Mogo (MOGO) Gross-Profit-to-Asset % : 22.67% (As of Sep. 2023)

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Mogo Gross-Profit-to-Asset % Definition

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mogo's annualized Gross Profit for the quarter that ended in Sep. 2023 was $33.66 Mil. Mogo's average Total Assets over the quarter that ended in Sep. 2023 was $148.51 Mil. Therefore, Mogo's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 22.67%.

Mogo Gross-Profit-to-Asset % Historical Data

The historical data trend for Mogo's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mogo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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28.92

29.22

28.24

18.48

14.46

Mogo Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															13.60	17.75	21.80	23.41	22.67

Competitive Comparison

For the Software - Infrastructure subindustry, Mogo's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mogo Gross-Profit-to-Asset % Distribution

For the Software industry and Technology sector, Mogo's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mogo's Gross-Profit-to-Asset % falls into.

Mogo Gross-Profit-to-Asset % Calculation

Mogo's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	34.038	/	( (307.709	+	163.043)	/ 2 )
	=	34.038	/	235.376
	=	14.46 %

Mogo's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	33.66	/	( (151.929	+	145.091)	/ 2 )
	=	33.66	/	148.51
	=	22.67 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Mogo Gross-Profit-to-Asset % Related Terms

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Mogo (MOGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mogo Inc (NAS:MOGO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

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SGC:Germany MOGO:Canada

Address

2100 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1

Website

https://www.mogo.ca

Mogo Inc is a Canadian-based financial technology company. It offers a finance application to consumers with solutions that help them to control their financial health. At Mogo, users can sign up for a free account and get access to products and solutions that help users to monitor their credit score, protect themselves from identity fraud, control their spending, and borrow responsibly. Some of its products are personal loans, crypto, mortgage, credit score, and others. Mogo is one of the go-to financial applications for Canadians with more than one million members.