
They are a healthcare payments / admin software company. Sticky, strong moat. High gross margins. $1.5B gross debt, ~2.7x net leverage. ~ 12 forward P/E with 20% revenue growth. CEO stopped selling in 2026 after price fell post IPO. The price feels right to me around $21 with 30% margin of safety but I didn't do DCF as I have no clue how; I asked Claude to do it. It scored fairly well on Buffet metrics but I think may be slightly expensive still and has a lot of debt? I'm still learning, would love some insights from seasoned investors. Thought this might be a good non-AI compounder so I'm in 1k shares