olivLaw · US equity research
Pattern Group Inc. PTRN
Retail-Catalog & Mail-Order Houses · SIC 5961 · Vertical: Retail-Catalog & Mail-Order Houses (SIC 5961)
Pattern Group Inc. is an ecommerce acceleration platform that buys products from consumer brands and sells them directly on global marketplaces, using proprietary AI-driven technology and data. Revenue grew 39% in 2025 to about 2501 million USD, and the first quarter of 2026 showed further acceleration, making the company relevant for investors following AI-led ecommerce, though dependence on Amazon remains very high.
At the close of 04 Nov 2026, Pattern Group Inc. (PTRN) stock was 17.68 USD (+4.49% on the day), with beta 1.55, 52-week range 9.59–29.40 USD. Latest reported quarter (Q2 2026): revenue of 876.8 m USD (+46.6% YoY), net income of 27.5 m USD (+15.6% YoY), diluted EPS 0.15 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 52.3
- neutral
- Bollinger (20, 2)
- 15.76 – 18.54
- in the upper half of the band · %B 0.69 · band width 16.2%
- SMA 50 / 200
- 18.40 / 17.51
- mixed trend
- MACD (12, 26, 9)
- -0.43 / -0.58
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +1.6% | −1.1% | +2.6 pp | — |
| 3 months | −25.2% | −0.5% | −24.7 pp | — |
| 6 months | +24.1% | +4.4% | +19.7 pp | — |
| Year to date | +53.2% | +12.3% | +40.9 pp | — |
| 1 year | +5.2% | +13.5% | −8.4 pp | −2.6% |
| 3 years | unavailable | +76.4% | unavailable | +14.1% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 439.4 m | 515.5 m | 540.4 m | 598.2 m | 639.7 m | 723.1 m | 773.7 m | 876.8 m |
| Cost of revenue | 249.0 m | 295.0 m | 304.6 m | 341.3 m | 356.1 m | 408.8 m | 433.5 m | 492.4 m |
| Research & development | 4.1 m | 5.3 m | 5.6 m | 6.5 m | 24.6 m | 9.6 m | 11.2 m | 13.0 m |
| Operating income | 17.7 m | 23.1 m | 29.4 m | 30.1 m | -60.2 m | 26.0 m | 39.6 m | 35.5 m |
| Depreciation & amortisation | 3.1 m | 3.9 m | 4.0 m | 3.4 m | 3.7 m | 4.3 m | 5.4 m | 4.4 m |
| Income tax | 5.2 m | 6.0 m | 8.0 m | 8.1 m | -32.2 m | -838.0 k | 12.3 m | 10.0 m |
| Net income | 14.2 m | 18.2 m | 22.8 m | 23.8 m | -59.1 m | 28.7 m | 29.2 m | 27.5 m |
| Diluted EPS | 0.09 | 0.20 ≈ | 0.17 | 0.18 | -2.19 | 0.16 ≈ | 0.16 | 0.15 |
| Operating cash flow | — | 1.5 m | 48.4 m | 2.0 m ≈ | 40.5 m ≈ | 8.5 m | 72.6 m | 14.7 m ≈ |
| Capex | — | 6.4 m | 5.2 m | 5.4 m ≈ | 4.6 m ≈ | 5.3 m | 9.3 m | 10.9 m ≈ |
| Share repurchases | — | — | 0 | 0 ≈ | — | — | 3.6 m | 94.0 k ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 1.4 bn | 1.8 bn | 2.5 bn |
| Revenue YoY | unavailable | +31.5% | +39.3% |
| Net income | 41.3 m | 67.9 m | 16.2 m |
| Net income YoY | unavailable | +64.4% | −76.1% |
| Diluted EPS | 0.22 | 0.47 | -1.36 |
| Diluted EPS YoY | unavailable | +113.6% | −389.4% |
| net % | 3.0% | 3.8% | 0.6% |
| Free cash flow | 27.0 m | 49.9 m | 78.9 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 289.0 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 581.0 m USD
- Total assets
- 947.6 m USD
- Debt / equity
- unavailable
- Current ratio
- 2.34x
- ROE
- 4.7%
- ROA
- 2.0%
- FCF margin
- 3.2%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 1.4 bn | 1.8 bn | 2.5 bn | SEC (XBRL)· 06 Mar 2026verified |
| Cost of revenue | 765.2 m | 1.0 bn | 1.4 bn | SEC (XBRL)· 06 Mar 2026verified |
| Gross profit | 601.2 m ≈ | 781.3 m ≈ | 1.1 bn ≈ | SEC (XBRL)· 06 Mar 2026derived |
| Research & development | 14.6 m | 18.0 m | 46.3 m | SEC (XBRL)· 06 Mar 2026verified |
| Operating income | 52.8 m | 87.2 m | 25.4 m | SEC (XBRL)· 06 Mar 2026verified |
| Depreciation & amortisation | 12.1 m | 14.8 m | 16.8 m | SEC (XBRL)· 06 Mar 2026verified |
| EBITDA | 64.9 m ≈ | 102.0 m ≈ | 42.2 m ≈ | SEC (XBRL)· 06 Mar 2026derived |
| Interest expense | 33.0 k | 98.0 k | 231.0 k | SEC (XBRL)· 06 Mar 2026verified |
| Pre-tax income | 56.3 m | 91.2 m | -794.0 k | SEC (XBRL)· 06 Mar 2026verified |
| Income tax | 15.1 m | 23.4 m | -17.0 m | SEC (XBRL)· 06 Mar 2026verified |
| Net income | 41.3 m | 67.9 m | 16.2 m | SEC (XBRL)· 06 Mar 2026verified |
| Diluted EPS | 0.22 | 0.47 | -1.36 | SEC (XBRL)· 06 Mar 2026verified |
| Weighted average diluted shares | 90.8 m | 90.8 m | 115.0 m | SEC (XBRL)· 06 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 127.2 m | 175.6 m | 289.0 m | SEC (XBRL)· 06 Mar 2026verified |
| Receivables | — | 106.9 m | 177.2 m | SEC (XBRL)· 06 Mar 2026verified |
| Inventories | — | 264.1 m | 294.7 m | SEC (XBRL)· 06 Mar 2026verified |
| Current assets | — | 558.1 m | 792.6 m | SEC (XBRL)· 06 Mar 2026verified |
| Property, plant & equipment, net | — | 35.0 m | 41.1 m | SEC (XBRL)· 06 Mar 2026verified |
| Goodwill | 25.9 m | 25.9 m | 37.8 m | SEC (XBRL)· 06 Mar 2026verified |
| Intangibles (excl. goodwill) | — | 6.9 m | 16.7 m | SEC (XBRL)· 06 Mar 2026verified |
| Total assets | — | 664.4 m | 947.6 m | SEC (XBRL)· 06 Mar 2026verified |
| Accounts payable | — | 211.6 m | 275.0 m | SEC (XBRL)· 06 Mar 2026verified |
| Current liabilities | — | 257.7 m | 338.5 m | SEC (XBRL)· 06 Mar 2026verified |
| Total liabilities | — | 285.1 m | 366.6 m | SEC (XBRL)· 06 Mar 2026verified |
| Equity | 42.4 m † | 108.7 m † | 581.0 m † | SEC (XBRL)· 06 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 41.5 m | 70.3 m | 99.4 m | SEC (XBRL)· 06 Mar 2026verified |
| Capex | 14.5 m | 20.5 m | 20.5 m | SEC (XBRL)· 06 Mar 2026verified |
| Free cash flow | 27.0 m ≈ | 49.9 m ≈ | 78.9 m ≈ | SEC (XBRL)· 06 Mar 2026derived |
| Investing cash flow | -14.5 m | -20.4 m | -39.8 m | SEC (XBRL)· 06 Mar 2026verified |
| Financing cash flow | 0 | -2.9 m | 53.7 m | SEC (XBRL)· 06 Mar 2026verified |
| Share repurchases | 0 | 2.9 m | 0 | SEC (XBRL)· 06 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 22.9% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: unavailable
Key indicators
Coverage and freshness
Score by group
23% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 22.9% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 0.9% | 57 (vs peers) | 27% |
| FCF conversion · Quality | 402.4% | 100 (on a fixed band) | 27% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 177.4x | 100 (on a fixed band) | 27% |
| Current ratio · Balance sheet | 2.4x | 100 (on a fixed band) | 18% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet100/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality79/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Pattern Group Inc. (PTRN). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 2.5 bn USD in 2025; YoY growth 39.3%; net margin 0.9%; ROE 6.6%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 22.9% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- FCF conversion: 402.4%
- Interest coverage: 177.4x
- Current ratio: 2.4x
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Retail-Catalog & Mail-Order Houses (SIC 5961) · same industry (4-digit SIC) · compared with 28 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| AMZNAmazon.com, Inc. | 2,876.6 bn | 21.5 | 27.4% | 16.9% | +12.4% | +14% / +82% |
| CDWCdw Corp | 21.1 bn | 19.7 | 42.5% | 4.5% | +6.8% | +17% / −20% |
| NSITInsight Enterprises, Inc. | 5.2 bn | 25.7 | 13.1% | 2.5% | −5.2% | +103% / +16% |
| JMIAJumia Technologies AG | 1.3 bn | — | -108.9% | -32.6% | +12.8% | −57% / +60% |
| BZUNBaozun Inc. | 597.0 m | — | -6.6% | -2.4% | +10.2% | +21% / +16% |
| LITBLightInTheBox Holding Co., Ltd. | 590.4 m | 68.0 | — | 3.7% | −12.1% | +42% / −63% |
| GCTGigacloud Technology Inc | 539.8 m | 13.7 | 32.3% | 10.6% | +11.1% | +56% / +495% |
| HNSTThe Honest Company, Inc. | 476.3 m | — | -6.9% | -3.6% | −1.9% | +65% / +86% |
| TDUPThredUp Inc. | 290.9 m | — | -39.2% | -6.9% | +19.5% | −71% / +12% |
| DIBS1stdibs.com, Inc. | 186.9 m | — | -9.2% | -8.5% | +1.5% | −3% / +30% |
| NXHNeighborhood Intelligence, Inc. | 163.0 m | — | -47.0% | -7.1% | −25.1% | −72% / −91% |
| AKAa.k.a. Brands Holding Corp. | 116.0 m | — | -29.5% | -4.8% | +4.4% | −26% / +9% |
| SFIXStitch Fix, Inc. | 79.5 m | — | -6.3% | -0.9% | +6.4% | −31% / −21% |
| HOURHour Loop, Inc. | 53.9 m | 37.0 | 21.8% | 1.1% | +3.0% | −28% / +3% |
| GROVGrove Collaborative Holdings, Inc. | 47.4 m | — | — | -4.1% | −14.6% | −19% / −44% |
| LVLULulu’s Fashion Lounge Holdings, Inc. | 31.0 m | — | -602.9% | -3.2% | −10.6% | +107% / −74% |
| UZXLinkage Global Inc | 21.7 m | — | -63.1% | -144.5% | −50.5% | −98% / unavailable |
| GIFTGiftify, Inc. | 21.1 m | — | -36.2% | -8.8% | −6.5% | −47% / −85% |
| CHWYChewy, Inc. | 2.3 k | 35.3 | 72.0% | 2.1% | +6.2% | −33% / +34% |
| QVCGQVC Group, Inc. | 8 | — | -6.3% | -0.2% | −7.8% | unavailable / unavailable |
| PTRNPattern Group Inc. | — | — | 6.6% | 0.9% | +39.3% | +5% / unavailable |
| HEPSD-MARKET Electronic Services & Trading | — | — | -39.7% | -2.8% | +11.1% | +19% / +100% |
| LUXELuxExperience B.V. | — | — | 63.3% | 45.2% | +50.1% | +7% / +224% |
| VIPSVipshop Holdings Limited | — | 1.4 | 18.3% | 6.8% | +2.0% | −30% / −14% |
| WWayfair Inc. | — | — | — | -1.2% | +5.1% | +12% / +121% |
1- and 3-year price returns: for PTRN from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Pattern Group Inc. is an ecommerce acceleration platform that buys products from consumer brands and sells them directly on global marketplaces, using proprietary AI-driven technology and data. Revenue grew 39% in 2025 to about 2501 million USD, and the first quarter of 2026 showed further acceleration, making the company relevant for investors following AI-led ecommerce, though dependence on Amazon remains very high 13.
SWOT
Strengths
- The company has an extensive data set and a direct purchasing model that aligns its interests with partner brands 1.
- Partner relationships are durable, and a significant part of revenue comes from partners that have worked with the company for more than five years 1.
- Recent results show accelerating growth and high retention, suggesting the model scales well 3.
Weaknesses
- Near-total dependence on one marketplace makes revenue vulnerable to policy changes or account suspensions 1.
- Operating margins are under pressure from marketplace fees and logistics costs, and net income fell in 2025 compared with 2024 1.
- The dual-class structure concentrates voting control with the co-founders, limiting the influence of other shareholders 1.
Opportunities
- Expansion outside the United States and onto non-Amazon marketplaces could reduce dependence and support growth 13.
- Monetizing SaaS and fulfillment services could diversify revenue if these lines gain relevance 1.
- The global ecommerce market is large and growing, leaving room for more brand partners 1.
Threats
- A shift of consumers toward AI assistants that bypass marketplaces could reduce the value of the platform 13.
- Trade tensions and tariff changes could raise supply costs for partner brands 1.
- Restrictions on data collection and scraping could limit access to data essential to the company's technology 1.
Risks
- Dependence on Amazonhigh
Nearly all revenue comes from Amazon, and any change in the relationship, suspension or disruption of that marketplace could seriously affect results 1.
- Changeable marketplace termshigh
Marketplace relationships are generally terminable at any time and policies can be changed unilaterally, with disputes usually resolved through arbitration 1.
- Data and scrapingmedium
The technology relies on data collected partly through scraping, exposing the company to legal, privacy and reputational risks 1.
- Dependence on founders and key staffmedium
The company depends on its co-founders and senior management, and a personal separation between co-founders was flagged as a risk that could affect the business 1.
- Control through share structuremedium
Concentrated voting at the co-founder level limits outside shareholders' influence over decisions, and the company is a controlled company 1.
Investment thesis
What would need to be true (bull case)
- If coming quarters confirm accelerating non-Amazon and international revenue, diversification could reduce the company's main risk 3.
- High partner retention and rising net revenue retention could support long-term growth 13.
- If the data and AI-based model proves effective at scale, its competitive advantage could become harder to replicate 1.
What would break the thesis
- Near-total dependence on one marketplace could expose the company to a sudden shock if the relationship or policies change 1.
- If pressure on margins from fees and logistics persists, profitability could remain under strain even as revenue grows 1.
- If AI shopping assistants bypass marketplaces, the intermediary model could lose value 13.
What to watch
- Delivery against full-year 2026 revenue and adjusted EBITDA guidancenext 10-K
- Development of non-Amazon and international revenue as a share of totalQ2 2026
- Level of dependence on Amazon in upcoming reportsQ1 2027
- Marketplace policy changes and their effect on seller accounts2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Pattern presents itself as an ecommerce acceleration platform operating across more than 70 marketplaces and aiming at consumer sales in more than 100 countries, relying on a data set of more than 66 trillion data points and machine learning and AI models 1. The business model differs from an agency: the company buys inventory from brand partners at predetermined prices and sells directly to consumers, so its revenue is tied to product sales rather than fixed fees 1. The platform is organized into traffic, conversion, price and availability engines plus an insights engine, which the company says work together to optimize every lever of ecommerce 1.
The company is supported by about 480 technology professionals at year end 2025, a number that rose to about 510 in the 2026 quarterly report 12. Its stated goal is to help consumer product brands (health, beauty, home, pet, sports, electronics) navigate the complexity of selling on marketplaces, and it says its advantage rests on data and long-term partner relationships 1.
The company is listed on Nasdaq, and its filings show a dual-class structure with Series A and Series B common stock, through which co-founders and their affiliates concentrate voting control; the company describes itself as a controlled company with reduced governance requirements 13. This matters for investors because it limits the influence of minority shareholders over corporate decisions 1.
Segments
Consumer product sales on marketplaces
This is the main revenue source: the company buys products from brands and sells them to consumers on marketplaces, representing the substantial majority of revenue, which reached 2501 million USD in 2025 1. Dependence on Amazon is very high, with Amazon generating 93% of revenue in 2025 1.
SaaS, fulfillment and consulting services
The company is diversifying through SaaS tools such as PXM and Creators, marketplace preparation and fulfillment services, and consulting and design for brands; these lines are still developing and the consulted sources give no separate revenue share for them 1. The filings indicate an intent to grow this component, without dedicated figures for each line 1.
Market context
The global ecommerce market is estimated at roughly 4 trillion USD, forecast to grow at a compound annual rate of 9.5% between 2026 and 2030, which means more than 500 billion USD of annual growth 1. The source also states that ecommerce grows several times faster than non-ecommerce retail, which supports demand for acceleration services 1.
The market is fragmented and dominated by large marketplaces that can change their rules, so the addressable market depends on the company's ability to extend brands onto new channels; the company says its current portfolio of over 200 brands represents only a small part of the market that could benefit from its solutions 1.
Trends
- AI-driven ecommerce growthmixed
The company says AI is reshaping ecommerce and could accelerate global penetration while making the landscape more complex for brands, which could favor platforms that automate optimization 3. If consumers adopt AI shopping assistants that bypass marketplaces, the company's model could be affected, a risk it names explicitly 13.
- International and non-Amazon expansiontailwind
In the first quarter of 2026, non-Amazon revenue grew 119% and international revenue grew 101%, which could reduce dependence on a single marketplace if the trend continues 3. This is a positive signal, but the base is still small compared with Amazon revenue 13.
- Trade tensions and tariffsheadwind
The sources mention political instability, shifts in trade policy and tariffs, particularly between the United States and China, as factors that could affect costs and supply chains 13. The impact depends on the sourcing structure of partner brands.
- Acquisition costs and marginsmixed
Rising customer acquisition costs, marketplace fees and logistics expenses put pressure on margins, which the company notes are relevant for profitability 1. However, first-quarter data shows adjusted EBITDA growing, suggesting effective cost management 3.
Competitive position
Pattern competes with agencies and marketplace technology providers that charge fees, retainers or a share of advertising spend, as well as with brands that choose to manage sales themselves 1. The company differentiates through its direct inventory purchasing model and its data set, but the sources do not list a complete set of listed competitors 1.
The competitive advantage depends on maintaining relationships with marketplaces, which can terminate or change policies at will, and the sources give no comparative market shares 1. Competition from unauthorized sellers or brands' own channels can affect pricing and brand control 1.
- Marketplace agencies and ecommerce service providers
The sources describe agencies that charge fees, retainers or advertising percentages, without naming US-listed firms 1.
- Marketplace management technology providers
The company mentions fragmented tools for advertising, inventory and analytics, without identifying specific providers in the consulted sources 1.
- Brands selling directly on marketplaces
Brands that manage their own sales are an alternative, and the risk arises when they lack the necessary expertise 1.
- Unauthorized marketplace sellers
Unauthorized sellers can weaken pricing and brand reputation, a factor the company monitors with its price engine 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- This energy stock is forming a classic bullish cup-and-handle patternCNBC — Top News · 04 Nov 2026 · EN
- Bolivia declares state of emergency over El Nino weather patternAl Jazeera English · 01 Nov 2026 · EN
- BREAKING - Bolivia declares state of emergency over El Nino weather pattern, pre…Telegram — Insider Paper (EN, defense leaks) · 01 Nov 2026 · EN
- Why Ultra-Long-Haul Pilots Prefer An Uneven 4/6/2 Rest Pattern Over An Even Split On A 14.5-Hour FlightSimple Flying · 31 Oct 2026 · EN
- Murkowski calls for ‘truth’ from Peltola amid ‘pattern of lies and coverups’The Hill · 28 Oct 2026 · EN
- Ants prioritize brain energy during starvation, echoing pattern seen in humansPhys.org · 28 Oct 2026 · EN
- Connectome simulations identify a central pattern generator for fly walkingNature · 28 Oct 2026 · EN
- Swinging virtual lightsabers and punching improve pattern-based learning in VR testsPhys.org · 24 Oct 2026 · EN
- The S&P 500 is forming a bearish chart pattern. Can it snap out of it?CNBC — Top News · 23 Oct 2026 · EN
- China’s first aircraft carrier forms ‘evolving pattern’ of voyages in disputed Asian seasDefense News (US, EN) · 23 Oct 2026 · EN
- From buzzword to blueprint: Implementing zero trust on Red Hat OpenShift with the Layered Zero Trust Validated PatternRed Hat Blog · 22 Oct 2026 · EN
- NVIDIA Kumo Forecast Combines Pretrained Time-Series Representations with Historical Pattern Retrieval and InterpretabilityHugging Face Blog · 21 Oct 2026 · EN
- Acton responds to ad, says personal attacks ‘a lifelong pattern’ for RamaswamyThe Hill · 20 Oct 2026 · EN
- Surprising pattern emerges in reincarnation reportsPhys.org · 20 Oct 2026 · EN
- Java sealed classes and exhaustive pattern matchingHacker News · 18 Oct 2026 · EN
- Pattern Matching Beats Narrative ReasoningHacker News · 17 Oct 2026 · EN
- Mechanistic versus descriptive interpretation of brain activity pattern reconstructionPNAS · 15 Oct 2026 · EN
- Colorado River drought drives unprecedented pattern of groundwater lossPhys.org · 13 Oct 2026 · EN
- Show HN: An experimental pattern-first DAW that supports MCPHacker News · 12 Oct 2026 · EN
- Atlantic weather pattern shaped southern Greenland's rain and snow for millennia, sediments revealPhys.org · 08 Oct 2026 · EN
SEC filings
- Current report04 Nov 2026Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report05 Aug 2026Financial statements and exhibits
- Current report (amendment)02 Jun 2026Shareholder vote
- Current report21 May 2026Shareholder vote
- Quarterly report07 May 2026
- Current report06 May 2026Results of operations · Financial statements and exhibits
- Proxy statement01 Apr 2026
- Current report18 Mar 2026Departure or appointment of officers
- Annual report06 Mar 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Pattern Group Inc. · 06 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Pattern Group Inc. · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Pattern Group Inc. · 06 May 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.