MeritValue

Kindcard, Inc.

KCRDdata completeness 88%9 fiscal years on file

Data notes: no data for concept 'interestExpense'

i. The business — what you’d actually own
FigureFY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$01$25,0001$486,8432$410,8693$365,7083
Net income−$397,1184−$398,3045−$261,3726−$252,2217−$210,4367
Operating cash flow−$110,2258−$185,9189−$64,62810−$122,38411$47,07111
Capital expenditure$13,60512————
Free cash flow (derived)−$123,8308————
Total debt$157,21213$152,22414$158,77215$305,92116$158,42716
Cash & equivalents$21,13117$12,75017$9,64718$9,08918$9,16018
Diluted shares83.8M96.9M97.7M98.2M101.4M

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
−$0.11
your share of equity
Profit it earned you last year
−$0.02
Free cash flow it threw off
—
Debt you’d be carrying
$0.02

10 shares is a claim on −$0.11 of net worth that earned you −$0.02 last year, against $0.02 of debt.

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
+21% shares · 5y

Share count is up 21% over 5 years — owners have been diluted. Worth asking what they got for it. 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
only 2 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 2 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
  1. 10-K · period ending 2022-01-31 · accession 0001477932-23-003764 (RevenueFromContractWithCustomerIncludingAssessedTax)
  2. 10-K · period ending 2024-01-31 · accession 0001477932-25-003933 (Revenues)
  3. 10-K · period ending 2025-01-31 · accession 0001477932-26-003300 (Revenues)
  4. 10-K · period ending 2022-01-31 · accession 0001477932-23-003764 (NetIncomeLoss)
  5. 10-K · period ending 2023-01-31 · accession 0001477932-24-003022 (NetIncomeLoss)
  6. 10-K · period ending 2024-01-31 · accession 0001477932-25-003933 (NetIncomeLoss)
  7. 10-K · period ending 2025-01-31 · accession 0001477932-26-003300 (NetIncomeLoss)
  8. 10-K · period ending 2022-01-31 · accession 0001477932-23-003764 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2023-01-31 · accession 0001477932-24-003022 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2024-01-31 · accession 0001477932-25-003933 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2025-01-31 · accession 0001477932-26-003300 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2022-01-31 · accession 0001477932-22-003594 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2022-01-31 · accession 0001477932-23-003764 (LongTermDebtCurrent)
  14. 10-K · period ending 2023-01-31 · accession 0001477932-24-003022 (LongTermDebtCurrent)
  15. 10-K · period ending 2024-01-31 · accession 0001477932-25-003933 (LongTermDebtNoncurrent)
  16. 10-K · period ending 2025-01-31 · accession 0001477932-26-003300 (LongTermDebtNoncurrent)
  17. 10-K · period ending 2022-01-31 · accession 0001477932-23-003764 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2024-01-31 · accession 0001477932-26-003300 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)