Quarterly ResultAug 6, 2026, 07:32 AM
Orion Digital Q2 Net Loss C$0.74M; Revenue C$16.86M
AI Summary
Orion Digital Corp. reported a net loss of C$0.74 million for the second quarter of 2026, a significant decline from a net income of C$13.51 million in the prior year. Total revenue for the quarter was C$16.86 million, slightly down from C$16.93 million in Q2 2025. For the first six months of 2026, the company recorded a net loss of C$6.55 million compared to a net income of C$1.64 million in the same period last year. Cash provided by operating activities for the six months increased to C$2.31 million.
Key Highlights
- Q2 2026 net loss was C$0.74 million, compared to net income of C$13.51 million in Q2 2025.
- Q2 2026 total revenue slightly decreased to C$16.86 million from C$16.93 million year-over-year.
- Basic loss per share for Q2 2026 was C$0.03, down from C$0.56 income in Q2 2025.
- Cash and cash equivalents increased to C$23.27 million as of June 30, 2026, from C$17.70 million at year-end 2025.
- Cash provided by operating activities for H1 2026 rose to C$2.31 million from C$1.49 million in H1 2025.
- Wealth revenue for Q2 2026 grew to C$4.07 million from C$3.57 million in Q2 2025.
- Payments revenue for Q2 2026 decreased to C$2.36 million from C$2.59 million in Q2 2025.
- Total assets decreased to C$162.44 million as of June 30, 2026, from C$173.63 million at year-end 2025.
Price Impact
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