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.
- 2 filing risk checks flagged
Flagged areas: Solvency & liquidity.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Operating margin was stable
Operating margin changed -0.5 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.
- Revenue expanded
Latest reported annual revenue changed +13.1% 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.
- Free cash flow turned positive
Latest reported free cash flow was $32M.
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
- Solvency & liquidity
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- Americas$1.6Bshare n/a+6.6% yoy
- Singapore$189Kshare n/a-18.5% yoy
member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.
- Americas$406M100.0%+8.1% yoy
- Singapore$68K0.0%+88.9% yoy
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 · 817 in Technology| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $1.1B | 57thof 3,301 middle third | 59thof 778 middle third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 13.1% | 68thof 3,135 top third | 60thof 743 middle third |
Operating margin operating income ÷ revenue | 27.3% | 91stof 2,819 top third | 92ndof 752 top third |
Net margin net income ÷ revenue | 1.8% | 48thof 3,263 middle third | 51stof 770 middle third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 2.8% | 43rdof 2,679 middle third | 33rdof 701 bottom third |
Interest coverage operating income ÷ interest expense (interest expense > 0) | 0.8× | 46thof 819 middle third | 43rdof 195 middle third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 2.3% | 50thof 2,895 middle third | 65thof 729 middle third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 119 days | 7thof 2,398 bottom third | 10thof 712 bottom third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | 42.8× | 2ndof 1,547 bottom third | 1stof 338 bottom third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 5.8× | 92ndof 2,183 top third | 89thof 417 top third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -2.2% | 33rdof 3,577 bottom third | 22ndof 722 bottom third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -22.9% | 83rdof 3,059 top third | 83rdof 634 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
latest fiscal year ending 2025-12-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 56 changed periods, 30 largest shown| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Operating income OperatingIncomeLoss | quarter 2022-03-31 | -$3.61M 10-Q 2022-05-10 | $25.7M 10-K 2024-02-26 | +811.8% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | fiscal year 2021-12-31 | -$16.2M 10-K 2022-02-24 | $58.8M 10-K 2024-02-26 | +463.0% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2023-03-31 | $66.2M 10-Q 2023-05-09 | $11M 10-K 2025-02-24 | -83.4% | first · latest · 4 filings carry it |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | fiscal year 2022-12-31 | $1.72B 10-K 2023-02-28 | $709M 10-K 2025-02-24 | -58.7% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | fiscal year 2023-12-31 | $1.43B 10-K 2024-02-26 | $759M 10-K 2026-02-26 | -46.9% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | quarter 2024-09-30 | $392M 10-Q 2024-10-31 | $214M 10-Q 2025-11-06 | -45.5% | first · latest |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | quarter 2024-06-30 | $390M 10-Q 2024-08-07 | $213M 10-Q 2025-08-05 | -45.3% | first · latest |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | quarter 2024-03-31 | $334M 10-Q 2024-05-09 | $185M 10-Q 2025-05-01 | -44.8% | first · latest |
| Receivables AccountsReceivableNetCurrent | balance at 2023-12-31 | $500M 10-K 2024-02-26 | $315M 10-K 2025-02-24 | -37.0% | first · latest · 5 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2024-03-31 | $32.4M 10-Q 2024-05-09 | $43.9M 10-Q 2025-05-01 | +35.5% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2022-09-30 | $61M 10-Q 2022-11-08 | $80.7M 10-K 2024-02-26 | +32.3% | first · latest · 3 filings carry it |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2023-12-31 | $252M 10-K 2024-02-26 | $172M 10-K 2025-02-24 | -31.7% | first · latest · 5 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | fiscal year 2022-12-31 | $254M 10-K 2023-02-28 | $174M 10-K 2025-02-24 | -31.6% | first · latest · 3 filings carry it |
| Receivables AccountsReceivableNetCurrent | balance at 2022-12-31 | $620M 10-K 2023-02-28 | $454M 10-K 2024-02-26 | -26.8% | first · latest · 5 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2023-03-31 | $73M 10-Q 2023-05-09 | $53.4M 10-K 2025-02-24 | -26.8% | first · latest · 4 filings carry it |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | fiscal year 2021-12-31 | $1.52B 10-K 2022-02-24 | $1.13B 10-K 2024-02-26 | -25.8% | first · latest · 3 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2023-06-30 | $71.1M 10-Q 2023-08-07 | $53.5M 10-K 2025-02-24 | -24.7% | first · latest · 4 filings carry it |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | quarter 2023-03-31 | $377M 10-Q 2023-05-09 | $284M 10-Q 2024-05-09 | -24.6% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2023-12-31 | $124M 10-K 2024-02-26 | $95.6M 10-K 2025-02-24 | -23.1% | first · latest |
| Goodwill Goodwill | balance at 2023-12-31 | $657M 10-K 2024-02-26 | $508M 10-K 2025-02-24 | -22.6% | first · latest · 5 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-03-31 | $54.3M 10-Q 2024-05-09 | $42.1M 10-Q 2025-05-01 | -22.5% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | quarter 2023-06-30 | $458M 10-Q 2023-08-07 | $356M 10-Q 2024-08-07 | -22.3% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2023-12-31 | $55.4M 10-K 2024-02-26 | $43.4M 10-K 2025-02-24 | -21.8% | first · latest |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-06-30 | $53.9M 10-Q 2024-08-07 | $42.5M 10-Q 2025-08-05 | -21.1% | first · latest · 3 filings carry it |
| Deferred revenue (current) ContractWithCustomerLiabilityCurrent | balance at 2022-12-31 | $60.4M 10-K 2023-02-28 | $47.9M 10-K 2024-02-26 | -20.7% | first · latest · 5 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2024-06-30 | $56.7M 10-Q 2024-08-07 | $68.4M 10-Q 2025-08-05 | +20.6% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerIncludingAssessedTax | quarter 2022-09-30 | $407M 10-Q 2022-11-08 | $324M 10-Q 2023-11-08 | -20.5% | first · latest |
| Deferred revenue (current) ContractWithCustomerLiabilityCurrent | balance at 2023-12-31 | $50.9M 10-K 2024-02-26 | $40.8M 10-K 2025-02-24 | -19.8% | first · latest · 5 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2024-09-30 | $57.6M 10-Q 2024-10-31 | $46.2M 10-Q 2025-11-06 | -19.7% | first · latest · 3 filings carry it |
| Depreciation and amortization DepreciationDepletionAndAmortization | quarter 2023-09-30 | $57.7M 10-Q 2023-11-08 | $46.5M 10-K 2025-02-24 | -19.4% | first · latest · 4 filings carry it |
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
Not available for CCO 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.