Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Mixed evidenceCoverage 5/5 core metricsDebt/equity is shown as not meaningful rather than as a negative leverage ratio.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Shareholders' equity was non-positive
Debt/equity is shown as not meaningful rather than as a negative leverage ratio.
Why this surfaced
Same-period reported shareholders' equity was zero or negative; review the balance sheet and capital structure. Period end 2025-12-31.
- 3 filing risk checks flagged
Flagged areas: Earnings quality, Solvency & liquidity, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +7.1% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.
- Operating margin improved
Operating margin changed +24.0 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.
- Free cash flow turned positive
Latest reported free cash flow was $39M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Earnings quality
- Solvency & liquidity
- Dilution
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2025-12-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Digital Revenue$134Mshare n/a+7.2% yoy
- Digital Advertising$86.9Mshare n/a-6.5% yoy
- Performance Marketing$19.6Mshare n/a+79.7% yoy
- Publisher Revenue$19.5Mshare n/a+146.3% yoy
- Digital Subscriptions$5.85Mshare n/a-25.0% yoy
- Product And Service Other$1.88Mshare n/a-63.7% yoy
- Print Revenue$1.02Mshare n/a-4.8% yoy
member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.
- United States$128M94.8%+7.8% yoy
- Outside the United States$7.07M5.2%-4.7% yoy
Members sum to the consolidated $135M for this period.
- Digital Revenue$20.1Mshare n/a-36.3% yoy
- Digital Advertising$11.4Mshare n/a-47.9% yoy
- Publisher Revenue$4.25Mshare n/a+37.8% yoy
- Performance Marketing$2.51Mshare n/a-47.6% yoy
- Product And Service Other$1.21Mshare n/a+390.2% yoy
- Digital Subscriptions$817Kshare n/a-51.1% yoy
- +1 more member in the filing
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2025-12-31 · among 4,122 US-listed filers · 130 in Communication| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $135M | 30thof 3,301 bottom third | 23rdof 124 bottom third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 7.1% | 53rdof 3,135 middle third | 60thof 119 middle third |
Gross margin gross profit ÷ revenue | 50.7% | 67thof 1,603 top third | 66thof 22 middle third |
Operating margin operating income ÷ revenue | 30.3% | 93rdof 2,819 top third | 98thof 117 top third |
Net margin net income ÷ revenue | 92.6% | 96thof 3,263 top third | 98thof 122 top third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 29.1% | 90thof 2,679 top third | 96thof 105 top third |
Interest coverage operating income ÷ interest expense (interest expense > 0) | 3.6× | 66thof 819 middle third | 84thof 40 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 0.4% | 91stof 2,895 top third | 93rdof 110 top third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 60 days | 36thof 2,398 middle third | 28thof 107 bottom third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | 2.2× | 49thof 1,547 middle third | 68thof 63 top third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
Not available for AREN yet: Earnings-quality fields arrive with this issuer's next re-crawl (sec_screen_v6)..
Point-in-time ledger
Not available for AREN yet: The point-in-time ledger arrives with this issuer's next re-crawl (sec_screen_v6)..
Notes by disclosure type
Not available for AREN yet: no footnote text blocks on file for this filer in the ingested DERA files.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.