HST Global, Inc.

HSTCdata completeness 75%14 fiscal years on file

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

i. The business — what you’d actually own

Figure	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023
Revenue	$0¹	$0²	$0³	$0⁴	$0⁴
Net income	$426,572⁵	−$208,992⁶	−$148,360⁷	−$145,074⁸	−$146,210⁸
Operating cash flow	−$91,905⁹	−$26,971¹⁰	−$29,836¹¹	−$21,035¹²	−$20,906¹²
Capital expenditure	—	—	—	—	—
Free cash flow (derived)	—	—	—	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$1,955¹³	$660¹⁴	$225¹⁵	$190¹⁵	$1,526¹⁵
Diluted shares	4.2M	5.2M	5.2M	5.2M	5.2M

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

−$1.13

your share of equity

Profit it earned you last year

−$0.28

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$1.13 of net worth that earned you −$0.28 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.

Management signal · capital allocation

+24% shares · 5y

Share count is up 24% over 5 years — owners have been diluted. Worth asking what they got for it.

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

not applicable

diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts