Abpro Holdings, Inc.

ABPOdata completeness 63%4 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'interestExpense'

i. The business — what you’d actually own

Figure	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	—	$122,000¹	$183,000¹	—
Net income	$886,918²	$2.82M²	−$7.23M³	−$2.89M³
Operating cash flow	−$1.18M⁴	−$7.4M⁵	−$9.03M⁶	−$6.01M⁶
Capital expenditure	—	$48,000⁷	—	—
Free cash flow (derived)	—	−$7.45M⁵	—	—
Total debt	—	—	—	—
Cash & equivalents	$392,446⁸	$723,000⁹	$2.85M⁹	$82,000¹⁰
Diluted shares	—	19.1M	780,332	2.2M

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

Net assets behind them

−$39.55

your share of equity

Profit it earned you last year

−$12.95

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$39.55 of net worth that earned you −$12.95 last year.

iii. Is this a good business?

Moat signal · return on equity

— avg · 4y

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

Management signal · capital allocation

−88% shares · 4y

Share count is down 88% over 4 years — management has been buying back stock, quietly handing owners a bigger slice.

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 v0.1.0

DCF · Growth Exit 10Y

not applicable

only 1 years of FCF (need ≥3) — model not applicable

DCF · Growth Exit 5Y

not applicable

only 1 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