VMC, risk-factor evolution
Item 1A (Risk Factors) year-over-year changes. Pre-computed at ingest time: paragraph adds/removes plus term-frequency cosine similarity between consecutive years.
📞 Earnings calls for VMC on Subtext ↗Section length over time
- Carried over
- Newly added
Item 1A word count by fiscal year, split into text carried over from the prior year vs. newly added (from year-over-year diffs).
Year-over-year transitions
| Years | Similarity | Added | Removed | Section length | |
|---|---|---|---|---|---|
| 2017 → 2018 | 1.00 | +2811 | -2762 | 2817 words | Diff → |
| 2018 → 2019 | 0.99 | +3435 | -2817 | 3435 words | Diff → |
| 2019 → 2020 | 0.99 | +3703 | -3435 | 3703 words | Diff → |
| 2020 → 2021 | 1.00 | +3647 | -3703 | 3647 words | Diff → |
| 2021 → 2022 | 0.98 | +2779 | -3595 | 2831 words | Diff → |
| 2022 → 2023 | 1.00 | +1252 | -1266 | 2817 words | Diff → |
| 2023 → 2024 | 1.00 | +1294 | -1219 | 2892 words | Diff → |
| 2024 → 2025 | 1.00 | +1089 | -1015 | 2966 words | Diff → |