Core Viewpoint - Mr. Mavroudis is a seasoned portfolio manager with expertise in risk management and financial market analysis, focusing on various financial instruments globally [1] Group 1: Professional Background - Mr. Mavroudis specializes in managing institutional and private portfolios, emphasizing risk management through comprehensive financial market analysis [1] - He has successfully navigated major crises, including the COVID-19 pandemic and the PSI, showcasing his resilience and adaptability in challenging market conditions [1] Group 2: Educational Qualifications - Mr. Mavroudis holds an MSc in Financial and Banking Management, an LLM in Law, and a BSc in Economics, graduating as valedictorian from his university [1] - He is certified by the Hellenic Capital Market Commission in various financial disciplines, including portfolio management and derivatives [1] Group 3: Professional Contributions - He writes daily articles for reputable financial media and participates as a guest commentator on television and online programs, contributing to public financial discourse [1] - Mr. Mavroudis has published three books on investments, further establishing his authority in the field [1] - His engagement with the Seeking Alpha community aims to foster mutual growth and knowledge sharing among investors and market enthusiasts [1]

Core Insights - Eos Energy (EOSE) is positioned at the intersection of the US energy sector, indicating a significant opportunity for growth as the company aligns its story with its financial performance [1]. Company Overview - Eos Energy is experiencing a convergence of narrative and financial metrics, suggesting that the company's developments are translating into tangible results [1]. Investment Strategy - The investment approach focuses on identifying high-potential opportunities that offer a favorable risk-reward ratio, aiming for an upside potential of 3-5 times the downside risk [1]. - Emphasis is placed on leveraging market inefficiencies and contrarian insights to maximize long-term compounding while safeguarding against capital impairment [1]. - A 2-3 year investment horizon is adopted to endure market volatility, promoting patience and disciplined capital allocation for superior returns [1].

Group 1 - The company offers a Growth Investor Pro service that teaches investing, trading, and risk management [1] - A swing trading alerts system has been successfully operated for several years [1] - Weekly live webinars are provided, along with access to senior staff and a 24x7 chat environment [1] Group 2 - A one-month trial of the service is available for $99, allowing potential subscribers to evaluate before committing to an annual subscription [2] - The service has received numerous 5-star reviews during both bear and bull markets [2]

Core Viewpoint - Oma Savings Bank Plc reported a decline in profits for the year 2025, with significant changes in risk management and operational processes, while aiming for stable growth despite a challenging economic environment [2][15]. Financial Performance - The comparable profit before taxes for Q4 2025 was EUR 17.2 million, down from EUR 27.9 million in Q4 2024, reflecting a 39% decrease [3][20]. - For the full year 2025, the comparable profit before taxes was EUR 56.9 million, a decline of 34% from EUR 86.7 million in 2024 [17][23]. - Net interest income fell by 26.3% in Q4 2025 to EUR 37.5 million, and decreased by 20.9% for the full year [5][18]. Cost Management - The cost-to-income ratio for Q4 2025 was 63.9%, up from 52.9% in Q4 2024, indicating increased operational costs [19][20]. - Comparable operating expenses decreased by 5.7% in Q4 2025, totaling EUR 30.5 million, but personnel expenses rose by 16.8% [4][19]. - Total operating expenses for the year increased by 10.9%, with personnel expenses rising by 28.5% [19]. Loan and Deposit Portfolio - The mortgage loan portfolio decreased by 3.2% over the past 12 months, while the SME customer loan portfolio fell by 19.9% [6][17]. - The deposit portfolio also saw a decline of 3.0% over the past year, primarily due to changes in deposits from individual SME customers [7][17]. Impairment and Risk Management - Impairment losses on financial assets decreased by 26.2% in Q4 2025, amounting to EUR -5.6 million, and total impairment losses for the year were EUR -47.1 million [8][19]. - The controlled winding down portfolio related to non-compliance with guidelines decreased from EUR 240 million to EUR 180 million, representing 3.2% of the total loan portfolio by year-end [9][19]. Customer and Employee Satisfaction - Customer satisfaction improved, with the Net Promoter Score (NPS) rising to 40 from 37 in the previous year [10]. - Employee satisfaction was reported at 4.15 out of 5 in the annual survey conducted at the end of 2025 [12]. Capital Position - The total capital ratio strengthened to 19.3% at year-end, up from 15.6% in 2024, indicating a solid capital position [13][20]. - Common Equity Tier 1 (CET1) capital ratio also improved to 18.3% from 14.4% [20]. Strategic Outlook - The company aims to be recognized as a reliable bank combining personal service with operational efficiency, focusing on expanding fee and commission-based business [14]. - For 2026, the company expects a slight decline in comparable profit before taxes, stable cost development, and lower impairment losses compared to 2025 [15][21][23].

Core Insights - The article emphasizes the importance of identifying high-potential investment opportunities before they experience significant growth, focusing on asymmetric opportunities with a potential upside of 3-5 times the downside risk [1] Investment Strategy - The investment approach prioritizes leveraging market inefficiencies and contrarian insights to maximize long-term compounding while safeguarding against capital impairment [1] - A strong margin of safety is sought to protect against capital impairment, ensuring that risk management is a key component of the investment strategy [1] - The investment horizon is set at 2-3 years, allowing the company to endure market volatility and emphasizing the importance of patience, discipline, and intelligent capital allocation for achieving substantial returns over time [1]

Financial Data and Key Metrics Changes - In fiscal Q2 2026, total revenues were $20.7 million, a 2% increase year-over-year, primarily due to a 6% increase in production and higher realized natural gas prices, offset by lower oil and NGL pricing [13][14] - Net income for the quarter was $1.1 million, or $0.03 per diluted share, compared to a net loss of $1.8 million, or $0.06 per share, in the prior year [13] - Adjusted EBITDA increased by 41% year-over-year to $8 million, reflecting stronger natural gas revenues and lower lease operating costs [14] Business Line Data and Key Metrics Changes - The company reported improved profitability and stronger cash flow, driven by diversification into natural gas and minerals and royalty investments [4][5] - Production increased year-over-year, particularly from mineral and royalty acquisitions in the SCOOP/STACK, contributing to steady base production across the portfolio [13][10] - Lease operating expenses improved to $11.5 million, or $16.96 per BOE, down from $20.05 per BOE in the prior year, due to cost improvements and cessation of CO2 purchases at Delhi [14] Market Data and Key Metrics Changes - Realized natural gas pricing improved compared to the prior year, although results were impacted by wider regional differentials due to mild winter conditions in the western U.S. [12] - The company continues to benefit from a balanced mix of oil and natural gas assets, which helps reduce concentration risk and smooth performance over time [5] Company Strategy and Development Direction - The company aims to build a portfolio that can perform across commodity price cycles, focusing on assets with durable cash flow characteristics and modest capital requirements [5][9] - The strategy includes expanding the minerals and royalty platform, which is expected to enhance cash flow durability and provide flexibility in capital deployment [7][8] - The company remains opportunistic in acquisitions, particularly in areas where it can leverage its experience and relationships [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate commodity cycles while continuing to reward shareholders, emphasizing the importance of disciplined capital management [8][9] - The company anticipates meaningful contributions from newly acquired Haynesville-Bossier Shale mineral and royalty assets in the upcoming quarters [7][20] - Management highlighted the importance of operational flexibility and cost control in the current volatile market environment [8] Other Important Information - Cash on hand totaled $3.8 million, with borrowings under the credit facility at $54.5 million, resulting in total liquidity of approximately $13.5 million [15] - The board declared a quarterly cash dividend of $0.12 per share, totaling $4.2 million in dividends paid during the quarter [15] Q&A Session Summary Question: Update on minerals acquisitions and natural decline rate - Management noted that minerals acquisitions will add incremental production without additional costs, enhancing the attractiveness of the portfolio [18] Question: Production levels from Haynesville-Bossier acquisitions - Management confirmed that the acquisitions will have no impact on the previous quarter but expect production to ramp up quickly in the upcoming quarters [20] Question: Performance of the Delhi Field without CO2 injection - Management indicated that the field remains profitable without CO2 injection due to lower operating costs, despite some production rate reductions [29] Question: Outlook on overall debt levels - Management stated that the long-term target is to reduce net debt to 1x, but they feel comfortable with the current debt level given the production and cash flow hedged at attractive prices [58]

Core Insights - Riskified Ltd. (RSKD) is a technology company focused on e-commerce fraud prevention and risk management, primarily assisting global e-commerce companies [1] Company Overview - Riskified operates in the e-commerce sector, providing solutions to mitigate fraud and manage risks associated with online transactions [1] Industry Context - The company is positioned within the growing e-commerce fraud prevention market, which is increasingly critical as online shopping continues to expand globally [1]

Group 1 - The article emphasizes the importance of quantitative research, financial modeling, and risk management in equity valuation and market trends to identify high-growth investment opportunities [1] - It highlights the experience of the analyst, including a background as a Vice President at Barclays, focusing on model validation, stress testing, and regulatory finance [1] - The collaboration between the analyst and their research partner aims to deliver high-quality, data-driven insights by combining complementary strengths [1] Group 2 - The approach taken by the analyst includes rigorous risk management and a long-term perspective on value creation, with a focus on macroeconomic trends, corporate earnings, and financial statement analysis [1] - The goal is to provide actionable ideas for investors looking to outperform the market [1]

Company Overview - MarketGauge was founded 25 years ago by successful floor traders turned hedge fund managers with over 100 years of diversified experience [1] - The company's mission is to provide strategic and actionable information to empower investors and advisors to surpass their financial goals [1] - MarketGauge offers educational courses, proprietary trading tools, and proven quant-based models [1] Investment Philosophy - The core philosophy of MarketGauge is to identify both the biggest macro trends and emerging ones using proprietary tools and indicators [1] - The company employs short-term tactics derived from successful floor trading to maximize profits and minimize risk, with price action as the primary driver [1] - MarketGauge layers in fundamentals while maintaining a methodical, systematic, and repeatable approach to trading [1] Performance and Transparency - All investing models at MarketGauge include track records with daily and weekly updates, ensuring performance transparency [1] - The company has supplied market analytics to major financial institutions such as Barron's and Fidelity, as well as thousands of individual investors and active traders [1] - MarketGauge's insights are featured in various financial platforms, and their Twitter feed is rated as one of the top 50 for financial information by CBS MarketWatch [1] Team and Expertise - Each MarketGauge expert has a special focus and domain within the company, linked by common experience and a commitment to risk management [1] - All experts utilize the same indicators and tools, contributing to a cohesive approach to trading [1]

Financial Data and Key Metrics Changes - In Q4 2025, the company achieved GAAP net income of $34 million and operating cash flow of $80 million, marking a significant turnaround from a loss of $238 million in the previous year [6][27] - For the full year 2025, revenues reached $1.3 billion, up 26% year-over-year, with adjusted EBITDA of $371 million, up 76% year-over-year, and GAAP net income of $81 million, a $483 million improvement compared to 2024 [6][21] - The fourth quarter revenue was $335 million, with a 29% adjusted EBITDA margin, and FRLPC (Fee Revenue Less Production Costs) was $131 million, up 12% year-over-year [22][24] Business Line Data and Key Metrics Changes - Personal loans accounted for approximately 65% of total network volume, growing 10% year-over-year, while auto and point-of-sale (POS) represented 19% and 16% of quarterly network volume, respectively [22] - The company reported a network volume of $2.7 billion for Q4, up 3% year-over-year, with full-year network volume at $10.5 billion, up 9% [22][23] Market Data and Key Metrics Changes - The company noted a proactive tightening of production in certain areas to mitigate higher variability of credit outcomes, which resulted in a reduction of approximately $100 million-$150 million in fourth quarter volume without impacting profitability targets [23][24] - The company has diversified its funding sources, creating almost $3 billion of revolving capacity through ABS structures across point-of-sale and personal loans [12][30] Company Strategy and Development Direction - The company is focused on sustainable, profitable growth, emphasizing prudent risk management over short-term gains, and aims to build a B2B2C platform that integrates deeply into the U.S. financial ecosystem [8][13] - Future growth is expected to come from onboarding new partners and deepening existing relationships, with a robust pipeline of new partner launches anticipated [9][14] Management's Comments on Operating Environment and Future Outlook - Management highlighted that while consumer performance remains strong, there is increased uncertainty in the market, prompting a cautious approach to credit exposure [18][66] - The guidance for 2026 reflects a cautious outlook, with expected GAAP net income ranging from $100 million to $150 million, assuming current market conditions persist [35][61] Other Important Information - The company has established long-term agreements with major partners, enhancing business stability and alignment [10][14] - The company reported a significant improvement in operating leverage, with core operating expenses declining to 36% of FRLPC, a 13-point improvement year-over-year [26] Q&A Session Summary Question: Can you elaborate on the decision to move away from variable outcomes? - Management emphasized the importance of prudent risk management over short-term growth, noting that they are not reliant on marketing spend to generate volume, allowing for more flexibility in decision-making [37][40] Question: How is the funding environment looking for 2026? - Management indicated strong demand for their products and noted that the funding environment is becoming more disciplined, which is beneficial for the company [58][59] Question: What specific actions were taken to pull back on risk? - The company primarily pulled back across the entire portfolio, with a focus on personal and auto loans due to the growth seen in POS [73]