The significant cash infusion from the WonderFi exit and strong growth in core businesses (wealth and payments) provide Orion Digital with enhanced financial flexibility to accelerate investment in its primary growth platforms. Traders should monitor the company's ability to convert this strengthened balance sheet into sustained revenue growth and improved profitability.
Price Chart
Executive Summary
Orion Digital Corp. (formerly Mogo Inc.) filed its 2025 Annual Information Form, disclosing a corporate rebrand to ORIO, the exit of its remaining WonderFi stake which boosted cash to ~$27 million, and strong growth in its wealth and payments segments. Assets under management rose 17% to $498.3 million, while European payments volume grew 14% year-over-year. The company remains focused on reinvesting in its core digital wealth and payments infrastructure platforms.
Key Facts
- Company rebranded from Mogo Inc. to Orion Digital Corp. (ORIO) effective December 29, 2025
- Exited remaining WonderFi investment in January 2026, increasing cash and cash equivalents by over 50% to ~$27 million
- Assets under management on wealth platform reached $498.3 million at Q4 2025, a 17% year-over-year increase
- European payments volume grew 14% year-over-year to $3.1 billion in Q4 2025
- Company completed Phase 1 of the Intelligent Investing platform rebuild in Q4 2025
- Shareholder equity was approximately $72 million as of December 31, 2025
Financial Impact
The WonderFi monetization increased cash by over 50% to approximately $27 million. Assets under management grew to $498.3 million, and European payments volume reached $3.1 billion in Q4 2025.
Risk Factors
- The company has an accumulated deficit of approximately $354 million
- Approximately 35% of assets consist of loans, exposing it to potential credit risk and economic downturns
- Reliance on a single credit facility ($60 million) for funding creates concentration risk
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001477932-26-001953 |
| Document: orio_ex992.htm | 0001477932-26-001953 |
| Document: orio_ex993.htm | 0001477932-26-001953 |
| Document: orio_6k.htm | 0001477932-26-001953 |
| Document: 0001477932-26-001953-index-headers.html | 0001477932-26-001953 |
| Document: 0001477932-26-001953-index.html | 0001477932-26-001953 |
| Document: 0001477932-26-001953.txt | 0001477932-26-001953 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 28, 2026 28d ago | 6-K | $0.9800 $1.04 | ▲ +6.12% | ▲ +4.17% | $0.8700 (−11.22%) |
Aug 6, 2026 11w ago | 6-K | $0.6725 $0.8907 | ▲ +32.45% | ▲ +31.23% | $0.8700 (+29.37%) |
Jun 26, 2026 17w ago | 6-K | $0.8689 $0.8649 | ▲ +0.46% | ▲ +1.85% | $0.8700 (−0.13%) |
Jun 23, 2026 17w ago | 6-K | $0.8715 $0.8074 | ▼ −7.36% | ▼ −9.06% | $0.8700 (−0.17%) |
May 7, 2026 24w ago | 6-K | $1.03 $0.9410 | ▼ −8.64% | ▼ −10.15% | $0.8700 (−15.53%) |
Apr 2, 2026 29w ago | 6-K | $0.9400 $1.00 | ▲ +6.38% | ▲ +2.76% | $0.8700 (−7.45%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers