01
Concierge production
Our team crafts your first report end-to-end. You provide the PDF and source materials; we deliver a complete interactive experience, reviewed against your brand guidelines and legal requirements.
For investor relations teams · Glance. Drill. Ask.
Annual reports shareholders actually finish.
Informance turns a dense annual report into a guided sequence of interactive infographics. Readers grasp the message at a glance, drill into what matters, and ask the built-in assistant for the rest.
Meridian Industries
2025 Annual Report
Letter from the Chief Executive Officer
To our shareholders, employees, and partners: fiscal 2025 marked a year of disciplined execution across our industrial platform. Revenue grew 6.2% to $4.81 billion, operating margin expanded 110 basis points, and free cash flow conversion exceeded 98% for the fourth consecutive year.
Our Precision Components segment benefited from sustained demand in commercial aerospace and power generation, offset modestly by softness in off-highway equipment. We completed the Hartley Pneumatics acquisition in Q2 and began integration on schedule.
Capital allocation remained focused: $312 million returned to shareholders via dividends and repurchases, $184 million deployed in organic growth investments, and $97 million in bolt-on M&A. Net leverage closed the year at 1.6x.
Looking to fiscal 2026, we expect continued share gain in Precision Components, accelerating contribution from our Industrial Automation product line, and stable commodity pass-through across the portfolio. We reaffirm our long-term algorithm of mid-single-digit organic growth, 50–75 bps annual margin expansion, and high-teens return on invested capital.
Figure 2 · Revenue, $ billions
Meridian Industries, Inc.
— 4 —
Meridian Industries · 2025
Live · updated 3 days agoA year of disciplined execution.
Revenue of $4.81B, up 6.2%. Operating margin expanded 110 bps. Free cash flow conversion above 98% for the fourth consecutive year.
$4.81B
6.2% 3.2 4.8
Revenue · $B
+110 bps
0 +110
Op. margin · YoY
98%
4Y 95 98
FCF conv. · %
Revenue · FY17–FY25
$ billions · hover to inspect
FY25
$4.81B
+6.2% YoY
PDF annual report
Informance
From a dense PDF (left) to a guided sequence of interactive infographics (right). Drag the divider to compare.
Most annual reports are read by almost no one.
A typical 120-page PDF earns a median session of under 90 seconds. A year of work goes largely unread: the CEO’s letter, the strategy, the disclosures.
The format, not the substance, is the problem. Shareholders read on phones and laptops, not at desks with a printed document. (Illustrative.)
A different kind of annual report.
Informance turns a dense annual report into a guided sequence of interactive infographics. Readers grasp the message at a glance, drill into what matters, and ask the built-in assistant for the rest.
02
Visit and interaction analytics
We track every visit and interaction: time-on-page, scroll depth, section completion, click and hover paths, device and geography. For the first time, you can show your CFO exactly how your annual report performed.
03
Ask-the-document Q&A
A custom language model, trained on your report, answers shareholder questions in seconds — with citations back to the page and section. No hallucinated numbers, no off-document responses.
04
Workflow fit
We deliver after your PDF is final. No change to your legal review process, no disruption to your agency relationships, no new software for your team to learn.
Straightforward pricing.
Flagship
$18,000 · one-time
Your annual report transformed end-to-end by our team. Includes engagement dashboard for 12 months.
- — End-to-end concierge production
- — Brand and legal review
- — 12 months of engagement analytics
Ongoing
$2,500 /month
Unlimited documents. Priority production for earnings narratives and shareholder letters. Full platform access for your IR team.
- — Unlimited documents
- — Priority production queue
- — Full platform access
Enterprise — custom pricing for multi-entity, IPO, and spin-off use cases. Contact us →
Frequently asked.
How long does a flagship engagement take?
Four to six weeks from kickoff to published story, running parallel to your PDF production.
How does this fit with our existing annual report agency?
Informance delivers after your PDF is final. Your agency’s design, copy, and print production are unchanged.
Is the output accessible and SEC-compliant?
Yes. WCAG 2.1 AA accessibility, all required disclosures preserved, non-GAAP reconciliations linked.
Who owns the data and analytics?
You do. Engagement data is yours, exportable at any time, never shared or sold.
What does the engagement dashboard show?
Unique visitors, time-on-page by section, scroll depth, completion rate, click and hover interactions, device and geographic breakdown. Delivered as a monthly PDF and a live link.
How does the document Q&A work?
We fine-tune a custom language model on your report and supporting filings. Readers can ask questions in plain English and receive answers grounded in your document, with citations back to the page and section. Out-of-document questions return a polite decline rather than a guess. Your data is never used to train external models.
See what your next annual report could look like.
A 20-minute conversation is enough to scope a flagship engagement.