Mogo Reports Results for Q4 & FY 2024
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Mogo Inc. reported its Q4 and FY 2024 financial results, highlighting a 19% growth in Wealth revenue for Q4, leading to a nearly $12 million annual run rate.
March 20, 2025 | 11:30 am
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Mogo Inc. reported a significant 19% growth in its Wealth revenue for Q4 2024, achieving a nearly $12 million annual run rate. This indicates strong performance in its digital wealth and payments business.
The reported 19% growth in Wealth revenue for Q4 2024 and the achievement of a $12 million annual run rate are positive indicators of Mogo's business performance. This growth suggests a strong market position and potential for future revenue increases, likely leading to a positive short-term impact on Mogo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100