LAWCS Disco, Inc.
Services-Prepackaged Software
- Revenue
- $157M
- 8.3% YoY
- Operating margin
- -30.7%
- 28% YoY
- EBITDA
- −$44M
- 23% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired16% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-1% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear4% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $114M | $135M | $138M | $145M | $157M | 8.3% |
| Operating income | −$24M | −$72M | −$50M | −$62M | −$48M | 22% |
| Net income | −$24M | −$71M | −$42M | −$56M | −$44M | 20% |
| Operating cash flow | −$22M | −$46M | −$26M | −$9M | −$15M | 71% |
| Capex | $3M | $4M | $5M | $3M | $3M | 9.8% |
| Stock-based comp | $6M | $22M | $16M | $22M | $24M | 9.9% |
| Buybacks | $476K | $264K | $89K | $127K | $105K | 17% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.