📊 FSTJ Key Takeaways
Is FSTJ a Good Investment? Thesis Analysis
First America Resources Corp exhibits severe structural financial distress with negative stockholders' equity of -$868K, indicating the company is technically insolvent on a book value basis. Critical liquidity constraints (0.54x current ratio) combined with liabilities exceeding assets by $900K create an unsustainable financial position that threatens ongoing operations and shareholder viability.
Why Buy FSTJ? Key Strengths
- Decent gross margin of 53.7% suggests underlying product/service has reasonable unit economics before operating expenses
- Positive operating cash flow of $128.9K and free cash flow of $127.4K indicate near-term cash generation despite accounting losses
- Positive net income of $501K in latest period shows operational profitability on accrual basis
FSTJ Investment Risks to Consider
- Negative stockholders' equity of -$868K means liabilities exceed assets; company is technically insolvent and at high bankruptcy risk
- Severely constrained liquidity with current ratio of 0.54x indicates inability to cover short-term obligations; working capital crisis imminent
- Massive gap between liabilities ($7.5M) and assets ($6.6M) with no disclosed long-term debt structure suggests unresolved liability issues or hidden obligations
- Extremely low operating margin of 1.7% despite 53.7% gross margin indicates severe operating expense burden and lack of operational efficiency
- Zero insider Form 4 filings in last 90 days suggests management disengagement or inability to trade due to distressed conditions
- Tiny market capitalization relative to liabilities creates minimal equity cushion for creditors or shareholders
Key Metrics to Watch
- Stockholders' equity trajectory - any movement toward positive territory is critical for viability
- Current ratio and working capital position - must improve above 1.0x to eliminate liquidity crisis
- Operating margin expansion - management must demonstrate ability to reduce operating expenses relative to gross profit
- Quarterly cash burn rate and runway - determine how many quarters until cash depletion at current burn rate
FSTJ Financial Metrics
💡 AI Analyst Insight
The relatively thin 0.9% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.
FSTJ Profitability Ratios
FSTJ vs Technology Sector
How First America Resources Corp compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FSTJ Overvalued or Undervalued?
Based on fundamental analysis, First America Resources Corp has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
FSTJ Balance Sheet & Liquidity
FSTJ 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: First America Resources Corp's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.00 indicates the company is currently unprofitable.
FSTJ Growth Metrics (YoY)
FSTJ Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2024 | N/A | -$2.8K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
FSTJ Capital Allocation
FSTJ SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for First America Resources Corp (CIK: 0001525306)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FSTJ
What is the AI rating for FSTJ?
First America Resources Corp (FSTJ) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are FSTJ's key strengths?
Claude: Decent gross margin of 53.7% suggests underlying product/service has reasonable unit economics before operating expenses. Positive operating cash flow of $128.9K and free cash flow of $127.4K indicate near-term cash generation despite accounting losses.
What are the risks of investing in FSTJ?
Claude: Negative stockholders' equity of -$868K means liabilities exceed assets; company is technically insolvent and at high bankruptcy risk. Severely constrained liquidity with current ratio of 0.54x indicates inability to cover short-term obligations; working capital crisis imminent.
What is FSTJ's revenue and growth?
First America Resources Corp reported revenue of $14.3M.
Does FSTJ pay dividends?
First America Resources Corp does not currently pay dividends.
Where can I find FSTJ SEC filings?
Official SEC filings for First America Resources Corp (CIK: 0001525306) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FSTJ's EPS?
First America Resources Corp has a diluted EPS of $0.01.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FSTJ a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, First America Resources Corp has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FSTJ stock overvalued or undervalued?
Valuation metrics for FSTJ: ROE of N/A (sector avg: 22%), net margin of 3.5% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy FSTJ stock in 2026?
Our dual AI analysis gives First America Resources Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FSTJ's free cash flow?
First America Resources Corp's operating cash flow is $128.9K, with capital expenditures of $1.5K. FCF margin is 0.9%.
How does FSTJ compare to other Technology stocks?
Vs Technology sector averages: Net margin 3.5% (avg: 18%), ROE N/A (avg: 22%), current ratio 0.54 (avg: 2.5).