Shared on 23 Aug 25
Fair value Decreased 27%Q2 2025 Update (updated 250823) Subscriptions continue to decline (-3%), leading to a top-line contraction that is likely to persist. However, partnerships are gaining momentum , with the company highlighting on the conference call that these could carry a more favorable margin profile.
Shared on 26 Apr 25
Fair value Decreased 34%Mandelman made no meaningful changes to valuation assumptions.
Shared on 21 Feb 25
Fair value Increased 33%Mandelman has increased future PE multiple from 15.0x to 20.0x.