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First America Resources Corporation

FSTJ
28
Shell Companies · Financial Services
Winston Score
28
Winston is worried
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Mar 31, 2026
How the score breaks down
Quality
Mixed
Growth
Mixed
Cash Flow
Strong
Stability
Data not available
Valuation
Data not available

Winston Score History

The full picture

First America Resources Corporation is a shell company listed under the financial services sector. Shell companies typically hold assets or exist as legal structures without running a large active business. They are often used for mergers, acquisitions, or as vehicles to take a private company public through a reverse merger.

The company appears to generate limited revenue, reflected in its near-zero market cap and thin operating margin of about 1%. Shell companies like this one usually do not have a traditional revenue model built on products or services sold to customers. The main risk here is that shell companies carry significant uncertainty — they may have little to no operating history, limited transparency, and their future depends almost entirely on whether they successfully complete a transaction or business combination with another company.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

+525.0% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

7.3%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$631,344 cash & investments

Quarterly Free Cash Flow

Company generates more cash than it spends — no dilution risk from fundraising

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
34.7%
Modest — 34.7% gross margin
Profit after running costs
Operating Margin
6.8%
Modest — 6.8% operating margin
Return on the money invested
ROCE
6.6%
Weak — 6.6% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
N/A
Data not available
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

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Cash Flow

Profit that turns into cash
Cash Conversion
2876%
Turns 2876% of profit into real cash
Spare cash per sale
FCF Margin
0.4%
Thin free cash flow (0.4%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
N/A
Data not available

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Valuation

Price vs profit
P/E Ratio (TTM)
N/A
no trend
Data not available
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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