Transglobal Management Group, Inc.

TMGIdata completeness 75%14 fiscal years on file

Data notes: no data for concept 'capex'

The thesis, from the filings

Transglobal Management Group, Inc. earns about -134% on equity, but has diluted owners by 140738% over 5 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 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	$60¹	$0²	$0³	$0⁴	$11,040⁴
Net income	−$2.87M⁵	−$4.12M⁶	$1.18M⁷	−$165,456⁸	−$948,452⁸
Operating cash flow	−$603,498⁹	−$192,285¹⁰	−$133,308¹¹	−$163,604¹²	−$11,938¹²
Capital expenditure	—	—	—	—	—
Free cash flow (derived)	—	—	—	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$0¹³	$353¹⁴	$0¹⁵	$0¹⁶	$1,071¹⁶
Diluted shares	2.8M	16.2M	528.2M	1.54B	3.91B

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

your share of equity

Profit it earned you last year

−$0

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on $0 of net worth that earned you −$0 last year.

iii. Is this a good business?

Moat signal · return on equity

-134% avg · 5y

FY21 —FY22 —FY23 —FY24 -76%FY25 -191%

It earned an average -134% on equity over 5 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →

Management signal · capital allocation

+140738% shares · 5y

Share count is up 140738% 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 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

10-K/A · period ending 2021-05-31 · accession 0001712543-22-000127 (Revenues)
10-K · period ending 2022-05-31 · accession 0001683168-23-006397 (Revenues)
10-K · period ending 2023-05-31 · accession 0001683168-24-006272 (Revenues)
10-K/A · period ending 2024-05-31 · accession 0001683168-25-007054 (Revenues)
10-K/A · period ending 2021-05-31 · accession 0001712543-22-000127 (NetIncomeLoss)
10-K · period ending 2022-05-31 · accession 0001683168-23-006397 (NetIncomeLoss)
10-K · period ending 2023-05-31 · accession 0001683168-24-006272 (NetIncomeLoss)
10-K/A · period ending 2024-05-31 · accession 0001683168-25-007054 (NetIncomeLoss)
10-K/A · period ending 2021-05-31 · accession 0001712543-22-000127 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2022-05-31 · accession 0001683168-23-006397 (NetCashProvidedByUsedInOperatingActivities)
10-K · period ending 2023-05-31 · accession 0001683168-24-006272 (NetCashProvidedByUsedInOperatingActivities)
10-K/A · period ending 2024-05-31 · accession 0001683168-25-007054 (NetCashProvidedByUsedInOperatingActivities)
10-K/A · period ending 2021-05-31 · accession 0001712543-22-000127 (CashAndCashEquivalentsAtCarryingValue)
10-K · period ending 2022-05-31 · accession 0001683168-23-006397 (CashAndCashEquivalentsAtCarryingValue)
10-K · period ending 2023-05-31 · accession 0001683168-24-006272 (CashAndCashEquivalentsAtCarryingValue)
10-K/A · period ending 2024-05-31 · accession 0001683168-25-007054 (CashAndCashEquivalentsAtCarryingValue)