Market CapCan someone explain to me how Mogo current market cap is $23M usd yet Mogo claims yheir investment portfolio is valued at $40M including cash.
Am I missing domething here?
Also they love to state Carta investment/ownership processed $2.8B in payment volume, funny they never highlight the revenue or net profit. They love to dazzle the markets in news releases with $2.8B number.
They constantly news release the running total of users at over 2M subscribers but never state number of users who actually pay for services!
Smoke & Mirrors Folks, been operating for over 15 years, they are not a start up nor are they profitable.