Research / AIRS / Fundamental state Inspectable configuration
State dimensions Filing 0001870940-25-000031 General Corporate
Debt relative to revenue 27th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.debt_to_revenue
131.19% · OPTIONAL · VALID
Capex intensity 0th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.capex_revenue_ratio
0.60% · OPTIONAL · VALID
Operating cash generation 64th Own-history percentile · N=11
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
11.32% · OPTIONAL · VALID
Revenue growth RAW Current state valid · history insufficient
Evidence method Yoy · gp.fundamentals.revenue
-13.71% · CORE · NOT_ENOUGH_HISTORY
Operating margin 55th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.operating_margin
1.79% · CORE · VALID
SBC intensity 27th Own-history percentile · N=11
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
3.18% · OPTIONAL · VALID
As-filed lineage Fundamental state history Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History 13 states Self-history eligible
Sep 30, 2023 0/6 normalized Level 3 Dec 31, 2023 0/6 normalized Level 3 Mar 31, 2024 0/6 normalized Level 3 Jun 30, 2024 0/6 normalized Level 3 Sep 30, 2024 5/6 normalized Level 3 Dec 31, 2024 5/6 normalized Level 3 Mar 31, 2025 5/6 normalized Level 3 Jun 30, 2025 5/6 normalized Level 3 Sep 30, 2025 6/6 normalized Level 3 Dec 31, 2025 6/6 normalized Level 3 Dec 31, 2025 6/6 normalized Amended as filed Mar 31, 2026 6/6 normalized Level 3 Jun 30, 2026 6/6 normalized Level 4 Period transition
What moved in the state? Balance Sheet Leverage Decreased
Previous 174.02%
Current 131.19%
Delta -42.83% Capex Intensity Decreased
Previous 4.83%
Current 0.60%
Delta -4.23% Cash Generation Increased
Previous 2.20%
Current 11.32%
Delta 9.12% Growth Increased
Previous -17.32%
Current -13.71%
Delta 3.61% Profitability Increased
Previous -4.04%
Current 1.79%
Delta 5.82% Sbc Intensity Increased
Previous 3.15%
Current 3.18%
Delta 0.03% Self-history only Previous similar states Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.