Discounted Cash Flow (DCF) Analysis Unlevered
GBT Technologies Inc. (GTCH)
$0.0004
0.00 (0.00%)
All numbers are in Millions, Currency in USD
Operating Data
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 9.19 | 51.57 | 19.28 | 0.18 | 0.18 | 0.36 | 0.72 | 1.44 | 2.87 | 5.73 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| EBITDA | -6.57 | -40.96 | -173 | -10.80 | -31.08 | -17.49 | -34.94 | -69.80 | -139.44 | -278.56 |
| EBITDA (%) | ||||||||||
| EBIT | -6.93 | -42.22 | -173.47 | -10.85 | -31.10 | -17.52 | -35 | -69.92 | -139.68 | -279.05 |
| EBIT (%) | ||||||||||
| Depreciation | 0.36 | 1.26 | 0.47 | 0.05 | 0.02 | 0.03 | 0.06 | 0.12 | 0.25 | 0.49 |
| Depreciation (%) |
Balance Sheet Data
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Total Cash | 1.31 | 6.06 | 1.06 | 0.76 | 0.16 | 0.39 | 0.78 | 1.55 | 3.10 | 6.20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 0.04 | 0.15 | 0.09 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.02 |
| Account Receivables (%) | ||||||||||
| Inventories | 0.26 | 1.47 | 0.55 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.08 | 0.16 |
| Inventories (%) | ||||||||||
| Accounts Payable | 1.20 | 2.34 | 2.97 | 1.05 | 1.11 | 0.89 | 1.77 | 3.53 | 7.06 | 14.10 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -0.08 | -0.02 | -0.02 | -0 | -0 | -0 | -0.01 | -0.01 | -0.02 | -0.05 |
| Capital Expenditure (%) |
Weighted Average Cost Of Capital
| Share price | $ 0.0,004 |
|---|---|
| Beta | 1.598 |
| Diluted Shares Outstanding | 19.99 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 25.08% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 11.035 |
| Total Debt | 11.35 |
| Total Equity | 0.01 |
| Total Capital | 11.36 |
| Debt Weighting | 99.93 |
| Equity Weighting | 0.07 |
| Wacc |
Build Up Free Cash
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 9.19 | 51.57 | 19.28 | 0.18 | 0.18 | 0.36 | 0.72 | 1.44 | 2.87 | 5.73 |
|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | -6.57 | -40.96 | -173 | -10.80 | -31.08 | -17.49 | -34.94 | -69.80 | -139.44 | -278.56 |
| EBIT | -6.93 | -42.22 | -173.47 | -10.85 | -31.10 | -17.52 | -35 | -69.92 | -139.68 | -279.05 |
| Tax Rate | 0.00% | 0.00% | 0.48% | 5.19% | 0.00% | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
| EBIAT | -6.93 | -42.22 | -172.63 | -10.28 | -31.10 | -17.32 | -34.60 | -69.13 | -138.10 | -275.89 |
| Depreciation | 0.36 | 1.26 | 0.47 | 0.05 | 0.02 | 0.03 | 0.06 | 0.12 | 0.25 | 0.49 |
| Accounts Receivable | - | -0.11 | 0.06 | 0.09 | - | -0 | -0 | -0 | -0.01 | -0.01 |
| Inventories | - | -1.21 | 0.92 | 0.55 | - | -0.01 | -0.01 | -0.02 | -0.04 | -0.08 |
| Accounts Payable | - | 1.14 | 0.63 | -1.92 | 0.06 | -0.23 | 0.88 | 1.76 | 3.52 | 7.04 |
| Capital Expenditure | -0.08 | -0.02 | -0.02 | -0 | -0 | -0 | -0.01 | -0.01 | -0.02 | -0.05 |
| UFCF | -6.65 | -41.16 | -170.57 | -11.53 | -31.02 | -17.52 | -33.68 | -67.28 | -134.40 | -268.49 |
| WACC | ||||||||||
| PV UFCF | -14.01 | -21.53 | -34.39 | -54.93 | -87.73 | |||||
| SUM PV UFCF | -212.59 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 25.07 |
| Free cash flow (t + 1) | -273.86 |
| Terminal Value | -1,187.09 |
| Present Value of Terminal Value | -387.90 |
Intrinsic Value
| Enterprise Value | -600.48 |
|---|---|
| Net Debt | 11.20 |
| Equity Value | -611.68 |
| Shares Outstanding | 19.99 |
| Equity Value Per Share | -30.60 |