MeritValue

Corner Growth Acquisition Corp.

COOLdata completeness 63%4 fiscal years on file

Data notes: no data for concept 'revenue'; no data for concept 'capex'; no data for concept 'totalDebt'; no data for concept 'investmentsAtFairValue'; no data for concept 'netInvestmentIncome'; no data for concept 'depreciationAmortization'; no data for concept 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'; no data for concept 'epsDiluted'; no data for concept 'interestExpense'; no data for concept 'incomeTaxExpense'; no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024
Revenue————
Net income$5.55M1$17.7M2−$3.49M3−$321,5763
Operating cash flow−$1.23M4−$540,6985−$9,9166−$21,6316
Capital expenditure————
Free cash flow (derived)————
Total debt————
Cash & equivalents$646,5587$31,5478$21,6318$08
Diluted shares———9.8M

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
Net assets behind them
−$0.3
your share of equity
Profit it earned you last year
−$0.33
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.3 of net worth that earned you −$0.33 last year.

iii. Is this a good business?
Moat signal · return on equity
— avg · 4y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
−0% shares · 4y

Share count is roughly flat over 4 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 —

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2021-12-31 · accession 0001193125-23-088250 (NetIncomeLoss)
  2. 10-K · period ending 2022-12-31 · accession 0001193125-24-083610 (NetIncomeLoss)
  3. 10-K · period ending 2023-12-31 · accession 0001477932-25-004942 (NetIncomeLoss)
  4. 10-K · period ending 2021-12-31 · accession 0001193125-23-088250 (NetCashProvidedByUsedInOperatingActivities)
  5. 10-K · period ending 2022-12-31 · accession 0001193125-24-083610 (NetCashProvidedByUsedInOperatingActivities)
  6. 10-K · period ending 2023-12-31 · accession 0001477932-25-004942 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K · period ending 2021-12-31 · accession 0001193125-22-091966 (CashAndCashEquivalentsAtCarryingValue)
  8. 10-K · period ending 2022-12-31 · accession 0001477932-25-004942 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)