Rainmaker Worldwide Inc.

RAKRdata completeness 75%5 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'totalDebt'; 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	—	—	—	$78,912¹	$143,725¹
Net income	−$22.6M²	−$2.73M³	−$1.84M⁴	−$1.23M⁵	−$1.06M⁵
Operating cash flow	−$3.93M⁶	−$190,027⁷	−$349,267⁸	−$139,762⁹	−$49,890⁹
Capital expenditure	—	—	—	—	—
Free cash flow (derived)	—	—	—	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$192,578¹⁰	$4,337¹¹	$7,130¹²	$131¹²	$0¹³
Diluted shares	139.6M	145.6M	148.7M	13.1M	20.0M

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

−$5.97

your share of equity

Profit it earned you last year

−$0.53

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$5.97 of net worth that earned you −$0.53 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

−86% shares · 5y

Share count is down 86% over 5 years — management has been buying back stock, quietly handing owners a bigger slice.

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 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