Pay for the depth
you actually need

Everything we cover is included, and reading it is never metered. Your allowance commissions the companies we don't.

Free
THE NARRATIVE
$0
Free forever · no card
  • Daily market brief and news
  • Watchlist and broker-synced portfolio
  • Current-year filings and financials
  • The screener, without our numbers
  • Free forever, no card
Basic
UNLOCKS FLASH
$49/mo
or $490/yr — save 17%
  • Price targets and % upside
  • Rank all companies by upside
  • Flash theses in full
  • Full filing and financial history
  • Earnings analysed within the hour
  • Ask the analyst anything
READ EVERYTHING WE COVER10 FLASH / WK*20 ANALYST MESSAGES / WKNO DEEP DIVES
7-day free trial · cancel anytime
Generate up to 5 flash theses while trialling
Premium
UNLOCKS DEEP DIVES
MOST POPULAR
$299/mo
or $3,000/yr — save 16%
  • The full deep dive on a company
  • Whether AI disrupts the business
  • Ranked against its named rivals
  • Ten years of capital allocation
  • Bear, base and bull cases
  • The signals that would break it
READ EVERYTHING WE COVER4 DEEP / WK*40 FLASH / WK*200 ANALYST MESSAGES / WK
7-day free trial · cancel anytime
Generate up to 1 deep dive and 5 flash theses while trialling
Professional
UNLOCKS THE MACHINERY
$999/mo
or $10,000/yr — save 17%
  • Everything in Premium, plus the workings
  • The model and a scenario editor
  • Every figure bound to its source
  • Earnings calls analysed — replay the key highlights
READ EVERYTHING WE COVER20 DEEP / WK*200 FLASH / WK*UNLIMITED ANALYST MESSAGES

* For companies we don't cover yet — name one and we research it.

Everything, side by side

Rolling seven-day window. Allowances buy new research, never access to what is already here.

FeatureFreeBasicPremiumProfessional
On every plan, Free included
Daily market brief
Company & market news
Watchlist
Portfolio sync & import
Screener (neutral columns)
Current-year financials & filings
Our view
Fair value, upside % and verdict
Rank all companies by upside
Flash thesesA fast read of a company's filings and its sector — 15–30 minutes, not hours. Thin by design: enough to judge whether a name deserves a deep dive.
Earnings analysed within the hourFor companies we already cover. We read the official release as it lands and test it against the thesis we published, then fold in the call once it is held. The note is dated, and it says what the print does to the thesis.
Full financial & filing history
The full bench
Deep-dive reportsA full report on the company, its rivals, its industry and its regulator, carried through to a valuation with bear, base and bull cases. Typically two to four thousand words, usually with a dozen charts — every one of them titled with the claim it proves. Several hours to produce.
Charts and peer tables
Valuation & scenarios
Download research as PDF
The machinery
Valuation model and scenario editor
Every figure bound to its source
Earnings calls: audio, transcript and analysisThe call itself, plus the read over it: who spoke and for how long, the thesis tripwires checked against what was actually said, how indirect each answer was, and what management chose to emphasise set against what analysts pressed on. Every quote plays from its own timestamp.
Theme radar, and what changed in the filings
New generation allowances · rolling 7-day window
Flash theses per weekA fast read of a company's filings and its sector — 15–30 minutes, not hours. Thin by design: enough to judge whether a name deserves a deep dive. Counts only companies we don't yet cover.1040200
Deep dives per weekA full report on the company, its rivals, its industry and its regulator, carried through to a valuation with bear, base and bull cases. Typically two to four thousand words, usually with a dozen charts — every one of them titled with the claim it proves. Several hours to produce. Counts only companies we don't yet cover.420
Analyst messages per week20200Unlimited
Prices in USD ($), billed monthly. Taxes added at checkout where they apply. Change or cancel any time.

FAQ

Anything else, get in touch.

Everything on the plan for 7 days: every company we already cover opens in full, and reading is never metered. The one thing capped is commissioning NEW research — up to 1 deep dive and 5 flash theses for the whole trial, since a deep dive is hours of work that stays on the site for good. Your full weekly allowance starts when the trial ends.
The official release is analysed within the hour, against the thesis we already published rather than in isolation: what they printed versus what we forecast, which claims it breaks, and what would change our mind. Once the call has been held, anything material it adds is folded into the same note. If the print breaks the thesis we say so, and the name goes back through research.
Allowances run on a rolling seven-day window, not a calendar month. If you use your flash theses on Monday, they start coming back the following Monday — nothing resets all at once, so the queue stays fast for everyone.
No. Every company we already cover is yours to read as often as you like — your plan sets how deep you can go, not how often you can look. The allowance is for the companies we don't cover yet: name one and we research it for you.
Yes, up or down, at any time. Upgrades apply immediately; downgrades take effect at the end of the period you have already paid for.
You keep full access until the end of the period you have paid for — we never cut access off mid-period. Anything you have already generated stays readable.
No. The narrative research, the news, the current year's filings and financials, the daily market brief, your watchlist and your portfolio are all free. Paid plans add our own judgment — fair value, upside and verdict — and the tools to act on it.
Start where it's free

Sync your portfolio, read the news, pay nothing.

Upgrade the day you want a fair value. No card until then.