Orion Digital Q2 2026 Adjusted EBITDA rises to CAD 3.3 million on lower loan-loss provisions, reduced lending deployment says management

Reuters2026/08/06 13:38

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Orion Digital’s Q2 2026 revenue held at CAD 16.9 million as lower lending activity offset growth in platform businesses.
Adjusted EBITDA rose to CAD 3.3 million from CAD 1.9 million, driven by lower loan-loss provisions, lower customer acquisition costs, tighter expenses.
Gross margin widened to 75% from 72%, reflecting reduced lending-related costs, higher Wealth contribution; operating income was CAD 1.3 million.
Wealth revenue increased 14% to CAD 4.1 million; assets under management rose 18% to CAD 545.3 million; Payments revenue fell 9% to CAD 2.4 million.
Cash, marketable securities, investments totaled CAD 34.8 million; cash and restricted cash rose to CAD 25.1 million, supported by the WonderFi exit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Digital Corp. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Orion Digital Q2 2026 Adjusted EBITDA rises to CAD 3.3 million on lower loan-loss provisions, reduced lending deployment says management

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