Orion Digital Corp. (ORIO) - Net Assets

Latest as of September 2025: CA$77.46 Million CAD ≈ $56.03 Million USD

Based on the latest financial reports, Orion Digital Corp. (ORIO) has net assets worth CA$77.46 Million CAD (≈ $56.03 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$178.94 Million ≈ $129.44 Million USD) and total liabilities (CA$101.48 Million ≈ $73.41 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ORIO financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$77.46 Million
% of Total Assets	43.29%
Annual Growth Rate	N/A
5-Year Change	1451.13%
10-Year Change	305.56%
Growth Volatility	1673.59

Orion Digital Corp. - Net Assets Trend (2012–2024)

This chart illustrates how Orion Digital Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore ORIO total asset value for the complete picture of this company's asset base.

Annual Net Assets for Orion Digital Corp. (2012–2024)

The table below shows the annual net assets of Orion Digital Corp. from 2012 to 2024. For live valuation and market cap data, see Orion Digital Corp. (ORIO) total market value.

Year	Net Assets	Change
2024-12-31	CA$81.22 Million ≈ $58.75 Million	-13.34%
2023-12-31	CA$93.72 Million ≈ $67.80 Million	-15.48%
2022-12-31	CA$110.89 Million ≈ $80.21 Million	-58.90%
2021-12-31	CA$269.78 Million ≈ $195.15 Million	+5052.35%
2020-12-31	CA$5.24 Million ≈ $3.79 Million	+198.86%
2019-12-31	CA$1.75 Million ≈ $1.27 Million	+120.15%
2018-12-31	CA$-8.69 Million ≈ $-6.29 Million	-163.02%
2017-12-31	CA$13.79 Million ≈ $9.98 Million	+141.95%
2016-12-31	CA$5.70 Million ≈ $4.12 Million	-71.53%
2015-12-31	CA$20.03 Million ≈ $14.49 Million	+421.94%
2014-12-31	CA$-6.22 Million ≈ $-4.50 Million	+80.83%
2013-12-31	CA$-32.45 Million ≈ $-23.47 Million	-20.47%
2012-12-31	CA$-26.93 Million ≈ $-19.48 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Orion Digital Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 31857447900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CA$389.72 Million	479.85%
Other Comprehensive Income	CA$-416.00K	-0.51%
Other Components	CA$37.42 Million	46.08%
Total Equity	CA$81.22 Million	100.00%

Orion Digital Corp. Competitors by Market Cap

The table below lists competitors of Orion Digital Corp. ranked by their market capitalization.

Company	Market Cap
Spacenet Enterprises India Limited NSE:SPCENET	$24.61 Million
Aware Inc NASDAQ:AWRE	$24.63 Million
Kobexindo Tractors Tbk JK:KOBX	$24.63 Million
FIGENE CAPITAL SA ZY 1 F:20X	$24.64 Million
Bliss Properti Indonesia Tbk PT JK:POSA	$24.58 Million
Kolon Corp KO:002025	$24.58 Million
Panca Global Securities Tbk JK:PEGE	$24.57 Million
System and Application Technologies Co. Ltd KQ:060540	$24.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Orion Digital Corp.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 93,724,000 to 81,217,000, a change of -12,507,000 (-13.3%).
Net loss of 13,680,000 reduced equity.
Share repurchases of 104,000 reduced equity.
Other comprehensive income decreased equity by 659,000.
Other factors increased equity by 1,936,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-13.68 Million	-16.84%
Share Repurchases	CA$104.00K	-0.13%
Other Comprehensive Income	CA$-659.00K	-0.81%
Other Changes	CA$1.94 Million	+2.38%
Total Change	CA$-	-13.34%

Book Value vs Market Value Analysis

This analysis compares Orion Digital Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.43x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	CA$-12.12	CA$1.43	x
2013-12-31	CA$-14.60	CA$1.43	x
2014-12-31	CA$-2.43	CA$1.43	x
2015-12-31	CA$4.57	CA$1.43	x
2016-12-31	CA$0.94	CA$1.43	x
2017-12-31	CA$2.25	CA$1.43	x
2018-12-31	CA$-1.15	CA$1.43	x
2019-12-31	CA$0.21	CA$1.43	x
2020-12-31	CA$0.54	CA$1.43	x
2021-12-31	CA$12.85	CA$1.43	x
2022-12-31	CA$4.36	CA$1.43	x
2023-12-31	CA$3.77	CA$1.43	x
2024-12-31	CA$3.33	CA$1.43	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Orion Digital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -16.84%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -19.23%
• Asset Turnover: 0.38x
• Equity Multiplier: 2.34x
Recent ROE (-16.84%) is above the historical average (-124.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	0.00%	-21.88%	1.35x	0.00x	CA$-651.53K
2013	0.00%	-32.17%	1.27x	0.00x	CA$-2.35 Million
2014	0.00%	-55.87%	0.47x	0.00x	CA$-12.45 Million
2015	-106.62%	-49.05%	0.41x	5.36x	CA$-23.35 Million
2016	-299.77%	-34.27%	0.50x	17.37x	CA$-17.66 Million
2017	-143.02%	-40.53%	0.36x	9.76x	CA$-21.11 Million
2018	0.00%	-35.94%	0.46x	0.00x	CA$-21.15 Million
2019	-617.87%	-18.10%	0.40x	86.24x	CA$-11.00 Million
2020	-256.78%	-29.11%	0.44x	19.95x	CA$-13.97 Million
2021	-12.31%	-81.44%	0.10x	1.46x	CA$-60.19 Million
2022	-149.41%	-240.29%	0.31x	2.00x	CA$-176.77 Million
2023	-19.08%	-27.43%	0.31x	2.22x	CA$-27.26 Million
2024	-16.84%	-19.23%	0.38x	2.34x	CA$-21.80 Million

Industry Comparison

This section compares Orion Digital Corp.'s net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

Industry: Software - Infrastructure
Average net assets among peers: $-13,206,207
Average return on equity (ROE) among peers: -37.53%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Orion Digital Corp. (ORIO)	CA$77.46 Million	0.00%	1.31x	$24.60 Million
BlackBerry Ltd (BB)	$776.00 Million	-16.78%	0.80x	$2.78 Billion
Blockchaink2 Corp (BITK)	$2.90 Million	-23.65%	0.02x	$2.26 Million
Coveo Solutions Inc (CVO)	$-999.08 Million	0.00%	0.00x	$179.34 Million
Fobi AI Inc (FOBI)	$-294.78K	0.00%	0.00x	$6.50 Million
Fintech Select Ltd (FTEC)	$-1.41 Million	0.00%	0.00x	$2.32 Million
Haivision Systems Inc (HAI)	$90.25 Million	-6.86%	0.65x	$127.86 Million
Hank Payments Corp (HANK)	$-7.87 Million	0.00%	0.00x	$15.76 Million
DeepMarkit Corp (MKT)	$1.01 Million	-241.79%	0.10x	$12.27 Million
Mogo Inc (MOGO)	$5.70 Million	-299.77%	16.37x	$25.11 Million
Martello Technologies Group Inc (MTLO)	$733.30K	213.59%	0.34x	$2.11 Million

About Orion Digital Corp.

TO:ORIO Canada Software - Infrastructure

Market Cap

$24.60 Million

CA$34.00 Million CAD

Market Cap Rank

#24373 Global

#935 in Canada

Share Price

CA$1.43

Change (1 day)

+1.42%

52-Week Range

CA$1.30 - CA$1.85

All Time High

CA$1.85