Purebase Corp
PUBCdata completeness 75%15 fiscal years on filei. The business — what you’d actually own
| Figure | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Revenue | $369,4501 | $471,6082 | $325,8753 | $310,5114 | $285,4354 |
| Net income | −$8.31M5 | −$32.6M6 | −$9.09M7 | −$1.48M8 | −$2.28M8 |
| Operating cash flow | −$823,5619 | −$838,25410 | −$1.12M11 | −$2.17M12 | −$1.11M12 |
| Capital expenditure | — | — | $130,71613 | $1,53814 | — |
| Free cash flow (derived) | — | — | −$1.26M11 | −$2.17M12 | — |
| Total debt | — | — | — | — | — |
| Cash & equivalents | $132,30915 | $19,05516 | $5,57217 | $28,10018 | $5,30418 |
| Diluted shares | 215.2M | 228.3M | 230.7M | 245.4M | 263.4M |
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
−$0.04
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 −$0.04 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
+22% shares · 5y
Share count is up 22% 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
- 10-K · period ending 2021-11-30 · accession 0001493152-23-006277 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2022-11-30 · accession 0001493152-24-008171 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2023-11-30 · accession 0001493152-25-008646 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2024-11-30 · accession 0001493152-26-011296 (RevenueFromContractWithCustomerExcludingAssessedTax)
- 10-K · period ending 2021-11-30 · accession 0001493152-23-006277 (NetIncomeLoss)
- 10-K · period ending 2022-11-30 · accession 0001493152-24-008171 (NetIncomeLoss)
- 10-K · period ending 2023-11-30 · accession 0001493152-25-008646 (NetIncomeLoss)
- 10-K · period ending 2024-11-30 · accession 0001493152-26-011296 (NetIncomeLoss)
- 10-K · period ending 2021-11-30 · accession 0001493152-23-006277 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2022-11-30 · accession 0001493152-24-008171 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-11-30 · accession 0001493152-25-008646 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2024-11-30 · accession 0001493152-26-011296 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-11-30 · accession 0001493152-25-008646 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2024-11-30 · accession 0001493152-26-011296 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2021-11-30 · accession 0001493152-23-006277 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2022-11-30 · accession 0001493152-24-008171 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2023-11-30 · accession 0001493152-25-008646 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2024-11-30 · accession 0001493152-26-011296 (CashAndCashEquivalentsAtCarryingValue)