# Public Policy Holding Company, Inc. (PPHC) · Edgar & Edgarette company card

> Public Policy Holding Company (PPHC) grew revenue 24.7% in FY2025 to $187 million, operating margin -18.2% against a 6.5% median for management consulting services, equity 37.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1903508 · fiscal year ended 2025-12-31 · 2 audited years read · [page](https://www.pops4.com/boards/company/PPHC) · [JSON](https://www.pops4.com/boards/company/PPHC.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $187M |
| Revenue growth, 1 year | 24.7% |
| Revenue growth per year | — |
| Operating margin | -18.2% (prior year -12.1%) |
| Net margin | -20.9% |
| Operating cash flow | $25M |
| Capital spending | $11,000 |
| Free cash flow | $25M |
| Cash | $20M |
| Long-term debt | $47M |
| Total assets | $203M |
| Total equity | $75M |
| Equity ÷ assets | 37.0% |
| Return on equity | -52.1% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -2.95 (distress zone)
- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -18.2% in FY2025

## Edgarette's reading

Exposure: revenue $186.5M (FY2025), total debt $47.0M. Experience: revenue up 24.7% on the year; operating margin -18.2%, down from -12.1%. Soundness: equity 37.0% of assets, return on equity -52.1%. Credibility: 2 audited years, moderate weight. Range: 80% of past cases like this landed between $183.5M and $295.0M next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (17 filers, $50M+ revenue, services-management consulting services): operating margin -18.2% against a 6.5% median; growth 24.7% against 4.2%.

Range logged 2026-09-27, receipt 0a1af6f5fd776cde, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-02-02 ([filing](https://www.sec.gov/Archives/edgar/data/1903508/000162828026004430/0001628280-26-004430-index.htm))

## Recent filings

- 10-Q · filed 2026-11-10 · [filing](https://www.sec.gov/Archives/edgar/data/1903508/000162828026072694/0001628280-26-072694-index.htm)
- 8-K · filed 2026-11-09 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1903508/000162828026072113/0001628280-26-072113-index.htm)
- 8-K · filed 2026-11-05 · 1.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1903508/000162828026071180/0001628280-26-071180-index.htm)
- 10-Q · filed 2026-08-11 · [filing](https://www.sec.gov/Archives/edgar/data/1903508/000162828026055678/0001628280-26-055678-index.htm)
- 8-K · filed 2026-08-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1903508/000162828026055194/0001628280-26-055194-index.htm)
- 8-K · filed 2026-08-03 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1903508/000162828026051520/0001628280-26-051520-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001903508.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1903508

## Cite

POPS4, Edgar & Edgarette: Public Policy Holding Company, Inc. (PPHC) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/PPHC. 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.