Effective 2026-07-19. Contact: hello@compsdesk.com. These terms replace all prior versions; the version in force on the date of your most recent charge governs that subscription term.
CompsDesk produces benchmarking reports ("packs") computed from public SEC EDGAR XBRL filings (public domain; copyright in the underlying filings rests with the respective filers). Packs are informational benchmarking only — not investment advice, not a recommendation, not an audit or assurance of any kind. Fiscal periods are matched by period-end date; undisclosed values print as "n/a" and are never estimated.
An annual subscription to unlimited packs on the companies in our covered universe, against peer sets you choose, subject to the scope limits published on the plans page (which is the authoritative statement of tiers, seat counts, prices and inclusions at any time). We do not provide market data — no share prices, no market capitalisation, no price feed of any kind — nor forecasts, non-GAAP adjustments, or coverage of funds, blank-check shells, broker-dealers, insurance brokers, other financial-services registrants, private companies or non-SEC filers.
Metric families — REITs, banks and thrifts, insurance underwriters. This clause states our position on those three exactly, because silence about them would read as either a promise or a denial and neither would be true. We have built a metric family for each: its own metric set, its own coverage file with its own published admission bar, and its own written refusals. They are not part of the covered universe from which this subscription's packs are drawn. That universe is SEC-reporting operating companies and contains no SIC 6000–6799 registrant, so no charge under this agreement entitles you to a family pack; a family deliverable is scoped, quoted and agreed separately. Where we do deliver one, three things bind us as terms of this agreement rather than as presentation choices:
Valuation multiples (EV/Revenue, EV/EBITDA, P/E, P/B) ARE computed, from a share price you supply: we contribute every non-price input and cite each one to its filing, and you remain responsible for the price. If your requirement falls outside that scope, tell us before you subscribe and we will say so rather than take your money.
Your subscription renews automatically. It runs for 12 months from the day your payment clears, and on each anniversary it renews for a further 12 months and your payment method is charged again, unless you cancel before that date. If what you bought was instead a single fixed term rather than a recurring plan, your receipt says so in as many words, nothing renews and nothing further is charged — we do not leave that to be inferred from silence.
What you will be charged on renewal: the same annual price shown on your original order — $2,000 per year — in USD, plus any tax the merchant of record is required to collect. We do not raise the price of an existing subscription without notice: if we change your renewal price, we will tell you in writing at least 30 days before it takes effect, and you may cancel within that period so that it never applies to you.
You get a reminder before every charge. Between 30 and 45 days before each renewal date we email you the renewal date, the exact amount, the payment method to be charged, and a one-click cancellation link. It is sent automatically to the address on your subscription, and it is a term of this agreement rather than a courtesy.
There is no minimum commitment beyond the term you have already paid for, and no cancellation fee.
Cancelling is self-serve and takes one click and one confirmation. You never have to speak to a person, answer a retention question, fill in a form, or ask us to do it for you. Either of these turns off auto-renewal on your CompsDesk record — we will not start a new term:
If you would rather not use either, email hello@compsdesk.com from your billing address and we will action it by hand within one business day. That route is a fallback for when you want it, not the way in — we will never require it of you.
Your cancellation is recorded the moment you confirm it: auto-renewal is switched off on your CompsDesk record and we will not start a new term. Your access continues for the remainder of the term you have already paid for — cancelling does not cut off a term you are mid-way through, does not reduce what your plan includes for the rest of it, and does not by itself entitle you to a refund of that term (see Refunds). Because your payment provider is our merchant of record and holds its own copy of this subscription, open the receipt from your original purchase and use its manage-subscription link to stop the recurring charge on their side as well. If a charge reaches you after your current term has ended, email hello@compsdesk.com and we will refund it in full. We send written confirmation of every cancellation by email, automatically, whichever route you used.
Accuracy refund: if a pack materially misstates its cited sources, or was not delivered as described, and you tell us within 14 days of the charge that opened the term, we cancel the subscription and refund that charge in full. The condition is accuracy against the cited filing — it is not a general change-of-mind window, and we say so plainly rather than implying more.
Free reissue, always and without a time limit: if any figure in a pack does not match its cited filing, we verify it against the source and reissue the pack at no charge. This is a standing commitment printed in every pack and is separate from — and not limited by — the 14-day refund window.
Refunds are returned to the original payment method by our merchant of record.
Your plan covers a stated number of named seats — individuals at your organisation who may request packs. Seats are named rather than concurrent, and may be reassigned when someone leaves. Packs are licensed to the subscribing business for internal use (boards, management, and client advisory with attribution). No public redistribution or resale of the packs themselves, and no sharing of seat credentials outside your organisation.
We compute from what companies filed. We do not warrant that a filing is itself correct, that a company's chosen accounting presentation is comparable to a peer's, or that a pack is fit for a particular regulatory or transactional purpose. Values failing plausibility bounds are shown as "n.m." and excluded from statistics rather than rewritten. Suspected filing artifacts may cause a request to be held for review, in which case we tell you why and the rest of your subscription is unaffected.
We store what is needed to operate your subscription and generate your packs: your billing email and organisation, your seats, and your requests (ticker, peer set, delivery address). We do not sell customer data and we do not run ad tracking. We use a privacy-respecting analytics measurement of page traffic. Payments are processed by our merchant of record under their terms; we never see or store card data. You can ask us for a copy of what we hold about you, or ask us to delete it, at hello@compsdesk.com; deletion ends any active subscription because we can no longer identify your entitlement.
Packs are provided "as is"; you remain responsible for the decisions you make with them. To the maximum extent permitted by law, our total aggregate liability arising out of or relating to the service is capped at the fees you paid us in the 12 months preceding the event giving rise to the claim. This cap is set to 12 months deliberately, because subscriptions are billed annually in advance and a shorter reference period would leave a client who prepaid a full year with no meaningful remedy later in that year. We are not liable for indirect or consequential loss, or for lost profits.
We may update these terms. Material changes affecting an active subscription are emailed to subscribers at least 30 days before they take effect, and you may cancel within that window if you do not accept them. Changes never apply retroactively to a term you have already paid for.
The operator's full legal name and registered address appear on every payment receipt and are available on request at hello@compsdesk.com. Billing, invoicing and tax collection are handled by our merchant of record, who is the seller of record for the transaction.
These terms are governed by the laws of India, and the courts at Panipat, Haryana, India have exclusive jurisdiction over any dispute arising from them. This covers your relationship with us — the service, the data and these terms. It does not cover the payment itself: our merchant of record is the seller of record for the transaction, and that part of the relationship runs under their terms, which may specify a different forum.
Before anyone involves a court: email hello@compsdesk.com. Every dispute we can imagine at this scale is a figure that looks wrong or a charge you did not expect, and both are things we would rather fix in an afternoon than argue about.
The subscription carries no uptime guarantee. We would rather say that plainly than publish a number we have not measured for long enough to stand behind. The service runs on a single virtual server; it is monitored every five minutes, alerts reach a human, and data is backed up nightly and restored from weekly to prove the backups work. That is the operational reality, and it is what you are buying.
What we do commit to: if the service is unavailable for more than 72 consecutive hours, email us and we will extend your subscription by the outage, or refund it pro rata, at your choice.
If you need a written SLA with defined targets and credits, ask before you buy. We will not pretend the standard subscription comes with one.
Planned interruptions. The warehouse is rebuilt nightly. During a rebuild the API continues serving the last published extract, so a rebuild is not an outage — but it does mean the newest filings appear the following day, not the moment they are filed.
What we hold about you: your email address, your plan and period, and the metadata of your orders and requests (which company you benchmarked, and when). That is the whole list.
What we do not hold: we take no payment details — the merchant of record does, and we never see a card number. We do not ask for, and have no use for, your customers' data.
Figures you send us. There is no workflow that takes your own figures into a pack or into any statistic: every number we publish is a fact filed with the SEC, cited to its filing, so nothing you send us can appear in a deliverable. If you email us figures anyway, we do not use them for anything, we never pool them into any output, and we delete them on request.
The benchmark data itself is public. Everything in the warehouse comes from SEC EDGAR filings, which are public records. Nothing about the companies we cover is personal data.
Retention. Entitlement and order records are kept while your subscription is live and for seven years afterwards, because they are tax and accounting records. Request logs are kept for two years. Email hello@compsdesk.com to ask for a copy of what we hold, a correction, or deletion of anything not legally required to be retained; we answer within 30 days.
If you are in the UK or EU and need a data processing agreement, ask and we will sign one.
Our subprocessors, in full:
Outbound email is sent from our own server, not a third-party sending service. There is no other party in the chain. If we add one, this list changes before they receive anything.
Subscriber sign-in — your console, where packs are requested and cancellation is one click.