Mogo Reports Narrower Net Loss and Raises 2025 EBITDA Outlook

Mogo, a digital wealth and payments business, reported a narrowed adjusted net loss and raised its 2025 adjusted EBITDA outlook. The company's narrowed loss is attributed to cost-cutting measures and revenue growth. Mogo's adjusted EBITDA outlook for 2025 was raised due to strong financial performance and growth in its digital wealth and payments business. The company's results demonstrate its ability to generate positive financial results despite challenging market conditions.