On the stock market since 2015, it operates in the world of technology. It has 255 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
An average decline of 8% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.
An investor who bought at the very peak is down 98% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
It met or beat analyst expectations in 7 of the last 8 quarters — consistency is a promise kept.
A loss of $8.5M against $40.7M in annual sales. And on top of that, sales fell from the year before.
The stock sits at $0.69. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
This stock swings about 3.4 times as much as the market average. Big rallies — and big drops — can both happen fast.
On our five-subject report card, MOGO sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: MOGO is a small company that closed last year at a loss. The road back to profit runs through spending discipline.