GBT Technologies Inc.

GTCHdata completeness 63%16 fiscal years on file

Data notes: no data for concept 'totalDebt'

The thesis, from the filings

The applicable estimate puts fair value near $0 a share.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 2021FY 2022FY 2023FY 2024FY 2025
Revenue$180,0001$90,0002
Net income−$33.9M3$6.35M4$20.7M5$20.7M6−$718,2925
Operating cash flow−$1.37M7−$231,8748−$51,3419$27,14210$47010
Capital expenditure
Free cash flow (derived)
Total debt
Cash & equivalents$155,10611$93,58112$52913$12513$59513
Diluted shares20.0M4.65B589.34B589.34B653.86B

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
your share of equity
Profit it earned you last year
−$0
Free cash flow it threw off
Debt you’d be carrying

10 shares is a claim on −$0 of net worth that earned you −$0 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
+3270587% shares · 5y

Share count is up 3270587% 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
only 1 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 1 years of FCF (need ≥3) — model not applicable
Earnings Power Value
$0
assumptions (8)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$6.35M
  • growthAssumed0.0%
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/A · period ending 2021-12-31 · accession 0001731122-23-000664 (Revenues)
  2. 10-K/A · period ending 2022-12-31 · accession 0001731122-24-001280 (Revenues)
  3. 10-K/A · period ending 2021-12-31 · accession 0001731122-23-000664 (NetIncomeLoss)
  4. 10-K/A · period ending 2022-12-31 · accession 0001731122-24-001280 (NetIncomeLoss)
  5. 10-K · period ending 2023-12-31 · accession 0001731122-26-000573 (NetIncomeLoss)
  6. 10-K · period ending 2024-12-31 · accession 0001731122-25-000487 (NetIncomeLoss)
  7. 10-K/A · period ending 2021-12-31 · accession 0001731122-23-000664 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K/A · period ending 2022-12-31 · accession 0001731122-24-001280 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2023-12-31 · accession 0001731122-25-000487 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2024-12-31 · accession 0001731122-26-000573 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K/A · period ending 2021-12-31 · accession 0001731122-24-001280 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  12. 10-K/A · period ending 2022-12-31 · accession 0001731122-23-000664 (CashAndCashEquivalentsAtCarryingValue)
  13. 10-K · period ending 2023-12-31 · accession 0001731122-26-000573 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)