Loading institutional data...
Loading institutional data...
Institutional distribution: ownership decreased -0.54% quarter-over-quarter.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $1.03 today, the market must believe free cash flow compounds -18.1%/yr for a decade (off $39M normalized FCF).
2-stage DCF · 0.05B shares · net debt $87M
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash conversion lags reported earnings — watch accruals. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $39M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 135%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~11.6% on $98M of debt.
Cash vs short-term debt unavailable.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-11 · 7d old
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $134.8M 100.0% | $16.9M 100.0% | $143.6M 100.0% | $13.3M 100.0% | $189.1M 100.0% | $128.0M 100.0% | $53.3M 100.0% | $5.7M 100.0% | $77K 100.0% | — |
| Cost of Revenue | $66.5M 49.3% | $70.2M 415.5% | $88.4M 61.5% | $132.9M 1003.0% | $110.5M 58.4% | $103.1M 80.5% | $47.3M 88.7% | $7.6M 134.1% | $1.6M 2065.9% | — |
| Gross Profit | $68.3M 50.7% | $55.7M 329.8% | $55.3M 38.5% | $88.0M 664.1% | $78.6M 41.6% | $25.0M 19.5% | $6.0M 11.3% | -$1.9M -34.1% | -$1.5M -1965.9% | — |
| Research & Development | — | — | — | — | — | — | — | $1.2M 20.7% | $115K 149.2% | — |
| Selling, General & Admin | $17.1M 12.7% | $30.4M 180.0% | $43.8M 30.5% | $53.5M 403.7% | $55.6M 29.4% | $36.0M 28.1% | $29.5M 55.3% | $10.3M 180.5% | $4.7M 6131.3% | — |
| Total Operating Expenses | $27.6M 20.4% | $47.8M 283.3% | $72.7M 50.6% | $143.9M 1085.8% | $162.9M 86.1% | $96.2M 75.1% | $46.9M 87.8% | $12.1M 211.8% | $4.8M 6280.5% | — |
| Operating Income | $40.8M 30.3% | $7.9M 46.6% | -$17.5M -12.2% | -$55.9M -421.7% | -$84.3M -44.6% | -$71.2M -55.6% | -$40.8M -76.5% | -$14.0M -245.8% | -$6.3M -8246.4% | — |
| Interest Expense | $11.4M 8.4% | $14.7M 86.8% | $18.0M 12.5% | $11.4M 86.2% | $10.4M 5.5% | $16.5M 12.9% | $10.5M 19.6% | $2.5M 44.0% | — | — |
| Interest & Investment Income | — | — | — | — | $6K 0.0% | $381K 0.3% | $14K 0.0% | $22K 0.4% | $411 0.5% | — |
| Other Income (Expense), net | -$11.7M -8.7% | -$15.3M -90.5% | -$19.6M -13.6% | -$12.6M -94.8% | -$7.3M -3.9% | -$17.8M -13.9% | -$17.2M -32.3% | -$12.1M -213.1% | $65K 84.5% | — |
| Pretax Income | $29.1M 21.6% | -$7.4M -43.9% | -$37.0M -25.8% | -$68.5M -516.5% | -$91.6M -48.4% | -$89.0M -69.5% | -$58.0M -108.8% | -$26.2M -458.9% | -$6.3M -8162.0% | — |
| Income Tax Expense | $520K 0.4% | $249K 1.5% | $197K 0.1% | -$1.1M -8.0% | -$1.7M -0.9% | $211K 0.2% | $211K 0.4% | -$92K -1.6% | $0 0.0% | — |
| Net Income | $124.9M 92.6% | -$100.7M -596.2% | -$55.6M -38.7% | -$70.9M -534.7% | -$89.9M -47.6% | -$89.2M -69.7% | -$38.5M -72.2% | -$26.1M -457.3% | -$6.3M -8162.0% | — |
| Per Share | ||||||||||
| EPS (Basic) | $2.63 | $-2.85 | $-2.49 | $-4.02 | $-7.87 | — | — | — | — | — |
| EPS (Diluted) | $2.62 | $-2.85 | $-2.49 | $-4.02 | — | — | — | — | — | — |
| Weighted Avg Shares (Basic) | 47.5M | 35.4M | 22.3M | 17.6M | 11.4M | — | — | — | — | — |
| Weighted Avg Shares (Diluted) | 47.7M | 35.4M | 22.3M | 17.6M | — | — | — | — | 23.4M | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 192 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GOOG | $4.10T | 31.4× | 27.4× | 10.2× | 15.1% | 59.7% | 32.8% | 31.8% | 28.5% | 0.3× | 4,874 |
| META | $1.70T | 28.7× | 16.9× | 8.4× | 22.2% | 82.0% | 30.1% | 27.8% | 21.9% | 0.6× | 4,839 |
| AMX | $1.40T | — | — | — | — | — | — | — | — | — | 318 |
| CHT | $350.5B | — | — | — | — | — | — | — | — | — | 206 |
| NFLX | $322.6B | 30.2× | 24.0× | 7.1× | 15.9% | 48.5% | 24.3% | 41.3% | 26.7% | 1.1× | 3,458 |
| CCZ | $239.2B | 12.0× | 6.4× | 1.9× | -0.0% | — | 16.2% | 20.6% | 19.4% | 0.2× | 1 |
| VZ | $210.3B | 12.3× | 4.3× | 1.5× | 2.5% | — | 12.4% | 16.2% | 16.2% | 0.0× | 3,122 |
| DIS | $203.3B | 15.6× | 10.5× | 2.1× | 3.4% | — | 13.1% | 11.3% | 8.2% | 1.8× | 2,883 |
| TMUS | $195.1B | 18.1× | 8.7× | 2.2× | 8.5% | — | 12.4% | 18.6% | 7.6% | 2.7× | 1,648 |
| T | $185.4B | 8.5× | 6.9× | 1.5× | 2.7% | — | 17.5% | 17.4% | 8.1% | 3.2× | 2,848 |
| VEON | $126.7B | — | — | — | — | — | — | — | — | — | 97 |
| DASH | $84.0B | 92.4× | 54.2× | 6.1× | 27.9% | — | 6.8% | 9.3% | 9.3% | — | 973 |
| WBD | $69.6B | 96.8× | 15.2× | 1.9× | -5.1% | — | 1.9% | 2.0% | 1.1% | 5.1× | 1,259 |
| EA | $52.6B | 59.7× | 36.1× | 7.0× | 0.9% | 79.0% | 11.8% | 13.1% | 13.1% | — | 998 |
| LYV | $40.3B | — | 25.5× | 1.6× | 8.8% | — | 2.0% | 183% | 5.9% | 5.0× | 779 |
| TTWO | $39.3B | — | 426.8× | 5.9× | 18.2% | 57.2% | -4.5% | -8.5% | -4.9% | 26.7× | 1,011 |
| TWLO | $36.4B | 1137.5× | 103.9× | 7.2× | 13.7% | 48.9% | 0.7% | 0.4% | 0.4% | 2.8× | 776 |
| RDDT | $29.4B | 60.1× | 62.1× | 13.3× | 69.4% | 91.2% | 24.1% | 18.1% | 18.1% | — | 765 |
| FOX | $27.3B | 12.1× | — | 1.7× | 16.6% | — | 14.1% | 19.2% | 12.4% | — | 505 |
| OMC | $24.8B | — | 57.9× | 1.4× | 10.1% | 8.5% | -0.3% | -0.5% | -0.3% | 15.8× | 1,083 |
| ROKU | $22.9B | 262.9× | 534.0× | 4.8× | 15.2% | 43.8% | 1.9% | 3.3% | 3.3% | — | 665 |
| FWONA | $21.9B | — | 40.0× | 4.9× | 22.7% | — | 12.4% | 7.2% | 4.3% | 7.9× | 283 |
| NWS | $19.0B | 16.1× | — | 2.3× | 2.4% | — | 14.0% | 13.4% | 11.0% | — | 304 |
| CHTR | $18.2B | 3.7× | 5.4× | 0.3× | -0.6% | — | 9.1% | 31.1% | 4.5% | 4.5× | 760 |
| TKO | $15.6B | 85.2× | 14.0× | 3.3× | -3.1% | — | 4.1% | 5.2% | 2.6% | 2.9× | 616 |
| AREN | $49M | 0.4× | 3.3× | 0.4× | 698% | 50.7% | 92.6% | -2588% | 135% | 2.4× | 55 |
Peers = companies sharing AREN's sector (Communication Services) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
EOD close · as of 2026-09-11
No material risks flagged.
Where each multiple sits in its own 14-yr range · 0th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 134.1 | 88.7 | 80.5 | 58.4 | 1003.0 | 61.5 | 415.5 | 49.3 |
| Gross Profit | -34.1 | 11.3 | 19.5 | 41.6 | 664.1 | 38.5 | 329.8 | 50.7 |
| R&D | 20.7 | — | — | — | — | — | — | — |
| SG&A | 180.5 | 55.3 | 28.1 | 29.4 | 403.7 | 30.5 | 180.0 | 12.7 |
| Operating Income | -245.8 | -76.5 | -55.6 | -44.6 | -421.7 | -12.2 | 46.6 | 30.3 |
| Income Tax | -1.6 | 0.4 | 0.2 | -0.9 | -8.0 | 0.1 | 1.5 | 0.4 |
| Net Income | -457.3 | -72.2 | -69.7 | -47.6 | -534.7 | -38.7 | -596.2 | 92.6 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on AREN: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.