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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 > Market Cap
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Post by Viking2233 on Nov 05, 2024 7:25pm

Market Cap

Can 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.
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Mogo Inc