Mogo (MOGO) Reports Q2 Net Income of $9M

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Go back to Mogo (MOGO) Reports Q2 Net Income of $9M

Mogo Reports Second Quarter 2021 Financial Results & Provides FY2022 Outlook

August 11, 2021 6:58 AM EDT

Member base grows 63% to 1.7 million at quarter end

Subscription and services revenue growth accelerates to 81% year over year reaching a record $8.2 million

Second quarter revenue grew 29% year over year to $13.7 million

Company increases Q4 2021 subscription and services revenue growth outlook to 100%-110% and introduces FY2022 revenue guidance 

Mogo reports in Canadian dollars and in accordance with IFRS

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