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 metricsLatest reported free cash flow was -$60M.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Free cash flow was negative
Latest reported free cash flow was -$60M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2021-12-31.
- 4 filing risk checks flagged
Flagged areas: Solvency & liquidity, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue expanded
Latest reported annual revenue changed +40.5% 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 +46.0 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.
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
- 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- Reportable Segment$146M100.0%+40.5% yoy
Members sum to the consolidated $146M for this period.
- Subscription And Circulation$83.8Mshare n/a+28.9% yoy
- Service$29.4Mshare n/a+25.2% yoy
- Saa S Maintenance And Other$29.4Mshare n/a+25.2% yoy
- Product$21.6Mshare n/a+234.7% yoy
- License Fee And Other Revenue$11.1Mshare n/a+24.4% yoy
- License Fee$8.07Mshare n/a+12.4% yoy
- Professional Services And Other Revenue$2.98Mshare n/a+74.5% yoy
member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.
- United States$141M96.4%+40.7% yoy
- Outside the United States$5.25M3.6%+35.7% yoy
Members sum to the consolidated $146M for this period.
- Reportable Segment$46.3M100.0%+44.7% 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 4,058 US-listed filers · 814 in Technology| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $146M | 31stof 3,301 bottom third | 28thof 777 bottom third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 40.5% | 89thof 3,137 top third | 88thof 743 top third |
Gross margin gross profit ÷ revenue | 51.6% | 67thof 1,603 top third | 60thof 554 middle third |
Operating margin operating income ÷ revenue | -33.2% | 23rdof 2,819 bottom third | 19thof 751 bottom third |
Net margin net income ÷ revenue | -22.7% | 24thof 3,263 bottom third | 23rdof 769 bottom third |
Return on equity net income ÷ stockholders' equity (positive equity only) | -27.8% | 25thof 3,577 bottom third | 21stof 719 bottom third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 14.5% | 20thof 2,895 bottom third | 21stof 728 bottom third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 77 days | 21stof 2,398 bottom third | 30thof 711 bottom third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | -1.1× | 90thof 1,547 top third | 90thof 338 top third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -18.1% | 91stof 2,770 top third | 86thof 564 top third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | 20.3% | 27thof 2,345 bottom third | 28thof 494 bottom 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 · 123 changed periods, 30 largest shown| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Stockholders' equity StockholdersEquity | balance at 2020-06-30 | $23K 10-Q 2021-08-16 | -$69.8M 10-Q 2021-11-15 | -303608.7% | first · latest |
| Stockholders' equity StockholdersEquity | balance at 2020-03-31 | $23K 10-Q 2021-05-24 | -$64.8M 10-Q 2021-11-15 | -281691.3% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | quarter 2020-06-30 | -$2K 10-Q 2021-08-16 | -$5.1M 10-Q 2021-11-15 | -255100.0% | first · latest |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2021-06-30 | $181K 10-Q 2021-08-16 | $9.96M 10-Q 2022-08-18 | +5404.4% | first · latest |
| Net income NetIncomeLoss | quarter 2020-09-30 | -$119K 10-Q 2020-11-16 | -$6.26M 10-Q 2021-11-15 | -5162.2% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2020-09-30 | -$145K 10-Q 2020-11-16 | -$6.18M 10-Q 2021-11-15 | -4160.7% | first · latest |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2021-03-31 | $579K 10-Q 2021-05-24 | $22.1M 10-Q/A 2022-05-16 | +3720.7% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2021-06-30 | $5M 10-Q 2021-08-16 | -$119M 10-Q 2022-11-09 | -2484.5% | first · latest · 4 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2021-03-31 | $5M 10-Q 2021-05-24 | -$97.5M 10-Q 2022-11-09 | -2050.7% | first · latest · 7 filings carry it |
| Capital expenditure PaymentsToAcquirePropertyPlantAndEquipment | quarter 2022-03-31 | $323K 10-Q 2022-05-13 | $6.69M 10-Q 2022-08-18 | +1970.9% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-12-31 | $5M 10-K 2021-03-25 | -$84.8M 10-K 2023-03-24 | -1796.1% | first · latest · 11 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-09-30 | $5M 10-Q 2020-11-16 | -$75.3M 10-Q 2021-11-15 | -1606.4% | first · latest |
| Operating cash flow NetCashProvidedByUsedInOperatingActivities | quarter 2021-03-31 | -$749K 10-Q 2021-05-24 | -$12.4M 10-K 2023-03-24 | -1560.8% | first · latest · 6 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2021-03-31 | -$1.46M 10-Q 2021-05-24 | -$8.95M 10-K 2023-03-24 | -515.2% | first · latest · 6 filings carry it |
| Total liabilities Liabilities | balance at 2020-12-31 | $6.8M 10-K 2021-03-25 | $30.7M 10-K 2023-03-24 | +351.5% | first · latest · 9 filings carry it |
| Capital expenditure PaymentsToAcquirePropertyPlantAndEquipment | fiscal year 2021-12-31 | $3.71M 10-K 2022-03-28 | $16.6M 10-Q 2022-08-18 | +346.3% | first · latest |
| Cash CashAndCashEquivalentsAtCarryingValue | balance at 2020-12-31 | $1.33M 10-K 2021-03-25 | $4.7M 10-K 2023-03-24 | +254.2% | first · latest · 9 filings carry it |
| Net income NetIncomeLoss | quarter 2021-03-31 | -$4.08M 10-Q 2021-05-24 | -$13.5M 10-K 2023-03-24 | -230.9% | first · latest · 7 filings carry it |
| Net income NetIncomeLoss | quarter 2021-06-30 | -$7.63M 10-Q 2021-08-16 | -$23M 10-K 2023-03-24 | -201.3% | first · latest · 5 filings carry it |
| Stock-based compensation ShareBasedCompensation | fiscal year 2020-12-31 | $662K 10-K 2022-03-28 | $1.58M 10-Q 2022-11-09 | +138.5% | first · latest · 3 filings carry it |
| Gross profit GrossProfit | quarter 2022-09-30 | $225K 10-Q 2022-11-09 | -$83K 10-K 2025-04-28 | -136.9% | first · latest · 4 filings carry it |
| Total assets Assets | balance at 2020-12-31 | $174M 10-K 2021-03-25 | $21.8M 10-K 2023-03-24 | -87.5% | first · latest · 9 filings carry it |
| Stock-based compensation ShareBasedCompensation | quarter 2021-03-31 | $1.08M 10-Q 2022-05-13 | $309K 10-K 2023-03-24 | -71.4% | first · latest · 5 filings carry it |
| Gross profit GrossProfit | quarter 2021-03-31 | $1.05M 10-Q 2022-05-13 | $449K 10-K 2023-03-24 | -57.2% | first · latest · 5 filings carry it |
| Gross profit GrossProfit | quarter 2022-03-31 | $1.63M 10-Q 2022-05-13 | $897K 10-Q 2023-05-10 | -44.8% | first · latest · 6 filings carry it |
| Gross profit GrossProfit | fiscal year 2021-12-31 | $6.64M 10-K 2022-03-28 | $4.03M 10-K 2023-03-24 | -39.3% | first · latest · 4 filings carry it |
| Gross profit GrossProfit | quarter 2022-06-30 | $553K 10-Q 2022-08-18 | $378K 10-K 2025-04-28 | -31.6% | first · latest · 5 filings carry it |
| Deferred revenue (non-current) ContractWithCustomerLiabilityNoncurrent | balance at 2023-09-30 | $19.5M 10-Q 2023-11-09 | $25.1M 10-K 2025-04-28 | +29.0% | first · latest |
| Interest expense InterestExpense | fiscal year 2020-12-31 | $430K 10-K 2022-03-28 | $316K 10-Q 2022-11-09 | -26.5% | first · latest · 3 filings carry it |
| Stock-based compensation ShareBasedCompensation | quarter 2022-03-31 | $5.19M 10-Q 2022-05-13 | $3.93M 10-Q 2023-05-10 | -24.3% | first · latest · 6 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 EVLV 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.