CCSIConsensus Cloud Solutions, Inc.

Services-Prepackaged Software · $685M market cap · 520 employees

13×

More likely than average to be taken private

Top 1% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works

What an activist or buyer would see: cheap, overpaid, diluted or under pressure.

Goodwill-heavyYes
51% of assets
Over 40% of assets
Buyout-sizedYes
$685M market cap
Market cap $500M–$5B
Recurring revenueYes
9 of 10
10-K business scored 7+ of 10 for recurring revenue

12 other checks

TSR below peersNo
1 of 5 years
3+ of last 5 years
High CEO pay despite TSRNo
$2M median
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
161% of net income
Cash flow under 80% of net income
Dilutive SBCNo
5% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
17% of cash flow
Buybacks + dividends over cash flow
Shareholder dissentNo
97% lowest support
Any vote under 80% support
Low revenue per employeeNo
$672K · 68th pct
Bottom quartile of its SIC industry
Quiet on AINo
3.7 per 10K words · 76th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
2.7× EBITDA net debt
More cash than debt, positive EBITDA
AI-rollup shapedNo
2 of 10
10-K business scored 5+ of 10 as an AI-rollup target
Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingNo
−$361K net
Net sales over $10M in 12 months

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY
Revenue	$353M	$362M	$363M	$350M	$350M	0.2%
Operating income	$175M	$152M	$147M	$149M	$150M	0.6%
Net income	$27M	$73M	$77M	$89M	$85M	5.5%
Operating cash flow	$234M	$83M	$114M	$122M	$136M	12%
Capex	$33M	$30M	$36M	$33M	$30M	9.6%
Stock-based comp	$2M	$20M	$18M	$17M	$18M	5.5%
Buybacks	—	$8M	$24M	$1M	$23M	2220%

None on file.

−$361Knet selling by insiders, open market, last 12 months

Bought $0 · 0 tradesSold $361K · 3 trades

Year	CEO total comp	Comp actually paid	TSR (indexed)	Peer TSR
FY2025	$2M	−$261K	34	30
FY2024	$2M	$1M	37	35
FY2023	$1M	−$11M	40	45
FY2022	$948K	−$235K	83	39
FY2021	$17M	$25M	89	86