Mogo Inc. announced its financial and operational results for the fourth quarter and fiscal year ended December 31, 2024. The company reported an acceleration in Wealth revenue growth to 19% in Q4 2024.
Total Wealth revenue reached an annual run rate of nearly $12 million, demonstrating significant progress in this key segment. For the full year 2024, Mogo reported total revenue of $71.2 million, marking a 9% increase year-over-year.
The company's adjusted EBITDA for the full year reached $6.7 million, surpassing its increased guidance. This financial performance highlights Mogo's operational efficiency and strategic focus on its growth businesses.
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