Mogo Inc. announced its financial and operational results for the first quarter ended March 31, 2025. The company reported continued strong double-digit growth from its Wealth and Payments businesses.
These two segments are identified as Mogo's main growth priorities, indicating successful execution of its strategic focus. The company is also transitioning to an AI-native business model.
This transition aims to enhance productivity and efficiency across the organization. Despite reporting a net loss for the quarter, the company achieved higher revenues, underscoring growth in its core operations.
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