Our Bond, Inc.
OBAIdata completeness 100%2 fiscal years on filei. The business — what you’d actually own
| Figure | FY 2024 | FY 2025 |
|---|---|---|
| Revenue | $9.74M1 | $9.97M1 |
| Net income | −$11M2 | −$10.5M2 |
| Operating cash flow | −$8.16M3 | −$6.92M3 |
| Capital expenditure | $62,0004 | $34,0004 |
| Free cash flow (derived) | −$8.22M3 | −$6.96M3 |
| Total debt | $12.8M5 | $7.21M5 |
| Cash & equivalents | $726,0006 | $599,0006 |
| Diluted shares | 2,938 | 4,969 |
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
−$45,608.77
your share of equity
Profit it earned you last year
−$21,229.62
Free cash flow it threw off
−$13,998.79
Debt you’d be carrying
$14,513.99
10 shares is a claim on −$45,608.77 of net worth that earned you −$21,229.62 and generated −$13,998.79 of cash last year, against $14,513.99 of debt.
iii. Is this a good business?
Moat signal · return on equity
— avg · 2y
Not enough data in the filings for a return-on-capital reading.
seeing a moat in the numbers →Management signal · capital allocation
+69% shares · 2y
Share count is up 69% over 2 years — owners have been diluted. Worth asking what they got for it. Total debt has fallen 44% — deleveraging.
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
only 2 years of net income (need ≥3)
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
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (NetIncomeLoss)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (LongTermDebtNoncurrent)
- 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (CashAndCashEquivalentsAtCarryingValue)