New Momentum Corp.

NNAXdata completeness 75%26 fiscal years on file

Data notes: no data for concept 'totalDebt'

i. The business — what you’d actually own

Figure	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenue	$237,980¹	$1.29M²	$920,289³	$182,452⁴	$6⁴
Net income	−$4.15M⁵	−$287,763⁶	−$188,853⁷	−$403,933⁸	−$142,880⁸
Operating cash flow	−$71,248⁹	−$108,892¹⁰	−$144,178¹¹	−$175,607¹²	−$96,257¹²
Capital expenditure	—	—	—	—	—
Free cash flow (derived)	—	—	—	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$64,496¹³	$15,609¹⁴	$59,247¹⁴	$16,776¹⁵	$7,812¹⁵
Diluted shares	340.3M	176.2M	177.7M	227.7M	802.0M

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

−$0.01

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 −$0.01 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.

Management signal · capital allocation

+136% shares · 5y

Share count is up 136% 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