The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.
FBYD · Communications · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
CURI · Communications · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | FBYD | CURI | LILA | IRDM |
|---|---|---|---|---|
| Moat Score (0–100) | 34 | 35 (highest) | 35 (highest) | 34 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 85 (highest) | 60 | 45 | 76 |
| Pricing power | — | — | 100 (highest) | 9 |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | 28 | 55 (highest) | 0 | 39 |
| Capital discipline | 24 | 24 | 28 | 46 (highest) |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $425.1M | $150.9M | $1.5B | — |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |