MeritValue

VPR Brands, LP.

VPRBdata completeness 63%21 fiscal years on file

Data notes: no data for concept 'stockholdersEquity'; 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'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$6.22M1$4.93M2$9.85M3$5.68M4$3.62M4
Net income$127,1745−$203,6976$2.93M7−$143,2248−$1.2M8
Operating cash flow−$147,7009−$312,42310$3.48M11$274,09412−$1.12M12
Capital expenditure—————
Free cash flow (derived)—————
Total debt—$834,96013$419,03413$419,03413—
Cash & equivalents$2,59014$22,42115$1.77M16$1.42M17$125,34517
Diluted shares96.7M88.8M93.6M89.8M91.7M

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

10 shares of this business that earned you −$0.13 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
−5% shares · 5y

Share count is down 5% over 5 years — management has been buying back stock, quietly handing owners a bigger slice. Total debt has fallen 50% — deleveraging.

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. 10-K · period ending 2021-12-31 · accession 0001213900-23-029512 (Revenues)
  2. 10-K · period ending 2022-12-31 · accession 0001213900-24-034236 (Revenues)
  3. 10-K · period ending 2023-12-31 · accession 0001213900-25-032573 (Revenues)
  4. 10-K · period ending 2024-12-31 · accession 0001213900-26-037425 (Revenues)
  5. 10-K · period ending 2021-12-31 · accession 0001213900-23-029512 (NetIncomeLoss)
  6. 10-K · period ending 2022-12-31 · accession 0001213900-24-034236 (NetIncomeLoss)
  7. 10-K · period ending 2023-12-31 · accession 0001213900-25-032573 (NetIncomeLoss)
  8. 10-K · period ending 2024-12-31 · accession 0001213900-26-037425 (NetIncomeLoss)
  9. 10-K · period ending 2021-12-31 · accession 0001213900-23-029512 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2022-12-31 · accession 0001213900-24-034236 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2023-12-31 · accession 0001213900-25-032573 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2024-12-31 · accession 0001213900-26-037425 (NetCashProvidedByUsedInOperatingActivities)
  13. 10-K · period ending 2022-12-31 · accession 0001213900-25-032573 (LongTermDebt)
  14. 10-K · period ending 2021-12-31 · accession 0001213900-23-029512 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2022-12-31 · accession 0001213900-24-034236 (CashAndCashEquivalentsAtCarryingValue)
  16. 10-K · period ending 2023-12-31 · accession 0001213900-25-032573 (CashAndCashEquivalentsAtCarryingValue)
  17. 10-K · period ending 2024-12-31 · accession 0001213900-26-037425 (CashAndCashEquivalentsAtCarryingValue)