Orion Digital Corp. (ORIO) AI Stock Analysis
ORIO AI stock analysis summary
AI ResearchOrion Digital Corp. (ORIO) is a financial technology company operating digital wealth and payments platforms in Canada and Europe. In FY2025, the company generated $68.1M in revenue alongside free cash flow of $19.5M, though its trailing twelve months net margin stood at -40.5%. The stock closed at $0.88 with a market capitalization of $20.8M after falling 51.6% over the past year.
- Market cap
- $20.8M
- Revenue (TTM)
- $41.3M
- P/E
- — fwd 77.5x
- 1Y return
- -51.6% S&P 500 16.8%
- Avg. target
- $3.88 340.4% vs last close
Bull case
- The company generated $19.5M in free cash flow during FY2025, an improvement from -$4.5M in FY2024.
- Valuation appears modest on a top-line basis, with a price-to-sales multiple of 0.5x compared to the US-listed Technology peer median of 2.8x.
- Analysts project Orion Digital Corp. will achieve positive EPS of $0.02 in the next fiscal year, representing expected EPS growth of 125.0%.
Bear case
- The stock has underperformed significantly, falling 51.6% over the past year while the S&P 500 gained 16.8%.
- Profitability remains pressured with a trailing twelve months profit margin of -40.5% and an operating margin of -8.7%.
- Total debt stands at $81.5M against cash and short-term investments of $27.5M, leaving net debt at $54.1M.
What Orion Digital does
Orion Digital Corp. is a Vancouver, Canada-based financial technology company that operates digital platforms for wealth and payments across Canada and Europe. The company provides Intelligent Investing, a digital wealth platform focused on long-term investing solutions. In addition, it delivers issuer processing, program management, and regulated payment orchestration services. Orion Digital Corp. also operates a consumer lending business. Formerly known as Mogo Inc., the company adopted the name Orion Digital Corp. in December 2025.
Growth and profitability
Between FY2021 and FY2024, Orion Digital Corp.'s revenue expanded from $57.5M to $71.2M before declining 4.4% to $68.1M in FY2025. Over the 5-year span from FY2020 to FY2025, revenue grew at a CAGR of 24.7%. Gross margin reached 73.0% in FY2025, up from 65.6% in FY2024. While net income was -$165.7M in FY2022, annual net losses narrowed to -$8.5M in FY2025, yielding an EPS of $0.17. For the latest quarter ended June 30, 2026, quarterly revenue growth YoY was 6.3%. On a trailing twelve months basis, revenue was $41.3M with an operating margin of -8.7% and a profit margin of -40.5%.
Balance sheet and cash flow
As of June 30, 2026, Orion Digital Corp. held $27.5M in cash and short-term investments against $81.5M in total debt, resulting in net debt of $54.1M. The company reported a current ratio of 1.45 and a debt-to-equity ratio of 1.24, with total assets of $162.4M and shareholders' equity of $65.8M. During FY2025, operating cash flow reached $19.5M and free cash flow was $19.5M. Capital expenditures totaled $48,958, while share buybacks absorbed $1.1M.
Valuation and performance
Orion Digital Corp. carries a market cap of $20.8M and an enterprise value of $62.8M. The stock trades at a price-to-sales multiple of 0.5x and an EV/EBITDA of 6.8x, both below the median of its US-listed Technology peers of 2.8x and 16.6x, respectively. However, its forward P/E of 77.5x exceeds the peer median of 18.8x. In the market, ORIO shares fell 51.6% over the past year, trailing the S&P 500 return of 16.8%. Over five years, the stock returned -94.7% compared to an 83.0% gain for the benchmark index.
What analysts expect
Analyst consensus sets a mean price target of $3.88 for Orion Digital Corp., representing a 340.4% premium over its last close of $0.88. For the current fiscal year ending December 31, 2026, the EPS estimate is -$0.08. For the next fiscal year, 1 analyst estimates revenue of $72.0M and EPS of $0.02, reflecting expected EPS growth of 125.0%. The company has beaten EPS expectations in 2 of the last 4 quarters, with its next earnings release scheduled for November 6, 2026.
Key risks and what to watch
- The company's debt-to-equity ratio of 1.24 and net debt of $54.1M could constrain financial flexibility.
- A beta of 2.88 indicates elevated stock price volatility relative to the broader market.
- Revenue volatility is evident, as annual top-line results contracted by 4.4% in FY2025 after expanding 9.2% in FY2024.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this ORIO AI stock analysis
This page is an AI-written research summary of Orion Digital Corp. (ORIO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: ORIO income statement, ORIO balance sheet, ORIO key metrics, ORIO analyst forecast, ORIO chart. See the ORIO stock overview for the latest quote and news.
ORIO AI stock analysis FAQ
What does Orion Digital Corp. do?
Orion Digital Corp., formerly known as Mogo Inc., operates digital platforms for wealth and payments in Canada and Europe. Its services include the Intelligent Investing wealth platform, issuer processing, payment orchestration, and consumer lending.
When is Orion Digital Corp.'s next earnings date?
The company's next earnings report is scheduled for November 6, 2026. It has beaten EPS estimates in 2 of the past 4 quarters.
Does Orion Digital Corp. pay a dividend?
No dividend information is reported for Orion Digital Corp. In FY2025, the company deployed capital toward $1.1M in share buybacks and $48,958 in capital expenditures.
What is the analyst price target for ORIO?
The mean analyst price target is $3.88, which represents an implied upside of 340.4% from the last closing price of $0.88.