Mogo Inc Stock Price, News & Analysis

Mogo Inc. (NASDAQ:MOGO) announced progress in the planned acquisition of WonderFi Technologies by Robinhood Markets. As WonderFi's largest shareholder with 82 million common shares, Mogo stands to benefit from significant liquidity following WonderFi securityholders' approval of the acquisition on July 17, 2025.

The company plans to utilize the proceeds to strengthen its balance sheet and make strategic investments in its digital finance platform. Additionally, Mogo has authorized an expanded Bitcoin treasury of up to C$50 million, reinforcing its commitment to Bitcoin as a long-term store of value. The WonderFi-Robinhood transaction is expected to close in H2 2025, subject to regulatory approvals.

Mogo (NASDAQ:MOGO) has acquired a 9% stake in Digital Commodities Capital Corp. (CSE:DIGI) through a $1 million strategic investment. The investment was made through a non-brokered private placement of 13.3 million units at $0.075 per unit, with each unit including one common share and one warrant exercisable at $0.10.

Digital Commodities is focused on building a capital platform primarily holding Bitcoin and physical gold as long-term reserves. This investment aligns with Mogo's dual-compounding strategy combining fintech operations with Bitcoin treasury holdings. The company recently received board authorization to allocate up to $50 million to Bitcoin, demonstrating its commitment to hard assets for capital preservation and growth.

Mogo Inc. (NASDAQ: MOGO) has announced the repurchase of 2% of its outstanding shares during Q2 2025 under its NASDAQ buyback program. The company bought back 523,091 common shares at an average price of US$1.44 per share, reducing total shares outstanding to approximately 24 million as of June 30, 2025.

The Canadian fintech company has introduced a new Bitcoin hurdle rate strategy for future capital allocation decisions, including share repurchases. Under this framework, capital deployment will only occur for opportunities expected to outperform Bitcoin's long-term returns. Mogo retains approximately US$7 million in remaining buyback capacity, sufficient to repurchase about 13% of outstanding shares at current market prices.

Mogo (NASDAQ:MOGO) has announced a significant strategic alignment with Bitcoin, including a $50 million Bitcoin treasury authorization approved by its Board of Directors. The company plans to build this position using excess cash and future monetizations from investments in Gemini and Hootsuite.

As a pioneering move, Mogo will adopt Bitcoin as its corporate hurdle rate for all capital allocation decisions. The company is implementing a dual-compounding strategy, combining Bitcoin reserves with operational growth across its Wealth, Lending, and Payments divisions that serve nearly 2 million Canadian members.

The strategy includes launching a 60/40 equity/Bitcoin portfolio for its $400M+ AUM platform, developing Bitcoin-related loan products, and exploring stablecoin infrastructure for its $12 billion annual international payments volume.

Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO), a digital wealth and payments business, held its Annual General Meeting of shareholders with 38.94% of outstanding shares represented through 9,529,647 votes cast.

All proposed resolutions were approved, including the election of directors, reappointment of MNP LLP as auditor, and renewal of the company's stock option plan. Notable director election results showed strong support for David Feller (97.55% approval) and Gregory Feller (97.54% approval), while other directors received varying levels of support ranging from 68.11% to 86.02%.

The stock option plan renewal was approved with 77.87% support, and MNP LLP's reappointment as auditor received overwhelming approval at 99.65% of votes cast.

Mogo, a digital wealth and payments company, has applied to the Toronto Stock Exchange to extend the expiry date of 1,120,371 common share purchase warrants from June 13, 2025 to June 13, 2026. These warrants were originally issued during a US$27.5 million Registered Direct offering in December 2021. The warrants consist of 101,852 warrants with a US$16.875 exercise price and 1,018,519 warrants with a US$14.10 exercise price per common share. The extension requires approval from both the TSX and warrantholders, and no company insiders hold any of these warrants. If approved, the extension will take effect ten business days after the announcement, during which time the warrants cannot be exercised.

Robinhood Markets has entered into a definitive agreement to acquire WonderFi Technologies, in which Mogo (NASDAQ: MOGO) is the largest shareholder with approximately 82 million shares. The all-cash transaction values WonderFi at C$250 million, offering C$0.36 per share - a 41% premium to WonderFi's closing price on May 12, 2025, and a 71% premium to its 30-day VWAP.

Mogo, along with other key shareholders holding approximately 28% of WonderFi shares, has signed voting support agreements in favor of the arrangement. The acquisition follows Mogo's strategic role in orchestrating the July 2023 merger between Coinsquare and WonderFi, which consolidated two major Canadian crypto trading platforms. The transaction is expected to close in the second half of 2025, subject to shareholder and regulatory approvals.

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO), a digital wealth and payments company, has announced its participation in the upcoming D. Boral Capital Inaugural Global Conference on May 14, 2025 in New York. The company's President & Co-founder, Greg Feller, will be available for one-on-one meetings with interested parties at The Plaza Hotel. Investors and stakeholders interested in scheduling meetings can contact John Perez at jperez@dboralcapital.com.

Mogo reported its Q1 2025 financial results, showing mixed performance across its digital wealth and payments businesses. Total revenue was $17.3 million, a 3% decrease year-over-year, while adjusted revenue grew 2% to $16.7 million. The company's Wealth Revenue grew 41% to $3.5 million, and Payments Revenue increased 34% to $2.6 million.

Key financial metrics include gross profit of $11.6 million, Adjusted EBITDA of $1.1 million, and a net loss of $11.9 million, which included an $8.3 million non-operating revaluation loss. The company maintained a solid balance sheet with $38.8 million in cash, marketable securities, and investments. Mogo's payments volume reached $3.2 billion, up 26% YoY, while assets under management grew 8% to $436 million.

The company launched MOGO 3.0, focusing on becoming AI-native, and reiterated its 2025 guidance, expecting 20-25% growth in wealth revenue and mid-to-high teens growth in payments.