MeritValue

Bon Natural Life Ltd

BONdata completeness 100%7 fiscal years on file
i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$25.5M1$29.9M2$29.5M3$23.8M3$18.7M3
Net income$4.59M4$6.24M5$4.6M6$398,1726−$1.99M6
Operating cash flow$4.05M7−$187,1218−$616,9049−$7.72M9$141,1159
Capital expenditure$51,87810$27,69511$61,90612$7,04712$6,82712
Free cash flow (derived)$4M7−$214,8168−$678,8109−$7.73M9$134,2889
Total debt$5.28M13$7.08M13$5.09M14$8.58M15$14.1M15
Cash & equivalents$1.9M16$840,86117$112,75117$80,46618$6.27M17
Diluted shares6.7M839,60636,79296,1142.8M

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
You’d own
0.00036%
of the whole company
Your share of last year’s profit
−$7.24
Your share of its debt
$51.16
Your share of free cash flow
$0.49
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
$17.56
assumptions (8)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$4.59M
  • growthAssumed0.0%
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. 20-F/A · period ending 2021-09-30 · accession 0001493152-24-040806 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 20-F/A · period ending 2022-09-30 · accession 0001641172-25-004960 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 20-F · period ending 2023-09-30 · accession 0001493152-26-003270 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 20-F/A · period ending 2021-09-30 · accession 0001493152-24-040806 (NetIncomeLoss)
  5. 20-F/A · period ending 2022-09-30 · accession 0001641172-25-004960 (NetIncomeLoss)
  6. 20-F · period ending 2023-09-30 · accession 0001493152-26-003270 (NetIncomeLoss)
  7. 20-F/A · period ending 2021-09-30 · accession 0001493152-24-040806 (NetCashProvidedByUsedInOperatingActivities)
  8. 20-F/A · period ending 2022-09-30 · accession 0001641172-25-004960 (NetCashProvidedByUsedInOperatingActivities)
  9. 20-F · period ending 2023-09-30 · accession 0001493152-26-003270 (NetCashProvidedByUsedInOperatingActivities)
  10. 20-F/A · period ending 2021-09-30 · accession 0001493152-24-040806 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 20-F/A · period ending 2022-09-30 · accession 0001641172-25-004960 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 20-F · period ending 2023-09-30 · accession 0001493152-26-003270 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 20-F/A · period ending 2021-09-30 · accession 0001493152-24-040806 (LongTermDebtNoncurrent)
  14. 20-F/A · period ending 2023-09-30 · accession 0001641172-25-004960 (LongTermDebtNoncurrent)
  15. 20-F · period ending 2024-09-30 · accession 0001493152-26-003270 (LongTermDebtNoncurrent)
  16. 20-F/A · period ending 2021-09-30 · accession 0001641172-25-004960 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  17. 20-F · period ending 2022-09-30 · accession 0001493152-26-003270 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  18. 20-F/A · period ending 2024-09-30 · accession 0001641172-25-004960 (CashAndCashEquivalentsAtCarryingValue)