Business
Orion Digital Reports Q1 2026: Adjusted EBITDA +46% Year-over-Year, Cash +97% Year-over-Year; New Intelligent Investing App Released
Wealth AUM of $495.6M, +14% Year-over-Year Wealth Revenue of $3.9M, +12% Year-over-Ye...
About this update from Orion Digital Corp.
[{"type":"text","content":"Orion Digital Reports Q1 2026: Adjusted EBITDA +46% Year-over-Year, Cash +97% Year-over-Year; New Intelligent Investing App Released\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth16 { width: 16% }\n.bwwidth64 { width: 64% }\n.bwwidth66 { width: 66% }\n.bwwidth67 { width: 67% }\n \n\n\n\n\n\n Wealth AUM of $495.6M, +14% Year-over-Year\n \n\n\n\n\n\n Wealth Revenue of $3.9M, +12% Year-over-Year\n \n\n\n\n\n\n EU Payments Volume of $2.7B, +12% Year-over-Year\n \n\n\n\n\n\n Total Cash, Marketable Securities and Investments of $35.4M\n \n\n\n\n\n Orion Digital reports in Canadian dollars and in accordance with IFRS\n \n\n\n\n\n Orion Digital Corp. (NASDAQ: ORIO; TSX: ORIO)(“Orion Digital” or the “Company”) today reported financial results for the first quarter ended March 31, 2026 - the Company's first quarter operating under the Orion Digital name following the rebrand from Mogo Inc. effective December 29, 2025.\n \n\n Q1 2026 results reflect continued execution of Orion Digital's strategy of building platforms for the AI-driven financial system: Intelligent Investing in Canadian digital wealth and Carta Worldwide in European payments infrastructure, supported by a consumer lending portfolio that generates operating cash flow to fund investment in the platforms. The quarter saw Adjusted EBITDA\n \n 1\n \n grow 46% year-over-year and the cash position strengthened by 97% year-over-year, reflecting the deliberate conversion of non-core holdings into operating capital. The Company also recently released the new Intelligent Investing app, an important milestone in the development of its next-generation wealth platform.\n \n\n In conjun...