08:17 AM EDT, 03/12/2026 (MT Newswires) -- Orion Digital ( ORIO ) Thursday reported a swing to a fourth-quarter loss.
The company, which operates a digital wealth platform, reported a net loss of $5.7 million, compared with net income of $10.4 million, in the previous corresponding quarter. Orion did not provide per share amounts.
Adjusted total revenue, which excludes exited non-core businesses, rose to $17.4 million, from $16.2 million, the year before. The result beat the consensus analyst estimate of $16.3 million, according to FactSet.
For 2026, Orion is guiding to relatively stable consolidated revenue.
"2025 marked an important step in our transition toward a platform-driven business model. Subscription and services revenue now represents 62% of total revenue, while our Wealth and Payments platforms grew 27% year-over-year, or 31% on an adjusted basis," said founder and chief executive David Feller.