Draft: Pending solicitor review
Terms of Service
Effective date: [TO BE CONFIRMED ON GO-LIVE] · Last updated: 16 June 2026
Important Notice: Read Before Using This Service
beat-index.com provides financial data, metrics, and analysis for general informational and educational purposes only. Nothing on this website constitutes financial advice, investment advice, trading advice, or any other regulated advice. Whilst we take all reasonable care to ensure data accuracy, we make no warranty as to completeness or accuracy and accept no liability for errors. Do not make investment decisions based solely on information from this Service.
1. Who We Are
beat-index.com (“the Service”, “we”, “us”, or “our”) is operated by Laks Tech Limited, a company registered in England and Wales (Company No. 10178090).
References in these Terms to the “Service Parties” mean, collectively: www.beat-index.com, Laks Tech Limited, its shareholders, directors, officers, employees, contractors, agents and affiliates, and their respective heirs, personal representatives, successors and assigns.
Registered office: Ground Floor, 1 Bakers Row, London EC1R 3DB, United Kingdom.
Contact: privacy@beat-index.com
2. Acceptance of These Terms
By accessing or using the Service (including by creating an account, browsing any page, or using any feature) you agree to be bound by these Terms of Service (“Terms”) and our Privacy Policy, which is incorporated into these Terms by reference. If you do not agree to these Terms, you must not access or use the Service.
If you are using the Service on behalf of an organisation, you represent and warrant that you have the authority to bind that organisation to these Terms, and references to “you” include that organisation.
You must be at least 18 years of age to use this Service. By accepting these Terms you confirm that you meet this requirement.
3. Description of the Service
beat-index.com is a financial data dashboard that aggregates, processes, and displays publicly available financial information (including income statements, balance sheets, cash flow statements, financial ratios, valuation metrics, and related analysis) sourced primarily from the U.S. Securities and Exchange Commission (SEC) EDGAR database and other third-party market data providers.
The Service is provided on a subscription basis, with a free tier and paid tier(s) offering additional features. We reserve the right to modify, suspend, or discontinue any aspect of the Service at any time, with or without notice.
4. Account Registration and Security
4.1 Registration
To access certain features you must create an account using either an email address and password, or by signing in with a Google account via OAuth. You agree to provide accurate, current, and complete information during registration and to keep your account details up to date.
4.2 Account Security
You are responsible for maintaining the confidentiality of your password and for all activity that occurs under your account. You must notify us immediately at privacy@beat-index.com if you suspect any unauthorised use of your account. We are not liable for any loss or damage arising from your failure to maintain account security.
4.3 Single-User Licence: No Sharing
Each account (whether free-tier or paid) grants a personal, non-transferable, non-sublicensable licence to a single named individual only (“the Subscriber”). The following are strictly prohibited and constitute a material breach of these Terms:
- sharing your login credentials (email, password, magic link, or session token) with any other person, whether or not for payment or consideration;
- allowing any other person to access the Service using your account, including colleagues, family members, clients, or contractors;
- maintaining simultaneous active sessions from more than one device, browser, or IP address at any time; any new login will terminate all prior active sessions;
- creating multiple accounts to circumvent subscription limits or access controls.
Monitoring: We actively monitor login patterns, concurrent session activity, geographic distribution of access requests, and unusual data access volumes to detect policy violations. Anomalous patterns (including logins from multiple countries within a short period, simultaneous sessions, or atypical data extraction rates) will trigger investigation and may result in immediate suspension without prior notice or refund.
Consequences of sharing: Any account found to be shared will be suspended immediately. Laks Tech Limited reserves the right to pursue civil legal action for damages (including but not limited to recovery of lost subscription revenue, costs of investigation, and reasonable legal fees) against any Subscriber who wilfully shares access. By accepting these Terms, you acknowledge that the subscription fee is set on the basis of single-user access and that sharing deprives us of a legitimate commercial revenue stream, for which we may seek compensation.
5. Subscription Tiers and Payment
The Service offers a free tier with limited access. Paid subscription tiers (“Pro”) provide additional features. Subscription fees, billing cycles, and feature entitlements are as described on the pricing page at the time of purchase.
Payment processing is handled by Stripe. By subscribing you agree to Stripe’s terms of service. We do not store your payment card details. Subscription fees are non-refundable except where required by applicable law (including the Consumer Rights Act 2015 for UK consumers). You may cancel your subscription at any time; your access to paid features will continue until the end of the current billing period.
We reserve the right to change subscription pricing at any time. Where we increase prices for existing paid subscribers, we will provide at least 30 days’ notice by email before the new price takes effect.
Per-seat basis: Each paid subscription is priced for, and grants access to, a single named individual. If multiple individuals within an organisation, team, or household require access, each individual must hold a separate active subscription. We offer volume discounts for multi-seat arrangements; contact us at privacy@beat-index.com to discuss. Sharing a single subscription across multiple individuals is a breach of these Terms and may result in termination of all associated accounts.
6. Data Accuracy: No Warranty
Data Accuracy Disclaimer
Whilst we take all reasonable care and apply diligent processes to ensure that the financial data, metrics, ratios, valuations, scores, computations, and other information displayed on the Service are accurate and up to date, the Service Parties make no representation or warranty (whether express, implied, statutory, or otherwise) as to the completeness, accuracy, currency, reliability, timeliness, or fitness for any particular purpose of any such data or information.
Financial data displayed on the Service is derived from third-party sources, including (without limitation) the U.S. Securities and Exchange Commission (SEC) EDGAR database, company XBRL filings, and market data providers. Such sources may contain errors, omissions, restatements, delays, or discrepancies that are beyond our reasonable control. We are not responsible for verifying the accuracy of data provided by these third-party sources.
To the maximum extent permitted by applicable law, the Service Parties expressly exclude and disclaim all liability (whether in contract, tort (including negligence), breach of statutory duty, or otherwise) for any loss, damage, cost, expense, or claim of any kind arising directly or indirectly from or in connection with any inaccuracy, error, omission, restatement, delay, or discrepancy in any data, metric, ratio, valuation, score, computation, or other information displayed on or obtained through the Service, howsoever arising.
You acknowledge that any data displayed on the Service may not reflect the most current publicly available information, and that reported figures may be subject to subsequent restatement by the issuing company. You should independently verify any data before relying on it.
7. No Financial or Investment Advice
Important: No Advice of Any Kind
Nothing on this Service (including without limitation any data, analysis, chart, ratio, metric, valuation, score, commentary, comparison, ranking, or other content) constitutes, or should in any circumstances be construed as, financial advice, investment advice, trading advice, tax advice, legal advice, or any other form of advice or personal recommendation of any kind.
In particular, nothing on this Service is regulated advice within the meaning of the Financial Services and Markets Act 2000 (FSMA), the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (RAO), or any equivalent legislation in any other jurisdiction. The Service Parties are not authorised or regulated by the Financial Conduct Authority (FCA) or any other financial regulatory body in respect of the provision of financial advice.
The Service is intended to assist users in their own independent research and analysis. All data, metrics, and analysis are presented for general informational and educational purposes only. Any scores, rankings, or evaluative outputs generated by the Service are algorithmic outputs derived from publicly available financial data and do not represent a recommendation to buy, sell, or hold any financial instrument, security, or investment.
Past financial performance and historical data displayed on this Service are not indicative of, and do not guarantee, future performance, results, or returns. The value of investments and the income from them can go down as well as up, and you may get back less than you invest.
Before making any investment, financial, trading, or other decision, you should conduct your own independent due diligence and, where appropriate, seek independent advice from a qualified financial adviser authorised and regulated by the FCA or an equivalent regulatory body in your jurisdiction.
The Service Parties expressly disclaim all liability for any investment decision, trading action, financial loss, profit foregone, reputational damage, or any other loss or damage of any nature whatsoever arising directly or indirectly from your use of, or reliance on, any content, data, or information obtained from or through this Service.
8. Intellectual Property Rights
All intellectual property rights in and to the Service (including the software, source code, design, layout, text, graphics, data compilations, and trade marks including “beat-index”) are owned by or licensed to Laks Tech Limited. Nothing in these Terms grants you any right or licence to use any intellectual property owned by or licensed to the Service Parties except as strictly necessary to use the Service for its intended purpose.
Underlying financial data sourced from SEC EDGAR is in the public domain. Where third-party data providers impose additional restrictions on downstream use, those restrictions apply to your use of such data via the Service.
You may not scrape, crawl, copy, redistribute, sell, commercially exploit, or create derivative works from the Service or its content without our prior written consent.
9. Permitted and Prohibited Uses
9.1 Permitted Uses
Subject to these Terms, you may access and use the Service for your own personal, non-commercial research and analysis purposes.
9.2 Prohibited Uses
You must not:
- use the Service in any way that breaches any applicable local, national, or international law or regulation;
- use the Service for any commercial purpose (including redistribution of data, incorporation into a paid product, or providing services to third parties) without our prior written consent;
- share, sell, transfer, or otherwise disclose your account credentials (including password, session token, or magic link) to any other person or entity under any circumstances;
- allow any third party to access the Service through your account, whether or not for payment;
- reproduce, redistribute, publish, transmit, broadcast, or make available any data, chart, metric, analysis, report, or other output obtained from the Service, in whole or in part, to any third party by any means, including but not limited to email, messaging platforms, social media, newsletters, client reports, internal intranets, file-sharing platforms, or any public or private publication;
- incorporate any data or output from the Service into any product, service, database, or publication (whether commercial or non-commercial) without our prior written consent and execution of a separate data licence agreement;
- use automated tools, bots, scrapers, crawlers, or scripts to access, harvest, or extract data from the Service in bulk, or at a rate or volume inconsistent with normal individual use;
- circumvent, disable, or attempt to bypass any technical measures we employ to enforce access controls, session limits, rate limits, or usage restrictions;
- attempt to gain unauthorised access to any part of the Service, its servers, or any system or network connected to it;
- introduce any virus, trojan, worm, or other malicious or harmful code to the Service;
- transmit any unsolicited advertising, promotional material, or spam;
- impersonate any person or entity or misrepresent your affiliation with any person or entity;
- use the Service in a way that could damage, disable, overburden, or impair it or interfere with others’ use of it.
Breach of any item in this clause (particularly credential sharing or redistribution of outputs) entitles us to terminate your account immediately without refund and, where we have suffered a calculable financial loss, to pursue legal proceedings for recovery of that loss, costs, and reasonable legal fees.
10. Third-Party Links and Services
The Service may contain links to third-party websites or services that are not owned or controlled by us. We have no control over, and accept no responsibility for, the content, privacy policies, or practices of any third-party websites. We encourage you to review the terms and privacy policies of any third-party websites you visit.
11. Disclaimers and Limitation of Liability
11.1 “As Is” Basis
To the maximum extent permitted by law, the Service is provided on an “as is” and “as available” basis without any warranty of any kind, whether express or implied, including implied warranties of merchantability, fitness for a particular purpose, or non-infringement.
11.2 No Guarantee of Availability
We do not guarantee that the Service will be uninterrupted, error-free, or free of viruses or other harmful components. We may suspend or withdraw access to the Service at any time without notice for operational, maintenance, security, or other reasons.
11.3 Cap on Liability
To the maximum extent permitted by applicable law, the aggregate total liability of the Service Parties to you (whether in contract, tort (including negligence), breach of statutory duty, misrepresentation, or otherwise) in connection with the Service or these Terms shall not exceed the greater of: (a) the total subscription fees paid by you to us in the 12 calendar months immediately preceding the event giving rise to the claim; or (b) £100.
11.4 Excluded Losses
To the maximum extent permitted by applicable law, the Service Parties shall not be liable to you (whether in contract, tort, or otherwise) for any:
- loss of profit, revenue, or anticipated savings;
- loss of or damage to data;
- loss of business or contracts;
- loss of goodwill or reputation;
- financial loss or investment loss, whether direct or indirect;
- indirect, special, incidental, punitive, or consequential loss of any kind,
even if the Service Parties have been advised of the possibility of such losses.
11.5 Consumer Rights
Nothing in these Terms excludes or limits any liability which cannot be excluded or limited under applicable law, including liability for death or personal injury caused by negligence, fraud or fraudulent misrepresentation, or any liability under the Consumer Rights Act 2015 or equivalent consumer protection legislation. If you are a consumer, your statutory rights are not affected.
12. Indemnification
You agree to indemnify, defend, and hold harmless the Service Parties from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable legal fees) arising out of or relating to: (a) your violation of these Terms; (b) your use of the Service in breach of any applicable law; or (c) your infringement of any intellectual property or other right of any person or entity.
13. Termination
13.1 By You
You may close your account and stop using the Service at any time by contacting us at privacy@beat-index.com. On closure your personal data will be handled in accordance with our Privacy Policy.
13.2 By Us
We may suspend or terminate your access to the Service immediately and without notice if we reasonably believe you have breached these Terms or if we are required to do so by law. Grounds for immediate termination include (without limitation): credential sharing (clause 4.3), redistribution of outputs (clause 9.2), bulk data extraction (clause 9.2), or any other wilful breach of these Terms. On termination, all rights granted to you under these Terms cease immediately, no refund of prepaid subscription fees shall be due, and we reserve the right to pursue damages for any loss caused by the breach. Sections 6, 7, 8, 11, 12, 15, and 16 survive termination.
14. Amendments to These Terms
We reserve the right to amend these Terms at any time. For material changes (those that significantly affect your rights or obligations), we will notify registered users by email at least 14 days before the revised Terms take effect and will display a prominent notice on the Service.
For minor changes (such as typographical corrections or clarifications that do not alter the substance of the Terms), we will update the “Last updated” date at the top of this page without proactive email notice.
Your continued use of the Service after the effective date of any amendment constitutes your acceptance of the revised Terms. If you do not accept a material change, you must cease using the Service and close your account before the change takes effect.
15. Governing Law and Jurisdiction
These Terms and any dispute or claim arising out of or in connection with them (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.
Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with these Terms or their subject matter or formation (including non-contractual disputes or claims), save that nothing in this clause shall limit our right to seek emergency or interim relief in any jurisdiction where we deem it necessary to protect our legitimate interests.
16. General Provisions
16.1 Entire Agreement
These Terms, together with our Privacy Policy, constitute the entire agreement between you and the Service Parties with respect to your use of the Service and supersede all prior agreements, representations, and understandings relating to that subject matter.
16.2 Severability
If any provision of these Terms is held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in whole or in part, it shall be deemed modified to the minimum extent necessary to make it valid, legal, and enforceable. If such modification is not possible, the relevant provision shall be deemed deleted. Any such invalidity shall not affect the remaining provisions, which shall continue in full force and effect.
16.3 Waiver
No failure or delay by us in exercising any right or remedy under these Terms or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent any further exercise of that right or remedy.
16.4 Assignment
You may not assign or transfer any of your rights or obligations under these Terms without our prior written consent. We may assign or transfer our rights and obligations in connection with a merger, acquisition, reorganisation, or sale of all or substantially all of our assets, provided that the transferee agrees to be bound by an equivalent set of terms. We will notify you of any such transfer by updating this page.
16.5 No Partnership or Agency
Nothing in these Terms creates or implies any partnership, joint venture, agency, franchise, or employment relationship between you and the Service Parties.
16.6 Force Majeure
The Service Parties shall not be liable for any failure or delay in performing any obligation under these Terms to the extent that such failure or delay is caused by circumstances beyond our reasonable control, including natural disasters, acts of government, power failures, internet outages, acts of third-party service providers, or cyberattacks.
17. Contact Us
For any questions, complaints, or notices in connection with these Terms, please contact:
Laks Tech LimitedGround Floor, 1 Bakers Row
London EC1R 3DB
United Kingdom
Email: privacy@beat-index.com
© 2026 Laks Tech Limited. All rights reserved. · Privacy Policy