Orion Digital Corp. (ORIO) - Net Assets
Based on the latest financial reports, Orion Digital Corp. (ORIO) has net assets worth CA$66.74 Million CAD (≈ $48.28 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$166.59 Million ≈ $120.51 Million USD) and total liabilities (CA$99.85 Million ≈ $72.23 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 how tangible is Orion Digital Corp.'s equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$66.74 Million |
| % of Total Assets | 40.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | -73.19% |
| 10-Year Change | 1168.41% |
| Growth Volatility | 1590.84 |
Orion Digital Corp. - Net Assets Trend (2012–2025)
This chart illustrates how Orion Digital Corp.'s net assets have evolved over time, based on quarterly financial data. See Orion Digital Corp. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Orion Digital Corp. (2012–2025)
The table below shows the annual net assets of Orion Digital Corp. from 2012 to 2025. For live valuation and market cap data, see Orion Digital Corp. (ORIO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$72.32 Million ≈ $52.32 Million |
-10.95% |
| 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 |
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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 32710947900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$388.73 Million | 537.51% |
| Other Comprehensive Income | CA$-1.48 Million | -2.05% |
| Other Components | CA$39.12 Million | 54.09% |
| Total Equity | CA$72.32 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 |
|---|---|
|
Saga Furs Oyj C
HE:SAGCV
|
$22.81 Million |
|
Honey Badger Silver Inc
V:TUF
|
$22.84 Million |
|
Xbrane Biopharma AB
ST:XBRANE
|
$22.84 Million |
|
B&M European Value Retail SA
LSE:BME
|
$22.84 Million |
|
Heng Huat Resources Group Bhd
KLSE:0175
|
$22.80 Million |
|
Compugates Holdings Bhd
KLSE:5037
|
$22.79 Million |
|
KARO INVEST a.s.
PR:KARIN
|
$22.79 Million |
|
Steel Hawk Berhad
KLSE:0320
|
$22.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orion Digital Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 81,217,000 to 72,321,000, a change of -8,896,000 (-11.0%).
- Net loss of 8,535,000 reduced equity.
- Share repurchases of 1,107,000 reduced equity.
- Other comprehensive income decreased equity by 1,067,000.
- Other factors increased equity by 1,813,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.54 Million | -11.8% |
| Share Repurchases | CA$1.11 Million | -1.53% |
| Other Comprehensive Income | CA$-1.07 Million | -1.48% |
| Other Changes | CA$1.81 Million | +2.51% |
| Total Change | CA$- | -10.95% |
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: 0.44x
- 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$1.33 | x |
| 2013-12-31 | CA$-14.60 | CA$1.33 | x |
| 2014-12-31 | CA$-2.43 | CA$1.33 | x |
| 2015-12-31 | CA$4.57 | CA$1.33 | x |
| 2016-12-31 | CA$0.94 | CA$1.33 | x |
| 2017-12-31 | CA$2.25 | CA$1.33 | x |
| 2018-12-31 | CA$-1.15 | CA$1.33 | x |
| 2019-12-31 | CA$0.21 | CA$1.33 | x |
| 2020-12-31 | CA$0.54 | CA$1.33 | x |
| 2021-12-31 | CA$12.85 | CA$1.33 | x |
| 2022-12-31 | CA$4.36 | CA$1.33 | x |
| 2023-12-31 | CA$3.77 | CA$1.33 | x |
| 2024-12-31 | CA$3.33 | CA$1.33 | x |
| 2025-12-31 | CA$3.00 | CA$1.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orion Digital Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.53%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.40x
- Recent ROE (-11.80%) is above the historical average (-116.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -21.88% | 1.35x | 0.00x | CA$-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 |
| 2025 | -11.80% | -12.53% | 0.39x | 2.40x | CA$-15.77 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: $-5,867,394
- Average return on equity (ROE) among peers: -137.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orion Digital Corp. (ORIO) | CA$66.74 Million | 0.00% | 1.50x | $22.81 Million |
| BlackBerry Ltd (BB) | $876.54 Million | -3.25% | 0.08x | $2.78 Billion |
| Blockchaink2 Corp (BITK) | $70.50K | -489.22% | 1.93x | $1.27 Million |
| BTQ Technologies Corp. (BTQ) | $6.80 Million | -17.00% | 0.07x | $805.76 Million |
| Coveo Solutions Inc (CVO) | $-999.08 Million | 0.00% | 0.00x | $159.35 Million |
| Fobi AI Inc (FOBI) | $2.57 Million | -496.42% | 0.94x | $7.08 Million |
| Fintech Select Ltd (FTEC) | $35.85K | 1366.03% | 27.29x | $2.03 Million |
| Haivision Systems Inc (HAI) | $88.92 Million | -9.88% | 0.38x | $90.29 Million |
| Hank Payments Corp (HANK) | $-7.87 Million | 0.00% | 0.00x | $15.76 Million |
| DeepMarkit Corp (MKT) | $276.44K | -1723.61% | 1.34x | $18.92 Million |
| Mogo Inc (MOGO) | $-26.93 Million | 0.00% | 0.00x | $25.11 Million |
About Orion Digital Corp.
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 kno… Read more