News
Changes in AS “mogo” Board of Directors
AS “mogo” informs that as of August 13, 2019, Juris Pārups current Chairman of the Board of AS “mogo” has stepped down from his position. Considering the above, the AS “mogo” Board of Directors currently consists of one member – AS “mogo” CEO Krišjānis Znotiņš. About AS “mogo” AS “mogo” offers classical finance lease, lends…
Mogo Finance: Initial Fitch Rating B- (stable outlook)
Mogo Finance has received a B- (Stable Outlook) Long-Term Issuer Default Rating (IDR) from Fitch Ratings (Fitch) and a Senior Secured Debt Rating assigned B- for its 9.50% corporate bond 2018/2022 (XS1831877755). In line with the recent uplisting to…
AS “mogo” consolidated annual report for the year ended 31 December 2018
AS “mogo” and its subsidiaries concluded 2018 with 46% increase in turnover In 2018 the turnover of AS “mogo” and its subsidiaries reached nearly 19 million euros, which is 46% turnover, compared to 2017. Thanks to increasing interest of the customers in possibility to get loan for the purchase of a used car, 2018 was…
Mogo Finance reports unaudited results for the three months ended 31 March 2019
Increase in profitability with continued strong performance OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased by 17.0% equalling EUR 37.8 million (3M 2018: EUR 32.2 million), of which EUR 24.3 million in mature markets (3M 2018: EUR 24.1 million) Consolidated number of active customers up significantly by approx. 30.8% to over 85,000 (31 December 2018:…
Mogo Finance: Unaudited 3M 2019 results on 15 May 2019 – Invitation to earnings call on 17 May 2019
Mogo Finance invites investors and analysts to a conference call with the Management Board on 17 May 2019, 15:00 CEST.
Mogo Finance: Publication of audited FY2018 annual accounts until mid of May 2019
Riga, Latvia, 26 April 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, expects a delay in the publication of the audited FY 2018 results until mid of May 2019 instead of as planned at the end of April 2019.