Mogo (TSX:MOGO) Research & Development : C$10.64 Mil (TTM As of Dec. 2024)

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What is Mogo Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mogo's Research & Development for the three months ended in Dec. 2024 was C$2.70 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was C$10.64 Mil.

Mogo Research & Development Historical Data

The historical data trend for Mogo's Research & Development 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.

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Mogo Research & Development Chart

Mogo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Research & Development

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5.13

10.67

12.97

10.59

10.64

Mogo Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Research & Development	Get a 7-Day Free Trial															2.20	2.62	2.95	2.37	2.70

Mogo Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$10.64 Mil.

Mogo (TSX:MOGO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Mogo Research & Development Related Terms

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Mogo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mogo Inc (TSX:MOGO) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

MOGO:USA SGC:Germany

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. Company offers digital loans and mortgages and also offer a digital payments platform that powers next-generation card programs for both established global corporations and innovative fintech companies in Europe and Canada.

Executives

Gregory Dean Feller	Director, Senior Officer
David Marshall Feller	Director, Senior Officer
Justin Carter	Senior Officer
David Bradley Shapcott	Senior Officer
Michael A. Wekerle	10% Security Holder, Director
Alicja Davidson	Senior Officer
Kees Cornelis Van Winters	Director
Minhas Mohamed	Director