ACCESS Newswire (ACCS)
Market Price (9/27/2026): $0 | Market Cap: $-Sector: Communication Services | Industry: Advertising
ACCESS Newswire (ACCS)
Market Price (9/27/2026): $0Market Cap: $-Sector: Communication ServicesIndustry: Advertising
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -46% Megatrend and thematic driversMegatrends include Digital Content & Streaming. Themes include Press Release & News Distribution. | Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -127% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.7% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.3%, Rev Chg QQuarterly Revenue Change % is -0.1% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% Key risksACCS key risks include [1] severe reputational damage and customer churn stemming from poor service and billing practices, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -46% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming. Themes include Press Release & News Distribution. |
| Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -127% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -1.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.7% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.3%, Rev Chg QQuarterly Revenue Change % is -0.1% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% |
| Key risksACCS key risks include [1] severe reputational damage and customer churn stemming from poor service and billing practices, Show more. |
Qualitative Assessment
AI Analysis | Feedback
ACCESS Newswire (ACCS) stock has lost about 25% since 5/31/2026 because of the following key factors:
1. Deteriorating Q2 2026 Financial Performance and Widening Losses. ACCESS Newswire reported flat revenue of $5.62 million in fiscal Q2 2026 (ended June 30, 2026) compared to Q2 2025. However, the company experienced a widening net loss from continuing operations, increasing to $354.0k in fiscal Q2 2026 from $239.0k in fiscal Q2 2025, and a total net loss of $0.5 million, similar to the prior-year loss. Additionally, gross margin declined due to increased distribution and delivery costs.
2. Significant Negative Revisions to Fiscal Year 2026 Financial Forecasts. Analyst consensus for ACCESS Newswire's fiscal year 2026 earnings per share (EPS) has drastically fallen by 583%. The revenue forecast for fiscal year 2026 was also decreased from $23.8 million to $22.4 million. Analysts now anticipate losses to increase from $0.06 per share to $0.41 per share, reflecting a substantially more pessimistic outlook for the company's future profitability.
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ACCESS Newswire (ACCS) stock has lost about 25% since 5/31/2026 because of the following key factors:
1. Deteriorating Q2 2026 Financial Performance and Widening Losses. ACCESS Newswire reported flat revenue of $5.62 million in fiscal Q2 2026 (ended June 30, 2026) compared to Q2 2025. However, the company experienced a widening net loss from continuing operations, increasing to $354.0k in fiscal Q2 2026 from $239.0k in fiscal Q2 2025, and a total net loss of $0.5 million, similar to the prior-year loss. Additionally, gross margin declined due to increased distribution and delivery costs.
2. Significant Negative Revisions to Fiscal Year 2026 Financial Forecasts. Analyst consensus for ACCESS Newswire's fiscal year 2026 earnings per share (EPS) has drastically fallen by 583%. The revenue forecast for fiscal year 2026 was also decreased from $23.8 million to $22.4 million. Analysts now anticipate losses to increase from $0.06 per share to $0.41 per share, reflecting a substantially more pessimistic outlook for the company's future profitability.
3. Consistent Underperformance Relative to Industry and Broader Market. ACCESS Newswire's stock has underperformed both its industry and the broader market. Over the past year, ACCS underperformed the US Software industry, which returned -9.3%, and significantly underperformed the US Market, which saw an 11.7% return. This suggests company-specific challenges contributing to its decline beyond general market trends.
4. Long-Term Decline in Earnings Per Share. The company has demonstrated a sustained negative trend in its earnings performance, with earnings per share declining by an average of 25% per year over the last three years and by 61% per year over the past five years. This long-term pattern of falling earnings is identified as a major risk, eroding investor confidence and contributing to the stock's downward trajectory.
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Stock Movement Drivers
Fundamental Drivers
The -25.9% change in ACCS stock from 5/31/2026 to 9/26/2026 was primarily driven by a -25.8% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9262026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.46 | 4.79 | -25.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22 | 22 | 0.0% |
| P/S Multiple | 1.1 | 0.8 | -25.8% |
| Shares Outstanding (Mil) | 4 | 4 | -0.1% |
| Cumulative Contribution | -25.9% |
Market Drivers
5/31/2026 to 9/26/2026| Return | Correlation | |
|---|---|---|
| ACCS | -25.9% | |
| Market (SPY) | 2.2% | 6.1% |
| Sector (XLC) | -2.1% | 3.9% |
Fundamental Drivers
The -33.1% change in ACCS stock from 2/28/2026 to 9/26/2026 was primarily driven by a -32.7% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9262026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.16 | 4.79 | -33.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23 | 22 | -0.8% |
| P/S Multiple | 1.2 | 0.8 | -32.7% |
| Shares Outstanding (Mil) | 4 | 4 | 0.2% |
| Cumulative Contribution | -33.1% |
Market Drivers
2/28/2026 to 9/26/2026| Return | Correlation | |
|---|---|---|
| ACCS | -33.1% | |
| Market (SPY) | 13.0% | -7.5% |
| Sector (XLC) | -3.8% | -1.0% |
Fundamental Drivers
The -56.5% change in ACCS stock from 8/31/2025 to 9/26/2026 was primarily driven by a -56.2% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9262026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.00 | 4.79 | -56.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23 | 22 | -0.4% |
| P/S Multiple | 1.9 | 0.8 | -56.2% |
| Shares Outstanding (Mil) | 4 | 4 | -0.2% |
| Cumulative Contribution | -56.5% |
Market Drivers
8/31/2025 to 9/26/2026| Return | Correlation | |
|---|---|---|
| ACCS | -56.5% | |
| Market (SPY) | 20.9% | -3.8% |
| Sector (XLC) | 2.7% | -4.0% |
Fundamental Drivers
nullnull
Market Drivers
8/31/2023 to 9/26/2026| Return | Correlation | |
|---|---|---|
| ACCS | ||
| Market (SPY) | 77.8% | -2.4% |
| Sector (XLC) | 72.5% | -2.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ACCS Return | - | - | - | - | -5% | -49% | -51% |
| Peers Return | -9% | -44% | 14% | 60% | -15% | -36% | -50% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| ACCS Win Rate | - | - | - | - | 33% | 33% | |
| Peers Win Rate | 36% | 33% | 53% | 61% | 33% | 33% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| ACCS Max Drawdown | - | - | - | - | - | -56% | |
| Peers Max Drawdown | -58% | -59% | -43% | -27% | -52% | -50% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: QNST, IZEA, TTD.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/25/2026 (YTD)
How Low Can It Go
| Event | ACCS | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -16.5% | -18.8% |
| % Gain to Breakeven | 19.8% | 23.1% |
| Time to Breakeven | 42 days | 79 days |
In The Past
ACCESS Newswire's stock fell -16.5% during the 2025 US Tariff Shock. Such a loss loss requires a 19.8% gain to breakeven.
Preserve Wealth
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Asset Allocation
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In The Past
ACCESS Newswire's stock fell -16.5% during the 2025 US Tariff Shock. Such a loss loss requires a 19.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About ACCESS Newswire (ACCS)
ACCESS Newswire, officially known as Issuer Direct Corporation and trading under the symbol ACCS, specializes in providing comprehensive shareholder communications, compliance platforms, and related services. The company helps public and private entities manage their interactions with investors, meet regulatory obligations, and distribute critical information. A core offering is ACCESSWIRE, a prominent service for news dissemination and media outreach, enabling clients to effectively broadcast their messages to stakeholders and the broader market.
Beyond its news distribution capabilities, Issuer Direct offers a suite of integrated solutions. Its Platform id. manages key corporate functions such as secure whistleblower hotlines, real-time proxy voting for shareholders, and a cloud-based stock transfer module for efficient shareholder record management. The VisualWebcaster Platform facilitates live and on-demand streaming for webcasts, webinars, and virtual meetings. Additionally, the company provides an investor relations content network, supplying essential data feeds, and professional conference and event software, including mobile applications for managing one-on-one meetings and event logistics.
Issuer Direct Corporation serves a diverse client base across various sectors. Its primary customers include individuals, corporate issuers (both public and private), law firms, brokerage firms, investment banks, and mutual funds. The company also caters to professional service providers such as investor relations and public relations firms, as well as the accounting and legal communities. Essentially, Issuer Direct acts as a crucial partner for organizations seeking to streamline their communication strategies, ensure regulatory adherence, and efficiently execute corporate events globally.
```AI Analysis | Feedback
1. Issuer Direct is like a Cision (owner of PR Newswire) that also provides integrated platforms for investor relations, corporate governance, and virtual event management for public companies.
2. Think of it as a comprehensive 'operating system' for public company communications and compliance, handling everything from distributing news (like PR Newswire) to managing shareholder relations and investor webcasts.
AI Analysis | Feedback
- Platform id.: A platform for managing and distributing customer messages to various audiences including investors and regulatory systems.
- Whistleblower Hotline: Provides secure notification and incident workflow management for corporate governance.
- Proxy Module: A real-time voting platform for companies and their shareholders.
- Stock Transfer Module: A cloud-based platform for managing shareholder information, stock ledgers, and issuing new shares.
- ACCESSWIRE: A service for news dissemination and media outreach.
- VisualWebcaster Platform: A cloud-based platform for live and on-demand webcasts, webinars, and virtual meetings.
- Investor Relations Content Network: Offers data feeds including news, stock, fundamentals, and regulatory filings for investor relations.
- Professional Conference and Events Software: A mobile application assisting with event management, meeting scheduling, and logistics for conferences.
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ACCESS Newswire (ACCS) is a service provided by Issuer Direct Corporation, which primarily serves other companies and professional organizations. The major categories of customers for ACCS are:
- Corporate Issuers: This includes both public and private companies that utilize ACCS's platforms and services for shareholder communications, regulatory compliance, news dissemination, and event management.
- Financial Institutions: ACCS serves a range of financial entities, including brokerage firms, investment banks, and mutual funds.
- Professional Services Firms: This broad category includes law firms, accounting firms, investor relations (IR) firms, and public relations (PR) firms, all of whom leverage ACCS's offerings for their clients or internal operations.
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Brian Balbirnie, Chief Executive Officer, Founder, and Chairman of the Board
Brian Balbirnie established Issuer Direct (now ACCESS Newswire Inc.) in 2006 with the vision of creating a technology-driven back-office compliance platform to reduce costs and increase efficiency for complex tasks. He is responsible for the strategic leadership and day-to-day operations of the company, which has grown to serve thousands of public and private companies under his direction. Balbirnie is an entrepreneur with over 20 years of experience in emerging industries and was named one of the Top 10 Inspiring CEOs of 2023 by C Level Focus Magazine. His previous experience includes serving as Vice Chairman at HealthPure, Inc. from September 2014 to April 2016 and as Managing Partner at The Catapult Company from 2004 to 2006.
Steven Knerr, Chief Financial Officer
Steven Knerr was appointed Chief Financial Officer of ACCESS Newswire Inc. (formerly Issuer Direct Corporation) effective September 16, 2024. He has held various financial roles within the company since August 2013, including serving as Controller from August 2013 to May 2015, interim CFO from May 2015 to November 2015, Chief Financial Officer from November 2015 to January 2022, and Vice President of Finance and Controller from January 2022 to March 2024. He also served as interim CFO from March 9, 2024, until his current appointment.
Jennifer Hammers, EVP Sales & Marketing
Jennifer Hammers serves as the Executive Vice President of Sales & Marketing for ACCESS Newswire Inc.
Mark Lloyd, Chief Technology Officer
Mark Lloyd is the Chief Technology Officer at ACCESS Newswire Inc.
Bernadette Lee, Vice President Distribution
Bernadette Lee holds the position of Vice President Distribution at ACCESS Newswire Inc.
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Here are the key risks to ACCESS Newswire Inc.'s business:
- Execution Risk of Business Model Transition and Platform Adoption: ACCESS Newswire Inc. (formerly Issuer Direct Corporation) is undergoing a significant strategic pivot to a pure Software-as-a-Service (SaaS) subscription model. The primary risk lies in successfully executing this full business model transition and achieving widespread platform adoption, particularly in converting one-time transactional customers into recurring monthly subscribers.
- Intense Competition from Established Providers: The company operates in a highly competitive market for public relations and investor relations solutions, which is dominated by three major, legacy players: Cision Ltd. (PR Newswire), Business Wire (Berkshire Hathaway), and GlobeNewswire Inc. ACCESS Newswire Inc. holds a smaller market share and aims to challenge these established competitors, which could lead to aggressive pricing strategies and efforts to protect market share by the larger players.
- Financial Performance During Transition: The ongoing business model transformation has led to financial pressures, including sustained net losses during the transition period, such as a reported net loss of $45,000 in Q3 2025. Additionally, the company recorded a significant operating loss in Q4 2024, primarily due to a $14.15 million impairment loss related to the Newswire tradename revaluation.
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AI Analysis | Feedback
For Issuer Direct Corporation (symbol: ACCS), the addressable markets for its main products and services are as follows:
-
ACCESSWIRE (News Dissemination and Media Outreach Service):
The global Press Release Distribution Services Market was valued at approximately USD 1.2 billion in 2023 and is projected to reach around USD 2.5 billion by 2032.
-
VisualWebcaster Platform (Cloud-based Webcast, Webinar, and Virtual Meeting Platform):
The global Webinar and Webcast Market was valued at USD 1.14 billion in 2025 and is projected to exceed USD 2.37 billion by 2035. Another estimate places the global webinar and webcast market size at USD 1.22 billion in 2026.
-
Platform id., Proxy Module, Stock Transfer Module, and Investor Relations Content Network (grouped as Investor Relations & Shareholder Services):
The global Investor Relations Solutions Market was valued at USD 3.3 billion in 2025 and is projected to grow to USD 5.32 billion in 2030. Additionally, the global Corporate Shareholder Services Market is estimated to be valued at approximately USD 3.43 billion in 2026 and is projected to reach USD 5.99 billion by 2035.
-
Professional Conference and Events Software:
The global Event Management Software Market was valued at USD 7.2 billion in 2025 and is projected to reach USD 14.7 billion by 2034. Another source estimates the global event management software market at USD 12.23 billion in 2025, projected to reach USD 14.29 billion by 2026.
-
Whistleblower Hotline:
The global Compliance Software Market size is expected to increase from USD 35.37 billion in 2025 to USD 74.12 billion by 2031.
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ACCESS Newswire (symbol: ACCS) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives and underlying business trends:
- Expansion of the Subscription-Based Model and Annual Recurring Revenue (ARR) Growth: The company is actively transitioning to a more predictable, subscription-driven revenue mix, moving away from project-based and transactional activities. This strategic shift is already yielding positive results, with an increase in subscriptions reported in recent quarters. Management has explicitly stated its focus on expanding subscription revenue and recurring ARR, with a goal to have 75% of revenue derived from subscription customers by the end of 2025.
- Product Innovation and Enhanced Communication Solutions, including AI Integration: ACCESS Newswire is undergoing a "pivotal period of product advancement" with an ambitious technology roadmap. Planned and recently launched enhancements include a proprietary AI engine, Wikipedia-style business profiles, integration with leading social marketing platforms, an advanced tonality engine, and "ACCESS Verified," an AI-driven verification and distribution tool. The company also launched the ACCESS NEWSWIRE Marketplace in February 2026, a partner program designed to enhance public relations (PR) and investor relations (IR) workflows by providing customers with direct access to premier tools and solutions.
- Customer Growth and Market Share Capture: ACCESS Newswire has demonstrated historical customer growth, with total customers increasing significantly year-over-year. The company aims for continued double-digit customer increases and is strategically positioned to capture additional market share in the evolving communications landscape. Management believes these efforts will position ACCESS Newswire to become a leading newswire service.
- Increased Volume in the Core Press Release Business: Despite the strategic shift towards subscriptions, the core press release revenue has shown recent increases, primarily attributed to higher volume. This indicates that the foundational news dissemination service remains a contributor to overall revenue growth.
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Capital Allocation Decisions (Last 3-5 Years)
Share Repurchases
- ACCESS Newswire Inc. (formerly Issuer Direct Corporation) authorized a share repurchase program of up to $1.0 million on December 3, 2025.
Share Issuance
- Specific dollar amounts for new share issuances were not publicly available within the last 3-5 years.
Inbound Investments
- No information on large inbound investments from third-parties (e.g., strategic partners or private equity firms) was publicly available within the last 3-5 years.
Outbound Investments
- On November 1, 2022, Issuer Direct Corporation acquired iNewswire.com LLC for $44 million, consisting of $18 million in cash, a $22 million secured promissory note, and 180,181 shares of common stock valued at approximately $3.9 million.
- The company completed the sale of its Compliance business for $12.5 million in February 2025, resulting in a net gain of $6 million.
Capital Expenditures
- Capitalized software spending increased by $218,000 for the year-to-date period in Q3 2024, indicating investment in software development.
- A near-term capital allocation priority for Q4 2023 was cash accumulation and growth investments.
- Strategic initiatives for 2025-2026 include investments in new product capabilities, such as AI-driven content analysis and social media integration.
Peer Outperformance in Advertising
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Wireless Telecommunication Services | 3 | -10.6% | 24.5% | 36.2% | ECHO 249% · TMUS 36% · SHEN -61% |
| Publishing | 5 | 11.0% | 20.4% | 5.6% | NYT 31% · NWSA 23% · SCHL 6% |
| Integrated Telecommunication Services | 23 | -7.0% | 5.9% | -24.3% | IQST 1489% · TIGO 285% · GSAT 221% |
| Movies & Entertainment | 24 | 5.6% | 71.8% | -34.8% | IMAX 203% · MSGS 118% · BATRA 111% |
| Alternative Carriers | 4 | 20.2% | 25.5% | -47.7% | IRDM 21% · UNIT -43% · LUMN -53% |
| Advertising ← | 20 | -15.8% | -7.7% | -65.6% | APP 305% · EVC 30% · OMC 20% |
| Interactive Media & Services | 33 | -35.8% | -27.7% | -68.6% | GOOGL 146% · SPOT 119% · META 115% |
| Broadcasting | 15 | -15.0% | -17.0% | -68.7% | FOXA 67% · NXST 20% · WBD 18% |
| Interactive Home Entertainment | 8 | -50.9% | -54.2% | -85.9% | TTWO 36% · RBLX -42% · PINS -65% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Would You Still Hold ACCESS Newswire Stock If It Fell 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 8.70 |
| Mkt Cap | 0.4 |
| Rev LTM | 660 |
| Op Inc LTM | 17 |
| FCF LTM | 59 |
| FCF 3Y Avg | 32 |
| CFO LTM | 66 |
| CFO 3Y Avg | 39 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.6% |
| Rev Chg 3Y Avg | 7.4% |
| Rev Chg Q | 1.5% |
| QoQ Delta Rev Chg LTM | 0.3% |
| Op Inc Chg LTM | 36.6% |
| Op Inc Chg 3Y Avg | 35.7% |
| Op Mgn LTM | -2.5% |
| Op Mgn 3Y Avg | -8.8% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | 6.7% |
| CFO/Rev 3Y Avg | 8.0% |
| FCF/Rev LTM | 5.3% |
| FCF/Rev 3Y Avg | 6.0% |
Price Behavior
| Market Price | $4.79 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 12/21/2006 | |
| Distance from 52W High | -55.6% | |
| 50 Days | 200 Days | |
| DMA Price | $5.64 | $8.09 |
| DMA Trend | down | down |
| Distance from DMA | -15.0% | -40.8% |
| 3M | 1YR | |
| Volatility | 65.8% | 60.3% |
| Downside Capture | 391.30 | 83.55 |
| Upside Capture | 115.49 | -25.84 |
| Correlation (SPY) | 22.8% | -4.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.00 | 1.97 | 0.10 | -0.49 | -0.25 | -0.14 |
| Up Beta | -0.12 | -1.48 | -1.11 | -0.84 | -1.28 | 0.32 |
| Down Beta | 0.05 | 3.91 | 0.57 | -0.14 | -0.25 | 0.87 |
| Up Capture | 11% | 194% | -1% | -46% | -18% | -2% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 12 | 22 | 33 | 62 | 116 | 191 |
| Down Capture | 489% | 375% | 86% | -21% | 69% | 26% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 8 | 19 | 30 | 63 | 131 | 195 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ACCS | |
|---|---|---|---|---|
| ACCS | -56.6% | 60.1% | -1.15 | - |
| Sector ETF (XLC) | -2.9% | 15.9% | -0.38 | -2.4% |
| Equity (SPY) | 17.7% | 13.0% | 0.98 | -3.9% |
| Gold (GLD) | 14.7% | 29.3% | 0.46 | 7.6% |
| Commodities (DBC) | 44.3% | 20.7% | 1.66 | -2.2% |
| Real Estate (VNQ) | 4.5% | 13.6% | 0.07 | 0.9% |
| Bitcoin (BTCUSD) | -25.9% | 44.8% | -0.54 | 8.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ACCS | |
|---|---|---|---|---|
| ACCS | -12.4% | 56.6% | -0.51 | - |
| Sector ETF (XLC) | 7.4% | 21.0% | 0.27 | -2.8% |
| Equity (SPY) | 13.3% | 17.2% | 0.59 | -2.7% |
| Gold (GLD) | 19.2% | 18.8% | 0.83 | 5.3% |
| Commodities (DBC) | 10.8% | 19.6% | 0.43 | -2.7% |
| Real Estate (VNQ) | 0.9% | 18.9% | -0.06 | -1.1% |
| Bitcoin (BTCUSD) | 12.2% | 52.6% | 0.41 | 6.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ACCS | |
|---|---|---|---|---|
| ACCS | -6.4% | 56.6% | -0.51 | - |
| Sector ETF (XLC) | 9.4% | 22.1% | 0.47 | -2.8% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | -2.7% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 5.3% |
| Commodities (DBC) | 8.5% | 18.1% | 0.38 | -2.7% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.19 | -1.1% |
| Bitcoin (BTCUSD) | 63.8% | 66.2% | 1.03 | 6.1% |
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Returns Analyses
Earnings Returns History
Updated 9/14/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/11/2026 | -17.4% | -21.5% | -22.8% |
| 5/12/2026 | 3.0% | -15.4% | -21.2% |
| 3/19/2026 | -2.4% | 15.2% | 21.6% |
| 11/12/2025 | -3.4% | -13.0% | -3.4% |
| 8/12/2025 | -0.8% | -8.8% | -10.0% |
| 5/13/2025 | 0.2% | 0.0% | 32.8% |
| 3/25/2025 | 3.2% | -4.5% | -6.5% |
| SUMMARY STATS | |||
| # Positive | 3 | 2 | 2 |
| # Negative | 4 | 5 | 5 |
| Median Positive | 3.0% | 7.6% | 27.2% |
| Median Negative | -2.9% | -13.0% | -10.0% |
| Max Positive | 3.2% | 15.2% | 32.8% |
| Max Negative | -17.4% | -21.5% | -22.8% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/11/2026 | -17.4% | -21.5% | -22.8% |
| 5/12/2026 | 3.0% | -15.4% | -21.2% |
| 3/19/2026 | -2.4% | 15.2% | 21.6% |
| 11/12/2025 | -3.4% | -13.0% | -3.4% |
| 8/12/2025 | -0.8% | -8.8% | -10.0% |
| 5/13/2025 | 0.2% | 0.0% | 32.8% |
| 3/25/2025 | 3.2% | -4.5% | -6.5% |
| SUMMARY STATS | |||
| # Positive | 3 | 2 | 2 |
| # Negative | 4 | 5 | 5 |
| Median Positive | 3.0% | 7.6% | 27.2% |
| Median Negative | -2.9% | -13.0% | -10.0% |
| Max Positive | 3.2% | 15.2% | 32.8% |
| Max Negative | -17.4% | -21.5% | -22.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/11/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 03/19/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/25/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/07/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/02/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/11/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 03/19/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/25/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/07/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/02/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 03/03/2022 | 10-K |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 03/04/2021 | 10-K |
| 09/30/2020 | 10/29/2020 | 10-Q |
| 06/30/2020 | 07/31/2020 | 10-Q |
| 03/31/2020 | 04/30/2020 | 10-Q |
| 12/31/2019 | 02/27/2020 | 10-K |
| 09/30/2019 | 10/31/2019 | 10-Q |
Recent Forward Guidance
Updated 8/12/2026Latest: Q2 2026 Earnings Reported 8/11/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Cost of Revenues Reduction | Reported | 0.15 Mil | ||||||
Insider Activity
Updated 8/24/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rein, Graeme P | Direct | Buy | 8242026 | 4.95 | 6,000 | 29,692 | 508,221 | Form | |
| 2 | Balbirnie, Brian R | Director, CEO | Direct | Buy | 8172026 | 4.95 | 10,000 | 49,500 | 3,191,102 | Form |
| 3 | Pollard, Wesley T | Direct | Buy | 8172026 | 4.99 | 2,000 | 9,980 | 81,487 | Form | |
| 4 | Balbirnie, Brian R | Director, CEO | Direct | Buy | 6242026 | 6.70 | 1,750 | 11,725 | 4,252,269 | Form |
| 5 | Pollard, Wesley T | Direct | Buy | 6222026 | 6.25 | 1,000 | 6,250 | 73,600 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rein, Graeme P | Direct | Buy | 8242026 | 4.95 | 6,000 | 29,692 | 508,221 | Form | |
| 2 | Balbirnie, Brian R | Director, CEO | Direct | Buy | 8172026 | 4.95 | 10,000 | 49,500 | 3,191,102 | Form |
| 3 | Pollard, Wesley T | Direct | Buy | 8172026 | 4.99 | 2,000 | 9,980 | 81,487 | Form | |
| 4 | Balbirnie, Brian R | Director, CEO | Direct | Buy | 6242026 | 6.70 | 1,750 | 11,725 | 4,252,269 | Form |
| 5 | Pollard, Wesley T | Direct | Buy | 6222026 | 6.25 | 1,000 | 6,250 | 73,600 | Form | |
| 6 | Balbirnie, Brian R | Director, CEO | Direct | Buy | 5292026 | 6.46 | 10,000 | 64,634 | 4,090,796 | Form |
| 7 | Rein, Graeme P | Direct | Buy | 5272026 | 6.31 | 7,267 | 45,830 | 548,674 | Form | |
| 8 | Pollard, Wesley T | Direct | Buy | 5182026 | 7.00 | 1,000 | 7,000 | 75,432 | Form | |
| 9 | Pollard, Wesley T | Direct | Buy | 3302026 | 7.29 | 1,500 | 10,935 | 52,648 | Form |
Investor Activity (13F)
Updated Sep 27, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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