MeritValue

Apple iSports Group, Inc.

AAPIdata completeness 75%17 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'investmentsAtFairValue'; no data for concept 'netInvestmentIncome'; no data for concept 'depreciationAmortization'; no data for concept 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'

i. The business — what you’d actually own
FigureFY 2022FY 2022FY 2023FY 2024FY 2025
Revenue$01$02$03$04$04
Net income−$55,9955−$1.57M6−$3.68M7−$2.82M8−$6.41M8
Operating cash flow−$53,7319−$1.28M10−$1.47M11−$2.36M12−$1.66M12
Capital expenditure—————
Free cash flow (derived)—————
Total debt———$2.68M13—
Cash & equivalents$5,16114$19,85715$67316$42,16716$55,93816
Diluted shares7.6M7.6M202.7M206.7M219.5M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.19
your share of equity
Profit it earned you last year
−$0.29
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.19 of net worth that earned you −$0.29 last year.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
+2772% shares · 5y

Share count is up 2772% over 5 years — owners have been diluted. Worth asking what they got for it. Total debt has held roughly steady.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.5.0
DCF · Growth Exit 10Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 0 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2022-04-30 · accession 0001477932-22-006967 (Revenues)
  2. 10-K · period ending 2022-12-31 · accession 0001477932-24-002287 (Revenues)
  3. 10-K · period ending 2023-12-31 · accession 0001477932-25-002341 (Revenues)
  4. 10-K · period ending 2024-12-31 · accession 0001477932-26-002110 (Revenues)
  5. 10-K · period ending 2022-04-30 · accession 0001477932-22-006967 (NetIncomeLoss)
  6. 10-K · period ending 2022-12-31 · accession 0001477932-24-002287 (NetIncomeLoss)
  7. 10-K · period ending 2023-12-31 · accession 0001477932-25-002341 (NetIncomeLoss)
  8. 10-K · period ending 2024-12-31 · accession 0001477932-26-002110 (NetIncomeLoss)
  9. 10-K · period ending 2022-04-30 · accession 0001477932-22-006967 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-12-31 · accession 0001477932-24-002287 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-12-31 · accession 0001477932-25-002341 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-12-31 · accession 0001477932-26-002110 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2025-01-09 · accession 0001477932-26-002110 (LongTermDebt)
  14. 10-K · period ending 2022-04-30 · accession 0001477932-22-006967 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2022-12-31 · accession 0001477932-25-002341 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  16. 10-K · period ending 2023-12-31 · accession 0001477932-26-002110 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)