MeritValue

Magnitude International Ltd

MAGHdata completeness 100%1 fiscal years on file
The thesis, from the filings

Magnitude International Ltd earns about 5% 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 2025
Revenue$11.8M1
Net income$32,9262
Operating cash flow−$709,3943
Capital expenditure$14,9174
Free cash flow (derived)−$724,3113
Total debt$1.79M5
Cash & equivalents$582,1136
Diluted shares33.4M

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
$0.14
your share of equity
Profit it earned you last year
$0.01
Free cash flow it threw off
−$0.22
Debt you’d be carrying
$0.54

10 shares is a claim on $0.14 of net worth that earned you $0.01 and generated −$0.22 of cash last year, against $0.54 of debt.

iii. Is this a good business?
Moat signal · return on invested capital
5% avg · 1y
FY25 5%

It earned an average 5% on invested capital over 1 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
−0% shares · 1y

Share count is roughly flat over 1 years — little dilution, little buyback. 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 1 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 1 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
only 1 years of net income (need ≥3)
Graham Number
$0.02
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 20-F/A · period ending 2025-04-30 · accession 0001493152-26-008628 (Revenue)
  2. 20-F/A · period ending 2025-04-30 · accession 0001493152-26-008628 (ProfitLossAttributableToOwnersOfParent)
  3. 20-F/A · period ending 2025-04-30 · accession 0001493152-26-008628 (CashFlowsFromUsedInOperatingActivities)
  4. 20-F/A · period ending 2025-04-30 · accession 0001493152-26-008628 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  5. 20-F/A · period ending 2025-04-30 · accession 0001493152-26-008628 (Borrowings)
  6. 20-F/A · period ending 2025-04-30 · accession 0001493152-26-008628 (CashAndCashEquivalents)