COMP <GO>
XNET vs EXFY // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Xunlei Limited (NASDAQ) VS. Expensify Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: XNET 7
— EXFY 2
■ METRIC PARITY
LAST: $3.64 (+0.28%) • MKT CAP: $231.7M
options-implied-move
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LAST: $2.43 (-2.41%) • MKT CAP: $221.6M
options-implied-move
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (XNET VS. EXFY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | XNET | EXFY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 50.30% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 0.40% | -20.40% | +20.80 | XNET | /roic <GO> |
| EV/EBITDA & P/E Valuation | 10.4x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 11.71% | 9.06% | +2.65 | XNET | /fcf-yield <GO> |
| Operating Margin | 1.40% | -12.70% | +14.10 | XNET | /operating-margins <GO> |
| Net Profit Margin | 68.00% | -15.10% | +83.10 | XNET | /net-margins <GO> |
| Revenue Growth (YoY) | 42.50% | 2.10% | +40.40 | XNET | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.75 | 2.33 | -0.58 | EXFY | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | XNET | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 23.9 | 50.6 | -26.70 | EXFY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $231.7M | $221.6M | $10.1M | XNET | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | XNET REV | EXFY REV | XNET GROSS % | EXFY GROSS % | XNET FCF | EXFY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $460.4M | $142.1M | 47.2% | 50.3% | $27.1M | $20.1M |
| FY 2024 | $323.1M | $139.2M | 51.9% | 53.9% | $22.9M | $23.9M |
| FY 2023 | $363.7M | $150.7M | — | — | $25.7M | $1.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
XNET // BETA —
EXFY // BETA —