EDGR-Only Pure Play on XBRL
I wish I read this in november
The market's instant reaction to the company's report has created what may be a short-lived opportunity to acquire shares in the only publicly-traded pure play on XBRL.
Not only does EDGAR Online have a unique 10-year+ XBRL-formatted deep database of all SEC-reporting companies, the company has developed advanced, high-end data analytics products for the financial information marketplace. For example, leading enterprise performance management companies like Oracle (ORCL) and SAP (SAP) have embedded the company's XBRL processing engine in their financial-close programs. And, the company has technology partnerships worldwide that provide XBRL data and solutions to leading financial companies and government organizations.
The company has three main areas of analytic products:
Capital Markets (3:02 video)
Risk and Compliance (2:25 video)
Data and Analytics
Unlike the last ten years---when EDGAR Online was promoting the XBRL standard worldwide with regulators---the company is now stepping up the delivery of its advanced data and financial analytic products. In Thursday's conference call management stated they will be introducing new XBRL-based software products, they have partnered with OTC Markets Group on development of a proprietary non-SEC-reporting company database, and has successfully expanded its sales force. Management also hinted that they are involved in developing XBRL in the life sciences area.
Important Intellectual Property related to XBRL Methods
EDGAR Online's patent application entitled "Method for Searching Data Elements on the Web Using a Conceptual Metadata and Contextual Metadata Search Engine" might well be a blockbuster (if granted) since data search could solve many of the elusive problems in current text and semantic search methods. The company is now expanding its proprietary search methods incorporated in its I-Metrix financial analytic tool, and Oracle has embedded the UBmatrix XBRL Engine to support the queryability of its XBRL data repository. See patent grants for a further discussion of EDGAR Online's intellectual property.
Notwithstanding the granted and applied-for U.S. Patents related to XBRL, EDGAR Online's most valuable asset is its proprietary know-how and search methods for using its deep XBRL database of SEC-reporting companies' financial data.
EDGAR Online Experiences 306 Percent Growth in XBRL Filings in Q4 2011, Overall Increase of 113 Percent in 2011 Press Release: EDGAR Online, Inc. – Tue, Jan 17, 2012 8:00 AM EST
EDGAR Online Reports 2011 Revenue Growth of 43 Percent Over 2010
2012 Revenue Growth Targeted at Over 35 Percent Press Release: EDGAR Online, Inc. – Fri, Mar 2, 2012 7:00 AM EST
"I am pleased to report that EDGAR Online experienced tremendous growth in 2011," said Robert J. Farrell, EDGAR Online's president and CEO. "In addition to generating record revenues for the year, we implemented the infrastructure and added the human talent necessary to support future growth and product evolution. The value propositions embodied in our data & analytics products, disclosure management solutions, and software businesses position EDGAR Online to expand and gain market share. In 2012 we will leverage our industry recognized expertise in XBRL and disclosure management to deliver innovative solutions to professionals who both produce and consume financial information, with a particular focus on the areas of governance, risk and compliance."
And here is what stock trade on: Future Earnings and Growth
Business Outlook
Based upon existing customer contacts for XBRL filings services and improving prospects for our data and solutions and subscriptions businesses, EDGAR Online is targeting annual revenue growth in excess of 35 percent in 2012 over 2011.
EDGAR® Online (NASDAQ: EDGR - News) provides financial data, analytics and disclosure management solutions to help corporations and institutional investors facilitate compliance and management of regulatory disclosure filings. In addition to developing a variety of unique as-reported and normalized data sets, EDGAR Online is an industry leader in XBRL (eXtensible Business Reporting Language) processing. Thousands use the company's solutions, including U.S. public companies, mutual funds, leading financial analysts and institutional investors, as well as global regulators such as the FDIC, Banque de France and the U.S. Securities and Exchange Commission. The company delivers its solutions through an extensive network of partners, including Business Wire, LexisNexis®, NASDAQ OMX, Oracle, PR Newswire, RR Donnelley and SAP.
Market Data 
Markets 
AI
