MeritValue

SKYTECH ORION GLOBAL CORP.

SKTGdata completeness 88%15 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'; no data for concept 'incomeTaxExpense'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue—————
Net income−$4.52M1−$2.65M2−$3.11M2−$2.3M3−$1.92M3
Operating cash flow−$582,0004−$567,0005−$199,0005−$4,0006−$468,0006
Capital expenditure$252,0007$4,0008——$114,0009
Free cash flow (derived)−$834,0004−$571,0005——−$582,0006
Total debt$670,00010$82,00011$182,00012$181,00013$330,00013
Cash & equivalents$270,00014$77,00015$7,00015$1,00016$10,00016
Diluted shares942.6M943.0M961.8M1.03B1.14B

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
−$0.02
Free cash flow it threw off
−$0.01
Debt you’d be carrying
$0

10 shares is a claim on −$0.04 of net worth that earned you −$0.02 and generated −$0.01 of cash last year, against $0 of debt.

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
+21% shares · 5y

Share count is up 21% over 5 years — owners have been diluted. Worth asking what they got for it. Total debt has fallen 51% — deleveraging.

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 0001493152-23-008554 (NetIncomeLoss)
  2. 10-K · period ending 2022-12-31 · accession 0001641172-25-026351 (NetIncomeLoss)
  3. 10-K · period ending 2024-12-31 · accession 0001493152-26-016841 (NetIncomeLoss)
  4. 10-K · period ending 2021-12-31 · accession 0001493152-23-008554 (NetCashProvidedByUsedInOperatingActivities)
  5. 10-K · period ending 2022-12-31 · accession 0001641172-25-026351 (NetCashProvidedByUsedInOperatingActivities)
  6. 10-K · period ending 2024-12-31 · accession 0001493152-26-016841 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K · period ending 2021-12-31 · accession 0001493152-23-008554 (PaymentsToAcquirePropertyPlantAndEquipment)
  8. 10-K · period ending 2022-12-31 · accession 0001641172-25-026351 (PaymentsToAcquirePropertyPlantAndEquipment)
  9. 10-K · period ending 2025-12-31 · accession 0001493152-26-016841 (PaymentsToAcquirePropertyPlantAndEquipment)
  10. 10-K · period ending 2021-12-31 · accession 0001493152-22-009403 (ShortTermBorrowings)
  11. 10-K · period ending 2022-12-31 · accession 0001493152-23-008554 (ShortTermBorrowings)
  12. 10-K · period ending 2023-12-31 · accession 0001641172-25-026370 (ShortTermBorrowings)
  13. 10-K · period ending 2024-12-31 · accession 0001493152-26-016841 (ShortTermBorrowings)
  14. 10-K · period ending 2021-12-31 · accession 0001493152-23-008554 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2022-12-31 · accession 0001641172-25-026351 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2024-12-31 · accession 0001493152-26-016841 (CashAndCashEquivalentsAtCarryingValue)