MeritValue

NEUTRA CORP.

NTRRdata completeness 75%12 fiscal years on file
i. The business — what you’d actually own
FigureFY 2019FY 2020FY 2021FY 2022FY 2023
Revenue—$6,3951$9,6872$92,0143$67,9963
Net income−$2.43M4−$695,6215−$538,8926−$632,9267−$561,4177
Operating cash flow−$417,0008−$181,6079−$412,37810−$405,61511−$153,24311
Capital expenditure——$196,49012$40,22713—
Free cash flow (derived)——−$608,86810−$445,84211—
Total debt—————
Cash & equivalents$014$177,17615$23,30816$1,05617$1,96917
Diluted shares34.1M616.2M1.49B1.78B2.74B

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
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 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
+7939% shares · 5y

Share count is up 7939% 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 — 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/A · period ending 2020-01-31 · accession 0001161697-20-000265 (RevenueFromContractWithCustomerIncludingAssessedTax)
  2. 10-K/A · period ending 2021-01-31 · accession 0001161697-21-000274 (RevenueFromContractWithCustomerIncludingAssessedTax)
  3. 10-K · period ending 2022-01-31 · accession 0001161697-23-000341 (Revenues)
  4. 10-K/A · period ending 2019-01-31 · accession 0001161697-20-000265 (NetIncomeLoss)
  5. 10-K/A · period ending 2020-01-31 · accession 0001161697-21-000274 (NetIncomeLoss)
  6. 10-K · period ending 2021-01-31 · accession 0001161697-22-000224 (NetIncomeLoss)
  7. 10-K · period ending 2022-01-31 · accession 0001161697-23-000341 (NetIncomeLoss)
  8. 10-K/A · period ending 2019-01-31 · accession 0001161697-20-000265 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K/A · period ending 2020-01-31 · accession 0001161697-21-000274 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2021-01-31 · accession 0001161697-22-000224 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2022-01-31 · accession 0001161697-23-000341 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2021-01-31 · accession 0001161697-22-000224 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2022-01-31 · accession 0001161697-23-000341 (PaymentsToAcquirePropertyPlantAndEquipment)
  14. 10-K · period ending 2019-01-31 · accession 0001161697-19-000179 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K/A · period ending 2020-01-31 · accession 0001161697-21-000274 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2021-01-31 · accession 0001161697-22-000224 (CashAndCashEquivalentsAtCarryingValue)
  17. 10-K · period ending 2022-01-31 · accession 0001161697-23-000341 (CashAndCashEquivalentsAtCarryingValue)