Gloo Holdings, Inc.

GLOOdata completeness 100%3 fiscal years on file

Data notes: no data for concept 'interestExpense'

The thesis, from the filings

Gloo Holdings, Inc. earns about -116% on equity, but has diluted owners by 199% over 3 years — worth asking whether the growth reaches owners. 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

Figure	FY 2024	FY 2025	FY 2026
Revenue	$21.3M¹	$23.2M¹	$94.7M¹
Net income	−$48.3M²	−$85.7M²	−$157.1M²
Operating cash flow	−$41.4M³	−$46.1M³	−$80.5M³
Capital expenditure	$450,000⁴	$425,000⁴	$1.19M⁴
Free cash flow (derived)	−$41.8M³	−$46.6M³	−$81.7M³
Total debt	—	$70.1M⁵	$71.8M⁵
Cash & equivalents	—	$13.6M⁶	$57.3M⁶
Diluted shares	7.6M	7.8M	22.7M

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

Net assets behind them

$59.56

your share of equity

Profit it earned you last year

−$69.23

Free cash flow it threw off

−$35.99

Debt you’d be carrying

$31.65

10 shares is a claim on $59.56 of net worth that earned you −$69.23 and generated −$35.99 of cash last year, against $31.65 of debt.

iii. Is this a good business?

Moat signal · return on equity

-116% avg · 3y

FY24 —FY25 —FY26 -116%

It earned an average -116% on equity over 3 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →

Management signal · capital allocation

+199% shares · 3y

Share count is up 199% over 3 years — owners have been diluted. Worth asking what they got for it. Total debt has held roughly steady.

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

10-K · period ending 2024-01-31 · accession 0001193125-26-156999 (RevenueFromContractWithCustomerExcludingAssessedTax)
10-K · period ending 2024-01-31 · accession 0001193125-26-156999 (NetIncomeLoss)
10-K · period ending 2024-01-31 · accession 0001193125-26-156999 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2024-01-31 · accession 0001193125-26-156999 (PaymentsToAcquirePropertyPlantAndEquipment)
10-K · period ending 2025-01-31 · accession 0001193125-26-156999 (LongTermDebtNoncurrent)
10-K · period ending 2025-01-31 · accession 0001193125-26-156999 (CashAndCashEquivalentsAtCarryingValue)