HAPN

Happen, Inc.

Other • Nasdaq • CIK 0001409970

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Market Cap
—
P/E (TTM)
—
Rev Growth (TTM)
+18.4%
Net Margin (TTM)
18.7%
FCF Yield (TTM)
—
FCF Margin (TTM)
-282.2%
Figures as of June 30, 2026
Data coverage notes

Valuation: Market capitalisation could not be established for this filer (no share count resolved), so enterprise value, P/E, P/B and every EV multiple are withheld rather than served. They would otherwise be computed with the market cap read as zero -- an enterprise value of minus net cash, not a valuation.

Filings

Primary-source SEC disclosures, read end-to-end — every figure traceable to its filing.

What your agent reads

Investor Relations

Company-published material — management’s own words, not SEC-audited. Each source below is labeled so your agent knows what to verify.

Company-published, not SEC-audited

Earnings

Q2
2 months ago
8-K release
Revenue
N/A
—
Net Income
N/A
—
EPS
N/A
—
Earnings call — not catalogued
Most recent quarterly earnings snapshot

Cash Flow Health

Free Cash Flow0/8 positive
TTM$-3.0B
Q2 '26
$-600.9M+7%
Q1 '26
$-644.8M+30%
FCF Margin
TTM-282.2%
Q2 '26-228.6%+11%
Sector: 2.4%Top 10%
OCF Margin
-273.6%
OCF/NI-14.66x
CapEx Coverage
-31.7x
FCF Yield–
FCF Growth (3Y)–

Cash-conversion-cycle metrics are not computed for financial-sector filers.

Cash flow trends & capital efficiency

Capital Allocation

Total Shareholder Yield
TTM0.0%
Dividend & Payout Metrics
Dividend Yield (TTM)—
Free Cash Flow (TTM)$-3.0B
Capital Return / FCF0.0%
Shares Outstanding (YoY)0.6%
Buyback data not disclosed in this company's filings.
Shows how management rewards shareholders

Valuation Metrics

Price-to-EarningsTTM
–
Valuation Lenses
Earnings
–
vs – sector
Cash Flow
–
EV/FCF vs –
Growth-Adj
–PEG
N/A
Quality-Adj
–P/E per %ROIC
ROIC: –
Shareholder Returns
Dividend
–
Buyback
–
Total Yield
–
Market Cap–
EV–
Multi-angle valuation analysis with sector context

Margins & Efficiency

ROE 77th pctile
Profitability
Net Margin
18.7%
ROA
1.7%
ROTCE
13.9%

Gross/operating margin, ROIC and the DuPont decomposition are not computed for financial-sector filers.

Return on EquityTTM
13.1%
P25MedianP75
77th pctl (med: 6.2%)
Asset & CapEx Efficiency
Fixed Asset Turn
4.03x
8Q:4.54x
-143.5%
CapEx/Depreciation
1.91x
FCF vs Net Margin Gap-300.9 pts
Depreciation Rate Trend
⚠ Declining -11.4%
FCF margin lags net margin by 300.9 pts
Margin trends, ROIC, and capital efficiency

Balance Sheet & Solvency

Net Cash
Net Debt / EBITDA
Net Cash
(2.3x)Net Cash: $928.22M
Interest Coverage
1.0x
+Net cash position: $928.22M
Leverage Metrics
Debt-to-Equity
0.00x
Balance sheet risk & solvency analysis