# FIRY INC. (FIRY) · Edgar & Edgarette company card

> Firy (FIRY) grew revenue 12.5% in FY2025 to $104 million, operating margin -61.2% against a 7.7% median for computer processing & data preparation, equity 38.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1801661 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/FIRY) · [JSON](https://www.pops4.com/boards/company/FIRY.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $104M |
| Revenue growth, 1 year | 12.5% |
| Revenue growth per year | -27.6% |
| Operating margin | -61.2% (prior year -50.1%) |
| Net margin | -67.4% |
| Operating cash flow | −$69M |
| Capital spending | $6M |
| Free cash flow | −$75M |
| Cash | $195M |
| Long-term debt | $128M |
| Total assets | $293M |
| Total equity | $112M |
| Equity ÷ assets | 38.1% |
| Return on equity | -63.0% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -12.15 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -0.77 (above the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late quarterly report notice in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -61.2% in FY2025; revenue is hard to predict: its 80% range is ±36%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $104.5M (FY2025), total debt $127.6M. Experience: revenue up 12.5% on the year, down 27.6% a year over 4 years; operating margin -61.2%, down from -50.1%. Soundness: equity 38.1% of assets, return on equity -63.0%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $65.4M and $139.1M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $54.1M to $169.6M. A statistical range, not company guidance. Against peers (35 filers, $50M+ revenue, services-computer processing & data preparation): operating margin -61.2% against a 7.7% median; growth 12.5% against 10.2%.

Range logged 2026-09-24, receipt 0f9557effb352c69, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-Q Late quarterly report notice: 2, latest 2026-08-17 ([filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000094/0001801661-26-000094-index.htm))
- Item 5.02 Director or officer change: 8, latest 2026-09-15 ([filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000099/0001801661-26-000099-index.htm))

## Recent filings

- 8-K · filed 2026-10-16 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000120/0001801661-26-000120-index.htm)
- 8-K · filed 2026-10-06 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000112/0001801661-26-000112-index.htm)
- 8-K · filed 2026-10-05 · 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000106/0001801661-26-000106-index.htm)
- 8-K · filed 2026-09-15 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000099/0001801661-26-000099-index.htm)
- 10-Q · filed 2026-08-19 · [filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000097/0001801661-26-000097-index.htm)
- 8-K · filed 2026-08-17 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1801661/000180166126000095/0001801661-26-000095-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001801661.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1801661

## Cite

POPS4, Edgar & Edgarette: FIRY INC. (FIRY) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/FIRY. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.