MeritValue

Strata Power Corp

SPOWFdata completeness 75%17 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'investmentsAtFairValue'; no data for concept 'netInvestmentIncome'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'; no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$31,2961$398,4272$199,4353$135,0063$76,2833
Net income−$218,4634$477,6575−$26,2776$11,2356−$38,5876
Operating cash flow−$85,9117$161,0448−$20,9729−$31,8889−$10,0319
Capital expenditure—————
Free cash flow (derived)—————
Total debt—————
Cash & equivalents$7,69610$80,90511$54,00911$15,78511$1,46411
Diluted shares20.1M20.1M20.1M20.1M20.1M

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
−$0.13
your share of equity
Profit it earned you last year
−$0.02
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.13 of net worth that earned you −$0.02 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
−0% shares · 5y

Share count is roughly flat over 5 years — little dilution, little buyback.

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
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
  1. 20-F · period ending 2021-12-31 · accession 0001683168-24-001862 (Revenues)
  2. 20-F · period ending 2022-12-31 · accession 0001683168-25-002106 (Revenues)
  3. 20-F · period ending 2023-12-31 · accession 0001683168-26-002501 (Revenues)
  4. 20-F · period ending 2021-12-31 · accession 0001683168-24-001862 (NetIncomeLoss)
  5. 20-F · period ending 2022-12-31 · accession 0001683168-25-002106 (NetIncomeLoss)
  6. 20-F · period ending 2023-12-31 · accession 0001683168-26-002501 (NetIncomeLoss)
  7. 20-F · period ending 2021-12-31 · accession 0001683168-24-001862 (NetCashProvidedByUsedInOperatingActivities)
  8. 20-F · period ending 2022-12-31 · accession 0001683168-25-002106 (NetCashProvidedByUsedInOperatingActivities)
  9. 20-F · period ending 2023-12-31 · accession 0001683168-26-002501 (NetCashProvidedByUsedInOperatingActivities)
  10. 20-F · period ending 2021-12-31 · accession 0001683168-25-002106 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  11. 20-F · period ending 2022-12-31 · accession 0001683168-26-002501 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)