Mogo Historical Income Statement
| MOGO Stock | USD 0.95 0.01 1.04% |
Historical analysis of Mogo income statement accounts such as Total Revenue of 53.8 M can show how well Mogo Inc performed in making a profits. Evaluating Mogo income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mogo's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mogo Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mogo Inc is a good buy for the upcoming year.
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About Mogo Income Statement Analysis
Mogo Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mogo shareholders. The income statement also shows Mogo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Mogo Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Mogo Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Cost Of Revenue
Cost of Revenue is found on Mogo Inc income statement and represents the costs associated with goods and services Mogo provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Mogo's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mogo Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of the 23rd of March 2025, Interest Expense is likely to grow to about 11.6 M, while Selling General Administrative is likely to drop about 15.8 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 46.2M | 46.3M | 53.2M | 37.5M | Total Revenue | 68.9M | 64.8M | 74.6M | 53.8M |
Mogo income statement Correlations
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Mogo Account Relationship Matchups
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Mogo income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 12.4M | 9.2M | 5.9M | 7.0M | 8.1M | 11.6M | |
| Selling General Administrative | 10.4M | 28.5M | 28.9M | 16.9M | 19.5M | 15.8M | |
| Total Revenue | 44.2M | 57.5M | 68.9M | 64.8M | 74.6M | 53.8M | |
| Gross Profit | 35.5M | 46.0M | 46.2M | 46.3M | 53.2M | 37.5M | |
| Other Operating Expenses | 43.1M | 91.5M | 102.4M | 69.1M | 79.5M | 62.2M | |
| Operating Income | 2.3M | (33.9M) | (33.5M) | (3.9M) | (3.5M) | (3.7M) | |
| Net Income From Continuing Ops | (13.4M) | (33.2M) | (165.7M) | (101.3M) | (91.2M) | (86.6M) | |
| Ebit | (41.6M) | (83.4M) | (147.6M) | (11.3M) | (10.1M) | (10.6M) | |
| Research Development | 13.0M | 10.7M | 13.0M | 10.6M | 12.2M | 11.0M | |
| Cost Of Revenue | 8.7M | 11.5M | 22.7M | 18.6M | 21.3M | 16.4M | |
| Total Operating Expenses | 34.4M | 80.0M | 79.7M | 50.5M | 58.1M | 46.0M | |
| Income Before Tax | (13.4M) | (33.4M) | (166.0M) | (18.3M) | (16.5M) | (17.3M) | |
| Total Other Income Expense Net | (14.6M) | 2.1M | (132.4M) | (14.4M) | (13.0M) | (13.6M) | |
| Net Income Applicable To Common Shares | (22.0M) | (10.8M) | (13.4M) | (33.2M) | (29.9M) | (28.4M) | |
| Net Income | (27.0M) | (33.2M) | (165.7M) | (17.9M) | (16.1M) | (16.9M) | |
| Income Tax Expense | 13.5M | (232K) | (336K) | (400K) | (460K) | (437K) | |
| Depreciation And Amortization | 43.7M | 78.9M | 104.1M | 9.1M | 10.4M | 9.9M | |
| Selling And Marketing Expenses | 4.8M | 16.5M | 11.2M | 3.3M | 3.8M | 3.6M | |
| Ebitda | 2.1M | (4.5M) | (43.5M) | (2.2M) | (2.0M) | (2.1M) | |
| Net Interest Income | (12.4M) | (11.5M) | (8M) | (8.9M) | (10.3M) | (10.8M) | |
| Reconciled Depreciation | 8.4M | 12.7M | 12.6M | 9.8M | 11.3M | 9.8M |
Pair Trading with Mogo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mogo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mogo will appreciate offsetting losses from the drop in the long position's value.Moving together with Mogo Stock
Moving against Mogo Stock
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| 0.42 | GB | Global Blue Group | PairCorr |
The ability to find closely correlated positions to Mogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mogo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mogo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mogo Inc to buy it.
The correlation of Mogo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mogo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mogo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mogo. If investors know Mogo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mogo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.234 | Earnings Share (0.45) | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
The market value of Mogo Inc is measured differently than its book value, which is the value of Mogo that is recorded on the company's balance sheet. Investors also form their own opinion of Mogo's value that differs from its market value or its book value, called intrinsic value, which is Mogo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mogo's market value can be influenced by many factors that don't directly affect Mogo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mogo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.