SB Technology Holdings, Inc.
BIOMdata completeness 75%2 fiscal years on fileData notes: no data for concept 'cash'; no data for concept 'totalDebt'; no data for concept 'pretaxIncome'
i. The business — what you’d actually own
| Figure | FY 2013 | FY 2014 |
|---|---|---|
| Revenue | $01 | $01 |
| Net income | −$7.42M2 | −$6.19M2 |
| Operating cash flow | −$1.04M3 | −$1.91M3 |
| Capital expenditure | $04 | $04 |
| Free cash flow (derived) | −$1.04M3 | −$1.91M3 |
| Total debt | — | — |
| Cash & equivalents | — | — |
| Diluted shares | 17.5M | 46.2M |
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
shares
Net assets behind them
−$0.97
your share of equity
Profit it earned you last year
−$1.34
Free cash flow it threw off
−$0.41
Debt you’d be carrying
—
10 shares is a claim on −$0.97 of net worth that earned you −$1.34 and generated −$0.41 of cash last year.
iii. Is this a good business?
Moat signal · return on equity
— avg · 2y
Not enough data in the filings for a return-on-capital reading.
seeing a moat in the numbers →Management signal · capital allocation
+165% shares · 2y
Share count is up 165% over 2 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 —
Different models answer different questions — which to trust when →
Sources — the receipts
- 10-K · period ending 2013-12-31 · accession 0001019687-15-001463 (Revenues)
- 10-K · period ending 2013-12-31 · accession 0001019687-15-001463 (NetIncomeLoss)
- 10-K · period ending 2013-12-31 · accession 0001019687-15-001463 (NetCashProvidedByUsedInOperatingActivitiesContinuingOperations)
- 10-K · period ending 2013-12-31 · accession 0001019687-15-001463 (PaymentsToAcquirePropertyPlantAndEquipment)