Rapid Line Inc.

RPDLdata completeness 75%4 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'interestExpense'

i. The business — what you’d actually own

Figure	FY 2023	FY 2024	FY 2025	FY 2026
Revenue	$6,300¹	$7,800²	$0³	$0³
Net income	−$22,190⁴	−$40,247⁴	−$27,565⁵	−$145,097⁵
Operating cash flow	−$11,581⁶	−$26,317⁷	−$31,661⁸	−$146,683⁸
Capital expenditure	—	—	—	—
Free cash flow (derived)	—	—	—	—
Total debt	$41,000⁹	$41,000⁹	—	—
Cash & equivalents	$23,069¹⁰	$4,452¹¹	$36¹¹	$19,081¹¹
Diluted shares	2.9M	3.6M	3.6M	3.6M

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

−$0.19

your share of equity

Profit it earned you last year

−$0.4

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$0.19 of net worth that earned you −$0.4 last year.

iii. Is this a good business?

Moat signal · return on equity

— avg · 4y

Not enough data in the filings for a return-on-capital reading.

Management signal · capital allocation

+26% shares · 4y

Share count is up 26% over 4 years — owners have been diluted. Worth asking what they got for it. Total debt has held roughly steady.

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