The AI investment assistant for individual and
institutional investors.

Research deeper. See the connections. Test your thinking.
Turn market information into a clearer next step, with London5.

Go beyond numbers.

For high-performance investors looking to make better decisions, faster. Three things change when an assistant does the reading and you do the deciding.

Cut research time

By handWith London5Your call
By hand Find Read Note Check Write With London5 Run 1 Run 2 Run 3 Run 4 Run 5 Findings, with their sources Your call Illustrative workflow, not measured research time.

Agents read in parallel. You review the findings and their sources.

Trust every finding

From memoryWith London5Your call
Findings Sources Guidance for next year Capital spending plan Debt due in 2027 Earnings call Annual report Bond filing Dotted: from memory. Solid: linked to a source.

Follow each finding to its source. Open it, check it, form your own view.

Spot early tendencies

Watchtower markThe headlineYour call
Mentions in the feeds Watchtower mark The headline Illustrative signal. What it means is your call.

Notice changes worth investigating. Watchtower brings signals into your research. What they mean is your call.

Plugs into what you already use.

Feeds, brokers and models. Some included with London5 at no extra cost; others connect with your own account or key.

Feeds

Quotes & headlines

Brokers

Accounts & holdings

Models

Local & cloud AI

Highlights.

Ask Mary anything.
Verify everything.

From a market map to research with sources. Watch Mary turn four questions into answers you can explore.

Start a conversation

Deep research.
Connected evidence.

Every sentence London5 concludes points to the sentence it came from. Scroll through the findings to follow each one into its source. You can also select any line.

Kestrel Instruments: what drives the business

Research view, accepted 8 Nov 2026

10-K

Annual report 2025

Item 7, page 38. Filed 24 Feb 2026.

“Service revenue represented 41% of total revenue in fiscal 2025, compared with 36% in fiscal 2024, as installed systems moved onto multi-year contracts.”
10-Q

Quarterly report, third quarter 2026

Page 22. Filed 4 Nov 2026.

“Gross margin was 51.2% for the three months ended September 30, 2026, compared with 49.8% for the same period of 2025, primarily due to a higher proportion of service revenue.”
8-K

Results release, exhibit 99.1

Filed 4 Nov 2026.

“For fiscal 2027, we expect gross margin in the range of 51% to 53%.”
10-K

Annual report 2025

Cash flow statement, page 61. Filed 24 Feb 2026.

“Net cash provided by operating activities 412.0 … Purchases of property, plant and equipment (258.3)”

412.0 ÷ 258.3 = 1.6

Before you can accept a view, four checks pass.

  • Every sentence cites a source.
  • Every figure is found in what it cites.
  • The dates agree.
  • Nothing is left out: every change has its cause.

Then it’s yours to accept. Until you do, the view you had stays as it was.

Illustrative example: Kestrel Instruments is not a real company. The checks are the ones the app runs.

Research that knows
what changed.

When a new filing lands, London5 reads it against the view you accepted, line by line, and says what happened to each sentence and why. Your view changes only when you accept.

Confirmed
The new filing says the same.
Changed
Different now, with its cause.
Added
New, and worth knowing.
Contested
The new sentence rests on weaker evidence. You settle it.
Dropped
Nothing supports it any more.
Carried
Unchanged, and nothing newer says otherwise.

Kestrel Instruments, financials

Revision 4, read against revision 3

Opened by a new 10-Q, filed 4 Nov 2026.

  1. Confirmed

    Service contracts bring in about two fifths of revenue.

    The 10-Q gives 42% for the first nine months.

  2. Changed

    Gross margin was 49.8% in the third quarter of 202551.2% in the third quarter of 2026.

    Cause: the latest reported quarter. The 10-Q credits a higher share of service revenue.

  3. Added

    Services are now reported as a segment of their own.

    New in the 10-Q, note 14.

  4. Contested

    Management expects gross margin above 50%of 51% to 53% next year.

    The new figure comes from a press release; the 10-Q gives none for next year. Settle it before you accept.

  5. Dropped

    The Penang plant starts production in 2026.

    The 10-Q no longer gives a date for the plant.

  6. Carried

    The two largest customers bring in about 28% of revenue.

    From the annual report. Nothing newer says otherwise.

Marked 6 Nov. A news story about a delayed plant may bear on this view. Nothing in the view has changed: you choose to study the story or dismiss the mark.

Waiting for youRevision 3 stays your view until you accept revision 4.

Every view knows what would date it.

  • Financials

    A new 10-Q, 10-K or 20-F is filed.

    Due again after 95 days
  • Ownership

    A new Form 4, 13D, 13G or 13F is filed.

    Due again after 95 days
  • Catalysts

    Two days before a dated event, or the company changes its guidance.

    Due again after 7 days
  • Valuation

    The price moves 10% or more, or the company changes its guidance.

    Due again after 7 days
  • Competition

    A competitor files a 10-K or 10-Q, or a patent is granted.

    Due again after 180 days
  • Macro

    A new release of the series, or a revision of it.

    Due again after 30 days

And for every view: breaking news about the company marks it, so you know where to look.

Illustrative example: Kestrel Instruments is not a real company. The line states, what dates each view and its clock are the app’s own.

Research anytime,
anywhere.

Go deep on your Mac. Stay connected when you step away. Pair Telegram to receive relevant updates from London5 on your phone.

Explore the workspace

London5 runs on your computer. Keep it on and connected for monitoring and paired-phone updates. macOS is available now.

London5 desktop board with pinned charts and research

DESKTOP PRODUCT CAPTURE · ILLUSTRATIVE TELEGRAM CONVERSATION

Why investors
choose London5.

Five questions careful investors ask about an AI assistant, and London5’s answer to each.

  • Where does my research live?

    On your computer.

    Conversations, research, simulations and watches are stored locally. Prices and news come in from London5 Finance.

  • Can I check what it tells me?

    Every sentence, back to its source.

    A view can’t be accepted until every sentence cites its source and every figure is found in what it cites.

  • Will it trade for me?

    Not without you.

    Ideas run on paper first. Anything that needs your permission waits for your approval.

  • What does each question cost me?

    Nothing extra, on your own model.

    A local model runs on your computer’s chip. A cloud model, if you connect one, bills you at its own prices.

  • Is this investment advice?

    No. It’s research. The call is yours.

    London5 does not give personal investment advice or manage your money.

Research for
investment teams
and institutions.

Bring a question from your desk.
See how London5 helps you investigate it.

Book a demo

A walkthrough shaped around your workflow.

“What would change our view on this company?”

  1. 01

    Frame the investment case

    Start with the business, its peers and the questions that matter.

  2. 02

    Examine the evidence

    Follow findings into their original sources. Check the assumptions.

  3. 03

    Take a clearer view into review

    Bring the research, open questions and supporting material together.

Demo focus: company research and source review.

Let’s explore your workflow.

Tell us what your team wants to investigate. We’ll prepare your request in your email app for you to review and send.

Or write to contact@london5.com.