GRAPHJET TECHNOLOGY
GTIJFdata completeness 88%5 fiscal years on filei. The business — what you’d actually own
| Figure | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | $92,7761 |
| Net income | $53,8842 | −$1.84M3 | −$46,3672 | −$17.8M4 | −$16.4M4 |
| Operating cash flow | −$667,9385 | $410,3236 | −$396,8435 | −$3.03M7 | −$2.12M7 |
| Capital expenditure | — | $1,5988 | — | $1.44M9 | $430,6069 |
| Free cash flow (derived) | — | $408,7256 | — | −$4.46M7 | −$2.55M7 |
| Total debt | — | $510,23410 | — | — | — |
| Cash & equivalents | — | $1,43011 | — | $348,65512 | $7,35412 |
| Diluted shares | 3.4M | 137.8M | — | 2.4M | 2.5M |
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
−$42.97
your share of equity
Profit it earned you last year
−$64.86
Free cash flow it threw off
−$10.08
Debt you’d be carrying
—
10 shares is a claim on −$42.97 of net worth that earned you −$64.86 and generated −$10.08 of cash 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
−26% shares · 5y
Share count is down 26% over 5 years — management has been buying back stock, quietly handing owners a bigger slice. 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 2025-09-30 · accession 0001213900-25-125488 (Revenues)
- 10-K · period ending 2022-12-31 · accession 0001493152-24-015564 (NetIncomeLoss)
- 10-K · period ending 2023-09-30 · accession 0001213900-25-063924 (NetIncomeLoss)
- 10-K · period ending 2024-09-30 · accession 0001213900-25-125488 (NetIncomeLoss)
- 10-K · period ending 2022-12-31 · accession 0001493152-24-015564 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-09-30 · accession 0001213900-25-063924 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2024-09-30 · accession 0001213900-25-125488 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-09-30 · accession 0001213900-25-063924 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2024-09-30 · accession 0001213900-25-125488 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2023-09-30 · accession 0001213900-25-063924 (LongTermDebtCurrent)
- 10-K · period ending 2023-09-30 · accession 0001213900-25-063924 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2024-09-30 · accession 0001213900-25-125488 (CashAndCashEquivalentsAtCarryingValue)