Orion Digital Corp.

Orion Digital Corp. reported strong Q2 2026 financial results, with Adjusted EBITDA increasing 115% sequentially to $3.3 million and 70% year-over-year. The company's Wealth Assets Under Management (AUM) grew 18% year-over-year to $545.3 million, and Wealth revenue rose 14%. Total revenue was $16.9 million, a slight decrease from the prior year, attributed to reduced Mogo lending originations. The company commercially launched its Intelligent Investing platform post-quarter end and expects full-year Adjusted EBITDA to trend towards the upper end of, or potentially exceed, its guidance range of $6.0 million to $7.0 million.

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.

Orion Digital Corp. announced it received a notification from Nasdaq on June 25, 2026, indicating a deficiency in its minimum bid price requirement. The company's shares traded below US$1.00 for 30 consecutive business days. Orion Digital has 180 calendar days, until December 22, 2026, to regain compliance, which requires its bid price to close at US$1.00 or more for at least ten consecutive business days. The company stated its business operations are not affected and it intends to resolve the deficiency.

Orion Digital Corp. announced the results of its Annual General Meeting of Shareholders held on June 23, 2026. All proposed resolutions, including the election of directors and the re-appointment of MNP LLP as the company's auditor, were approved by shareholders. The total votes cast represented 32.22% of the company's outstanding shares.

Orion Digital Corp. has issued a Notice of Annual General Meeting of Shareholders to be held virtually on June 23, 2026. Key agenda items include receiving the audited financial statements for the year ended December 31, 2025, electing directors, and appointing MNP LLP as the auditor. The Board of Directors recommends voting in favor of all resolutions. The filing also details executive compensation, director nominees, and voting procedures for both registered and non-registered shareholders.

Orion Digital Corp. reported strong Q1 2026 financial results, with Adjusted EBITDA increasing 46% year-over-year and cash and restricted cash growing 97%. The company also announced the release of its new Intelligent Investing app, a key milestone in its strategy to build AI-driven financial platforms. Wealth AUM and revenue, along with EU Payments volume, showed double-digit growth, while net loss improved significantly. The company provided Q2 and full-year 2026 Adjusted EBITDA guidance and noted a temporary reduction in Q2 loan originations to highlight operational cash flow.

Orion Digital Corp. reported a significant reduction in net loss for the first quarter of 2026, halving to C$5.812 million from C$11.871 million in the prior year. Basic loss per share improved to C$0.24 from C$0.49. While total revenue saw a slight decrease to C$16.856 million, gross profit remained stable, and operating expenses along with revaluation losses were notably lower, contributing to the improved financial performance. The company also saw an increase in its cash and cash equivalents.

Orion Digital Corp. announced its Annual General Meeting (AGM) will be held virtually on June 23, 2026. The company set May 11, 2026, as the record date for both notice of the meeting and voting purposes. Orion Digital Corp. will pay for the delivery of proxy-related materials to Objecting Beneficial Owners (OBOs).