SPECIFICITY, INC.
SPTYdata completeness 75%5 fiscal years on fileData notes: no data for concept 'totalDebt'; no data for concept 'incomeTaxExpense'
i. The business — what you’d actually own
| Figure | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Revenue | $749,0121 | $1.18M2 | $1.1M3 | $991,1434 | $1.09M4 |
| Net income | −$2.38M5 | −$3.78M6 | −$1.07M7 | −$615,2618 | −$554,0678 |
| Operating cash flow | −$1.11M9 | −$2M10 | −$603,65811 | −$361,87512 | −$149,37112 |
| Capital expenditure | $21,14213 | $10,28014 | — | — | — |
| Free cash flow (derived) | −$1.13M9 | −$2.01M10 | — | — | — |
| Total debt | — | — | — | — | — |
| Cash & equivalents | $637,84115 | $22,80816 | $49,14917 | $3,41318 | $1,98718 |
| Diluted shares | 8.7M | 9.2M | 10.3M | 11.4M | 13.9M |
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
−$0.51
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 −$0.51 of net worth that earned you −$0.4 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
+61% shares · 5y
Share count is up 61% 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
- 10-K · period ending 2021-12-31 · accession 0001520138-23-000156 (Revenues)
- 10-K · period ending 2022-12-31 · accession 0001520138-25-000063 (Revenues)
- 10-K · period ending 2023-12-31 · accession 0001520138-25-000183 (Revenues)
- 10-K/A · period ending 2024-12-31 · accession 0001520138-26-000207 (Revenues)
- 10-K · period ending 2021-12-31 · accession 0001520138-23-000156 (NetIncomeLoss)
- 10-K · period ending 2022-12-31 · accession 0001520138-25-000063 (NetIncomeLoss)
- 10-K · period ending 2023-12-31 · accession 0001520138-25-000183 (NetIncomeLoss)
- 10-K/A · period ending 2024-12-31 · accession 0001520138-26-000207 (NetIncomeLoss)
- 10-K · period ending 2021-12-31 · accession 0001520138-23-000156 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2022-12-31 · accession 0001520138-25-000063 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-12-31 · accession 0001520138-25-000183 (NetCashProvidedByUsedInOperatingActivities)
- 10-K/A · period ending 2024-12-31 · accession 0001520138-26-000207 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2021-12-31 · accession 0001520138-23-000156 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2022-12-31 · accession 0001520138-25-000063 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2021-12-31 · accession 0001520138-23-000156 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2022-12-31 · accession 0001520138-25-000063 (CashAndCashEquivalentsAtCarryingValue)
- 10-K · period ending 2023-12-31 · accession 0001520138-25-000183 (CashAndCashEquivalentsAtCarryingValue)
- 10-K/A · period ending 2024-12-31 · accession 0001520138-26-000207 (CashAndCashEquivalentsAtCarryingValue)