Graf Global Corp.

GRAFdata completeness 50%3 fiscal years on file

Data notes: no data for concept 'revenue'; no data for concept 'capex'; no data for concept 'totalDebt'; no data for concept 'interestExpense'; no data for concept 'incomeTaxExpense'; no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2023FY 2024FY 2025
Revenue
Net income−$3,1511$5.23M2$8.02M2
Operating cash flow−$912,0103−$393,9293
Capital expenditure
Free cash flow (derived)
Total debt
Cash & equivalents$479,6284$6994
Diluted shares5.0M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

iii. Is this a good business?
Moat signal · return on equity
avg · 3y

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

seeing a moat in the numbers →
Management signal · capital allocation
−0% shares · 3y

Share count is roughly flat over 3 years — little dilution, little buyback.

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 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
no diluted share count
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 2023-12-31 · accession 0001410578-25-000338 (NetIncomeLoss)
  2. 10-K · period ending 2024-12-31 · accession 0001104659-26-058645 (NetIncomeLoss)
  3. 10-K · period ending 2024-12-31 · accession 0001104659-26-058645 (NetCashProvidedByUsedInOperatingActivities)
  4. 10-K · period ending 2024-12-31 · accession 0001104659-26-058645 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)