ANKAM INC.

AI-generated fair value estimate for this company.

Method: Revenue-multiple approach for a micro-cap early-stage company: FY2025 (ended 11/30/25) revenue of $325,000 (up from $104,450, +211% YoY, but concentrated in 3 customers via subsidiary Mei Sheng Corp's software/app marketing business in Taiwan/Asia); applied a 2.0x revenue multiple to get $650,000 enterprise value; less net debt of $443,103 (total liabilities $574,813 minus cash $131,710); divided by 4,558,063 shares outstanding.

Reasoning: Ankam is a pre-scale mobile-app company with negative stockholders' equity, a going-concern warning, and no meaningful FCF, so a DCF is not meaningful; a discounted revenue multiple better reflects its hyper-growth-but-tiny-and-fragile revenue base, and the current market price appears wildly disconnected from fundamentals, consistent with a speculative, illiquid OTC micro-cap.