VERDE BIO HOLDINGS, INC.

APHDdata completeness 75%13 fiscal years on file

Data notes: no data for concept 'totalDebt'

The thesis, from the filings

VERDE BIO HOLDINGS, INC. earns about -183% on invested capital, but has diluted owners by 143542% over 5 years — worth asking whether the growth reaches owners. 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

Figure	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023
Revenue	$0¹	—	—	—	—
Net income	−$537,087²	−$1.58M³	$0⁴	−$3.44M⁵	−$1.86M⁵
Operating cash flow	−$16,377⁶	−$177,751⁷	−$685,159⁸	−$1.15M⁹	−$872,226⁹
Capital expenditure	—	—	—	$2.87M¹⁰	$6,985¹⁰
Free cash flow (derived)	—	—	—	−$4.02M⁹	−$879,211⁹
Total debt	—	—	—	—	—
Cash & equivalents	—	—	$2.09M¹¹	$141,206¹¹	$25,836¹¹
Diluted shares	1.1M	1.8M	683.1M	1.18B	1.54B

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

$0.01

your share of equity

Profit it earned you last year

−$0.01

Free cash flow it threw off

−$0.01

Debt you’d be carrying

—

10 shares is a claim on $0.01 of net worth that earned you −$0.01 and generated −$0.01 of cash last year.

iii. Is this a good business?

Moat signal · return on invested capital

-183% avg · 5y

FY19 —FY20 —FY21 -410%FY22 -78%FY23 -62%

It earned an average -183% on invested capital over 5 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →

Management signal · capital allocation

+143542% shares · 5y

Share count is up 143542% over 5 years — owners have been diluted. Worth asking what they got for it.

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

DCF · Growth Exit 5Y

not applicable

only 2 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

10-K · period ending 2019-04-30 · accession 0001445866-20-000067 (Revenues)
10-K · period ending 2019-04-30 · accession 0001445866-20-001088 (ProfitLoss)
10-K · period ending 2020-04-30 · accession 0001096906-21-002272 (ProfitLoss)
10-K/A · period ending 2021-04-30 · accession 0001096906-22-001768 (NetIncomeLoss)
10-K · period ending 2022-04-30 · accession 0001096906-23-001489 (NetIncomeLoss)
10-K · period ending 2019-04-30 · accession 0001445866-20-001088 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2020-04-30 · accession 0001096906-21-002272 (NetCashProvidedByUsedInOperatingActivities)
10-K/A · period ending 2021-04-30 · accession 0001096906-22-001768 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2022-04-30 · accession 0001096906-23-001489 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2022-04-30 · accession 0001096906-23-001489 (PaymentsToAcquirePropertyPlantAndEquipment)
10-K · period ending 2021-04-30 · accession 0001096906-23-001489 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)