MeritValue

Hestia Insight Inc.

HSTAdata completeness 75%8 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'totalDebt'

The thesis, from the filings

Hestia Insight Inc. earns about -415% on invested capital, with a roughly flat share count. 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 2021FY 2022FY 2023FY 2024FY 2025
Revenue$28,5001$15,0002$113,4133$1.25M4$8,0004
Net income−$9.77M5−$1.71M6−$500,4057$642,2058−$943,4448
Operating cash flow−$209,7039−$280,33110−$278,21411−$168,80512−$134,27212
Capital expenditure—————
Free cash flow (derived)—————
Total debt—————
Cash & equivalents$524,74113$252,95614$93,89015$41,16315$28,87115
Diluted shares28.0M27.9M27.9M27.9M27.9M

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
$0.04
your share of equity
Profit it earned you last year
−$0.34
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on $0.04 of net worth that earned you −$0.34 last year.

iii. Is this a good business?
Moat signal · return on invested capital
-415% avg · 5y
FY21 -430%FY22 -318%FY23 -469%FY24 65%FY25 -921%

It earned an average -415% on invested capital over 5 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
−0% shares · 5y

Share count is roughly flat over 5 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
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
$0.04
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2021-11-30 · accession 0001829126-23-001689 (Revenues)
  2. 10-K · period ending 2022-11-30 · accession 0001829126-24-001597 (Revenues)
  3. 10-K · period ending 2023-11-30 · accession 0001829126-25-001913 (Revenues)
  4. 10-K · period ending 2024-11-30 · accession 0001829126-26-001812 (Revenues)
  5. 10-K · period ending 2021-11-30 · accession 0001829126-23-001689 (NetIncomeLoss)
  6. 10-K · period ending 2022-11-30 · accession 0001829126-24-001597 (NetIncomeLoss)
  7. 10-K · period ending 2023-11-30 · accession 0001829126-25-001913 (NetIncomeLoss)
  8. 10-K · period ending 2024-11-30 · accession 0001829126-26-001812 (NetIncomeLoss)
  9. 10-K · period ending 2021-11-30 · accession 0001829126-23-001689 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-11-30 · accession 0001829126-24-001597 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-11-30 · accession 0001829126-25-001913 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-11-30 · accession 0001829126-26-001812 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2021-11-30 · accession 0001829126-22-004520 (CashAndCashEquivalentsAtCarryingValue)
  14. 10-K · period ending 2022-11-30 · accession 0001829126-25-001913 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  15. 10-K · period ending 2023-11-30 · accession 0001829126-26-001812 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)