MeritValue

AMERIGUARD SECURITY SERVICES, INC.

AGSSdata completeness 75%10 fiscal years on file
The thesis, from the filings

AMERIGUARD SECURITY SERVICES, INC. earns about 4% on equity, and has bought back 5% of its shares over 5 years. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$22.4M1$24.9M2$21M3$26.4M4$23.5M4
Net income$94,1155−$436,7666$103,6157−$2.34M8−$487,7928
Operating cash flow$276,7399$258,14010−$87,71511−$2.61M12−$235,47112
Capital expenditure—————
Free cash flow (derived)—————
Total debt—————
Cash & equivalents$2.13M13$1.23M14$2.17M15$424,58816$728,91516
Diluted shares94.5M94.9M94.9M94.9M89.4M

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
−$0.4
your share of equity
Profit it earned you last year
−$0.05
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.4 of net worth that earned you −$0.05 last year.

iii. Is this a good business?
Moat signal · return on equity
4% avg · 5y
FY21 4%FY22 —FY23 —FY24 —FY25 —

It earned an average 4% on equity over 5 years. Compare that to what it costs to fund the business.

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

Share count is down 5% over 5 years — management has been buying back stock, quietly handing owners a bigger slice.

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 v0.1.0
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/A · period ending 2021-12-31 · accession 0001829126-23-006123 (Revenues)
  2. 10-K/A · period ending 2022-12-31 · accession 0001829126-25-003478 (Revenues)
  3. 10-K · period ending 2023-12-31 · accession 0001829126-25-003553 (Revenues)
  4. 10-K · period ending 2024-12-31 · accession 0001213900-26-073232 (Revenues)
  5. 10-K/A · period ending 2021-12-31 · accession 0001829126-23-006123 (NetIncomeLoss)
  6. 10-K/A · period ending 2022-12-31 · accession 0001829126-25-003478 (NetIncomeLoss)
  7. 10-K · period ending 2023-12-31 · accession 0001829126-25-003553 (NetIncomeLoss)
  8. 10-K · period ending 2024-12-31 · accession 0001213900-26-073232 (NetIncomeLoss)
  9. 10-K/A · period ending 2021-12-31 · accession 0001829126-23-006123 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K/A · period ending 2022-12-31 · accession 0001829126-25-003478 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-12-31 · accession 0001829126-25-003553 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-12-31 · accession 0001213900-26-073232 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K/A · period ending 2021-12-31 · accession 0001829126-23-006123 (CashAndCashEquivalentsAtCarryingValue)
  14. 10-K/A · period ending 2022-12-31 · accession 0001829126-25-003478 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2023-12-31 · accession 0001829126-25-003553 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2024-12-31 · accession 0001213900-26-073232 (CashAndCashEquivalentsAtCarryingValue)