MeritValue

Global Interactive Technologies, Inc.

GITSdata completeness 75%4 fiscal years on file
The thesis, from the filings

Global Interactive Technologies, Inc. earns about -64% on invested capital, and has bought back 93% of its shares over 4 years. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2022FY 2023FY 2024FY 2025
Revenue$428,1871$794,1661—$1,9322
Net income−$6.24M3−$9.29M4−$6.17M5−$4.63M5
Operating cash flow−$3.49M6−$1.84M7−$456,4318−$751,1978
Capital expenditure$7,0249$131,69210——
Free cash flow (derived)−$3.49M6−$1.97M7——
Total debt$011$262,82011——
Cash & equivalents$118,95812$5.43M12$2,35213$6,99013
Diluted shares43.0M2.5M2.6M3.2M

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
$10.69
your share of equity
Profit it earned you last year
−$14.39
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on $10.69 of net worth that earned you −$14.39 last year.

iii. Is this a good business?
Moat signal · return on invested capital
-64% avg · 4y
FY22 —FY23 -18%FY24 -66%FY25 -107%

It earned an average -64% on invested capital over 4 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
−93% shares · 4y

Share count is down 93% over 4 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.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 2 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 0001213900-24-061514 (Revenues)
  2. 10-K · period ending 2025-12-31 · accession 0001493152-26-025106 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2022-12-31 · accession 0001213900-24-061514 (NetIncomeLoss)
  4. 10-K · period ending 2023-12-31 · accession 0001213900-25-036973 (NetIncomeLoss)
  5. 10-K · period ending 2024-12-31 · accession 0001493152-26-025106 (NetIncomeLoss)
  6. 10-K · period ending 2022-12-31 · accession 0001213900-24-061514 (NetCashProvidedByUsedInOperatingActivitiesContinuingOperations)
  7. 10-K · period ending 2023-12-31 · accession 0001213900-25-036973 (NetCashProvidedByUsedInOperatingActivitiesContinuingOperations)
  8. 10-K · period ending 2024-12-31 · accession 0001493152-26-025106 (NetCashProvidedByUsedInOperatingActivitiesContinuingOperations)
  9. 10-K · period ending 2022-12-31 · accession 0001213900-24-061514 (PaymentsToAcquirePropertyPlantAndEquipment)
  10. 10-K · period ending 2023-12-31 · accession 0001213900-25-036973 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2022-12-31 · accession 0001213900-24-061514 (ShortTermBorrowings)
  12. 10-K · period ending 2022-12-31 · accession 0001213900-25-036973 (CashAndCashEquivalentsAtCarryingValue)
  13. 10-K · period ending 2024-12-31 · accession 0001493152-26-025106 (CashAndCashEquivalentsAtCarryingValue)