What stands out
- Most companies in its industry are interface businesses; this one is an attention business
At a glance
- Depends onDownstream position: depends on 8 industries, supplies 5
- ScaleMarket cap is $1.49B, above the global median of $1.18B
- FinancialsAltman Z-Score 2.13: grey zone
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are interface businesses; this one is an attention business
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
1.49BUSDvs all stocks (USD)
Revenue (TTM)
1.37BUSDvs all stocks (USD)
Profit Margin
-25.14%vs Internet Content & Information peers
Beta
2.62xvs all stocks
52-Week Change
-44.50%vs all stocks
Market Capitalization
1.49BUSDvs all stocks (USD)
Enterprise Value
992.78MUSDvs all stocks (USD)
Forward P/E
44.16xvs Internet Content & Information peers
Price to Sales (TTM)
1.10xvs Internet Content & Information peers
Price to Book (MRQ)
1.29xvs Internet Content & Information peers
Enterprise to Revenue
0.7260xvs Internet Content & Information peers
Enterprise to EBITDA
-49.67xvs Internet Content & Information peers
Gross Margin
26.04%vs Internet Content & Information peers
Profit Margin
-25.14%vs Internet Content & Information peers
Operating Margin
-4.60%vs Internet Content & Information peers
Return on Assets (TTM)
-1.82%vs Internet Content & Information peers
Return on Equity (TTM)
-26.31%vs Internet Content & Information peers
Revenue (TTM)
1.37BUSDvs all stocks (USD)
Revenue per Share (TTM)
10.33USDUpdated Sep 28, 2026Quarterly Revenue Growth
-2.80%vs Internet Content & Information peers
Gross Profit (TTM)
334.48MUSDvs all stocks (USD)
EBITDA (TTM)
-19.99MUSDvs all stocks (USD)
Net Income (TTM)
-344.14MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-2.82%vs Internet Content & Information peers
Operating Cash Flow (TTM)
6.07MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
14.63MUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Sep 28, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Internet Content & Information peers
Minority Interest (Equity)
57.82MUSDFY2025 · Dec 31, 2025Revenue
1.38BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
1.06BUSDFY2025 · Dec 31, 2025Gross Profit
322.18MUSDFY2025 · Dec 31, 2025Operating Income
-64.11MUSDvs all stocks (USD)
Pre-tax Income
-389.41MUSDFY2025 · Dec 31, 2025Income Tax Expense
-16.02MUSDFY2025 · Dec 31, 2025Net Income
-373.39MUSDFY2025 · Dec 31, 2025EBIT
-389.35MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-8.21MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
386.29MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
19.17MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
56.00KUSDFY2025 · Dec 31, 2025Net Income from Continuing Operations
-373.39MUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
27.46MUSDFY2025 · Dec 31, 2025Preferred Stock Dividends
207.00KUSDFY2025 · Dec 31, 2025Operating Cash Flow
-332.68MUSDFY2025 · Dec 31, 2025Free Cash Flow
-340.01MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
581.81MUSDFY2025 · Dec 31, 2025Income Tax Paid
24.70MUSDFY2025 · Dec 31, 2025Interest Paid
1.00KUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-373.39MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
35.43MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-28.96MUSDFY2025 · Dec 31, 2025Stock-based Compensation
41.91MUSDFY2025 · Dec 31, 2025Other Non-cash Items
6.89MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-873.00KUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
3.42MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-17.11MUSDFY2025 · Dec 31, 2025Capital Expenditures
-7.32MUSDFY2025 · Dec 31, 2025Net Intangibles (CF)
-10.29MUSDFY2025 · Dec 31, 2025Net Acquisitions
-148.00KUSDFY2025 · Dec 31, 2025Purchase of Investments
-33.17MUSDFY2025 · Dec 31, 2025Sale of Investments
42.54MUSDFY2025 · Dec 31, 2025Other Investing Activity
899.00KUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
2.79MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
0.00USDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
139.00KUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
139.00KUSDFY2025 · Dec 31, 2025Shares Outstanding
135.66MSharesUpdated Sep 28, 2026Float Shares
22.94MSharesUpdated Sep 28, 2026Shares Short
3.73MSharesUpdated Sep 28, 2026Short Ratio
8.10daysvs all stocks
Short % of Shares Outstanding
16.14%vs all stocks
% Held by Insiders
83.10%vs all stocks
% Held by Institutions
23.87%vs all stocks
Total Cash (MRQ)
585.73MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
4.32USDUpdated Sep 28, 2026Total Debt (MRQ)
22.63MUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
0.0185xvs Internet Content & Information peers
Current Ratio (MRQ)
2.63xvs Internet Content & Information peers
Book Value per Share (MRQ)
8.58USDUpdated Sep 28, 2026Total Assets
1.60BUSDvs all stocks (USD)
Total Current Assets
831.23MUSDFY2025 · Dec 31, 2025Total Liabilities
367.24MUSDFY2025 · Dec 31, 2025Total Non-current Assets
764.28MUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
48.62MUSDFY2025 · Dec 31, 2025Total Current Liabilities
318.62MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
581.81MUSDFY2025 · Dec 31, 2025Other Short-term Investments
10.77MUSDFY2025 · Dec 31, 2025Accounts Receivable
176.78MUSDFY2025 · Dec 31, 2025Accounts Payable
136.96MUSDFY2025 · Dec 31, 2025Short-term Debt
9.62MUSDFY2025 · Dec 31, 2025Deferred Revenue
89.99MUSDFY2025 · Dec 31, 2025Other Current Liabilities
2.46MUSDFY2025 · Dec 31, 2025Long-term Debt
14.05MUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
3.74MUSDFY2025 · Dec 31, 2025Common Stock (Book)
13.00KUSDFY2025 · Dec 31, 2025Retained Earnings
-853.12MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
1.23BUSDvs all stocks (USD)
52-Week Low
7.85USDUpdated Sep 28, 202652-Week High
20.01USDUpdated Sep 28, 202652-Week Change
-44.50%vs all stocks
Beta
2.62xvs all stocks
50-Day MA
9.73USDUpdated Sep 28, 2026200-Day MA
11.18USDUpdated Sep 28, 2026Avg 10-Day Volume
404.49KSharesUpdated Sep 28, 2026Avg 30-Day Volume
441.22KSharesUpdated Sep 28, 2026Diluted EPS (TTM)
-2.63USDUpdated Sep 28, 2026Other Income / Expense
-344.41MUSDFY2025 · Dec 31, 2025Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Most companies in its industry are interface businesses; this one is an attention businessSignificant
Industry peers: 70.00Share on the common pattern %: 76.00
Financial Health
Altman Z-Score 2.13: grey zoneSignificant
Altman Z-Score: 2.13
Supply Chain
Downstream position: depends on 8 industries, supplies 5Notable
Outgoing: 5.00Incoming: 8.00
High connectivity hub: 13 industry connectionsNotable
Total Connections: 13.00
Scale
Market cap is $1.49B, above the global median of $1.18BNotable
Market cap (USD): 1,486,036,216Global Median: 1,180,223,658.953
Revenue is $1.37B, above the global median of $548.88MNotable
Revenue (USD): 1,368,064,000Global Median: 548,883,780.48
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