secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K/A
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001193125-26-105702
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet files HomeBuddy FY2024 audited financials: $114M revenue, $15.8M net profit
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- HomeBuddy (Siren Group AG) FY2024 revenue $114.4M, net profit $15.8M, operating result $17.9M.
- Unaudited 9M 2025 revenue $112.5M, net profit $13.9M, implying continued strong performance.
- Total assets $32.5M at Sep 2025 vs $29.8M at Dec 2024; cash $11.1M.
- Acquisition closed Dec 1, 2025; pro forma condensed combined financials included, assuming earlier acquisition date.
- HomeBuddy reports under Swiss GAAP; notes highlight differences from US GAAP (e.g., software capitalization, deferred taxes).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000119312526105702/0001193125-26-105702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000119312526105702/qnst-20260102.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-105702

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