CIRTRAN CORP
CIRXdata completeness 63%13 fiscal years on fileThe estimate methods put fair value between $1.22 and $1.33 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Revenue | $2.92M1 | $1.72M2 | $1.62M3 | $1.3M4 | $3.13M4 |
| Net income | $126,2125 | −$1.5M6 | $20.3M7 | −$2.63M8 | −$701,6348 |
| Operating cash flow | $344,4589 | $159,30410 | −$72,60711 | −$46,35412 | −$1.34M12 |
| Capital expenditure | $3,79813 | — | $8,41414 | — | — |
| Free cash flow (derived) | $340,6609 | — | −$81,02111 | — | — |
| Total debt | — | — | — | — | — |
| Cash & equivalents | $5,47215 | $18,08115 | — | — | — |
| Diluted shares | 144.3M | 4.9M | 4.9M | 4.9M | 4.9M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on −$50.77 of net worth that earned you −$1.42 last year.
Not enough data in the filings for a return-on-capital reading.
seeing a moat in the numbers →Share count is down 97% 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.
The 2 estimate methods that apply put fair value between $1.22 and $1.33 a share. They rest on different assumptions, so where they diverge is the story.
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears10
- fcfGrowth5.0%
- fcfBase$340,660
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears5
- fcfGrowth5.0%
- fcfBase$340,660
Different models answer different questions — which to trust when →
| Bear | 0.0% | $0.98 |
| Base | 5.0% | $1.22 |
| Bull | 10.0% | $1.51 |
Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.
Default growth 5.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.
- 10-K · period ending 2021-12-31 · accession 0001493152-23-012637 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2022-12-31 · accession 0001493152-24-015391 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-004894 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-016869 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2021-12-31 · accession 0001493152-23-012637 (NetIncomeLoss)
- 10-K · period ending 2022-12-31 · accession 0001493152-24-015391 (NetIncomeLoss)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-004894 (NetIncomeLoss)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-016869 (NetIncomeLoss)
- 10-K · period ending 2021-12-31 · accession 0001493152-23-012637 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2022-12-31 · accession 0001493152-24-015391 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-004894 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-016869 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2021-12-31 · accession 0001493152-23-012637 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2023-12-31 · accession 0001641172-25-004894 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2021-12-31 · accession 0001493152-23-012637 (CashAndCashEquivalentsAtCarryingValue)