Orion Digital (ORIO)
Market Price (8/8/2026): $0.6469 | Market Cap: $15.4 MilSector: Information Technology | Industry: Systems Software
Orion Digital (ORIO)
Market Price (8/8/2026): $0.6469Market Cap: $15.4 MilSector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -31% Low stock price volatilityVol 12M is 49% Megatrend and thematic driversMegatrends include Artificial Intelligence, Cloud Computing, and Social Media & Creator Economy. Themes include AI Software Platforms, Show more. | Weak multi-year price returns2Y Excs Rtn is -81%, 3Y Excs Rtn is -108% | Penny stockMkt Price is 0.6 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.1 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.2% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 349% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.9%, Rev Chg QQuarterly Revenue Change % is -0.5% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.2% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -112% Key risksORIO key risks include [1] a steep projected annual earnings decline of 147.2% and [2] high debt that is not covered by its negative operating cash flow. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -31% |
| Low stock price volatilityVol 12M is 49% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Cloud Computing, and Social Media & Creator Economy. Themes include AI Software Platforms, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -81%, 3Y Excs Rtn is -108% |
| Penny stockMkt Price is 0.6 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.1 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.2% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 349% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.9%, Rev Chg QQuarterly Revenue Change % is -0.5% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.2% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -112% |
| Key risksORIO key risks include [1] a steep projected annual earnings decline of 147.2% and [2] high debt that is not covered by its negative operating cash flow. |
Qualitative Assessment
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Orion Digital (ORIO) stock has lost about 40% since 4/30/2026 because of the following key factors:
1. Nasdaq Minimum Bid Price Deficiency Notification.
On June 26, 2026, Orion Digital Corp. (ORIO) received a notification from Nasdaq regarding a deficiency in its minimum bid price. Such a notice indicates the company's stock has traded below the required minimum price, which can lead to delisting if not remedied, significantly eroding investor confidence and contributing to the stock's decline.
2. Persistent Underlying Financial Weakness.
Despite reporting positive year-over-year adjusted EBITDA growth of 46% and a 97% increase in cash for fiscal Q1 2026 (ended March 31, 2026), Orion Digital continues to exhibit indicators of weak financial health. The company's GF Score™ is 44/100, and its financial strength is rated 3/10, suggesting potential risks due to high debt levels and raising concerns about its ability to sustain growth and achieve profitability in the long term.
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Orion Digital (ORIO) stock has lost about 40% since 4/30/2026 because of the following key factors:
1. Nasdaq Minimum Bid Price Deficiency Notification.
On June 26, 2026, Orion Digital Corp. (ORIO) received a notification from Nasdaq regarding a deficiency in its minimum bid price. Such a notice indicates the company's stock has traded below the required minimum price, which can lead to delisting if not remedied, significantly eroding investor confidence and contributing to the stock's decline.
2. Persistent Underlying Financial Weakness.
Despite reporting positive year-over-year adjusted EBITDA growth of 46% and a 97% increase in cash for fiscal Q1 2026 (ended March 31, 2026), Orion Digital continues to exhibit indicators of weak financial health. The company's GF Score™ is 44/100, and its financial strength is rated 3/10, suggesting potential risks due to high debt levels and raising concerns about its ability to sustain growth and achieve profitability in the long term.
3. Market Reaction to Unproven New Initiatives Amidst Existing Challenges.
While Orion Digital commercially launched its new Intelligent Investing platform on July 27, 2026, this positive development occurred late in the specified period and was likely insufficient to immediately offset the negative sentiment from the Nasdaq deficiency and broader financial concerns. The market may be adopting a "wait and see" approach regarding the new platform's ability to significantly impact revenue and profitability, especially given the company's historical challenges and negative price-to-earnings (P/E) ratio of -7.71.
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Stock Movement Drivers
Fundamental Drivers
The -38.1% change in ORIO stock from 4/30/2026 to 8/7/2026 was primarily driven by a -37.8% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 8072026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.04 | 0.65 | -38.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 69 | 68 | -0.8% |
| P/S Multiple | 0.4 | 0.2 | -37.8% |
| Shares Outstanding (Mil) | 24 | 24 | 0.4% |
| Cumulative Contribution | -38.1% |
Market Drivers
4/30/2026 to 8/7/2026| Return | Correlation | |
|---|---|---|
| ORIO | -38.1% | |
| Market (SPY) | 7.6% | 23.8% |
| Sector (XLK) | 17.8% | 22.2% |
Fundamental Drivers
The -49.1% change in ORIO stock from 1/31/2026 to 8/7/2026 was primarily driven by a -48.3% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 8072026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.27 | 0.65 | -49.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 69 | 68 | -1.7% |
| P/S Multiple | 0.4 | 0.2 | -48.3% |
| Shares Outstanding (Mil) | 24 | 24 | 0.3% |
| Cumulative Contribution | -49.1% |
Market Drivers
1/31/2026 to 8/7/2026| Return | Correlation | |
|---|---|---|
| ORIO | -49.1% | |
| Market (SPY) | 12.1% | 30.9% |
| Sector (XLK) | 30.8% | 27.8% |
Fundamental Drivers
nullnull
Market Drivers
7/31/2025 to 8/7/2026| Return | Correlation | |
|---|---|---|
| ORIO | ||
| Market (SPY) | 23.4% | 32.3% |
| Sector (XLK) | 43.7% | 28.5% |
Fundamental Drivers
nullnull
Market Drivers
7/31/2023 to 8/7/2026| Return | Correlation | |
|---|---|---|
| ORIO | ||
| Market (SPY) | 74.9% | 32.3% |
| Sector (XLK) | 114.7% | 28.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ORIO Return | - | - | - | - | - | -33% | -33% |
| Peers Return | 41% | -73% | 152% | 76% | 41% | -23% | 84% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| ORIO Win Rate | - | - | - | - | - | 38% | |
| Peers Win Rate | 42% | 32% | 55% | 53% | 58% | 42% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ORIO Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -52% | -76% | -47% | -36% | -49% | -45% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SOFI, UPST, HOOD, COIN, PYPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/7/2026 (YTD)
How Low Can It Go
ORIO has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.0% | -7.8% |
| % Gain to Breakeven | 20.4% | 8.5% |
| Time to Breakeven | 92 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.0% | -9.5% |
| % Gain to Breakeven | 11.2% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
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Asset Allocation
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ORIO has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.5% | -53.4% |
| % Gain to Breakeven | 106.2% | 114.4% |
| Time to Breakeven | 797 days | 1085 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Orion Digital (ORIO)
AI Analysis | Feedback
Analogy 1: A Canadian SoFi, providing an all-in-one digital platform for banking, investing, loans, and crypto.
Analogy 2: Like a Canadian Chime or Revolut, but with integrated stock trading, crypto buying, and personal loans.
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- Mogo app: A digital spending account featuring the Mogo Visa Platinum Prepaid Card.
- MogoCrypto: A platform enabling the buying and selling of bitcoin.
- MogoProtect: A service offering free ID fraud protection and monthly credit score monitoring.
- MogoMortgage: A digital experience for obtaining mortgage services.
- MogoMoney: Provides consumers with access to personal loans.
- MogoTrade: A free stock trading platform offering real-time stock quotes and funding.
- Mogo Ventures: Manages the company's investments in strategic partners and other companies.
- Carta: A digital payments software platform that helps financial technology companies, banks, and corporations issue payment products and facilitate payment processing.
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- Visa Inc. (V)
- Equifax Inc. (EFX)
- TransUnion (TRU)
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David Feller founded Mogo in 2003, which later became Orion Digital. He has served as the Company's Chief Executive Officer and Chairman of the Board since its inception. Over the past 19 years, he has grown the company into a leading digital wallet and payments entity, overseeing equity and debt financings totaling over $500 million, the company's IPO on the TSX, and subsequent public offerings. Mr. Feller is passionate about leveraging technology and design to deliver innovative digital solutions that help consumers improve their financial health. He is a former member of the Young Entrepreneurs Organization (YEO) of Canada and holds a Bachelor of Arts degree from the University of Western Ontario.
Gregory Feller, President, CFO and DirectorGregory Feller is a co-founder of Orion Digital (formerly Mogo) and has served as the Company's Chief Financial Officer since August 2011, and as President and a Director since April 2015. He manages the financial strategy of the company. Prior to joining Mogo, Mr. Feller held significant roles in the financial services industry, including Managing Director and Co-Head of the Technology Investment Banking Group at Citadel Securities. He also served as a Managing Director at UBS Investment Bank (2008-2010), a Managing Director with Lehman Brothers (2001-2008), and a Vice President at Goldman Sachs & Co. (1998-2000). Gregory Feller holds a Bachelor of Administrative and Commercial Studies from the University of Western Ontario.
Justin Carter, Chief Operating OfficerJustin Carter oversees the day-to-day execution of Orion Digital's platform strategy.
Alice Davidson, Chief Legal OfficerAlice Davidson serves as the Chief Legal Officer for Orion Digital.
Eric Miles, CTOEric Miles holds the position of Chief Technology Officer at Orion Digital.
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Here are the key risks to Orion Digital's business:
- Inconsistent Profitability and Financial Performance Volatility: Despite recent improvements in cash flow, Orion Digital's net income remains negative, and its earnings before interest and taxes (EBIT) are below breakeven. The company has experienced volatile revenue, and the long-term sustainability of its positive cash flow, after a period of negative results, is identified as a key watch item. This suggests ongoing challenges in achieving consistent and sustainable profitability across its diverse business segments.
- Intense Competition in Fintech and Digital Asset Markets: Orion Digital operates in highly competitive industries, including digital wealth management, payments processing, and digital asset services. Its Intelligent Investing platform, which aims to promote long-term wealth building, faces significant competition from numerous existing trading applications and wealth management tools. Similarly, its Carta Worldwide payments infrastructure operates within a crowded global payments landscape. This competitive environment could hinder customer acquisition, retention, and pricing power.
- Regulatory and Market Risks in the Digital Asset Sector: The company's "Bitcoin Treasury" strategy exposes it to the inherent volatility and price fluctuations of the cryptocurrency market. Furthermore, the rapidly evolving regulatory landscape for digital assets in the various jurisdictions where Orion Digital operates (primarily Canada and Europe) presents significant operational and compliance risks. Changes in these regulations could impact the value of its digital asset holdings or restrict its ability to participate in this market.
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Addressable Markets for Orion Digital (ORIO) Products and Services
Orion Digital Corp. (ORIO), formerly known as Mogo Inc., operates digital financial technology platforms across wealth, payments, and lending. The addressable markets for its main products and services are primarily concentrated in Canada and Europe.
Intelligent Investing Platform (Canada)
For its Intelligent Investing platform, which provides digital wealth management solutions in Canada, the market demonstrates significant growth. The Canada digital WealthTech and Robo-Advisors Market was valued at approximately USD 2.7 billion based on a five-year historical analysis. The broader Canadian digital financial services sector is projected to reach CAD 9.1 billion in the future. More specifically, the Canada wealth management software market generated a revenue of USD 172.5 million in 2024 and is expected to reach USD 391.9 million by 2030, exhibiting a compound annual growth rate (CAGR) of 14.7% from 2025 to 2030. The Wealth Management Platform Market in Canada is projected to grow at a 6.5% CAGR from 2025 to 2035.
Carta Worldwide (Europe and Canada)
Orion Digital's Carta Worldwide subsidiary, which provides issuer processing and payments infrastructure, operates in the European and Canadian fintech markets. The European fintech market was valued at USD 98.10 billion in 2025 and is projected to reach USD 690.86 billion by 2034, with a CAGR of 24.22% from 2026 to 2034. The payment and fund transfer segment alone constituted 45.08% of the total Europe fintech market in 2025. The Europe payment processing solutions market is estimated at USD 22.46 billion in 2026 and is projected to reach USD 44.93 billion by 2034, with a CAGR of 9.05% from 2026 to 2034.
In Canada, the fintech market (which includes payments) reached USD 5.1 billion in 2025 and is projected to grow to USD 19.3 billion by 2034, demonstrating a CAGR of 15.55% during 2026-2034. Another estimate places the Canadian fintech sector at USD 10.2 billion in 2025, with a projection to reach USD 25.5 billion by 2033. Canada plays a significant role in the North American payment processing solutions market, which was valued at USD 111.6 billion globally in 2024 and is poised to grow to USD 246.42 billion by 2033.
Consumer Lending Business (Canada)
Orion Digital's consumer lending business, which includes personal loans, serves the Canadian market. The Canada digital lending platform market generated a revenue of USD 698.0 million in 2024 and is expected to reach USD 3,019.9 million by 2030, growing at a CAGR of 28.2% from 2025 to 2030. The Canadian personal loan sector is steadily expanding, supported by factors like household borrowing activity. The North American personal loans industry held the largest share in the global market in 2020. Globally, the personal loans market size is projected to reach USD 1.41 trillion in 2030 at a CAGR of 10.6% from 2025.
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Orion Digital Corp. (NASDAQ: ORIO), formerly Mogo Inc., is focused on growing its revenue over the next 2-3 years through several key drivers, leveraging its multi-engine platform across wealth, payments, and digital assets.
Here are 3-5 expected drivers of future revenue growth for Orion Digital:
- Growth in the Intelligent Investing Platform: Orion Digital's Intelligent Investing platform, which offers digital wealth management solutions, is a significant driver. The company reported a 32% year-over-year increase in wealth revenue and a 17% rise in Assets Under Management (AUM) to $498 million in Q4 and full-year 2025, respectively. This platform focuses on long-term wealth building, positioning it for continued expansion in the digital wealth sector.
- Expansion of Carta Worldwide Payments Infrastructure: The Carta Worldwide subsidiary, which provides global payments infrastructure and issuer processing, is expected to continue driving revenue growth, particularly through its ongoing expansion in the European market. In fiscal year 2025, European payment transaction volume through Carta Worldwide reached CAD 11.1 billion, a 14% increase, contributing to a 15% increase in payments revenue. The platform also has potential for future growth in areas like stablecoin settlement and digital asset infrastructure.
- Increase in Platform Members: Growth in the overall number of platform members is a fundamental driver for Orion Digital's various digital financial solutions. The company reported 2.3 million platform members, reflecting a 6% year-over-year growth, indicating a growing customer base that can be monetized across its offerings.
- Strategic Shift to Recurring Subscription and Services Revenue: Orion Digital is actively transitioning to a platform-driven business model with a focus on recurring income. In Q4 and full-year 2025, subscription and services revenue constituted 62% of the total revenue, demonstrating a successful shift towards more stable and predictable revenue streams through its wealth and payments platforms. This strategic pivot is aimed at enhancing long-term profitability and market competitiveness.
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Capital Allocation Decisions for Orion Digital (formerly Mogo Inc.)
Share Repurchases
- Orion Digital (as Mogo Inc.) repurchased 474,353 common shares in 2023 at an average price of $2.36 per share, and 600,000 common shares in 2022 under its NASDAQ buyback program, totaling 1,074,353 common shares repurchased and cancelled to date, representing 4.4% of outstanding shares as of March 2024.
- As of August 2023, Mogo Inc. received approval from the Toronto Stock Exchange (TSX) to commence a Normal Course Issuer Bid (NCIB) to repurchase up to 2,183,000 common shares (approximately 10% of the public float at March 21, 2023) until March 21, 2024.
- As of July 1, 2025, Mogo had approximately US$7 million in remaining repurchase capacity under its NASDAQ buyback program, representing roughly 13% of its outstanding common shares at the time.
Share Issuance
- On August 14, 2023, the company completed a share consolidation of its share capital on a three-for-one basis.
- In January 2021, Mogo issued 10 million common shares to the former holders of Carta securities as part of the acquisition of Carta Worldwide.
- In May 2021, Mogo completed the acquisition of Moka, purchasing the company in exchange for nearly 5 million Mogo shares as part of a $64 million CAD all-stock deal.
Inbound Investments
- The company's capital strategy includes maintaining a strong balance sheet with total cash and investments of $46.1 million CAD as of Q3 2025.
- Orion Digital (as Mogo Inc.) has funded its lending and investing activities, expenses, and losses primarily through proceeds from its 2015 initial public offering, subsequent common share issuances, convertible debentures, warrants, and credit facilities.
Outbound Investments
- In July 2025, Mogo's board of directors authorized up to $50 million in Bitcoin allocations as a long-term reserve asset, with holdings increasing to $4.7 million CAD in Q3 2025.
- Mogo (now Orion Digital) made strategic acquisitions, including Carta Worldwide in January 2021 for $24 million CAD in stock, and Moka in May 2021 for approximately 5 million Mogo shares (part of a $64 million CAD all-stock deal).
- In 2022, Mogo formed Mogo Ventures to manage investments in strategic partners and companies, including a 39% stake in Coinsquare, investments in crypto and Web3 platforms like Gemini and NFT Trader, and gaming companies such as Enthusiast Gaming.
Capital Expenditures
- In the last 12 months (prior to late 2025/early 2026), Orion Digital reported capital expenditures of -$78,972.
- The company prioritizes investment in its Wealth platform (Intelligent Investing) and Payments infrastructure (Carta Worldwide) to support growth.
- Orion Digital's MOGO 3.0 initiative, launched in Q1 2025, is an AI-native transformation plan focused on consolidating platforms, automating workflows, and embedding AI to reduce operational costs by 15% by the end of fiscal year 2025.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 45.08 |
| Mkt Cap | 32.0 |
| Rev LTM | 4,619 |
| Op Inc LTM | 1,502 |
| FCF LTM | 87 |
| FCF 3Y Avg | 675 |
| CFO LTM | 122 |
| CFO 3Y Avg | 703 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 22.0% |
| Rev Chg 3Y Avg | 33.6% |
| Rev Chg Q | 18.5% |
| QoQ Delta Rev Chg LTM | 4.0% |
| Op Inc Chg LTM | 25.9% |
| Op Inc Chg 3Y Avg | 69.9% |
| Op Mgn LTM | 15.0% |
| Op Mgn 3Y Avg | 19.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 2.4% |
| CFO/Rev 3Y Avg | 9.2% |
| FCF/Rev LTM | -0.8% |
| FCF/Rev 3Y Avg | 5.7% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.34 | 0.88 | 0.91 | 1.02 | 0.17 | -0.05 |
| Up Beta | -2.91 | 0.36 | 0.28 | 1.08 | 0.82 | 0.11 |
| Down Beta | -0.36 | 0.72 | 0.58 | 0.48 | 0.14 | -0.57 |
| Up Capture | -54% | -13% | -5% | 23% | 38% | 4% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 8 | 16 | 22 | 48 | 59 | 59 |
| Down Capture | 336% | 200% | 217% | 172% | 116% | 65% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 14 | 27 | 41 | 74 | 78 | 78 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ORIO | |
|---|---|---|---|---|
| ORIO | -36.1% | 49.4% | -1.37 | - |
| Sector ETF (XLK) | 43.7% | 25.9% | 1.36 | 28.5% |
| Equity (SPY) | 23.3% | 12.8% | 1.36 | 32.3% |
| Gold (GLD) | 28.5% | 28.4% | 0.87 | 28.9% |
| Commodities (DBC) | 32.9% | 19.8% | 1.32 | 3.6% |
| Real Estate (VNQ) | 14.2% | 13.8% | 0.72 | 7.3% |
| Bitcoin (BTCUSD) | -44.2% | 42.9% | -1.23 | 40.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ORIO | |
|---|---|---|---|---|
| ORIO | -8.5% | 49.4% | -1.37 | - |
| Sector ETF (XLK) | 20.5% | 25.8% | 0.71 | 28.5% |
| Equity (SPY) | 13.5% | 17.2% | 0.61 | 32.3% |
| Gold (GLD) | 18.6% | 18.6% | 0.81 | 28.9% |
| Commodities (DBC) | 8.2% | 19.6% | 0.31 | 3.6% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 7.3% |
| Bitcoin (BTCUSD) | 8.8% | 53.0% | 0.35 | 40.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ORIO | |
|---|---|---|---|---|
| ORIO | -4.4% | 49.4% | -1.37 | - |
| Sector ETF (XLK) | 24.6% | 24.9% | 0.89 | 28.5% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 32.3% |
| Gold (GLD) | 12.1% | 16.2% | 0.61 | 28.9% |
| Commodities (DBC) | 7.4% | 18.0% | 0.33 | 3.6% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.20 | 7.3% |
| Bitcoin (BTCUSD) | 58.2% | 66.2% | 0.98 | 40.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 6-K |
| 12/31/2025 | 04/30/2026 | 20-F |
| 09/30/2025 | 11/07/2025 | 6-K |
| 06/30/2025 | 08/07/2025 | 6-K |
| 03/31/2025 | 05/08/2025 | 6-K |
| 12/31/2024 | 04/29/2025 | 20-F |
| 09/30/2024 | 11/06/2024 | 6-K |
| 06/30/2024 | 08/08/2024 | 6-K |
| 03/31/2024 | 05/09/2024 | 6-K |
| 12/31/2023 | 04/30/2024 | 20-F |
| 09/30/2023 | 11/09/2023 | 6-K |
| 06/30/2023 | 08/10/2023 | 6-K |
| 03/31/2023 | 05/11/2023 | 6-K |
| 12/31/2022 | 03/23/2023 | 20-F |
| 09/30/2022 | 11/10/2022 | 6-K |
| 06/30/2022 | 08/11/2022 | 6-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 6-K |
| 12/31/2025 | 04/30/2026 | 20-F |
| 09/30/2025 | 11/07/2025 | 6-K |
| 06/30/2025 | 08/07/2025 | 6-K |
| 03/31/2025 | 05/08/2025 | 6-K |
| 12/31/2024 | 04/29/2025 | 20-F |
| 09/30/2024 | 11/06/2024 | 6-K |
| 06/30/2024 | 08/08/2024 | 6-K |
| 03/31/2024 | 05/09/2024 | 6-K |
| 12/31/2023 | 04/30/2024 | 20-F |
| 09/30/2023 | 11/09/2023 | 6-K |
| 06/30/2023 | 08/10/2023 | 6-K |
| 03/31/2023 | 05/11/2023 | 6-K |
| 12/31/2022 | 03/23/2023 | 20-F |
| 09/30/2022 | 11/10/2022 | 6-K |
| 06/30/2022 | 08/11/2022 | 6-K |
| 03/31/2022 | 05/12/2022 | 6-K |
| 12/31/2021 | 03/23/2022 | 40-F |
| 09/30/2021 | 11/10/2021 | 6-K |
| 06/30/2021 | 08/11/2021 | 6-K |
| 03/31/2021 | 05/13/2021 | 6-K |
| 12/31/2020 | 03/26/2021 | 40-F |
| 09/30/2020 | 11/10/2020 | 6-K |
| 06/30/2020 | 08/11/2020 | 6-K |
| 03/31/2020 | 06/04/2020 | 6-K |
| 12/31/2019 | 05/28/2020 | 20-F |
| 09/30/2019 | 11/07/2019 | 6-K |
| 06/30/2019 | 08/15/2019 | 6-K |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Systems Software Resources |
| CNET |
| ZDNet |
| Gartner |
| Software Development Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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