News
Mogo Group adds loans for investment from its 10th country on Mintos – Belarus!
Mogo Group, one of the largest used-car financing companies in Europe, has expanded its presence on Mintos once again by adding car loans from Belarus. With this development, Mogo Group now offers investment opportunities from 10 different countries on the marketplace.
Solid six month results cannot be unnoticed. Latest interview with Mogo Finance management
Here is the latest interview with Mogo Finance CEO Modestas Sudnius, CFO Maris Kreics, CFA, FCCA about recent results and future plans on one of the most influential finance portals in Germany – BONDBOOK (the article is in German language). Full article: https://bit.ly/2lFJWrA For more information, please contact: Simonas Jurgionis, Investor Relations Manager simonas.jurgionis@mogofinance.com+371 27…
AS “mogo” interim condensed financial information for the 6 month period ended 30 June 2019
Net profit of the AS “mogo” Group amounted to 3.1 million euro which is significant increase from the 410 thousand euro in first 6 months of 2018 Significant financial results improvement was reached because of successful update of customer evaluation policy, what helped to decrease impairment for doubtful debtors.
Mogo Finance reports unaudited results for the six month ended 30 June 2019
In the first six months of 2019, Mogo delivered on its promises by recording strong financial results.
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…