Mogo Finance Group, an international fintech, shows strong financial results in the first quarter of 2021. The Group’s companies earned €33.6 million in revenue in 14 countries, which is a 45% year-over-year increase according to the company’s unaudited financial results. The Group continued to demonstrate strong performance for the third consecutive quarter following the initial [...]
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From strong product performance and high-quality portfolio to consistent profits OPERATIONAL AND STRATEGIC HIGHLIGHTS Sustained performance across all active markets with reduced Covid-19 impact.Improvement of portfolio quality driven by effective debt collection processes and underwriting policies in the past twelve months.Solid growth of most recently launched vehicle financing product groups. The Premium car financing solution [...]
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2019-05-15 Mogo Finance News
Riga, Latvia, 10 May 2021. Mogo Finance and its group companies (the “Group”), specialized in vehicle and consumer financing, cordially invites investors and analysts to an earnings call with the Management Board on 18 May 2021, 15:00 CET, following the publication of its unaudited 3M 2021 results on 14 May 2021. Group CEO Modestas Sudnius and CFO Maris Kreics accompanied by CRO Julija [...]
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Nasdaq announces that bonds issued by AS “mogo” have been listed on the Nasdaq Baltic Bond List by Nasdaq Riga as of March 11, 2021. The size of the issue of unsecured bonds with a nominal value of EUR 1,000 is EUR 30 million. The bonds have an annual interest rate of 11%, and interest [...]
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Mogo Finance Group second year in a row has been listed on Financial Times 1000 ranking of Europe’s fastest growing companies. Mogo Finance is one of the third of whole listed companies that has achieved to be included in the ranking repeatedly. The rating is the result of a joint initiative by the Financial Times [...]
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On March 1, 2021, AS “mogo” issued bonds in the amount of EUR 30 million, thus, successfully completing the largest bond issue in recent years by a private company on Nasdaq Riga Stock Exchange.   With an annual coupon rate of 11%, 3-year maturity and minimum subscription amount of EUR 1’000, the bonds were offered [...]
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AS “mogo” unaudited financial results
AS “mogo” invites investors, mass media representatives and other stakeholders to join its investor conference webinar scheduled on February 18, 2021 at 04:00 PM (EET). To join the webinar please follow the instructions below. Webinar will be hosted by Mogo Finance Group CEO Modestas Sudnius and CFO Maris Kreics. The presentation will be held in [...]
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EUR 46 million record EBITDA – Resilient to turbulences and strong foundation for 2021   OPERATIONAL AND STRATEGIC HIGHLIGHTS Continued strong performance in Mogo markets on pandemic recovery; no impact from second Covid-19 waveSuccessful divestment of the North Macedonia operations previously being on hold since beginning of the pandemicStable issuance balance in Q4 q-o-q despite [...]
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Mogo Finance S.A.: Unaudited 12M 2020 results on 15 February 2021 – Invitation to earnings call on 17 February 2021Riga, Latvia, 9 February 2021. Mogo Finance and its group companies (the “Group”), specialized in used car financing, cordially invites investors and analysts to an earnings call with the Management Board on 17 February 2021, 15:00 CET, [...]
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On February 2, 2021, the Financial and Capital Market Commission of Latvia approved the Base Prospectus of EUR 30 000 000 Bonds Programme of AS “mogo”.  Within the framework of EUR 30 000 000, JSC “mogo” commences the public offering period for bonds that will last from February 12, 2021 to February 25, 2021. The public offering consists of [...]
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