COMP <GO>

RDDT vs AAPL // 10Y YIELD & FRED MACRO BETA

Reddit Inc. (NYSE) VS. Apple Inc. (NASDAQ) • 15-METRIC TALLY: RDDT 5 — AAPL 9

▲ 10Y YIELD & FRED MACRO BETA LEADER: RDDT

LAST: $91.73 (-29.22%) • MKT CAP: $24.93B

macro-sensitivity

1.42

LAST: $344.63 (-1.23%) • MKT CAP: $5.03T

macro-sensitivity

1.14

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RDDT VS. AAPL) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	RDDT	AAPL	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	91.20%	48.65%	+42.55	RDDT	/gross-margins <GO>
Return on Invested Capital (ROIC)	16.60%	81.38%	-64.78	AAPL	/roic <GO>
EV/EBITDA & P/E Valuation	53.9x	30.1x	+23.79	AAPL	/valuation <GO>
Free Cash Flow Yield	2.74%	2.72%	+0.02	RDDT	/fcf-yield <GO>
Operating Margin	20.10%	33.17%	-13.07	AAPL	/operating-margins <GO>
Net Profit Margin	24.10%	27.62%	-3.52	AAPL	/net-margins <GO>
Revenue Growth (YoY)	69.40%	14.24%	+55.16	RDDT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.31%	-0.31	AAPL	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	26.00	13.54	+12.46	RDDT	/balance-sheet <GO>
Piotroski F-Score Quality	9/9	9/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	8.30%	5.76%	+2.54	AAPL	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	17.4	55.4	-37.90	AAPL	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	1.42	1.14	+0.28	RDDT	/macro-sensitivity <GO>
Forward P/E Multiple	39.5x	35.3x	+4.16	AAPL	/forward-pe <GO>
Enterprise Scale & Market Cap	$24.93B	$5.03T	-$5.00T	AAPL	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	RDDT REV	AAPL REV	RDDT GROSS %	AAPL GROSS %	RDDT FCF	AAPL FCF
FY 2025	$2.20B	$416.16B	91.2%	46.9%	$684.2M	$98.77B
FY 2024	$1.30B	$391.04B	90.5%	46.2%	$215.8M	$108.81B
FY 2023	$804.0M	$383.29B	44.0%	44.1%	-$111.3M	$99.58B
FY 2022	—	$394.33B	—	43.3%	—	$111.44B
FY 2021	—	$365.82B	—	41.8%	—	$92.95B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

RDDT // BETA 1.42

AAPL // BETA 1.14