MeritValue

FARMHOUSE, INC. /NV

FMHSdata completeness 75%7 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'totalDebt'; no data for concept 'investmentsAtFairValue'; no data for concept 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'; no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$12,2431$10,2612$15,2273$4,1544$6234
Net income−$975,5795−$442,7826−$560,7897−$464,3438−$393,2668
Operating cash flow−$210,2329−$270,89510−$83,45411−$106,41212−$179,02212
Capital expenditure—————
Free cash flow (derived)—————
Total debt—————
Cash & equivalents$3,78013$62,06314$015$41316$14,18816
Diluted shares15.7M17.1M17.3M17.9M18.9M

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
−$1.41
your share of equity
Profit it earned you last year
−$0.21
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$1.41 of net worth that earned you −$0.21 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
+21% shares · 5y

Share count is up 21% 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 v0.5.0
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 2021-12-31 · accession 0001096906-23-000882 (Revenues)
  2. 10-K · period ending 2022-12-31 · accession 0001096906-24-001512 (Revenues)
  3. 10-K · period ending 2023-12-31 · accession 0001096906-25-000995 (Revenues)
  4. 10-K · period ending 2024-12-31 · accession 0001096906-26-000562 (Revenues)
  5. 10-K · period ending 2021-12-31 · accession 0001096906-23-000882 (NetIncomeLoss)
  6. 10-K · period ending 2022-12-31 · accession 0001096906-24-001512 (NetIncomeLoss)
  7. 10-K · period ending 2023-12-31 · accession 0001096906-25-000995 (NetIncomeLoss)
  8. 10-K · period ending 2024-12-31 · accession 0001096906-26-000562 (NetIncomeLoss)
  9. 10-K · period ending 2021-12-31 · accession 0001096906-23-000882 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-12-31 · accession 0001096906-24-001512 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-12-31 · accession 0001096906-25-000995 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-12-31 · accession 0001096906-26-000562 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2021-12-31 · accession 0001096906-23-000882 (CashAndCashEquivalentsAtCarryingValue)
  14. 10-K · period ending 2022-12-31 · accession 0001096906-24-001512 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2023-12-31 · accession 0001096906-25-000995 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2024-12-31 · accession 0001096906-26-000562 (CashAndCashEquivalentsAtCarryingValue)