Orion Digital Corp.

ORIO Technology Software Infrastructure

Orion Digital Corp.’s revenue for fiscal 2025 (year ended December 2025) was $49.1 million, down 5.50% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 105.0%, free cash flow grew 432.8% and total debt fell 5.54%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

0.90 0.01 +1.12%
Market cap
$21.2M
P/E
0.0×
Fwd P/E
−2.7×
Dividend yield
—
F-score
6/9
Altman Z
−2.03
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 21.49%

Capital & Financial Ratios $m

Market Cap 21.20
Revenue 49.26
Net Income (12.02)
Free Cash Flow (2.55)
Net Debt (2.70)
Current Ratio 1.52 (at or above 1.5: strong)
Debt/Equity 0.47 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (2.65) (negative: loss-making)
P/S ratio 0.43
P/B ratio 0.45
Past 5Y EPS Growth —
This Y EPS Growth (214.38%) (below 0%: weak)
Next Y EPS Growth 125.00% (at or above 15%: strong)
Next Y revenue growth (3.24%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 3.52%
10-year low 10-year high
P/B against its own 10 years 11.13%
10-year low 10-year high
EV/Sales against its own 10 years 5.90%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 41 36 30 25
Receivables — — — —
Inventory — — — —
Other — — — —
97 87 78 72
2023 2024 2025 Q'26
Payables 18 16 12 11
ST’ Debt — — — —
Other — — — —
56 53 50 47

Compound Annual Growth %

10y 5y 3y
Sales — 8.26% (2.53%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 67.65% (15.34%)

Revenue $m

Mar Jun Sep Dec Year
’26 12 12 — — —
’25 12 12 12 12 49
’24 13 13 13 13 52
’23 12 12 12 13 48
’22 14 14 13 13 53
’21 9 11 12 13 46
’20 10 8 7 8 33
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 0 2 — — —
’25 0 1 (2) 0 (1)
’24 (3) 0 1 0 (1)
’23 (1) (1) (3) (2) (7)
’22 (9) (7) (4) (1) (21)
’21 (3) (7) (7) (7) (24)
’20 22 5 5 1 33
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) 1 — — —
’25 0 0 (3) 0 (3)
’24 (3) 0 0 0 (3)
’23 (1) (2) (4) (2) (9)
’22 (11) (9) (5) (2) (27)
’21 (4) (8) (9) (9) (30)
’20 22 3 4 0 29
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.17) (0.02) — — —
’25 (0.34) 0.40 (0.14) (0.17) (0.25)
’24 (0.11) (0.37) (0.24) 0.31 (0.41)
’23 (0.21) (0.30) (0.29) 0.25 (0.53)
’22 (0.60) (1.59) (0.60) (2.19) (5.01)
’21 (0.15) 0.33 (0.33) (1.26) (1.26)
’20 (0.81) (0.12) 0.09 (0.21) (1.05)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — 8.46 5.94 6.45 1.67 9.12 1.21 0.95 0.94 0.74

Analyst estimates 2026–2028

Powerpack
High — 20.55 17.52 12.15 13.44 36.87 10.89 2.96 2.25 3.83
People
People Employees 266 — 278 258 172 — — — — 37
Revenue/emp, $m 0.14 — 0.17 0.17 0.19 0.00 0.00 0.00 0.00 1.33
Income, $m
Income, $m Revenue 38 — 47 45 33 46 53 48 52 49
Gross margin, % 61.58 — 63.40 68.59 80.23 80.04 67.06 71.54 65.56 69.59
EBT (13) — (17) (8) (10) (27) (128) (14) (10) (6)
EBT margin, % (34.27) — (35.94) (18.10) (30.39) (58.14) (240.78) (28.04) (19.69) (12.93)
Net income (13) — (17) (8) (10) (26) (127) (13) (10) (6)
Depreciation 2 — 6 6 6 10 10 7 6 6
Per share, $
Per share, $ Revenue 6.19 — 6.24 5.29 3.43 2.19 2.08 1.94 2.13 2.04
Earnings (2.13) — (2.25) (0.96) (1.05) (1.26) (5.01) (0.53) (0.41) (0.25)
Cash flow (1.58) — (2.98) (1.35) 3.40 (1.13) (0.82) (0.27) (0.04) (0.03)
Capex (0.12) — (1.13) (0.80) (0.37) (0.30) (0.24) (0.10) (0.10) (0.08)
Free cash flow (1.70) — (4.10) (2.15) 3.02 (1.43) (1.06) (0.38) (0.14) (0.11)
Book value 0.71 — (0.89) 0.16 0.41 10.25 3.35 2.79 2.43 2.15
Shares, m 6 — 8 9 10 21 25 25 24 24
Valuation, ×
Valuation, × P/E 0.00 — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 0.00 — 1.12 1.45 3.30 4.69 0.83 0.97 0.64 0.53
P/B 6.05 — 0.00 49.65 27.85 1.00 0.52 0.68 0.56 0.50
EV/Sales 0.00 — 1.66 1.88 3.72 3.87 0.76 0.68 0.44 0.39
EV/FCF 0.00 — (3.11) (4.62) 4.23 (5.92) (1.49) (3.54) (6.68) (7.36)
Cash, $m
Cash, $m Operating cash flow (10) — (23) (11) 33 (24) (21) (7) (1) (1)
Capex (1) — (9) (7) (4) (6) (6) (3) (2) (2)
Free cash flow (10) — (31) (18) 29 (30) (27) (9) (3) (3)
Balance, $m
Balance, $m Working capital 23 — 19 23 23 68 32 40 34 28
Total debt 30 — 41 43 37 32 29 27 26 23
Net debt 16 — 25 19 14 (38) (4) (14) (10) (7)
Shareholders’ equity 4 — (7) 1 4 215 85 69 59 52
Returns, %
Returns, % ROA (14.60) — (19.22) (7.56) (10.46) (13.51) (52.59) (8.17) (6.83) (4.65)
ROIC (8.50) — (10.89) (8.47) 2.96 (9.99) (19.84) (3.24) (3.44) (2.63)
ROE 1,074.99 — 1,414.95 302.86 (383.89) (24.18) (84.80) (17.13) (15.51) (11.00)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Orion Digital Corp. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TAOX Tao Synergies Inc. $28.4M 4.2× — (loss-making) +2,115.00% (above 0%: growing) n/m −16.79% (below 0%: shrinking) 100.00% (1,771.11%) Compare
AIFA All In FutureTech Alliance Inc. $26.1M — (loss-making) — (loss-making) −34.99% (below 0%: shrinking) n/m −157.96% (below 0%: shrinking) 36.72% (182.01%) Compare
FFR FF EAI Robotics Ecosystem Inc. $22.4M — (loss-making) — (loss-making) +13.74% (above 0%: growing) n/m −239.11% (below 0%: shrinking) 37.52% 0.00% Compare
ORIO Orion Digital Corp. $21.2M — (loss-making) — (loss-making) −0.56% (below 0%: shrinking) n/m +432.75% (above 0%: growing) 74.86% 7.54%
CHOW ChowChow Cloud International Holdings Limited $20.0M — — — — — — — Compare
TGHL The GrowHub Limited $16.1M — — — — — — — Compare
INTZ Intrusion Inc. $15.4M — (loss-making) — (loss-making) −22.42% (below 0%: shrinking) n/m −83.07% (below 0%: shrinking) 66.41% (171.58%) Compare
OLB OLB Group, Inc. $13.7M — (loss-making) — (loss-making) −43.57% (below 0%: shrinking) n/m −3.87% (below 0%: shrinking) 16.86% (98.48%) Compare
BTLN Brightline Interactive, Inc. $13.6M — (loss-making) 9.8× −72.03% (below 0%: shrinking) n/m −498.33% (below 0%: shrinking) 72.41% 8.76% Compare
Median of peers $18.1M — — −28.70% — −120.51% 51.97% (135.03%)

All 173 Software Infrastructure stocks →

Orion Digital Corp. (ORIO) key facts

  • Concern: Orion Digital Corp.’s revenue for fiscal 2025 (year ended December 2025) was $49.1 million, down 5.50% from fiscal 2024.
  • Concern: Orion Digital Corp. reported a net loss of $6.1 million, or a loss of $0.25 per share, for fiscal 2025.
  • Orion Digital Corp. (ORIO) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, ORIO traded at $0.90, a market capitalization of $21.2 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.4× sales.
  • Return on equity was −11.0% and debt-to-equity 0.47.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is −2.03 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Orion Digital Corp. (ORIO) Latest News

13 Aug

14 May

stockrow.com/ORIO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com