Mogo Reports Results for Q4 & FY 2024
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Mogo Inc. reported its Q4 and FY 2024 results, highlighting a 19% growth in Wealth revenue, reaching nearly a $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 nearly a $12 million annual run rate, indicating strong performance in its digital wealth and payments business.
The reported 19% growth in Wealth revenue and the achievement of a $12 million annual run rate are positive indicators of Mogo's business performance. This growth suggests strong operational execution and could lead to increased investor confidence, likely resulting in a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100