Tech Tonic Group Corp.

THTGdata completeness 88%3 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 'gainsOnRealEstateSales'; no data for concept 'realEstateImpairment'; no data for concept 'dividendsPaid'; no data for concept 'interestExpense'

The thesis, from the filings

Tech Tonic Group Corp. earns about -0% on equity, but has diluted owners by 514% over 3 years — worth asking whether the growth reaches owners. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own

Figure	FY 2024	FY 2025	FY 2026
Revenue	$0¹	$92,000²	$66,920²
Net income	−$5,494³	−$1,211³	$1,148³
Operating cash flow	−$3,994⁴	$16,123⁵	−$15,984⁵
Capital expenditure	—	$1,198⁶	$0⁶
Free cash flow (derived)	—	$14,925⁵	−$15,984⁵
Total debt	—	—	—
Cash & equivalents	$2,000⁷	$73,403⁷	$60,419⁷
Diluted shares	590,437	3.1M	3.6M

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

$0.15

your share of equity

Profit it earned you last year

Free cash flow it threw off

−$0.04

Debt you’d be carrying

—

10 shares is a claim on $0.15 of net worth that earned you $0 and generated −$0.04 of cash last year.

iii. Is this a good business?

Moat signal · return on equity

-0% avg · 3y

FY24 —FY25 -2%FY26 2%

It earned an average -0% on equity over 3 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →

Management signal · capital allocation

+514% shares · 3y

Share count is up 514% over 3 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 v0.5.0

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 2024-06-30 · accession 0001477932-25-007073 (Revenues)
10-K · period ending 2025-06-30 · accession 0001477932-26-005286 (Revenues)
10-K · period ending 2024-06-30 · accession 0001477932-26-005286 (NetIncomeLoss)
10-K · period ending 2024-06-30 · accession 0001477932-25-007073 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2025-06-30 · accession 0001477932-26-005286 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2025-06-30 · accession 0001477932-26-005286 (PaymentsToAcquirePropertyPlantAndEquipment)
10-K · period ending 2024-06-30 · accession 0001477932-26-005286 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)