Terms of Service
These terms are an agreement between you and FairValueAnchor ("we", "us") about your use of FairValueAnchor. By using FairValueAnchor you agree to them. If you don't agree, please don't use it.
1. What FairValueAnchor is
FairValueAnchor reads companies' filings with the U.S. Securities and Exchange Commission and other public sources, and presents financial history, ratios, valuation estimates and screens built from them.
2. The figures can be wrong
We work hard on accuracy, but the data comes from third parties and goes through automated extraction and calculation. Filings get restated, companies tag the same line differently, sources go stale, and our own methods can be wrong. Figures may be incomplete, delayed or incorrect, and estimates such as valuations rest on assumptions that may not hold. Check anything that matters against the company's own filings, which we link wherever we can, before relying on it.
3. Your account
You can use much of FairValueAnchor without an account. To subscribe, you sign in with an email address you control (directly or through Google). Keep access to that address secure: whoever controls it controls your account. You must be at least 16 years old to create an account.
4. Plans and payment
Free. Up to 5 company lookups a day, the most recent 5 years of history, and ads. Reopening a company you've already looked up that day doesn't count again.
Pro, $15/month. Unlimited lookups, the full 15-year history, and no ads.
- Billing. Pro is billed in advance through Stripe and renews automatically every month until you cancel. Taxes may be added where they apply.
- Cancelling. Cancel any time from Manage subscription on the plan page. You keep Pro until the end of the period you've already paid for, and you won't be charged again.
- Refunds. Payments are non-refundable, including for partly used months, except where the law requires otherwise.
- Chargebacks. If you dispute a payment with your bank or card issuer, your subscription is cancelled and Pro ends straight away, rather than at the end of the period. If the dispute is resolved in our favour you can subscribe again.
- Failed payments. If a renewal fails, Stripe retries it for a while and you keep Pro in the meantime. If it never succeeds, your account returns to the free plan.
- Price changes. We may change the price of Pro. We'll tell you before a change applies to you, and it takes effect at your next renewal after that notice, so you can cancel first.
- What's included may change. We may add, change or remove features of either plan. If a change materially reduces what Pro includes, you can cancel and we'll refund the unused part of your current paid period.
5. Using FairValueAnchor fairly
You agree not to:
- access FairValueAnchor with bots, scrapers or other automated tools, or download data in bulk;
- get around the free plan's limits — for example with multiple accounts, changing IP addresses, or interfering with how we count lookups;
- resell, republish or redistribute FairValueAnchor's data or analysis, or build a competing product from it;
- share a Pro account with other people;
- probe, disrupt or attack FairValueAnchor or its security, or use it to break the law.
We may suspend or close accounts that break these rules. If we close a Pro account for a serious breach, no refund is due.
6. Content and ownership
The underlying public filings belong to the companies and are public records. FairValueAnchor's software, design and analysis are ours. You may use what you see for your own research, including quoting individual figures with attribution, but not as described in section 5.
7. Other services
Payments are handled by Stripe and Google sign-in by Google, under their own terms. FairValueAnchor links to and draws from third-party sources we don't control and aren't responsible for.
8. Ending this agreement
You can stop using FairValueAnchor and ask us to delete your account at any time; see the Privacy Policy. We may suspend or end FairValueAnchor, or your access to it, for a breach of these terms, or if we stop offering it. If we stop offering Pro altogether, we'll refund the unused part of your current paid period.
9. No warranties
FairValueAnchor is provided "as is" and "as available". To the extent the law allows, we make no warranties of any kind, express or implied — including that it will be accurate, complete, uninterrupted, error-free, or fit for any particular purpose.
10. Limits on our liability
To the extent the law allows, we aren't liable for any investment or trading losses, or for any indirect, incidental, special or consequential loss, including lost profits or data, arising from your use of FairValueAnchor or reliance on its figures. Our total liability for any claim relating to FairValueAnchor is limited to the amount you paid us in the 12 months before the claim. Some places don't allow some of these limits, so they may not all apply to you; nothing here limits liability that can't legally be limited.
11. Changes to these terms
We may update these terms. We'll post the new version here with a new effective date, and tell you on the site before a significant change takes effect. If you keep using FairValueAnchor after that, the new terms apply; if you don't agree, you can cancel and stop using it.
12. Governing law
These terms are governed by the laws of Washington, USA, without regard to its conflict-of-law rules. This doesn't take away any protection the consumer laws of the place you live give you.
13. Contact
FairValueAnchor · contact@fairvalueanchor.com