PARPAR TECHNOLOGY CORP
Calculating & Accounting Machines (no Electronic Computers)
- Revenue
- $456M
- 30% YoY
- Operating margin
- -15.1%
- 33% YoY
- EBITDA
- −$20M
- 52% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $345M net debt
- 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 SBCClear7% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-12% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired65% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $210M | $262M | $277M | $350M | $456M | 30% |
| Operating income | −$64M | −$69M | −$72M | −$79M | −$69M | 13% |
| Net income | −$76M | −$69M | −$70M | −$5M | −$84M | 1594% |
| Operating cash flow | −$53M | −$43M | −$17M | −$25M | −$27M | 7.6% |
| Capex | $1M | $1M | $5M | $970K | $3M | 243% |
| Stock-based comp | $14M | $13M | $14M | $24M | $31M | 25% |
| Buybacks | $5M | $3M | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $64K · 3
- Net
- −$64K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $14M | −$9M | 58 | 123 |
| FY2024 | $15M | $31M | 236 | 163 |
| FY2023 | $10M | $15M | 142 | 132 |
| FY2022 | $2M | −$8M | 85 | 104 |
| FY2021 | $1M | $2M | 172 | 162 |