Mogo Inc. announced its financial and operational results for the second quarter ended June 30, 2025. The company achieved positive net income of $13.5 million for the quarter.
Wealth revenue grew by 48% year-over-year, with Assets Under Management (AUM) reaching an all-time high of $462 million, an 18% increase from the prior year. Payments revenue also demonstrated strong growth, increasing by 23% year-over-year.
The company ended Q2 2025 with over $50 million in cash, marketable securities, and investments, equivalent to approximately $2.10 per share. Its book value stood at $81.6 million, or $3.41 per share, reflecting a strong balance sheet.
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