MeritValue

Idaho Copper Corp

COPRdata completeness 75%17 fiscal years on file

Data notes: no data for concept 'investmentsAtFairValue'; no data for concept 'netInvestmentIncome'; no data for concept 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'

i. The business — what you’d actually own
FigureFY 2022FY 2023FY 2024FY 2025FY 2026
Revenue—————
Net income−$74,7081−$4.3M2−$3.71M3−$5.14M4−$3.07M4
Operating cash flow—−$147,5745−$868,4286−$2.5M7−$818,6037
Capital expenditure—————
Free cash flow (derived)—————
Total debt———$100,0008$569,0009
Cash & equivalents—$431,37410$30,14610$100,67811$24,27411
Diluted shares20.1M24.2M211.3M12.4M13.4M

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
−$4.8
your share of equity
Profit it earned you last year
−$2.29
Free cash flow it threw off
—
Debt you’d be carrying
$0.42

10 shares is a claim on −$4.8 of net worth that earned you −$2.29 last year, against $0.42 of debt.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

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

seeing a moat in the numbers →
Management signal · capital allocation
−33% shares · 5y

Share count is down 33% over 5 years — management has been buying back stock, quietly handing owners a bigger slice. Total debt has risen 469% over the same window.

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 v0.5.0
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 2022-12-31 · accession 0001213900-23-019266 (NetIncomeLoss)
  2. 10-K/A · period ending 2023-01-31 · accession 0001641172-25-005125 (NetIncomeLoss)
  3. 10-K · period ending 2024-01-31 · accession 0001641172-25-005644 (NetIncomeLoss)
  4. 10-K · period ending 2025-01-31 · accession 0001493152-26-010471 (NetIncomeLoss)
  5. 10-K/A · period ending 2023-01-31 · accession 0001641172-25-005125 (NetCashProvidedByUsedInOperatingActivities)
  6. 10-K · period ending 2024-01-31 · accession 0001641172-25-005644 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K · period ending 2025-01-31 · accession 0001493152-26-010471 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2025-01-31 · accession 0001641172-25-005644 (LongTermDebt)
  9. 10-K · period ending 2026-01-31 · accession 0001493152-26-010471 (LongTermDebt)
  10. 10-K/A · period ending 2023-01-31 · accession 0001641172-25-005125 (CashAndCashEquivalentsAtCarryingValue)
  11. 10-K · period ending 2025-01-31 · accession 0001493152-26-010471 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)