NEWS

A selection of important Mogo milestones and releases.

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Message to investors from Mogo’s board

Together we are facing a dynamic and unprecedented situation with Covid-19. As we move forward and continue to work together, we want to reassure you our top priority remains serving our customers, stakeholders and taking care of our team members. As we look forward and we adapt ourselves to different restrictions imposed by local government […]

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Mogo Finance: Initial Fitch Rating B- (stable outlook)

Riga, Latvia, 23 July 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, have received a B- (Stable Outlook) Long-Term Issuer Default Rating (IDR) from Fitch Ratings (Fitch) and a Senior Secured Debt Rating assigned B- for its 9.50% corporate bond 2018/2022 (XS1831877755). In line with the recent uplisting to […]

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AS “mogo” consolidated annual report for the year ended 31 December 2018

AS “mogo” and its subsidiaries concluded 2018 with 46% increase in turnover In 2018 the turnover of AS “mogo” and its subsidiaries reached nearly 19 million euros, which is 46% turnover, compared to 2017. Thanks to increasing interest of the customers in possibility to get loan for the purchase of a used car, 2018 was […]

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Mogo Finance reports unaudited results for the three months ended 31 March 2019

Increase in profitability with continued strong performance OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased by 17.0% equalling EUR 37.8 million (3M 2018: EUR 32.2 million), of which EUR 24.3 million in mature markets (3M 2018: EUR 24.1 million) Consolidated number of active customers up significantly by approx. 30.8% to over 85,000 (31 December 2018: […]

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Mogo Finance: Publication of audited FY2018 annual accounts until mid of May 2019

Riga, Latvia, 26 April 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, expects a delay in the publication of the audited FY 2018 results until mid of May 2019 instead of as planned at the end of April 2019 due to additional technical and organizational efforts related to the […]

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Voting results of the noteholders on amendments to the Notes Prospectus (ISIN: LV0000801363)

AS “mogo” hereby informs that as a result of the voting the noteholders have accepted the amendments to the Notes Prospectus of AS “mogo” (ISIN: LV0000801363) dated 13 October 2014, and the amendments to the prospectus have entered into force on the date of publication of this announcement. Announcement of voting results of the noteholders and approved amendments to […]

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Mogo Finance reports unaudited results for the financial year ended 31 December 2018

Investments for further increases in profitability while improving performance quarter on quarter OPERATIONAL AND STRATEGIC HIGHLIGHTS Significant growth in core business with Group loans issued increasing by 46.5% equalling EUR 121.5 million (FY 2017: EUR 82.9 million), of which EUR 88.4 million in mature markets (FY 2017: EUR 66.0 million)Consolidated number of active customers up significantly by approx. 47.7% to over 65,000 (31 December 2017: approx. 44,000)Armenia […]