The world’s financials, made simple — and free.
We’re building the largest free financial statement database so anyone can analyze a public company without a login, paywall, or sales pitch. Here’s why this didn’t exist before, how we made it work, and where we’re going next.
Why this didn’t exist before
For years, turning SEC filings into clean, comparable statements demanded four rare skills in one team: deep GAAP expertise, fluency in the SEC’s evolving XBRL taxonomy, serious data engineering, and resilient infrastructure to ingest filings under strict rate limits. Even if you had all of that, the on-demand compute cost made “free” unrealistic — so data lived behind subscriptions.
How we broke the trade-off
Precompute once
We generate standardized statements for 15,910 SEC-registered companies ahead of time and store them as tiny, static bundles.
Serve as static files
PythonAnywhere hosts the files; Cloudflare caches them globally. No background workers. Near-zero CPU per request.
Result: what once required heavy servers and paywalls now runs for about $12/month and scales to millions.
Why we focus on SEC filers (for now)
The SEC’s public database already covers an estimated 55–65% of global equity market value. Outside the U.S., many exchanges license filings as intellectual property, add annual redistribution fees, and use different standards (IFRS, non-English filings). For a small team, the licensing and standardization costs outweigh the benefit — for now.
What’s next
We’re integrating the SEC Financial Statements and Notes dataset so every line item can expand into its components. Click “Revenue” to see what drives it; click “Net Premiums Written” to reveal direct, ceded, and assumed detail. Financials move from static PDFs to interactive, explorable data.
Why we can keep it free
Legacy platforms monetize through subscriptions — high revenue per user — so giving data away would cannibalize their business. Our cost structure is different: static files + global caching. That lets us offer institutional-grade data free, supported by responsible advertising and community goodwill, not paywalls.