MeritValue

SKINVISIBLE, INC.

SKVIdata completeness 88%17 fiscal years on file

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

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$663,4261$279,2962$20,0003$20,0004$20,0004
Net income−$1.07M5−$1.22M6−$2.38M7−$565,6548−$1.06M8
Operating cash flow$374,6059$45,17010−$77,15711−$69,83412−$38,41012
Capital expenditure———$9,21813$4,08613
Free cash flow (derived)———−$79,05212−$42,49612
Total debt—————
Cash & equivalents$66,03714$81,37815$88816$10,33616$2,62016
Diluted shares4.5M4.5M4.5M5.1M5.4M

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
−$19.03
your share of equity
Profit it earned you last year
−$1.97
Free cash flow it threw off
−$0.08
Debt you’d be carrying
—

10 shares is a claim on −$19.03 of net worth that earned you −$1.97 and generated −$0.08 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
+19% shares · 5y

Share count is up 19% over 5 years — owners have been diluted. Worth asking what they got for it.

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 v0.1.0
DCF · Growth Exit 10Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 2 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
  1. 10-K · period ending 2021-12-31 · accession 0001663577-23-000137 (Revenues)
  2. 10-K · period ending 2022-12-31 · accession 0001663577-24-000119 (Revenues)
  3. 10-K · period ending 2023-12-31 · accession 0001663577-25-000110 (Revenues)
  4. 10-K · period ending 2024-12-31 · accession 0001663577-26-000087 (Revenues)
  5. 10-K · period ending 2021-12-31 · accession 0001663577-23-000137 (NetIncomeLoss)
  6. 10-K · period ending 2022-12-31 · accession 0001663577-24-000119 (NetIncomeLoss)
  7. 10-K · period ending 2023-12-31 · accession 0001663577-25-000110 (NetIncomeLoss)
  8. 10-K · period ending 2024-12-31 · accession 0001663577-26-000087 (NetIncomeLoss)
  9. 10-K · period ending 2021-12-31 · accession 0001663577-23-000137 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-12-31 · accession 0001663577-24-000119 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-12-31 · accession 0001663577-25-000110 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-12-31 · accession 0001663577-26-000087 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2024-12-31 · accession 0001663577-26-000087 (PaymentsToAcquireProductiveAssets)
  14. 10-K · period ending 2021-12-31 · accession 0001663577-22-000171 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2022-12-31 · accession 0001663577-25-000110 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  16. 10-K · period ending 2023-12-31 · accession 0001663577-26-000087 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)