Mogo (NASDAQ:MOGO – Get Free Report) and Iris Energy (NASDAQ:IREN – Get Free Report) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, profitability and earnings.
Institutional & Insider Ownership
14.8% of Mogo shares are held by institutional investors. Comparatively, 41.1% of Iris Energy shares are held by institutional investors. 12.3% of Mogo shares are held by company insiders. Comparatively, 21.6% of Iris Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares Mogo and Iris Energy’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Mogo | -22.05% | -15.34% | -6.49% |
Iris Energy | N/A | N/A | N/A |
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Mogo | 0 | 0 | 1 | 0 | 3.00 |
Iris Energy | 0 | 1 | 9 | 1 | 3.00 |
Mogo currently has a consensus price target of $6.00, suggesting a potential upside of 366.93%. Iris Energy has a consensus price target of $15.44, suggesting a potential upside of 44.75%. Given Mogo’s higher probable upside, analysts clearly believe Mogo is more favorable than Iris Energy.
Earnings & Valuation
This table compares Mogo and Iris Energy”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Mogo | $48.31 million | 0.65 | -$13.25 million | ($0.47) | -2.73 |
Iris Energy | $188.76 million | 10.62 | -$28.95 million | N/A | N/A |
Mogo has higher earnings, but lower revenue than Iris Energy.
Risk and Volatility
Mogo has a beta of 2.81, suggesting that its share price is 181% more volatile than the S&P 500. Comparatively, Iris Energy has a beta of 3.39, suggesting that its share price is 239% more volatile than the S&P 500.
Summary
Iris Energy beats Mogo on 10 of the 12 factors compared between the two stocks.
About Mogo
Mogo Inc. operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada. Mogo Inc. is headquartered in Vancouver, Canada.
About Iris Energy
Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
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