Research, Forensic

Time to UnPLUG and Read the Footnotes

Dan Mahoney, CFA, CPA, Executive Director of Forensic Research
01 January 1970


We are adding PLUG to our Biggest Concerns List based on 1) rising days sales in receivables coupled with declining days sales in deferred revenues, 2) reliance on sale/leaseback transactions to generate profit, 3) negative free cash flow, and 4) governance concerns including insider selling, executive compensation changes, and discrepancies in SEC filings.

Want to learn more? Download the Report.


Forensic Accounting Research
Understand implications of public company financial reporting.
Fundamental Equity Research
Gain a comprehensive view of global themes, industries, and companies.