DSG Global Inc.

DSGTdata completeness 88%16 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'incomeTaxExpense'

i. The business — what you’d actually own
FigureFY 2018FY 2019FY 2020FY 2021FY 2022
Revenue$1.28M1$1.4M2$900,4823$2.09M4$3.83M4
Net income−$9.83M5−$3.08M6−$6.18M7−$6.38M8−$7.55M8
Operating cash flow−$1.42M9−$848,77710−$1.4M11−$5.61M12−$3.62M12
Capital expenditure$1,57013$1,38314$23,16115$26,54116$8,89216
Free cash flow (derived)−$1.42M9−$850,16010−$1.42M11−$5.64M12−$3.63M12
Total debt
Cash & equivalents$5,05917$25,49418$1.37M19$275,38320$53,77920
Diluted shares340,264801,99335.7M114.9M136.6M

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
−$0.7
your share of equity
Profit it earned you last year
−$0.55
Free cash flow it threw off
−$0.27
Debt you’d be carrying

10 shares is a claim on −$0.7 of net worth that earned you −$0.55 and generated −$0.27 of cash last year.

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
+40048% shares · 5y

Share count is up 40048% over 5 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 — 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
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 2018-12-31 · accession 0001493152-20-008900 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2019-12-31 · accession 0001493152-21-005426 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2020-12-31 · accession 0001493152-22-008666 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K/A · period ending 2021-12-31 · accession 0001493152-23-024445 (RevenueFromContractWithCustomerExcludingAssessedTax)
  5. 10-K · period ending 2018-12-31 · accession 0001493152-20-008900 (NetIncomeLoss)
  6. 10-K · period ending 2019-12-31 · accession 0001493152-21-005426 (NetIncomeLoss)
  7. 10-K · period ending 2020-12-31 · accession 0001493152-22-008666 (NetIncomeLoss)
  8. 10-K/A · period ending 2021-12-31 · accession 0001493152-23-024445 (NetIncomeLoss)
  9. 10-K · period ending 2018-12-31 · accession 0001493152-20-008900 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2019-12-31 · accession 0001493152-21-005426 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2020-12-31 · accession 0001493152-22-008666 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K/A · period ending 2021-12-31 · accession 0001493152-23-024445 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2018-12-31 · accession 0001493152-20-008900 (PaymentsToAcquirePropertyPlantAndEquipment)
  14. 10-K · period ending 2019-12-31 · accession 0001493152-21-005426 (PaymentsToAcquirePropertyPlantAndEquipment)
  15. 10-K · period ending 2020-12-31 · accession 0001493152-22-008666 (PaymentsToAcquirePropertyPlantAndEquipment)
  16. 10-K/A · period ending 2021-12-31 · accession 0001493152-23-024445 (PaymentsToAcquirePropertyPlantAndEquipment)
  17. 10-K · period ending 2018-12-31 · accession 0001493152-20-008900 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2019-12-31 · accession 0001493152-21-005426 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2020-12-31 · accession 0001493152-22-008666 (CashAndCashEquivalentsAtCarryingValue)
  20. 10-K/A · period ending 2021-12-31 · accession 0001493152-23-024445 (CashAndCashEquivalentsAtCarryingValue)