Mogo Inc. (NASDAQ:MOGO), a digital wealth and payments business, today announced its financial results for the third quarter ended September 30, 2025.
Adjusted Total Revenue rose 2% year-over-year to $17.0 million.
Adjusted Subscription & Services Revenue increased 7% year-over-year to $10.3 million.
Wealth Revenue rose 27% year-over-year to $3.7 million, driven by continued momentum in managed portfolios and member adoption.
Payments Revenue was up 11% year-over-year to $2.4 million, driven by stable, recurring transaction volume.
Adjusted EBITDA amounted to $2.0 million (11.6% margin), up from $1.9 million in Q2 2025 and compared with $2.1 million in Q3 2024.
The company posted Adjusted Net Loss of $3.4 million, primarily due to a $3.0 million revaluation loss on marketable securities and private investments.
“Q3 was another quarter of disciplined execution,” said David Feller, Founder & CEO. “Our biggest focus was advancing Intelligent Investing, a reimagined wealth platform that unifies MogoTrade and Moka into a single brand and experience, combining managed and self-directed investing under one behavioral operating system for building wealth. The problem we’re solving is simple but profound: most investing platforms are designed around engagement and firm profits, not investor outcomes.”
