Quest Water Global, Inc.

QWTRdata completeness 50%10 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'interestExpense'; no data for concept 'incomeTaxExpense'

i. The business — what you’d actually own

Figure	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenue	—	$150,000¹	—	—	—
Net income	−$459,270²	−$319,867³	−$1.19M⁴	−$596,013⁵	−$757,611⁵
Operating cash flow	−$535,731⁶	−$528,441⁷	−$561,582⁸	−$579,827⁹	−$567,509⁹
Capital expenditure	—	—	$1,500¹⁰	—	—
Free cash flow (derived)	—	—	−$563,082⁸	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$4,715¹¹	$4,227¹²	—	$3¹³	—
Diluted shares	85.2M	85.2M	105.9M	131.9M	131.9M

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

−$0.18

your share of equity

Profit it earned you last year

−$0.06

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$0.18 of net worth that earned you −$0.06 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

+55% shares · 5y

Share count is up 55% 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 1 years of FCF (need ≥3) — model not applicable

DCF · Growth Exit 5Y

not applicable

only 1 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