08:34 AM EDT, 03/20/2025 (MT Newswires) -- Mogo ( MOGO ) was up 3.1% in pre-market Nasdaq trading after the company on Thursday said its fourth-quarter adjusted loss widened even as revenue rose.

The financial-technologies company said its adjusted loss, excluding most one-time items, widened to $0.45 million from $0.22 million in the year-prior quarter. Net income, including items, rose to $10.31 million from $8.43 million, including a $13.8-million gain on securities held. Per-share results were not disclosed.

Revenue rose 5.2% to $18.0 million, while cash flow fell 12% to $4.1 million.

"We saw an acceleration in Wealth revenue growth to 19% in Q4, pushing our Total Wealth revenue to nearly a $12 million annual run rate," said Chief Executive David Feller. "This is not just a number-it's a direct reflection of the unique value we're delivering."

The company revised its 2025 guidance following its February decision to drop its institutional brokerage business. It expects subscription and services revenue to rise between 5% and 8% this year, down from its previous target for a high single-digit increase. It expects revenue from its wealth and payments business to rise between 20% and 25% and revenue from lending to drop by around 9%.

The company's shares were last seen up US$0.03 to US$1.10 in pre-market trade. They closed up $0.17 to $1.50 Wednesday on the Toronto Stock Exchange.