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Bullboard - Stock Discussion Forum Mogo Inc T.MOGO

Alternate Symbol(s):  MOGO

Financial Services Credit Services Blockchain
Mogo Inc. is a Canada-based digital finance company. The Company provides simple digital solutions to help them in building wealth and achieve financial freedom. Its trade app, MogoTrade, offers lowest cost way to invest while making a positive impact with every investment. The Company also offers digital loans and mortgages. Through its wholly owned subsidiary, Carta Worldwide, the Company... see more

TSX:MOGO - Post Discussion

Mogo Inc > Management Compensation
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Post by Viking2233 on Oct 18, 2024 7:57pm

Management Compensation

So management decided to do a reverse 3:1 split crippling the company to a 36M market cap. The company is down 23% for 12 months, 55% past 2 years, 88% over past 5 years.

My question is did Management and the board adjust their compensation lower to comensate.

I doubt it very much!

I believe Ceo and president take home $1M per year, special advisor $250K, board menbers????

How does a company with a $36M market cap have 200 employess?

How does a company according to yahoo finance with negative 45% profitability and 36M market cap pay top two executives $2M annually between salary and options??
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Mogo Inc