MeritValue

SATIVUS TECH CORP.

SATTdata completeness 75%11 fiscal years on file

Data notes: 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'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue—————
Net income−$3.94M1−$1.53M2−$324,0003−$680,0004−$869,0004
Operating cash flow−$1.37M5−$986,0006−$932,0007−$488,0008−$701,0008
Capital expenditure$7,0009$206,00010$79,00011$269,00012$3,00012
Free cash flow (derived)−$1.38M5−$1.19M6−$1.01M7−$757,0008−$704,0008
Total debt$29,00013————
Cash & equivalents$866,00014$810,00015$176,00016$96,00017$32,00017
Diluted shares3.6M4.2M4.2M4.2M4.2M

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
−$8.3
your share of equity
Profit it earned you last year
−$2.06
Free cash flow it threw off
−$1.67
Debt you’d be carrying
—

10 shares is a claim on −$8.3 of net worth that earned you −$2.06 and generated −$1.67 of cash 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
+17% shares · 5y

Share count is up 17% over 5 years — owners have been diluted. Worth asking what they got for it. Total debt has held roughly steady.

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
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
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 2021-12-31 · accession 0001213900-23-024977 (NetIncomeLoss)
  2. 10-K · period ending 2022-12-31 · accession 0001683168-24-001970 (NetIncomeLoss)
  3. 10-K · period ending 2023-12-31 · accession 0001683168-25-002119 (NetIncomeLoss)
  4. 10-K · period ending 2024-12-31 · accession 0001683168-26-002958 (NetIncomeLoss)
  5. 10-K · period ending 2021-12-31 · accession 0001213900-23-024977 (NetCashProvidedByUsedInOperatingActivities)
  6. 10-K · period ending 2022-12-31 · accession 0001683168-24-001970 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K · period ending 2023-12-31 · accession 0001683168-25-002119 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2024-12-31 · accession 0001683168-26-002958 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2021-12-31 · accession 0001213900-23-024977 (PaymentsToAcquirePropertyPlantAndEquipment)
  10. 10-K · period ending 2022-12-31 · accession 0001683168-24-001970 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2023-12-31 · accession 0001683168-25-002119 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 10-K · period ending 2024-12-31 · accession 0001683168-26-002958 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2021-12-31 · accession 0001213900-23-024977 (LongTermDebtNoncurrent)
  14. 10-K · period ending 2021-12-31 · accession 0001213900-23-024977 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2022-12-31 · accession 0001683168-24-001970 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2023-12-31 · accession 0001683168-25-002119 (CashAndCashEquivalentsAtCarryingValue)
  17. 10-K · period ending 2024-12-31 · accession 0001683168-26-002958 (CashAndCashEquivalentsAtCarryingValue)