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Orion Digital Corp., a financial technology company, operates digital platforms for wealth and payments in Canada and Europe. The company offers Intelligent Investing, a wealth platform which provides long-term investing solutions; and issuer processing, program management, and regulated payment orchestration services. It also engages in the consumer lending business. The company was formerly known as Mogo Inc. and changed its name to Orion Digital Corp. in December 2025. Orion Digital Corp. is headquartered in Vancouver, Canada.
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Public disclosures for Orion Digital Corp. (ORIO.TO) are limited and available sources lack a detailed, verifiable description of its operations. Because growth drivers are not clearly documented, investors may view the Toronto-listed small-cap as a way to seek exposure to digital or technology themes but should require more disclosure on strategy and financials.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -8.87M | -14.02M | -18.29M | -166.01M | -33.44M |
| Net income | -8.54M | -13.68M | -17.89M | -165.68M | -33.21M |
| Selling general administrative | 15.90M | 31.33M | 30.88M | 54.21M | 44.95M |
| Selling and marketing expenses | 4.11M | - | - | - | - |
| Gross profit | 49.74M | 65.09M | 59.87M | 60.97M | 46.04M |
| Reconciled depreciation | 8.00M | 8.42M | 9.07M | 12.64M | 12.74M |
| Ebit | 0.59M | - | - | - | - |
| Ebitda | 8.59M | - | - | - | - |
| Depreciation and amortization | 8.00M | - | - | - | - |
| Operating income | -3.71M | -4.63M | -9.11M | -133.96M | -33.94M |
| Other operating expenses | 71.82M | - | - | - | - |
| Interest expense | 9.46M | 7.39M | 7.02M | 5.89M | 5.36M |
| Tax provision | -0.34M | -0.34M | -0.40M | -0.34M | -0.23M |
| Interest income | - | 9.39M | 9.18M | 32.06M | - |
| Net interest income | -9.46M | -10.71M | -10.54M | -9.11M | -9.20M |
| Income tax expense | -0.34M | - | - | - | - |
| Total revenue | 68.11M | 71.21M | 65.22M | 68.95M | 57.52M |
| Total operating expenses | 53.46M | 75.84M | 74.33M | 202.91M | 91.45M |
| Cost of revenue | 18.37M | 6.11M | 5.35M | 7.98M | 11.48M |
| Total other income expense net | -5.16M | 0.40M | -3.87M | -123.42M | 9.70M |
| Net income from continuing ops | -8.54M | -13.68M | -17.89M | -165.68M | -33.21M |
| Net income applicable to common shares | - | -13.68M | -17.89M | -165.68M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 173.63M | 189.65M | 207.76M | 221.49M | 393.87M |
| Intangible assets | 64.35M | 31.08M | 36.56M | 41.83M | 52.30M |
| Other current assets | -59.20M | - | - | - | - |
| Total liab | 101.31M | 108.43M | 114.04M | 110.61M | 124.09M |
| Total stockholder equity | 72.32M | 81.22M | 93.72M | 110.89M | 269.78M |
| Other current liab | 13.11M | 8.95M | 10.46M | 7.85M | 5.71M |
| Common stock | 388.73M | 389.72M | 389.81M | 391.24M | - |
| Capital stock | 388.73M | 389.72M | 389.81M | 391.24M | 392.63M |
| Retained earnings | -354.04M | -345.51M | -331.83M | -313.94M | -148.26M |
| Good will | 38.35M | 38.35M | 38.35M | 38.35M | 70.11M |
| Other assets | - | 2.51M | 1.74M | 1.58M | - |
| Cash | 17.70M | 8.53M | 16.13M | 29.27M | 67.76M |
| Cash and equivalents | - | 8.53M | 16.13M | 29.27M | - |
| Total current liabilities | 68.17M | 70.97M | 73.52M | 67.16M | 65.77M |
| Net debt | 66.92M | 75.55M | 70.06M | 55.18M | 17.02M |
| Short term debt | 51.71M | 0.00M | 0.00M | 0.00M | - |
| Short long term debt | 51.71M | 48.79M | 49.41M | 46.18M | 44.98M |
| Short long term debt total | 84.62M | - | - | - | - |
| Other stockholder equity | 39.12M | -0.42M | 0.24M | 0.56M | - |
| Property plant equipment | - | 0.36M | 1.20M | 3.72M | - |
| Total current assets | 23.19M | 106.78M | 118.99M | 100.08M | 135.34M |
| Long term investments | 7.13M | 12.98M | 12.66M | 37.51M | 123.63M |
| Short term investments | 14.59M | 26.09M | 26.33M | - | - |
| Net receivables | 64.69M | 2.50M | 2.83M | 2.35M | 2.11M |
| Long term debt | 31.89M | 35.29M | 36.78M | 38.27M | 39.79M |
| Accounts payable | 3.35M | 4.51M | 6.45M | 5.69M | 4.96M |
| Accumulated other comprehensive income | -1.48M | - | - | - | - |
| Non currrent assets other | 1.65M | - | - | - | - |
| Non current assets total | 150.44M | 82.86M | 88.78M | 121.42M | 258.52M |
| Capital lease obligations | 1.02M | 1.54M | 2.71M | 3.28M | 3.95M |
| Long term debt total | - | 85.62M | 88.90M | 87.73M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 14.37M | 0.46M | 0.33M | -1.84M | 1.18M |
| Total cashflows from investing activities | -8.81M | -2.79M | -3.09M | -9.15M | - |
| Net borrowings | -0.49M | -3.41M | 0.26M | -1.52M | 4.63M |
| Total cash from financing activities | -1.52M | -3.52M | -0.86M | -3.08M | 125.86M |
| Net income | -8.54M | -13.68M | -17.89M | -165.68M | -33.21M |
| Change in cash | 9.17M | -7.60M | -13.13M | -38.49M | 55.64M |
| Begin period cash flow | 8.53M | 16.13M | 29.27M | 67.76M | 12.12M |
| End period cash flow | 17.70M | 8.53M | 16.13M | 29.27M | 67.76M |
| Total cash from operating activities | 19.52M | -1.27M | -9.17M | -27.01M | -31.09M |
| Issuance of capital stock | - | - | 0.00M | 0.00M | 113.33M |
| Depreciation | 8.00M | 8.42M | 9.07M | 12.64M | 12.74M |
| Other cashflows from investing activities | -20.53M | 0.46M | 0.33M | -1.21M | - |
| Sale purchase of stock | -1.11M | -0.10M | -1.12M | -1.63M | 0.00M |
| Other cashflows from financing activities | -0.60M | - | - | - | - |
| Capital expenditures | 0.05M | 3.25M | 3.42M | 7.94M | 7.97M |
| Change in working capital | -1.03M | -26.42M | -19.07M | -19.33M | -18.28M |
| Stock based compensation | 1.78M | 1.94M | 2.48M | 8.71M | 11.68M |
| Other non cash items | 21.09M | 11.72M | 13.95M | 17.25M | 11.16M |
| Free cash flow | 19.47M | -4.53M | -12.59M | -34.95M | -39.06M |
Sector: Technology Industry: Software - Infrastructure
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ORIO Orion Digital Corp. |
0.06 4.72% |
1.33 | - | - | 0.85 | 0.48 | 1.27 | 16.12 |
| MSFT Microsoft CDR (CAD Hedged) |
1.04 2.95% |
36.32 | 25.56 | 20.83 | 14.17 | 7.60 | 10.06 | 16.32 |
| XNDU Xanadu Quantum Technologies Limited |
0.14 3.85% |
3.78 | - | - | 2760.69 | - | 2465.78 | - |
| BB BlackBerry Ltd |
0.30 2.67% |
11.52 | 63.58 | 31.95 | 8.20 | 4.29 | 5.59 | 37.10 |
| CVO Coveo Solutions Inc |
0.02 0.43% |
4.63 | - | 238.10 | 3.10 | 4.58 | 3.20 | -48.29 |
Orion Digital Corp., a financial technology company, operates digital platforms for wealth and payments in Canada and Europe. The company offers Intelligent Investing, a wealth platform which provides long-term investing solutions; and issuer processing, program management, and regulated payment orchestration services. It also engages in the consumer lending business. The company was formerly known as Mogo Inc. and changed its name to Orion Digital Corp. in December 2025. Orion Digital Corp. is headquartered in Vancouver, Canada.
Park Place, 666 Burrard Street, Vancouver, BC, Canada, V6C 2X8
604 659 4380
| Name | Title | Year Born |
|---|---|---|
| Mr. David Marshall Feller | Founder, CEO & Chairman | 1968 |
| Mr. Gregory Dean Feller | Co-founder, President, CFO & Director | 1968 |
| Mr. Justin Carter | Chief Operating Officer | 1981 |
| Mr. Taoufik Ben Ezzaahhaf | Vice President of Engineering at Carta | NA |
| Mr. Tim Chang | Vice President of Finance | NA |
| Craig Armitage | Investor Relations Officer | NA |
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