THE PROCESS
Four steps. Every time. A fixed structure you can rely on — not a different format every run.
STEP 01
PDF up to 20MB, a URL, or pasted text. Lense handles 10-Ks, earnings transcripts, pitch decks, news articles, and any public filing.
STEP 02
Student mode teaches the analytical framework alongside the analysis — teaching notes explain why a professional focuses on each area. Investor mode is direct: metrics extracted, risks severity-rated, open questions surfaced.
STEP 03
Five sections, fixed structure, every factual claim cited with a source passage from the document. Click any citation number to open the source panel and verify the quote.
STEP 04
Your coverage log organises research by company. Run a new analysis on the same company months later and the history stays. Export a clean PDF for LinkedIn or interviews.
THE TWO MODES
STUDENT MODE
Educational framing
Section headers explain analytical priority
Teaching notes under each section
"What to learn next" prompt at the end
Framed for someone learning the skill
Metrics with contextual explanations
INVESTOR MODE
Due diligence framing
Risks rated high / medium / watch with evidence
Metrics as a data grid — no narrative filler
Specific open questions before sizing a position
All claims framed as "this document indicates"
No buy/sell language — ever
THE OUTPUT FORMAT
01
Business model
What drives revenue and margins. How the company actually makes money — not the PR version.
02
Key metrics
Specific numbers extracted from the document. Revenue growth, margins, cash flow — with trend arrows.
03
Bear case
Specific, evidenced arguments. Not generic risk factors — actual risks cited from the filing, rated high/medium/watch.
04
Bull case
What the upside depends on. The conditions that need to be true for the thesis to work.
05
Open questions
What this document does not tell you. The questions you'd need answered before sizing a position.
FREE — 3 analyses · no card needed