Gadric
: MOGO Inc. schafft es mit den großen mitzuhalten?
Mogo bietet einen guten Mix an Services an und baut so eine gute Basis an Nutzerzahlen auf. Jetzt können diese Nutzer auch direkt mit der App Bitcoins handeln. Angesichts des volatilen Bitcoin Kurses ist das sehr interessant. Außerdem bezahlen die Nutzer für die Services auch monatliche Gebühren, so dass auch Geld verdient wird.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (?Mogo? or the ?Company?), a digital payments and financial technology company empowering the next generation of consumers, today announced the closing of its acquisition of Carta Solutions Holding Corporation ("Carta"), a leader in providing next-gen digital payments solutions. The acquisition was previously disclosed in a press release on November 17, 2020.
Q4 2020 Net member additions up over 50% from Q3 2020
FY 2020 Revenue of $44.2 million and Adjusted EBITDA of $11.6 million
Entered $2.5 trillion global payments market with closing of Carta acquisition
Announced strategic investment in Canada?s premier cryptocurrency platform
Entering the $4+ trillion Canadian wealth management industry with announced acquisition of leading saving and investing app, Moka Financial Technologies Inc.
"Mogo today announced that it has extended its unique bitcoin cashback rewards program ? which currently applies to the Mogo Visa* Platinum Prepaid Card and digital spending account ? to include MogoMortgage. Under the program, Mogo members who take out a new mortgage or refinance with Mogo can earn up to $3,100 cashback deposited in their Bitcoin and Rewards account."
- Member base grows 63% to 1.7 million at quarter end - Subscription and services revenue growth accelerates to 81% year over year reaching a record $8.2 million - Second quarter revenue grew 29% year over year to $13.7 million - Company increases Q4 2021 subscription and services revenue growth outlook to 100%-110% and introduces FY2022 revenue guidance
Total revenue for Q4 2021 increased 70% over the comparable quarter in 2020 to a record $17.0 million, the third sequential quarter of accelerating growth. Total revenue for 2021 increased 30% to $57.5 million. Q4 subscription and services revenue increased 135% over the comparable quarter in 2020 to $10.7 million, the fourth sequential quarter of accelerating growth. Subscription and services revenue for 2021 increased 80% to $34.4 million. Contribution2 increased 37% to $7.6 million in Q4 2021, compared to $5.4 million in the comparable quarter in 2020. Contribution for 2021 increased 24% to $28.7 million. Adjusted EBITDA2 loss of $3.7 million in Q4 2021, compared with positive Adjusted EBITDA of $1.1 million in Q4 2020, reflecting increased growth investments in the Company?s platform and products. Adjusted EBITDA loss of $11.1 million for 2021, compared to a gain of $11.6 million in 2020. Adjusted net loss1 of $9.7 million in Q4 2021, compared with $3.2 million in Q4 2020, and Adjusted net loss of $33.1 million for 2021 compared to $10.1 million for 2020. Net loss increased to $29.6 million in Q4 2021, compared with net loss of $2.8 million in Q4 2020 , primarily attributable to a $22.0 million non-cash loss on revaluation of our derivative purchase warrants in Coinsquare, driven by recent broader market declines in crypto valuations. Net loss for 2021 was $33.2 million compared to $13.4 million in 2020. Ended the quarter with combined cash, digital assets and investments of $193 million1, including Mogo?s book value of its investments in cryptocurrency platform Coinsquare, compared to $30.6 million for the year ended 2020.