Mogo Reports Continued Platform Growth and Record Assets Under Management in Q3 2025

Core Insights - Mogo Inc. reported significant growth in its platform and assets under management, achieving a record $498 million in assets, with a 22% year-over-year increase [4] - The company experienced a 27% year-over-year increase in wealth revenue and an 11% increase in payments revenue [4][10] - Mogo raised its 2025 EBITDA guidance due to strong platform performance, with an adjusted EBITDA margin of 11.6% [8][10] Financial Performance - Total members reached 2.29 million, marking a 6% increase year-over-year [4] - Adjusted total revenue increased by 2% year-over-year to $17.0 million [10] - Adjusted subscription and services revenue rose by 7% year-over-year to $10.3 million [10] - Operating cash flow was reported at ($3.0) million, with total cash and investments amounting to $46.1 million [10] Strategic Initiatives - Mogo is advancing its Intelligent Investing platform, integrating self-directed and managed investing into a unified experience [2][6] - The company has increased its Bitcoin holdings by over 300% quarter-over-quarter, reaching $4.7 million [5] - Mogo's strategic focus includes the successful sale of a portion of its WonderFi holdings to strengthen its balance sheet [2] Market Position and Outlook - Mogo's payments volume (excluding Canada) reached $2.8 billion, reflecting a 12% year-over-year growth driven by international expansion [4] - The company is well-positioned for profitable expansion into 2026, with a focus on launching its next-generation wealth platform [2] - Mogo reiterated its revenue guidance for fiscal 2025 while increasing its full-year 2025 adjusted EBITDA guidance from $5–6 million to $6–7 million [8]