MeritValue

Outdoor Specialty Products, Inc.

ODRSdata completeness 75%5 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'totalDebt'; no data for concept 'investmentsAtFairValue'; no data for concept 'netInvestmentIncome'; no data for concept 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'; no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$2041$3022$5463$1634$3064
Net income−$39,9015−$37,1666−$46,4727−$43,5658−$48,5298
Operating cash flow−$38,0629−$35,44610−$35,67011−$46,67712−$37,46312
Capital expenditure—————
Free cash flow (derived)—————
Total debt—————
Cash & equivalents$6,16813$1,24114$3,16215$56016$6,12116
Diluted shares5.3M5.3M5.3M5.3M5.3M

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
−$0.36
your share of equity
Profit it earned you last year
−$0.09
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.36 of net worth that earned you −$0.09 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
−0% shares · 5y

Share count is roughly flat over 5 years — little dilution, little buyback.

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 v0.5.0
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
  1. 10-K · period ending 2021-09-30 · accession 0001213900-22-081765 (Revenues)
  2. 10-K · period ending 2022-09-30 · accession 0001213900-24-000769 (Revenues)
  3. 10-K · period ending 2023-09-30 · accession 0001096906-24-002264 (Revenues)
  4. 10-K · period ending 2024-09-30 · accession 0001096906-25-002037 (Revenues)
  5. 10-K · period ending 2021-09-30 · accession 0001213900-22-081765 (NetIncomeLoss)
  6. 10-K · period ending 2022-09-30 · accession 0001213900-24-000769 (NetIncomeLoss)
  7. 10-K · period ending 2023-09-30 · accession 0001096906-24-002264 (NetIncomeLoss)
  8. 10-K · period ending 2024-09-30 · accession 0001096906-25-002037 (NetIncomeLoss)
  9. 10-K · period ending 2021-09-30 · accession 0001213900-22-081765 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-09-30 · accession 0001213900-24-000769 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-09-30 · accession 0001096906-24-002264 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-09-30 · accession 0001096906-25-002037 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2021-09-30 · accession 0001213900-24-000769 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  14. 10-K · period ending 2022-09-30 · accession 0001213900-24-000769 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2023-09-30 · accession 0001096906-24-002264 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2024-09-30 · accession 0001096906-25-002037 (CashAndCashEquivalentsAtCarryingValue)