Cannaisseur Group Inc.

TCRGdata completeness 75%4 fiscal years on file

Data notes: no data for concept 'capex'

i. The business — what you’d actually own

Figure	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	$88,145¹	$53,130²	$700³	$0³
Net income	−$80,147⁴	−$128,025⁵	−$1.27M⁶	−$1.77M⁶
Operating cash flow	−$23,935⁷	−$126,074⁸	−$110,627⁹	−$127,451⁹
Capital expenditure	—	—	—	—
Free cash flow (derived)	—	—	—	—
Total debt	$54,600¹⁰	$144,320¹⁰	—	—
Cash & equivalents	$18,534¹¹	$38,390¹²	$563¹³	$22¹³
Diluted shares	36.2M	39.7M	43.8M	53.9M

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

Net assets behind them

−$0.04

your share of equity

Profit it earned you last year

−$0.33

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$0.04 of net worth that earned you −$0.33 last year.

iii. Is this a good business?

Moat signal · return on equity

— avg · 4y

Not enough data in the filings for a return-on-capital reading.

Management signal · capital allocation

+49% shares · 4y

Share count is up 49% over 4 years — owners have been diluted. Worth asking what they got for it. Total debt has risen 164% over the same window.

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 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