What is the ROE (Return on Equity) of Mogo this year?
The ROE of Mogo this year is -0.19 undefined.
Mogo ROE 2024
Mogo ROE
-0.19
Ticker
MOGO.TO
ISIN
CA60800C1095
WKN
A2PMYR
In 2024, Mogo's return on equity (ROE) was -0.19, a -87.23% increase from the -1.49 ROE in the previous year.
Mogo Aktienanalyse
What does Mogo do?
Mogo Inc. is a Canadian FinTech company founded in 2003. It offers various financial products and services to help customers have a better financial life. Mogo provides personalized loans through its online platform, addressing the need for flexible credit options. The company's business model focuses on using the latest technology to make banking, lending, and investing easy and accessible. Mogo's services include free credit monitoring, identity monitoring, rental deposits, and investment funds. One of Mogo's most innovative segments is its mobile app, which allows users to manage their finances in real-time. The app offers features such as free credit checks, expense categorization, budgeting, online shopping, and money transfers. Mogo has a partnership with Equifax, a major credit bureau, to enable customers to check their creditworthiness and access credit reports easily. The company also targets millennials, aiming to improve their financial health and raise awareness of their financial situation. Overall, Mogo Inc. provides innovative financial products and services to help customers achieve better financial well-being. Mogo ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Mogo's Return on Equity (ROE)
Mogo's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Mogo's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Mogo's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Mogo’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Mogo stock
How has the Return on Equity (ROE) of Mogo developed compared to the previous year?
The ROE of Mogo has increased by -87.23% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Mogo?
A high ROE indicates that Mogo generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Mogo?
A low ROE can indicate that Mogo is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Mogo affect the company?
A change in ROE (Return on Equity) of Mogo can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Mogo?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Mogo?
Some factors that can influence Mogo's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does Mogo pay?
Over the past 12 months, Mogo paid a dividend of 0.1 CAD . This corresponds to a dividend yield of about 6.25 %. For the coming 12 months, Mogo is expected to pay a dividend of 0 CAD.
What is the dividend yield of Mogo?
The current dividend yield of Mogo is 6.25 %.
When does Mogo pay dividends?
Mogo pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Mogo?
Mogo paid dividends every year for the past 0 years.
What is the dividend of Mogo?
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Mogo located?
Mogo is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Mogo kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Mogo from 4/5/2019 amounting to 0.1 CAD, you needed to have the stock in your portfolio before the ex-date on 3/21/2019.
When did Mogo pay the last dividend?
The last dividend was paid out on 4/5/2019.
What was the dividend of Mogo in the year 2023?
In the year 2023, Mogo distributed 0 CAD as dividends.
In which currency does Mogo pay out the dividend?
The dividends of Mogo are distributed in CAD.
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Andere Kennzahlen von Mogo
Our stock analysis for Mogo Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mogo Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
