Mogo (MOGO) Reports Q1 Revenues of $11.4M
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Mogo Reports First Quarter 2021 Financial Results
May 13, 2021 7:51 AM EDTThird consecutive quarter of accelerating net member additions, up over 35% from Q4 2020
Second consecutive quarter of accelerating sequential growth in subscription & services revenue, up 32% from Q4 2020
Concurrently announces agreements to increase ownership in Canadas leading crypto trading platform, Coinsquare, to 37% while retaining a warrant to increase ownership up to 48%
Ended the quarter with over $120 million in cash and investments
Mogo reports in Canadian dollars and in accordance with IFRS
VANCOUVER, British Columbia--(BUSINESS... More
