Framework Journal · one stock, one dated entry

Recorded 2025-12-31 · Permanent

Orion Digital Corp ORIO

Outside both standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Orion Digital Corp., a financial technology company, operates digital platforms for wealth and payments in Canada and Europe.

The label
Distribution

read at $0.69

Orion Digital Corp holds its Distribution at $0.69.

PHINPOOPSC
  • PHPhase · the trend structure carries the Distribution label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2025-12-31
PhaseDistribution · caution
Quantitative stateThe statistical read favours the sellers, held for 210 days
Price$0.69
ValuationN/A trailing · -2.86 forward price to earnings
Values screenFAIL · score 70.0
Beta2.84

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Forward P/E-2.9x
Revenue growth-0.3%
revenue is shrinking
Profit margin-6.1%
currently unprofitable
Return on equity-3.6%
not currently earning a positive return on equity
Debt to equity1.26
a meaningful debt load worth watching
Current ratio5.19
comfortably covers its short-term bills
Beta2.84
much more volatile than the market
Market cap$16M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; it already moves more than the market on an average day; its business and earnings are exposed to Canada and to currency swings.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in ORIO's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 29%. Our forward projection puts the odds of a 10% gain over the next month near 29%. The street (1 analysts) rates it none, with a mean price target of $4. Entered 2026-07-18 · Markdown

The dated journal · newest first, never edited

2026-07-18 Markdown $0.84 +0.0% Entry 3

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 29%. Our forward projection puts the odds of a 10% gain over the next month near 29%. The street (1 analysts) rates it none, with a mean price target of $4.

2026-07-03 Markdown $0.84 +0.0% Entry 2

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

2026-07-02 Markdown $0.84 Entry 1

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $0.98 -7.0% · $930 -7.0%
2 months $1.00 -8.9% · $911 -8.9%
3 months $1.08 -15.6% · $844 -15.6%
6 months $1.16 -21.4% · $786 -21.4%
1 year $1.28 -28.8% · $712 -28.8%
2 years $1.60 -43.0% · $570 -43.0%
3 years $2.16 -57.8% · $422 -57.8%
5 years $21.45 -95.8% · $43 -95.8%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever ORIO does next, these words stay.

Orion Digital Corp · ORIO · Distribution · $0.69
Recorded 2025-12-31 · before the outcome · scored mechanically

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