Havana Roasters Coffee Companies, Inc.

NAFSdata completeness 50%9 fiscal years on file

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

i. The business — what you’d actually own

Figure	FY 2013	FY 2014	FY 2015	FY 2016	FY 2017
Revenue	—	—	—	—	—
Net income	−$122,089¹	−$13.8M²	−$65,417³	−$1.67M⁴	−$242,602⁴
Operating cash flow	$11,894⁵	−$1,202⁶	−$63,992⁷	$1.49M⁸	$105,475⁸
Capital expenditure	—	—	—	—	—
Free cash flow (derived)	—	—	—	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$712⁹	—	—	—	—
Diluted shares	35.0M	865,450	45.7M	55.9M	70.1M

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

Net assets behind them

−$0.12

your share of equity

Profit it earned you last year

−$0.03

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$0.12 of net worth that earned you −$0.03 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

+100% shares · 5y

Share count is up 100% 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