MeritValue

BestGofer Inc.

BGFRdata completeness 75%8 fiscal years on file

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

The thesis, from the filings

BestGofer Inc. earns about -111% on equity, with a roughly flat share count. 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$01$02$03$04$5,2604
Net income−$12,0005−$33,3436−$43,7927−$27,5628−$25,7488
Operating cash flow−$10,5009−$29,05010−$2,75011$012$3,14012
Capital expenditure—————
Free cash flow (derived)—————
Total debt—————
Cash & equivalents$16,25013$014$015$016$3,20216
Diluted shares5.9M5.9M5.9M5.9M5.9M

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
−$0.04
your share of equity
Profit it earned you last year
−$0.04
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.04 of net worth that earned you −$0.04 last year.

iii. Is this a good business?
Moat signal · return on equity
-111% avg · 5y
FY21 -111%FY22 —FY23 —FY24 —FY25 —

It earned an average -111% 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
+0% shares · 5y

Share count is roughly flat over 5 years — little dilution, little buyback.

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 · period ending 2021-11-30 · accession 0001558891-22-000011 (Revenues)
  2. 10-K · period ending 2022-11-30 · accession 0001558891-24-000004 (Revenues)
  3. 10-K/A · period ending 2023-11-30 · accession 0001139020-25-000194 (Revenues)
  4. 10-K · period ending 2024-11-30 · accession 0001722556-26-000004 (Revenues)
  5. 10-K · period ending 2021-11-30 · accession 0001558891-23-000017 (NetIncomeLoss)
  6. 10-K · period ending 2022-11-30 · accession 0001558891-24-000004 (NetIncomeLoss)
  7. 10-K/A · period ending 2023-11-30 · accession 0001139020-25-000194 (NetIncomeLoss)
  8. 10-K · period ending 2024-11-30 · accession 0001722556-26-000004 (NetIncomeLoss)
  9. 10-K · period ending 2021-11-30 · accession 0001558891-22-000011 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-11-30 · accession 0001558891-24-000004 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K/A · period ending 2023-11-30 · accession 0001139020-25-000194 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-11-30 · accession 0001722556-26-000004 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2021-11-30 · accession 0001558891-22-000011 (CashAndCashEquivalentsAtCarryingValue)
  14. 10-K · period ending 2022-11-30 · accession 0001558891-23-000017 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2023-11-30 · accession 0001722556-26-000004 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  16. 10-K · period ending 2024-11-30 · accession 0001722556-26-000004 (CashAndCashEquivalentsAtCarryingValue)