Sphere 3D Corp. (DRK) vs Orion Digital Corp. (ORIO)

Sphere 3D Corp. and Orion Digital Corp. are both Software Infrastructure companies. Orion Digital Corp. is the larger, with a market value of $23.8M against $16.6M — 1.4× the size. Orion Digital Corp. grew revenue faster over the last twelve months: −1.80% against −8.80%. Orion Digital Corp. has the higher net margin (−25.1% vs −334.2%) and the higher return on invested capital (−0.16% vs −113.2%). Across the 18 metrics below, Orion Digital Corp. leads on 14 and Sphere 3D Corp. on 4.

Valuation

Metric DRK ORIO Software Infrastructure median
P/E n/m n/m 24.52
P/S 1.38 0.52 2.78
P/B 0.98 0.54 2.84
Price to free cash flow n/m n/m 18.22
EV/EBITDA n/m 4.18 13.98
EV/Sales 1.08 0.47 2.92
Earnings yield (491.25%) (46.30%) 0.00%
Free cash flow yield (151.24%) (9.93%) 0.37%

Profitability

Metric DRK ORIO Software Infrastructure median
Gross margin 0.00% 70.80% 57.91%
Operating margin (334.83%) (0.23%) 0.00%
Net margin (334.21%) (25.14%) 0.00%
Free cash flow margin (206.03%) (5.18%) 0.00%
Return on equity 0.00% (23.26%) 0.00%
Return on assets (119.35%) (9.92%) 0.00%
Return on invested capital (113.19%) (0.16%) 0.00%

Growth

Metric DRK ORIO Software Infrastructure median
Revenue growth (TTM) (8.80%) (1.80%) 14.42%
EPS growth (last fiscal year) (53.54%) 39.02% 17.35%
Revenue growth, 5-year CAGR 18.19% 8.26% 16.15%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DRK ORIO Software Infrastructure median
Debt to equity 0.00 0.47 0.02
Current ratio 2.56 1.52 1.53
Net debt to EBITDA 0.46 (1.75) 0.05

Dividend

Metric DRK ORIO Software Infrastructure median
Dividend yield — — 1.04%
Payout ratio — — 0.29

Size

Metric DRK ORIO Software Infrastructure median
Market cap 16.57m 23.78m 606.60m

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