CLSK
Structural scoring is not meaningful for this business
Structural scoring uses gross margin, free cash flow and Altman Z — measures built for operating companies. For banks, insurers and asset managers they produce artifacts, because the cash-flow statement is dominated by lending and deposit flows rather than operations. Treat the structural and composite figures below as not comparable with other sectors, in either direction.
- Reported free cash flow is far outside the range an operating business can show, indicating balance-sheet rather than operating flows
Daily closes · 1Y (252 sessions) · +25.8% · range 8.18–23.20
The Businesswhat the company reports
Business & cash flow
| FCF / assets | -19.0% |
|---|---|
| OCF / assets | -14.5% |
| FCF / revenue | -60.2% |
| Gross margin | 50.7% |
| ROIC | 14.5% |
| Forward P/E | -8.6 |
FCF/assets and OCF/assets are the cash-flow measures Brown Bear's own testing found to survive; FCF/revenue is shown alongside for context. Assets are from the latest annual filing (FY2025).
Price vs Earnings growth
Trailing EPS is negative (-3.61) and forward EPS is not positive, so a growth percentage does not exist
Confidence 35.0/100
Drivers
| Trailing price return (1y) | +25.8% |
|---|
Figures
| Trailing EPS | -3.61 |
|---|---|
| Forward EPS | -1.42 |
| Forward P/E | -8.60 |
Takeaway Low data confidence (limited analyst coverage) — treat this section as informational only.
Reported earnings
Revenue Net incomeEPS (GAAP) (-1.03–0.60, own scale) Derived Q4
12 quarters to Q3 24. Revenue and net income share one scale, so the gap between them is the margin. The baseline is zero — bars below it are losses. The line is GAAP EPS — it spans every quarter shown, where the reported figure only goes back as far as the consensus feed does.
| Quarter ending | Revenue | YoY | Net income | EPS (GAAP) | Filed |
|---|---|---|---|---|---|
| 2024-09-30 (derived) | 89.28m | — | -62.18m | -0.29 | 2024-12-03 |
| 2024-06-30 | 104.11m | +128.7% | -236.24m | -1.03 | 2024-08-09 |
| 2024-03-31 | 111.80m | +162.8% | 126.73m | 0.60 | 2024-05-09 |
| 2023-12-31 | 73.79m | +165.2% | 25.91m | 0.14 | 2024-02-08 |
| 2023-06-30 | 45.52m | +46.7% | -14.22m | -0.12 | 2023-08-09 |
| 2023-03-31 | 42.55m | +2.2% | -18.46m | -0.23 | 2023-05-10 |
| 2022-12-31 | 27.82m | -32.5% | -29.03m | -0.44 | 2023-02-09 |
| 2022-06-30 | 31.03m | +160.4% | -29.34m | -0.71 | 2022-08-10 |
| 2022-03-31 | 41.64m | +412.8% | -170.74k | -0.00 | 2022-05-10 |
| 2021-12-31 | 41.24m | — | 14.49m | 0.36 | 2022-02-09 |
| 2021-06-30 | 11.92m | — | -16.68m | -0.49 | 2021-08-16 |
| 2021-03-31 | 8.12m | — | 7.40m | 0.23 | 2021-05-06 |
Share count
Diluted shares Return since the previous filing
| Direction | Growing — shares issued |
|---|---|
| Diluted shares | 281.5M as at 2025-12-31 |
| Change over 1 year | +23.1% |
| Public float | $510.76m as at 2022-03-31 (10-K) |
History before 2023-12-31 is not shown. The share count jumps at that date by a ratio no ordinary issuance produces — a split whose factor is not in Brown Bear's split store — so earlier figures are on a different basis and cannot be compared with today's.
The Pricewhat the chart is doingTop ↑
Price Levels
| Strategy | At Support Zone |
|---|---|
| Reference band | 11.92 — 12.28 |
| Protective stop | 9.70 (Atr, 19.8% risk) |
| Support | 12.04 (3 touches, 1.2% away) |
| Resistance | 13.28 (9.1% away) |
Takeaway The shares are nearer the floor than the ceiling: about 1.2% above 12.04, a price buyers have stepped in at before, and 9.1% below 13.28, where sellers have turned up before. That floor has held 3 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 19.8% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.
Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.
Ichimoku Cloud (Adaptive)
| Daily cloud | Price BELOW the cloud | periods 7/19/39 (74% of classic 9/26/52) |
|---|---|
| Lines | Tenkan/Kijun BEAR | cloud twist BEAR |
| Cloud thickness | 8% percentile (thin — little structure to fight through) |
| Chikou span | Not clear of price from 26 periods ago |
| Weekly cloud | Price BELOW the weekly cloud (context only, not scored) |
Takeaway The stock is trading below its cloud — a shaded band drawn from several of its own moving averages, currently 13.12 to 13.56. Being below it means the medium-term picture is pointing downwards, and that band is the first hurdle it would have to climb back through. Its shorter-term averages agree with that.
Trailing returns
| 21 days | -9.6% |
|---|---|
| 63 days | -32.5% |
| 126 days | +16.6% |
| 252 days | +28.9% |
| Below 252d high | 47.5% |
Trend context
| Position | Below trend |
|---|---|
| Extension | Normal |
| Trend slope | Falling |
| Direction of travel | Holding its deviation |
Takeaway The share price is below the level its own longer-run trend suggests is fair, and that fair level is drifting down. The gap between the two has been fairly steady. Neither is stretched far enough to stand out.
Volatility
| State | No recent compression |
|---|---|
| Current band width | 31.9% of price |
| Recent tightest | 31.9% (0 sessions ago, narrower than 55.0% of its history) |
| Expansion since | 1.00× |
| Band | 10.58 — 14.60 |
Takeaway Lately this share price has been swinging around inside a range roughly 32% wide. That is normal for this stock, so there is nothing unusual to read into it either way.
Historical trends
History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.
Repair Pathway
- Nearest Trigger MACD repair streak continuation 5 improving bars MACD histogram has improved for 5 consecutive sessions · Broadly stable
- Trigger 2 Volume confirmation above 1.2x +0.20x volume confirmation would improve confidence in the pathway · Deteriorating
- Trigger 3 EMA20 reclaim +3.1% gap is improving · Broadly stable
- Trigger 4 Reclaim EMA20 repair trigger repair engine identifies this as the nearest technical repair catalyst · Broadly stable
- Trigger 5 EMA50 reclaim +9.0% gap is improving · Broadly stable
Who's Tradingthe flow behind the priceTop ↑
Insider activity
| Activity | Insider selling |
|---|---|
| Buy filings | 0 |
| Sell filings | 1 |
| Shares sold | 54 |
| Value sold | $622 |
| Latest sell | 2026-08-14 |
| Filed | Insider | Shares | Value |
|---|---|---|---|
| 2026-08-14 | Sold Monnig TaylorCTO, COO | 54 | $622 |
Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.
Volume confirmation
| Volume-price trend | Above its signal line |
|---|---|
| Confirmation | Marginal |
No absorption or distribution event in the recent window.
Takeaway Slightly more shares change hands on rising days than on falling ones, but the gap is too small to read anything into.
Options Positioning
No binary-event flag
CLSK: no binary-event flag. Near IV 88%, far IV 87% (ratio 1.01), implied move 10.3%.
| Implied volatility | 88% near (8d) · 86% far (85d) |
|---|---|
| Term structure | 1.01× near/far |
| Historical volatility | 81% |
| Implied vs historical | 1.08× |
| Implied move | ±10.3% by 2026-09-04 |
| Implied move vs ATR | 0.53× |
| Skew | Flat (0.98×) |
| Call wall | 15.00 (+15.8% away) |
| Put wall | 10.00 (-22.8% away) |
| Gamma pin | 10.00 |
Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 10.3% in either direction by 2026-09-04.
Chain as at 2026-08-27. This is a risk read on whether a specific event is being priced — not a directional view.
Context & Methodthe record, and how it was builtTop ↑
Relative Rotation
Repair Attempt
Rotation health 75.2/100; Strong Rotation Tailwind.
| Rotation health | 75.2 |
|---|---|
| Rotation strength | 71.0 |
| Leg | Quadrant | RS-Ratio | RS-Mom |
|---|---|---|---|
| Stock vs sector | Weakening | 101.4 | 99.2 |
| Stock vs SPY | Improving | 98.0 | 104.3 |
| Sector vs SPY | Improving | 92.5 | 124.1 |
Direction of travel: North-East / strengthening leadership
Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.
News Headlines
- Loading headlines\u2026
Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.
Detailed Scoring
Positive signals
- Piotroski F-score 4/9 (+7.1)
- Altman Z-score 3.39 (+7.1)
- Insider conviction score (+10.6)
- Gross margin quality: 50.7% (+9.0)
- ROIC quality: 14.5% (+6.5)
- Gross margin improving by 13.9 pts (+4.0)
- ROIC improving by 22.4 pts (+8.0)
- Track 1: MACD histogram state (0.08) (+3.0)
- Track 1: relative strength trend improving (+5.0)
- Track 1: 20-day momentum acceleration 0.19 (+9.0)
- Track 1: bullish DI spread 3.0 (+1.0)
- Track 1: ADX 27.4 and rising (+5.0)
- Track 1: relative momentum rank 0.72 (+3.1)
- Track 1: MACD histogram acceleration 0.17 (+4.0)
- Track 1: MACD line/signal repair quality (+10.0)
- Track 1: MACD slope improving (+3.0)
- Track 1: RSI recovery 46.0, 5-day change +14.6 (+11.7)
- Track 1: EMA200 support proximity 6.0% (+2.8)
- Track 1: Bollinger position 0.40 (+4.8)
- Regime convergence: SUPPORT_RESISTANCE_BOUNCE confidence 73.0/100 (EMERGING) (+14.6)
Negative signals
- Underperforming sector over 20 days
- Track 1: price below EMA20 by 3.0%
- Track 1: EMA20 slope deteriorating -1.3%
- Track 1: weak VPT confirmation (0.00)
- Track 1: price below EMA50 by 8.3%
- Track 1: EMA50 slope deteriorating -4.2%
- Poor earnings quality (accrual ratio 0.259)
Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.