2 2020

Company sees strong loan performance with record low default rates & 2% of customers currently receiving active relief

Mogo expanding monetization strategy with upcoming launch of referral model 

Mogo reports in Canadian dollars and in accordance with IFRS

VANCOUVER, British Columbia--(BUSINESS WIRE)--

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