Orion Digital Corp. Common Shares (ORIO)

FairStock Score: 34/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Orion Digital, formerly Mogo, is a small Canadian and European fintech with wealth, payments, and lending platforms. At the 2026-10-13 close, the market valued it at $25.8 million, or $1.01 per share. This is not a business with an obvious moat. In the latest reported quarter, fiscal Q2 2026, revenue was $16.9 million and net income was -$744,000, a -4.41% margin. The loss is small relative to revenue, but trailing free cash flow was -$3.6 million and the FairStock FCF yield is -13.8%, so the enterprise is consuming cash. FairStock calculations show P/B of 0.50 and P/E of -2.02; the latter simply reflects losses. Debt-to-equity is 1.24 and Altman Z-Score is -2.60, which points to financial distress risk. ROE is -22.70% and ROCE is -9.68%, so capital is not earning a positive return. The Piotroski F-Score of 8/9 is a positive accounting signal, but the FairStock Lynch category is none because there are only 0 years of filed results, against the 3 needed. The provided growth figures are slightly negative for revenue and sharply negative for profit, so momentum is poor. The stock trades below book value, but Graham would ask whether that book is trustworthy and whether earnings power can be restored. Buffett would want a durable franchise and consistent cash generation; here both are missing. A turnaround is possible if the payments and wealth platforms scale and cash burn stops, but today this is a speculative, leveraged, unproven fintech. The FairStock Score of 34/100 is consistent with a weak profile. I would watch cash, debt, and revenue trend before calling it cheap.

In plain English: Orion Digital is a small fintech company that runs digital wealth and payment platforms in Canada and Europe. The business looks weak right now: in its latest reported quarter, fiscal Q2 2026, it had $16.9 million of revenue but lost $744,000, and it is burning cash. The share price looks low compared with its accounting net worth, but that discount comes with real risk because the company is not profitable.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer