Our reports emphasize the analysis of the main risks attached to the subject company, risks in terms of business strategy, but also credit risk and dilution risk, with a significant emphasis on earnings quality.  In order to understand the risks attached to the subject company, we perform a strategic analysis as part of our diligence process. … Read more

Bad earnings quality can be an unintentional outcome, and therefore, we are not judging management intentions but judging the reliability and sustainability of the reported figures. This is not an exhaustive list of all the things we look for when performing an earnings quality analysis, we adapt to circumstances: First, how can we understand the … Read more