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 metricsOperating margin changed -1.9 percentage points from the prior annual period.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Operating margin compressed
Operating margin changed -1.9 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.
- 5 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 +121.3% 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 was positive
Latest reported free cash flow was $58M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2022-12-31.
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- Prepared Food And Beverage Solutions$2.08B54.8%+34.6% yoy
- Protein Solutions$1.72B45.2%+917.3% yoy
Members sum to the consolidated $3.8B for this period.
- Outside the United States$2.36B62.1%+201.0% yoy
- United States$1.44B37.9%+54.3% yoy
Members sum to the consolidated $3.8B for this period.
- Prepared Food And Beverage Solutions$476M50.9%0.0% yoy
- Protein Solutions$460M49.1%+21.7% 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 4,122 US-listed filers · 817 in Technology| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $3.8B | 76thof 3,301 top third | 79thof 778 top third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 121.3% | 95thof 3,135 top third | 95thof 743 top third |
Operating margin operating income ÷ revenue | 5.0% | 56thof 2,819 middle third | 57thof 752 middle third |
Net margin net income ÷ revenue | -1.3% | 40thof 3,263 middle third | 43rdof 770 middle third |
Return on equity net income ÷ stockholders' equity (positive equity only) | -1.1% | 41stof 3,577 middle third | 42ndof 720 middle third |
Interest coverage operating income ÷ interest expense (interest expense > 0) | 1.7× | 52ndof 819 middle third | 46thof 195 middle third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 0.6% | 81stof 2,895 top third | 90thof 729 top third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 43 days | 59thof 2,398 middle third | 73rdof 712 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 · 52 changed periods, 30 largest shown| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Receivables AccountsReceivableNetCurrent | balance at 2022-12-31 | $299M 10-K 2023-02-23 | $201M 10-K 2024-02-23 | -32.9% | first · latest · 5 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2023-03-31 | $40M 10-Q 2023-04-26 | $28.4M 10-Q 2024-05-02 | -29.0% | first · latest |
| Interest expense InterestExpense | fiscal year 2021-12-31 | $8.7M 10-K 2022-02-24 | $11.2M 10-K 2024-02-23 | +28.7% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2022-09-30 | $555M 10-Q 2022-10-28 | $399M 10-K 2024-02-23 | -28.2% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2022-06-30 | $542M 10-Q 2022-07-29 | $394M 10-K 2024-02-23 | -27.4% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2023-03-31 | $530M 10-Q 2023-04-26 | $389M 10-Q 2024-05-02 | -26.6% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | fiscal year 2022-12-31 | $2.17B 10-K 2023-02-23 | $1.59B 10-K 2025-02-28 | -26.6% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | fiscal year 2021-12-31 | $1.87B 10-K 2022-02-24 | $1.4B 10-K 2024-02-23 | -25.0% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | quarter 2022-09-30 | $45.9M 10-Q 2022-10-28 | $34.8M 10-Q 2023-10-27 | -24.2% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2022-06-30 | $42.2M 10-Q 2022-07-29 | $32M 10-Q 2023-08-03 | -24.2% | first · latest |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2022-03-31 | $469M 10-Q 2022-04-29 | $356M 10-K 2024-02-23 | -24.1% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | fiscal year 2021-12-31 | $160M 10-K 2022-02-24 | $126M 10-K 2024-02-23 | -21.6% | first · latest · 3 filings carry it |
| Operating income OperatingIncomeLoss | fiscal year 2022-12-31 | $168M 10-K 2023-02-23 | $133M 10-K 2025-02-28 | -21.3% | first · latest · 3 filings carry it |
| Stock-based compensation ShareBasedCompensation | fiscal year 2021-12-31 | $6.5M 10-K 2022-02-24 | $5.5M 10-K 2024-02-23 | -15.4% | first · latest · 3 filings carry it |
| Interest expense InterestExpense | fiscal year 2022-12-31 | $14.2M 10-K 2023-02-23 | $16.3M 10-K 2025-02-28 | +14.8% | first · latest · 3 filings carry it |
| Stock-based compensation ShareBasedCompensation | fiscal year 2022-12-31 | $10.2M 10-K 2023-02-23 | $8.9M 10-K 2025-02-28 | -12.8% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2023-09-30 | $404M 10-Q 2023-10-27 | $454M 10-Q 2025-11-04 | +12.4% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | quarter 2025-06-30 | $3.4M 10-Q 2025-08-07 | $3M 10-Q 2026-08-05 | -11.8% | first · latest |
| Stock-based compensation ShareBasedCompensation | quarter 2023-03-31 | $2.6M 10-Q 2023-04-26 | $2.3M 10-Q 2024-05-02 | -11.5% | first · latest |
| Capital expenditure PaymentsToAcquireProductiveAssets | quarter 2023-03-31 | $17.9M 10-Q 2023-04-26 | $16.3M 10-Q 2024-05-02 | -8.9% | first · latest |
| Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | balance at 2020-12-31 | $47.5M 10-K 2021-02-25 | $44.3M 10-K 2024-02-23 | -6.7% | first · latest · 10 filings carry it |
| Net income NetIncomeLoss | quarter 2023-03-31 | $25.6M 10-Q 2023-04-26 | $27.2M 10-Q 2024-05-02 | +6.3% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | quarter 2022-09-30 | $34.2M 10-Q 2022-10-28 | $36.3M 10-K 2024-02-23 | +6.1% | first · latest · 3 filings carry it |
| Revenue RevenueFromContractWithCustomerExcludingAssessedTax | quarter 2023-06-30 | $428M 10-Q 2023-08-03 | $402M 10-Q 2025-08-07 | -5.9% | first · latest · 4 filings carry it |
| Net income NetIncomeLoss | quarter 2023-09-30 | $468M 10-Q 2023-10-27 | $442M 10-Q 2024-10-23 | -5.6% | first · latest · 3 filings carry it |
| Goodwill Goodwill | balance at 2021-12-31 | $685M 10-K 2022-02-24 | $647M 10-K 2024-02-23 | -5.6% | first · latest · 6 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2020-12-31 | $637M 10-K 2021-02-25 | $672M 10-K 2024-02-23 | +5.5% | first · latest · 10 filings carry it |
| Net income NetIncomeLoss | quarter 2023-06-30 | $31M 10-Q 2023-08-03 | $32.7M 10-Q 2024-07-31 | +5.5% | first · latest · 3 filings carry it |
| Net income NetIncomeLoss | fiscal year 2022-12-31 | $131M 10-K 2023-02-23 | $137M 10-K 2025-02-28 | +5.1% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2023-06-30 | $921M 10-Q 2023-08-03 | $967M 10-Q 2024-10-23 | +5.0% | 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 JBTM 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.