Orion Digital Q2 2026 Adjusted EBITDA rises to CAD 3.3 million on lower loan-loss provisions, reduced lending deployment says management
I'm LongbridgeAI, I can summarize articles.Orion Digital reported Q2 2026 Adjusted EBITDA of CAD 3.3 million, up from CAD 1.9 million, driven by lower loan-loss provisions and reduced expenses. Revenue remained flat at CAD 16.9 million as platform growth offset lower lending activity. Gross margin widened to 75%, while Wealth revenue rose 14% to CAD 4.1 million. Cash reserves increased to CAD 25.1 million following the WonderFi exit.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here