olivLaw · US equity research
J and Friends Holdings Limited JF
Services-Computer Programming, Data Processing, Etc. · SIC 7370 · Vertical: Services-Computer Programming, Data Processing, Etc. (SIC 7370)
J and Friends Holdings Limited (JF), formerly Pintec Technology, has exited its China financing business and is repositioning as a merchant digitalization company, offering cloud point-of-sale, payment and business management software to SMEs, mainly in Australia. The transition is at an early stage, with fiscal 2025 revenues of only 1,598 thousand USD and a consistent operating loss.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, J and Friends Holdings Limited (JF) stock was 0.95 USD (−3.06% on the day), with market capitalisation 68.4 m USD, beta 0.34, 52-week range 0.84–1.22 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 51.3
- neutral
- Bollinger (20, 2)
- 0.88 – 0.99
- in the upper half of the band · %B 0.61 · band width 11.5%
- SMA 50 / 200
- 0.95 / 0.97
- mixed trend
- MACD (12, 26, 9)
- -0.00 / -0.01
- 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 | +3.3% | −2.0% | +5.3 pp | — |
| 3 months | +10.5% | −2.2% | +12.6 pp | — |
| 6 months | −5.9% | +4.3% | −10.2 pp | — |
| Year to date | +4.4% | +10.6% | −6.2 pp | — |
| 1 year | −5.9% | +10.5% | −16.4 pp | −21.0% |
| 3 years | −15.9% | +73.7% | −89.6 pp | +5.6% |
| 5 years | −78.2% | +61.7% | −139.9 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 153.1 m | 184.6 m | 58.0 m | 27.2 m | 10.8 m | 7.4 m | 4.8 m | 1.6 m |
| Revenue YoY | unavailable | +20.6% | −68.6% | −53.1% | −60.2% | −31.2% | −35.3% | −66.8% |
| Net income | 315.0 k | -130.1 m | -45.0 m | -16.0 m | -27.6 m | -11.1 m | -2.1 m | -1.3 m |
| Net income YoY | unavailable | −41,409.8% | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS | unavailable | unavailable | unavailable | unavailable | -0.09 | -0.02 | -0.00 | -0.00 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | 0.2% | -70.5% | -77.7% | -58.7% | -255.0% | -148.5% | -44.6% | -82.9% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 945.0 k USD
- Financial debt
- 1.8 m USD
- Net debt
- 855.0 k USD
- Equity
- 6.1 m USD
- Total assets
- 9.3 m USD
- Debt / equity
- 0.30x
- Current ratio
- 1.25x
- ROE
- unavailable
- ROA
- -11.3%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 58.0 m | 27.2 m | 10.8 m | 7.4 m | 4.8 m | 1.6 m | SEC (XBRL)· 24 Apr 2026verified |
| Cost of revenue | 43.8 m | 14.1 m | 9.1 m | 5.4 m | 1.8 m | — | SEC (XBRL)· 17 Apr 2025verified |
| Gross profit | 14.2 m | 13.1 m | 1.7 m | 46.0 k | 3.1 m | 1.1 m | SEC (XBRL)· 24 Apr 2026verified |
| Research & development | 5.8 m | 3.6 m | 2.3 m | 17.0 k | 311.0 k | — | SEC (XBRL)· 17 Apr 2025verified |
| Operating income | -31.7 m | -11.2 m | -11.8 m | 346.0 k | -294.0 k | -1.3 m | SEC (XBRL)· 24 Apr 2026verified |
| Depreciation & amortisation | 2.3 m | 1.9 m | 807.0 k | 267.0 k | — | 190.0 k | SEC (XBRL)· 24 Apr 2026verified |
| EBITDA | -29.4 m ≈ | -9.3 m ≈ | -11.0 m ≈ | 613.0 k ≈ | — | -1.2 m ≈ | SEC (XBRL)· 24 Apr 2026derived |
| Pre-tax income | -37.8 m | -16.0 m | -28.1 m | -5.7 m | -318.0 k | -807.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Income tax | 7.5 m | 1.1 m | 366.0 k | -2.0 m | 94.0 k | -65.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Net income | -45.0 m | -16.0 m | -27.6 m | -11.1 m | -2.1 m | -1.3 m | SEC (XBRL)· 24 Apr 2026verified |
| Diluted EPS | — | — | -0.09 | -0.02 | -0.00 | -0.00 | SEC (XBRL)· 24 Apr 2026verified |
| Weighted average diluted shares | 297.3 m | 299.7 m | 300.1 m | 494.7 m | 554.7 m | 582.0 m | SEC (XBRL)· 24 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 59.2 m | 31.6 m | 36.2 m | 5.7 m | 3.7 m | 945.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Receivables | 7.8 m | 5.8 m | 2.7 m | 222.0 k | 472.0 k | 325.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Inventories | — | — | — | — | — | 134.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Current assets | 110.5 m | 82.7 m | 56.4 m | 15.3 m | 12.9 m | 1.8 m | SEC (XBRL)· 24 Apr 2026verified |
| Property, plant & equipment, net | 16.4 m | 15.0 m | 13.0 m | — | — | 12.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Goodwill | — | — | — | — | — | 3.8 m | SEC (XBRL)· 24 Apr 2026verified |
| Intangibles (excl. goodwill) | 2.6 m | 1.6 m | 1.4 m | — | — | 3.7 m | SEC (XBRL)· 24 Apr 2026verified |
| Total assets | 150.0 m | 119.5 m | 76.7 m | 16.0 m | 14.2 m | 9.3 m | SEC (XBRL)· 24 Apr 2026verified |
| Accounts payable | 1.6 m | 3.4 m | 3.3 m | 703.0 k | 561.0 k | 137.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Short-term debt | 19.9 m | — | — | — | 250.0 k | 0 | SEC (XBRL)· 24 Apr 2026verified |
| Long-term debt | — | — | — | — | 0 | 1.8 m | SEC (XBRL)· 24 Apr 2026verified |
| Current liabilities | 79.9 m | 63.5 m | 76.3 m | 68.9 m | 67.6 m | 1.4 m | SEC (XBRL)· 24 Apr 2026verified |
| Total liabilities | 142.6 m | 129.7 m | 112.5 m | 69.6 m | 68.3 m | 3.3 m | SEC (XBRL)· 24 Apr 2026verified |
| Equity | 7.4 m | -10.2 m | -35.8 m | -53.6 m | -54.1 m | 6.1 m | SEC (XBRL)· 24 Apr 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 8.7 m | -5.1 m | -1.5 m | 1.2 m | -2.1 m | 146.0 k | SEC (XBRL)· 24 Apr 2026verified |
| Investing cash flow | 29.5 m | -18.7 m | 12.6 m | 5.0 m | -11.0 k | -5.3 m | SEC (XBRL)· 24 Apr 2026verified |
| Financing cash flow | -43.9 m | -20.8 m | -8.4 m | -36.3 m | 254.0 k | 1.6 m | SEC (XBRL)· 24 Apr 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 17 / 100
A scoring methodology on indicators and valuation, not investment advice.
score < 40
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 68.4 m USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet27
- Growth1
- Valuation0
- Quality49
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 0.01 – 0.13 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
- Peers: EV/Sales0.01 – 0.13 (Mid 0.03)14 companies used · median multiple 1.7x · quartiles 0.9x – 6.5xAPP, BMBL, DOCN, FLUT, GOOGL, HCAT, LGCL, MTCH, NIQ, RXT, SIFY, SNAP, TEAD, WB
- Peers: EV/EBITDAunavailable · the base of the ratio is not positive
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
Unattractive profile · Score 17/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 71.5% | 79 (on a fixed band) | 16% |
| EBIT margin · Quality | -83.9% | 11 (vs peers) | 13% |
| FCF margin · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | -47.1% | 0 (on a fixed band) | 25% |
| Revenue growth (YoY) · Growth | -66.8% | 3 (vs peers) | 13% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.3x | 27 (on a fixed band) | 9% |
| EV/Sales · Valuation | 43.3x | 0 (vs peers) | 25% |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial27/100 · 1/2 factors with a value
- Growth1/100 · 2/2 factors with a value
- Quality49/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/1 factors with a value
- Valuation· partial0/100 · 1/2 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
J & Friends Holdings Ltd (JF). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 1.6 m USD in 2025; YoY growth -66.8%; net margin -82.9%.
The estimated value range is 0.01–0.13 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 0.03 USD, the price of 0.95 USD leaves a potential of -97.2% (value / price − 1) and a margin of safety of -3,499.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 17/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance, returns, valuation. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Gross margin: 71.5%
What contradicts it
- EBIT margin: -83.9%
- Revenue CAGR 3Y: -47.1%
- Revenue growth (YoY): -66.8%
- Current ratio: 1.3x
- EV/Sales: 43.3x
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): FCF margin, Net debt / EBITDA, FCF yield, Shareholder yield (distributions).
Versus the vertical median
Services-Computer Programming, Data Processing, Etc. (SIC 7370) · same industry (4-digit SIC) · compared with 39 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 | |
|---|---|---|---|---|---|---|
| GOOGLAlphabet Inc. | 3,442.7 bn | 14.6 | 44.3% | 50.0% | +15.1% | −13% / +111% |
| APPAppLovin Corporation | 82.3 bn | 18.9 | 203.7% | 64.6% | +70.0% | −59% / +555% |
| FLUTFlutter Entertainment plc | 14.2 bn | — | -9.1% | -5.0% | +16.6% | −61% / −48% |
| SNAPSnap Inc | 10.2 bn | — | -15.6% | -4.9% | +10.6% | −23% / −57% |
| DOCNDigitalOcean Holdings, Inc. | 9.9 bn | 281.3 | 5.1% | 3.1% | +15.5% | +89% / +184% |
| MTCHMatch Group, Inc. | 9.1 bn | 13.7 | — | 20.7% | +0.2% | +21% / +24% |
| NIQNIQ Global Intelligence plc | 6.0 bn | — | -65.3% | -8.0% | +5.7% | +29% / unavailable |
| SIFYSify Technologies Ltd | 5.8 bn | — | -4.1% | -2.0% | +9.0% | +20% / +53% |
| WIXWix.com Ltd. | 4.4 bn | 91.5 | — | 2.5% | +13.2% | −16% / −21% |
| DVDoubleVerify Holdings, Inc. | 2.1 bn | 34.0 | 5.8% | 8.2% | +13.9% | +29% / −59% |
| BZKanzhun Limited | 1.7 bn | 41.6 | 16.0% | 33.1% | +17.3% | −21% / +6% |
| WBWeibo Corporation | 1.6 bn | 3.8 | 12.1% | 25.6% | +0.1% | −35% / −36% |
| HSTMHealthstream Inc | 949.7 m | 45.4 | 6.0% | 6.6% | +4.3% | +29% / +30% |
| NXDRNextdoor Holdings, Inc | 934.4 m | — | -7.2% | -11.1% | +4.2% | unavailable / unavailable |
| CEVACeva, Inc. | 788.9 m | — | -3.6% | -9.5% | +2.5% | +30% / +29% |
| BMBLBumble Inc. | 718.8 m | — | -94.7% | -58.0% | −9.9% | +69% / −57% |
| RXTRackspace Technology, Inc. | 716.2 m | — | — | -5.9% | −1.9% | +165% / +123% |
| HUYAHUYA Inc. | 470.7 m | — | -1.9% | -1.7% | +11.6% | −27% / −38% |
| BLNDBlend Labs, Inc. | 302.7 m | — | — | -3.3% | +6.8% | −59% / +1% |
| HCATHealth Catalyst, Inc. | 119.7 m | — | -118.1% | -90.6% | +1.5% | −47% / −78% |
| JFJ & Friends Holdings Ltd | 68.4 m | — | — | -82.9% | −66.8% | −6% / −16% |
| GOAIEva Live Inc | 31.8 m | — | -58.5% | -39.3% | +82.6% | unavailable / unavailable |
| HOLOMicroCloud Hologram Inc. | 27.2 m | — | -2.3% | -12.4% | +38.6% | −66% / −100% |
| TEADTeads Holding Co. | 27.0 m | — | -196.2% | -43.3% | +46.1% | −61% / −93% |
| IPDNProfessional Diversity Network, Inc. | 23.7 m | — | -95.7% | -143.9% | −2.7% | −15% / −91% |
1- and 3-year price returns: for JF 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
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
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.
Possibly outdated: the newest document it read is from 24 Apr 2026; since then the company filed 6-K (07 May 2026).
In brief
J and Friends Holdings Limited (JF), formerly Pintec Technology, has exited its China financing business and is repositioning as a merchant digitalization company, offering cloud point-of-sale, payment and business management software to SMEs, mainly in Australia. The transition is at an early stage, with fiscal 2025 revenues of only 1,598 thousand USD and a consistent operating loss.
SWOT
Strengths
- The company has partnership relationships with several international food and beverage brands and a modular cloud SaaS architecture with intellectual property in its software algorithms and modules 1.
- The solutions combine point of sale, payments and inventory management in one omni-channel ecosystem, which could add value for customers with multiple locations 1.
- An installed base of active merchants already exists in Australia, providing an operational base for expansion 1.
Weaknesses
- Revenues are very small and the operating loss is large relative to them, and the financial history of the new model is limited 1.
- The company has gone through several restructurings and disposed of its historical businesses, making earlier results hard to compare 1.
- A large share of revenue depends on payment platform partnerships that could be renegotiated or interrupted 1.
Opportunities
- International expansion through selective scaling and white-label cooperation could open new markets for the SaaS solutions 1.
- Government export support programmes could reduce the cost of entering new markets 1.
- A rising SaaS share in revenue could improve revenue predictability and margins if the model proves scalable 1.
Threats
- Competition from global providers and payment companies with bundled solutions could pressure pricing and customer retention 1.
- Dependence on Australian economic conditions could weigh on demand from SMEs 1.
- Dilution of existing shareholders through share issuances for acquisitions could weigh on the share price 1.
Risks
- Unproven business modelhigh
The company is at an early stage of transformation and its ability to forecast merchant adoption and retention remains limited, which could affect growth and margins 1.
- Dilution from acquisitionshigh
Future acquisitions and investments could require issuing new shares, diluting existing shareholders and reducing available cash resources 1.
- Dependence on technology systemsmedium
Outages, software defects or cybersecurity incidents could halt merchant operations and harm the company's reputation 1.
- Residual exposure from the former China businessmedium
Former affiliations with the entities disposed of in 2025 could create residual risks, including legal or regulatory claims affecting current activity 1.
- Risk of delisting from Nasdaqmedium
The ADS price has declined significantly since listing, and the ADSs could be delisted or trading suspended, which could cause losses for investors 1.
Investment thesis
What would need to be true (bull case)
- If the SaaS and payment model expands beyond Australia, recurring revenue could become a larger part of the business, improving the predictability of results 1.
- The existing merchant network and partnerships with international food and beverage brands could ease adoption of new products in new markets 1.
- Export support from the EMDG programme could reduce entry costs in markets such as New Zealand and Singapore 1.
What would break the thesis
- Revenues are still small and the operating loss is significant, and the company may not succeed in turning the model into a profitable business 1.
- Acquisitions and share issuances could dilute shareholders and reduce the value of shares for existing investors 1.
- Competition from established vendors and payment companies could limit growth and compress margins 1.
What to watch
- Trend in the number of active locations and merchant retentionQ1 2027
- Share of SaaS revenue compared with payments and hardware2027
- Progress of the ZIITECH integration and consolidated resultsnext 10-K
- Operating loss and the evolution of sales and administrative expenses2027
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.
Possibly outdated: the newest document it read is from 24 Apr 2026; since then the company filed 6-K (07 May 2026).
The business
The ADSs have traded under the symbol 'JF' since January 16, 2026, marking the shift away from former financial activities toward merchant technology 1. The acquisition of 25.0% of ZIITECH in September 2025 brought control of that entity and extended the business model 1.
The company describes a global expansion strategy combining organic growth, selective international scaling and acquisitions, including white-label cooperation 1. Management has stated that the new business model is at an early stage and that success in the technology sector cannot be assured 1.
Segments
F&B solutions (restaurants and cafés)
The food and beverage solution covers order intake, menu management, kitchen coordination and store-level reporting, with in-store hardware and SaaS subscriptions. As of December 31, 2025, approximately 1,378 F&B locations were served, of which 728 processed transactions through the payment solution 1. In 2025 F&B solution revenues were 275 thousand USD, or 17.2% of the total 1.
Payment solutions
The payment solution lets merchants accept cards, digital wallets and bank transfers, with the company earning volume-based commissions. In 2025, 1,687 locations used this solution, and payment revenues represented 46.3% of the total 1. The revenue comes mainly from referral partnerships with payment platforms in Australia 1.
Market context
The company operates in the merchant operation software market, described as competitive, fragmented and rapidly evolving 1. Customers are SMEs in food and beverage, retail and wholesale, and demand depends on macroeconomic conditions in Australia, where most revenue is generated 1. The document does not provide a market size estimate, so quantitative comparisons cannot be made from it.
The market is also shaped by consumer behaviour, integration requirements with payment providers and regulatory and industry standards in each jurisdiction 1. For large merchants, in-house systems or custom integrations are an alternative that competes with the company 1.
Trends
- Shift from financing to merchant digitalizationmixed
The exit from China and the sale of financial activities have created a new company profile that could attract technology-oriented investors, if the SaaS model proves scalable 1.
- Demand for SaaS and payments among SMEstailwind
The company indicates that SaaS subscriptions could carry a growing share as it expands internationally, which could improve recurring revenue if adoption continues 1.
- Dependence on Australian economic conditionsheadwind
A slowdown in consumer spending or higher financing costs could reduce the number of SMEs able to afford software investment, affecting retention and customer acquisition 1.
- Export support programme in Australiatailwind
ZIITECH was recognised under the Austrade EMDG programme, which could offset part of the costs of entering markets such as New Zealand, Singapore, Bangladesh and the United Kingdom 1.
Competitive position
The company competes with global and regional POS and merchant software providers, payments and fintech companies offering bundled solutions, and niche vendors focused on particular verticals 1. The document gives no market share, so the competitive position is described only qualitatively 1.
The advantages cited by the company are its cloud modular architecture, omni-channel integration and intellectual property in its algorithms and software modules, but these must be proven over time against competitors with aggressive pricing 1.
- Global POS and merchant software providers
Companies offering POS and merchant management systems on a global scale, named by the company as main competitors 1.
- Regional POS and merchant software providers
Local players competing in food and beverage and retail markets where the company operates 1.
- Payment and fintech companies with bundled solutions
Payment providers that include merchant software in their offer, competing directly with the company's payment solution 1.
- Niche vendors focused on specific verticals
Smaller providers specialised in particular functions or sectors that may serve as alternatives for narrow customer segments 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
No news in our archive over the last 180 days.
SEC filings
- Current report (foreign issuer)07 May 2026
- Annual report (foreign issuer)24 Apr 2026
- Current report (foreign issuer)15 Jan 2026
- Current report (foreign issuer)09 Jan 2026
- Current report (foreign issuer)04 Dec 2025
- Current report (foreign issuer)12 Nov 2025
- Current report (foreign issuer)24 Oct 2025
- Current report (foreign issuer)20 Oct 2025
- Current report (foreign issuer)19 Sept 2025
- Current report (foreign issuer)05 Sept 2025
Sources
- [1] Form 20-F, fiscal year ended 2025-12-31 · SEC / J and Friends Holdings Limited · 24 Apr 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.