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Make a financial analysis

Turn a PDF into a financial analysis

Every figure with the table it came from and the page it sits on.

Free to try, no card. Your PDF opens in Ancher.

PDF

Your PDF

Paste your PDF. Nothing to upload.

Document structure in orderPage numbersTables as tables

Kept in parts

Every one of these stays separately addressable instead of collapsing into one block of text.

Headline figuresEvidence per figureTrendRisks

Financial analysis

Figures checked against the sentence or table that supports them.

Financial PDFs put the number in a table and the qualification in a footnote three pages later, and flat extraction separates them permanently. Ancher keeps tables as tables so a figure stays in its row and column, keeps the page number on every element, and preserves reading order so a footnote marker can still be resolved to the note it points at.

A number without its column heading is not a number

In a statement, meaning comes from position: which period, which segment, restated or not, thousands or millions. Flatten the table and every one of those disappears while the digits survive, which produces figures that look authoritative and mean something different from what the reader assumes. This is the single most consequential thing lost when a financial PDF is turned into text.

One page of one PDF, at p. 34, read two ways.Illustrative. The figure is invented; the gap it falls into is not.

What a text extractor getsp. 34
p. 34

revenue grew across all segments year on year, see the accompanying table for

In Table 2, note 4 — not read

The specific never reaches the draft

What Ancher also getsp. 34
Financial analysis In Table 2, note 4 restated; excludes disposals from p. 34

Lands in the draft, with its timecode

  • Tables keep their structure, so a figure carries its period, its segment and its unit.
  • Every figure keeps a page number, which is what makes it checkable by someone holding the same file.
  • Footnote markers stay resolvable, because reading order survives ingest.

Financial analysis, section by section

Figures checked against the sentence or table that supports them.

Headline figures

The figures the document leads with, each with its table and page.

PDF-to-financial-analysis prompt

The link on its own gets a summary. This is the instruction that produces the 5 sections above, in that order, with the rules that keep them honest. Paste it with your PDF — in Ancher, or in whatever assistant you already use.

Extract a financial analysis from this document. (1) List headline figures with their table and page. (2) For each, give the row and column headings and any footnote attached. (3) Record only comparisons the document itself makes. (4) Capture qualifications from the notes, especially restatements and changes in basis. (5) Record the document version and date. Do not calculate any ratio, multiple or projection, and flag anything that came from OCR.
How each part of a PDF becomes a section
From the PDFIntoWhy
Tables as tablesEvidence per figureTables come back as their own elements, so a figure stays attached to the row and column that give it meaning.
Page numbersHeadline figuresA page-level anchor is what makes a figure checkable by someone else holding the same file, which is the whole basis of a financial claim.
Reading orderRisksElements arrive in sequence, which is what lets a footnote marker be resolved to the note it refers to.
Document structure in orderTrendHeadings arrive as headings, so a comparison the document makes can be told apart from two numbers that merely sit near each other.
Embedded images and figuresHeadline figuresChart captions in a financial document routinely state the basis more precisely than the surrounding prose does.
Everything Ancher keeps from a PDF

Document structure in order

Headings, body and captions arrive as separate elements, so the document's own outline survives ingest.

Page numbers

A page-level anchor is what makes a citation checkable by someone else holding the same file.

Tables as tables

Tables come back as their own elements rather than as flattened lines, so a figure stays attached to the row and column that give it meaning.

Embedded images and figures

Figure captions frequently carry the tightest statement of a finding in the whole document.

Reading order

Elements come back in sequence, which is what lets a section be reassembled rather than guessed at.

Word and PowerPoint too

The same path takes .docx and .pptx, so a deck and its write-up can sit in one collection.

The four steps
  1. Add the PDF. Upload the file. Ancher parses it into ordered elements rather than one flat string, keeps the page number on each, and pulls out the embedded images.
  2. Nothing gets flattened. Document structure in order, page numbers, tables as tables, embedded images and figures, reading order, word and powerpoint too stay separately addressable instead of collapsing into one block of text.
  3. Ask for a financial analysis. Ancher fills headline figures, evidence per figure, trend, risks, sources using the mapping above, not a generic summary pass.
  4. Check it before you use it. Every specific keeps a link back to where it came from in the PDF, so a claim can be verified without reopening the source.
Where this goes wrong
  • This extracts what the document says. It does not audit it, and no ratio, multiple or projection is calculated from these figures.
  • Restatements are the trap. A figure that matches last year's report may be on a different basis, and only the note says so.
  • Scanned filings need OCR, and OCR misreads digits more often than letters. Check any number you plan to act on against the page it came from.
Questions people ask
Can I build a model from this?

You can build the extraction layer — every figure with its table, page and footnote, which is the part that usually costs an analyst a day. The modelling assumptions stay yours, and nothing here is calculated for you.

Why does the table structure matter so much?

Because position carries meaning in a statement. Flattened, a figure loses its period, segment and unit while looking exactly as precise, which is how the wrong number gets into a deck without anyone noticing.

Does it handle scanned filings?

With OCR, and with the usual caveat that OCR is worse on digits than on letters. Those figures come through flagged, because a misread digit in a financial analysis is not a typo, it is an error.

Bring your own PDFs

Everything you save lives in one workspace, so the financial analysis is built from your sources — not from a model's memory of the internet.

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Not a PDF? The same financial analysis also comes from YouTube video, X thread, recording.