LVPAI GROUP Ltd
LVPAdata completeness 75%7 fiscal years on fileData notes: no data for concept 'capex'; no data for concept 'totalDebt'; no data for concept 'interestExpense'
i. The business — what you’d actually own
| Figure | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|
| Revenue | $01 | $01 | $02 | $03 | $03 |
| Net income | −$28,7694 | −$36,2585 | −$40,0736 | −$32,5557 | −$30,3857 |
| Operating cash flow | −$24,4998 | −$40,1089 | −$40,05310 | −$31,53011 | −$30,01511 |
| Capital expenditure | — | — | — | — | — |
| Free cash flow (derived) | — | — | — | — | — |
| Total debt | — | — | — | — | — |
| Cash & equivalents | — | $012 | $013 | $013 | $013 |
| Diluted shares | 103,103 | 13.3M | 100.1M | 100.1M | 100.1M |
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
−$0.02
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 −$0.02 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
+96990% shares · 5y
Share count is up 96990% 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 —
Different models answer different questions — which to trust when →
Sources — the receipts
- 10-K/A · period ending 2022-01-31 · accession 0001477932-23-009405 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2024-01-31 · accession 0001477932-25-003365 (Revenues)
- 10-K · period ending 2025-01-31 · accession 0001477932-26-003267 (Revenues)
- 10-K/A · period ending 2022-01-31 · accession 0001477932-23-009405 (NetIncomeLoss)
- 10-K · period ending 2023-01-31 · accession 0001477932-24-002301 (NetIncomeLoss)
- 10-K · period ending 2024-01-31 · accession 0001477932-25-003365 (NetIncomeLoss)
- 10-K · period ending 2025-01-31 · accession 0001477932-26-003267 (NetIncomeLoss)
- 10-K/A · period ending 2022-01-31 · accession 0001477932-23-009405 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-01-31 · accession 0001477932-24-002301 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2024-01-31 · accession 0001477932-25-003365 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2025-01-31 · accession 0001477932-26-003267 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-01-31 · accession 0001477932-25-003365 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
- 10-K · period ending 2024-01-31 · accession 0001477932-26-003267 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)