Valuation for CIRX - findataslice

	CIRTRAN CORP (CIRX)
	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014	Q1-CY2014	Q4-CY2013
Balance Sheet Date		2025-Sep-30	2025-Jun-30	2025-Mar-31	2024-Dec-31	2024-Sep-30	2024-Jun-30	2024-Mar-31	2023-Dec-31											2021-Mar-31	2020-Dec-31	2020-Sep-30	2020-Jun-30	2020-Mar-31	2019-Dec-31	2019-Sep-30	2019-Jun-30	2019-Mar-31	2018-Dec-31	2018-Sep-30	2018-Jun-30															2014-Sep-30	2014-Jun-30	2014-Mar-31	2013-Dec-31
Fiscal Period		Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024	Q4-FY2023											Q1-FY2021	Q4-FY2020	Q3-FY2020	Q2-FY2020	Q1-FY2020	Q4-FY2019	Q3-FY2019	Q2-FY2019	Q1-FY2019	Q4-FY2018	Q3-FY2018	Q2-FY2018															Q3-FY2014	Q2-FY2014	Q1-FY2014	Q4-FY2013
Close Price of Common Stock
Market Cap of Common Stock
QoQ%
YoY%
Common Shares Outstanding	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417	4,945,417				4,945,417		4,945,417	4,945,417	4,720,417	4,500,417	4,500,417	4,500,417	4,720,417	4,499,919	4,499,918,984	4,499,918,984	4,500,417	4,498,891,910	4,498,891,910	4,489,891,910	4,498,891,910	4,489,891,910	4,489,891,910										4,498,891,910	4,498,891,910	4,498,891,910	4,498,891,910	4,457,991,910
QoQ%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%							.00%	4.77%	4.89%	.00%	.00%	(4.66%)	4.90%	(99.90%)	.00%	99,888.93%	(99.90%)	.00%	.20%	(.20%)	.20%	.00%											.00%	.00%	.00%	.92%	2.06%
YoY%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%				.00%				4.77%		9.89%	9.89%	.00%	.01%	(99.90%)	(99.90%)	4.89%	(99.90%)	.02%	.22%	(99.90%)	.20%	.20%														.92%	3.00%	22.03%	42.53%	75.41%
Price to Sales
Price to Earnings
Price to Book
Total Revenue		448,492$	168,435$	460,816$	220,844$	256,070$	390,491$	429,391$	177,716$	766,512$	458,511$	213,409$								619,399$	797,306$	405,005$	528,232$	2,082$									7,500$	5,000$												200,871$	547,870$	351,743$	845,802$
QoQ%		166.27%	(63.45%)	108.66%	(13.76%)	(34.42%)	(9.06%)	141.62%	(76.82%)	67.17%	114.85%									(22.31%)	96.86%	(23.33%)	25,271.37%										50.00%													(63.34%)	55.76%	(58.41%)	28.47%
YoY%		75.14%	(56.87%)	7.32%	24.27%	(66.59%)	(14.84%)	101.21%												29,650.19%																										(69.49%)	(50.04%)	(59.48%)	(68.36%)
TTM		1,298,587$	1,106,165$	1,328,221$	1,296,796$	1,253,668$	1,764,110$	1,832,130$	1,616,148$											2,349,942$	1,732,625$																									1,946,286$	2,403,776$	2,952,597$	3,469,006$
TTM_QoQ%		17.40%	(16.72%)	2.42%	3.44%	(28.94%)	(3.71%)	13.36%												35.63%																										(19.03%)	(18.59%)	(14.89%)	(34.50%)
TTM_YoY%		3.58%	(37.30%)	(27.50%)	(19.76%)																																									(63.25%)	(54.57%)	(34.53%)	(18.58%)
Gross Margin		39.65%	50.43%	58.66%	99.26%	49.21%	56.83%	63.23%	20.19%	85.38%	41.11%	59.84%								50.49%	40.98%	43.61%	62.93%	28.87%									100.00%	100.00%												96.53%	89.07%	94.16%	33.22%
QoQ		(10.78%)	(8.23%)	(40.61%)	50.06%	(7.63%)	(6.40%)	43.04%	(65.19%)	44.26%	(18.73%)									9.51%	(2.63%)	(19.32%)	34.06%										.00%													7.46%	(5.08%)	60.93%	(47.91%)
YoY		(9.56%)	(6.40%)	(4.57%)	79.08%	(36.17%)	15.72%	3.39%												21.63%																										15.40%	6.94%	25.49%	(62.67%)
Operating Income		(166,504$)	(193,258$)	(43,273$)	(187,799$)	(222,225$)	(94,294$)	(46,421$)	231,726$	149$	(99,121$)	(147,671$)								4,565$	(13,978$)	(79,059$)	253,510$	(82,059$)	(141,511$)	(83,922$)	(106,528$)	(74,597$)	(160,845$)	(105,068$)	(104,416$)	(77,060$)	(221,099$)	(86,155$)	(485,940$)											(125,607$)	(178,773$)	(89,351$)	(471,050$)
QoQ%		13.84%	(346.60%)	76.96%	15.49%	(135.67%)	(103.13%)	(120.03%)	155,420.81%	100.15%	32.88%									132.66%	82.32%	(131.19%)	408.94%	42.01%	(68.62%)	21.22%	(42.81%)	53.62%	(53.09%)	(.62%)	(35.50%)	65.15%	(156.63%)	82.27%												29.74%	(100.08%)	81.03%	(31.53%)
YoY%		25.07%	(104.95%)	6.78%	(181.04%)	(149,244.30%)	4.87%	68.57%												105.56%	90.12%	5.80%	337.98%	(10.00%)	12.02%	20.13%	(2.02%)	3.20%	27.25%	(21.95%)	78.51%															64.93%	(320.62%)	66.56%	(137.46%)
TTM		(590,834$)	(646,555$)	(547,591$)	(550,739$)	(131,214$)	91,160$	86,333$	(14,917$)											165,038$	78,414$	(49,119$)	(53,982$)	(414,020$)	(406,558$)	(425,892$)	(447,038$)	(444,926$)	(447,389$)	(507,643$)	(488,730$)	(870,254$)														(864,781$)	(1,097,293$)	(837,486$)	(1,015,316$)
TTM_QoQ%		8.62%	(18.07%)	.57%	(319.73%)	(243.94%)	5.59%	678.76%												110.47%	259.64%	9.01%	86.96%	(1.84%)	4.54%	4.73%	(.48%)	.55%	11.87%	(3.87%)	43.84%															21.19%	(31.02%)	17.52%	(242.32%)
TTM_YoY%		(350.28%)	(809.25%)	(734.28%)	(3,592.02%)															139.86%	119.29%	88.47%	87.93%	6.95%	9.13%	16.10%	8.53%	48.87%																		(221.22%)	(250.94%)	(427.35%)	(170.17%)
Operating Margin		(37.13%)	(114.74%)	(9.39%)	(85.04%)	(86.78%)	(24.15%)	(10.81%)	130.39%	.02%	(21.62%)	(69.20%)								.74%	(1.75%)	(19.52%)	47.99%	(3,941.35%)									(2,947.99%)	(1,723.10%)												(62.53%)	(32.63%)	(25.40%)	(55.69%)
QoQ		77.61%	(105.35%)	75.65%	1.75%	(62.64%)	(13.34%)	(141.20%)	130.37%	21.64%	47.58%									2.49%	17.77%	(67.51%)	3,989.35%										(1,224.89%)													(29.90%)	(7.23%)	30.29%	(1.30%)
YoY		49.66%	(90.59%)	1.42%	(215.43%)	(86.80%)	(2.53%)	58.39%												3,942.09%																										(8.14%)	(40.02%)	5.37%	(102.75%)
Net Income		(419,878$)	(562,750$)	(155,436$)	(812,726$)	(899,953$)	(396,109$)	(518,088$)	21,217,447$	(205,755$)	(242,987$)	(480,345$)								(327,555$)	1,308,234$	(232,358$)	(228,370$)	(315,372$)	(413,084$)	(317,377$)	(285,958$)	(211,120$)	(351,080$)	(202,572$)	(434,528$)	(249,974$)	(251,820$)	(207,095$)	(1,235,095$)											(102,845$)	(722,546$)	(258,395$)	153,903$
QoQ%		25.39%	(262.05%)	80.88%	9.69%	(127.20%)	23.54%	(102.44%)	10,412.00%	15.32%	49.41%									(125.04%)	663.03%	(1.75%)	27.59%	23.65%	(30.16%)	(10.99%)	(35.45%)	39.87%	(73.31%)	53.38%	(73.83%)	.73%	(21.60%)	83.23%												85.77%	(179.63%)	(267.90%)	179.94%
YoY%		53.34%	(42.07%)	70.00%	(103.83%)	(337.39%)	(63.02%)	(7.86%)												(3.86%)	416.70%	26.79%	20.14%	(49.38%)	(17.66%)	(56.67%)	34.19%	15.54%	(39.42%)	2.18%	64.82%															46.58%	(142.62%)	40.25%	(79.56%)
TTM		(1,950,790$)	(2,430,865$)	(2,264,224$)	(2,626,876$)	19,403,297$	20,097,495$	20,250,617$	20,288,360$											519,951$	532,134$	(1,189,184$)	(1,274,203$)	(1,331,791$)	(1,227,539$)	(1,165,535$)	(1,050,730$)	(1,199,300$)	(1,238,154$)	(1,138,894$)	(1,143,417$)	(1,943,984$)														(929,883$)	(1,019,564$)	1,398,328$	1,224,243$
TTM_QoQ%		19.75%	(7.36%)	13.81%	(113.54%)	(3.45%)	(.76%)	(.19%)												(2.29%)	144.75%	6.67%	4.32%	(8.49%)	(5.32%)	(10.93%)	12.39%	3.14%	(8.72%)	.40%	41.18%															8.80%	(172.91%)	14.22%	(32.85%)
TTM_YoY%		(110.05%)	(112.10%)	(111.18%)	(112.95%)															139.04%	143.35%	(2.03%)	(21.27%)	(11.05%)	.86%	(2.34%)	8.11%	38.31%																		(151.00%)	(169.41%)	250.03%	168.48%
Profit Margin		(93.62%)	(334.11%)	(33.73%)	(368.01%)	(351.45%)	(101.44%)	(120.66%)	11,938.96%	(26.84%)	(53.00%)	(225.08%)								(52.88%)	164.08%	(57.37%)	(43.23%)	(15,147.55%)									(3,357.60%)	(4,141.90%)												(51.20%)	(131.88%)	(73.46%)	18.20%
QoQ		240.49%	(300.37%)	334.28%	(16.56%)	(250.01%)	19.22%	(12,059.62%)	11,965.81%	26.15%	172.09%									(216.97%)	221.45%	(14.14%)	15,104.32%										784.30%													80.68%	(58.42%)	(91.66%)	47.44%
YoY		257.83%	(232.67%)	86.93%	(12,306.97%)	(324.61%)	(48.44%)	104.43%												15,094.67%																										(21.96%)	(286.47%)	(23.65%)	(9.97%)
Equity to Common Shareholders		(25,543,625$)	(25,123,747$)	(24,560,997$)	(24,405,561$)	(23,592,835$)	(22,692,882$)	(22,296,773$)	(21,778,685$)	(42,996,132$)	(42,790,377$)	(42,547,390$)	(42,067,045$)				(40,564,954$)			(41,018,906$)	(40,698,101$)	(42,010,735$)	(41,778,377$)	(41,550,007$)	(41,234,691$)	(40,821,607$)	(40,504,230$)	(40,218,272$)	(40,007,152$)	(40,132,325$)	(39,983,072$)	(39,714,158$)	(38,987,931$)				(40,821,375$)									(14,643,697$)	(14,653,251$)	(14,133,083$)	(13,962,306$)
QoQ		(419,878$)	(562,750$)	(155,436$)	(812,726$)	(899,953$)	(396,109$)	(518,088$)	21,217,447$	(205,755$)	(242,987$)	(480,345$)								(320,805$)	1,312,634$	(232,358$)	(228,370$)	(315,316$)	(413,084$)	(317,377$)	(285,958$)	(211,120$)	125,173$	(149,253$)	(268,914$)	(726,227$)														9,554$	(520,168$)	(170,777$)	289,452$
QoQ%		(1.67%)	(2.29%)	(.64%)	(3.45%)	(3.97%)	(1.78%)	(2.38%)	49.35%	(.48%)	(.57%)	(1.14%)								(.79%)	3.13%	(.56%)	(.55%)	(.77%)	(1.01%)	(.78%)	(.71%)	(.53%)	.31%	(.37%)	(.68%)	(1.86%)														.07%	(3.68%)	(1.22%)	2.03%
YoY		(1,950,790$)	(2,430,865$)	(2,264,224$)	(2,626,876$)	19,403,297$	20,097,495$	20,250,617$	20,288,360$				(1,502,091$)				133,147$			531,101$	536,590$	(1,189,128$)	(1,274,147$)	(1,331,735$)	(1,227,539$)	(689,282$)	(521,158$)	(504,114$)	(1,019,221$)				1,833,444$													(391,939$)	174,575$	1,460,456$	2,591,284$
YoY%		(8.27%)	(10.71%)	(10.16%)	(12.06%)	45.13%	46.97%	47.60%	48.23%				(3.70%)				.33%			1.28%	1.30%	(2.91%)	(3.15%)	(3.31%)	(3.07%)	(1.72%)	(1.30%)	(1.27%)	(2.61%)				4.49%													(2.75%)	1.18%	9.37%	15.65%
Dividends Paid
Additional Paid-In Capital QoQ
Treasury Stock
QoQ
Goodwill
QoQ%
YoY%
Other Intangible Assets
QoQ
Amortization of Intangible Assets
Total Assets		1,917,044$	1,641,839$	1,743,264$	1,532,332$	2,213,955$	2,284,427$	1,879,191$	1,848,562$				1,998,527$							1,450,917$	1,311,150$	944,420$	827,427$	602,942$	329,796$	313,237$	318,326$	322,483$	312,401$	331,324$	324,603$		320,590$													651,498$	635,476$	651,386$	628,620$
QoQ		275,205$	(101,425$)	210,932$	(681,623$)	(70,472$)	405,236$	30,629$												139,767$	366,730$	116,993$	224,485$	273,146$	16,559$	(5,089$)	(4,157$)	10,082$	(18,923$)	6,721$																16,022$	(15,910$)	22,766$	(353,006$)
YoY		(296,911$)	(642,588$)	(135,927$)	(316,230$)				(149,965$)											847,975$	981,354$	631,183$	509,101$	280,459$	17,395$	(18,087$)	(6,277$)		(8,189$)																	(330,128$)	(640,004$)	(14,265$)	(258,462$)
Total Liabilities		27,460,669$	26,765,586$	26,304,261$	25,937,893$	25,806,790$	24,977,309$	24,175,964$	23,627,247$				44,065,572$							42,469,823$	42,009,251$	42,955,155$	42,433,304$	42,152,949$	41,564,487$	41,611,097$	41,298,809$	41,017,008$	40,319,553$	40,463,649$	40,307,675$		39,784,774$													24,272,393$	24,153,526$	23,446,890$	23,182,089$
QoQ		695,083$	461,325$	366,368$	131,103$	829,481$	801,345$	548,717$												460,572$	(945,904$)	521,851$	280,355$	588,462$	(46,610$)	312,288$	281,801$	697,455$	(144,096$)	155,974$																118,867$	706,636$	264,801$	(516,789$)
YoY		1,653,879$	1,788,277$	2,128,297$	2,310,646$				(20,438,325$)											316,874$	444,764$	1,344,058$	1,134,495$	1,135,941$	1,244,934$	1,147,448$	991,134$		534,779$																	573,515$	(422,010$)	(2,448,702$)	(3,568,081$)
Current Ratio		.07x	.06x	.06x	.06x	.08x	.09x	.07x	.07x				.04x							.03x	.02x	.02x	.01x	.01x	-	-	-	-	-	-	-		-													.01x	.01x	.01x	.01x
Total Current Assets		1,663,950$	1,388,419$	1,489,358$	1,277,925$	1,898,707$	1,967,949$	1,561,494$	1,529,637$				1,683,509$							1,087,914$	942,442$	644,420$	527,427$	302,942$	20,024$	2,891$	7,407$	10,991$	336$	18,686$	11,392$		6,233$													284,018$	263,043$	279,332$	248,031$
QoQ		275,531$	(100,939$)	211,433$	(620,782$)	(69,242$)	406,455$	31,857$												145,472$	298,022$	116,993$	224,485$	282,918$	17,133$	(4,516$)	(3,584$)	10,655$	(18,350$)	7,294$																20,975$	(16,289$)	31,301$	(360,318$)
Total Current Liabilities		24,561,082$	23,894,988$	23,457,855$	23,117,170$	22,984,561$	22,163,744$	21,385,344$	20,858,731$				41,390,374$							38,472,336$	38,052,193$	39,077,972$	38,785,485$	38,549,090$	38,014,621$	38,115,819$	37,097,439$	36,845,438$	36,177,455$	36,351,678$	36,220,571$		35,756,921$													24,272,393$	24,153,526$	23,446,890$	23,182,089$
QoQ		666,094$	437,133$	340,685$	132,609$	820,817$	778,400$	526,613$												420,143$	(1,025,779$)	292,487$	236,395$	534,469$	(101,198$)	1,018,380$	252,001$	667,983$	(174,223$)	131,107$																118,867$	706,636$	264,801$	(516,789$)
Debt to Asset Ratio		14.32x	16.30x	15.09x	16.93x	11.66x	10.93x	12.87x	12.78x				22.05x							29.27x	32.04x	45.48x	51.28x	69.91x	126.03x	132.84x	129.74x	127.19x	129.06x	122.13x	124.18x		124.10x													37.26x	38.01x	36.00x	36.88x
Long Term Debt																									1,927,642$	1,891,174$			2,590,528$
QoQ																									36,468$
YoY																									(662,886$)
Capital Lease Obligations																				43,511$	50,409$
Cash and Cash Equivalents																				29,778$	108,147$	9,354$	102,331$	9,595$		1,681$	7,407$	10,991$	214$	18,564$	11,270$	7,281$	5,824$	89,630$	81,993$		273$									200$	200$	180$	281$
QoQ																				(78,369$)	98,793$	(92,977$)	92,736$			(5,726$)	(3,584$)	10,777$	(18,350$)	7,294$	3,989$	1,457$	(83,806$)	7,637$												0$	20$	(101$)	(32,960$)
YoY																				20,183$		7,673$	94,924$	(1,396$)		(16,883$)	(3,863$)	3,710$	(5,610$)	(71,066$)	(70,723$)		5,551$													(33,041$)	(45,865$)	(10,536$)	(7,602$)
Interest Expenses								184,952$				183,288$								166,488$	191,701$	154,318$	156,568$	156,067$	154,847$	187,546$	124,771$	125,592$	125,721$	120,004$	125,837$	124,215$	127,419$	120,940$	240,699$											146,617$	23,479$	23,428$
Interest Income