Beforepay Group Ltd
Beforepay Group Limited provides finance to its customers by way of pay on demand advances. It offers Beforepay that allows customers to access short-term loans through its pay advance and personal loan products to manage short-term cash flow challenges; and Carrington Labs, which provides cash flow underwriting and credit risk analytics solutions. The company was incorporated in 2019 and is base… Read more
Beforepay Group Ltd (B4P) - Net Assets
Latest net assets as of June 2025: AU$39.33 Million AUD
Based on the latest financial reports, Beforepay Group Ltd (B4P) has net assets worth AU$39.33 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$75.62 Million) and total liabilities (AU$36.29 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$39.33 Million |
| % of Total Assets | 52.01% |
| Annual Growth Rate | 116.36% |
| 5-Year Change | -28.21% |
| 10-Year Change | N/A |
| Growth Volatility | 1334.89 |
Beforepay Group Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Beforepay Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Beforepay Group Ltd (2019–2025)
The table below shows the annual net assets of Beforepay Group Ltd from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$39.33 Million | +28.81% |
| 2024-06-30 | AU$30.53 Million | +13.81% |
| 2023-06-30 | AU$26.83 Million | -17.78% |
| 2022-06-30 | AU$32.63 Million | -40.44% |
| 2021-06-30 | AU$54.78 Million | +3623.96% |
| 2020-06-30 | AU$1.47 Million | +284.14% |
| 2019-06-30 | AU$382.94K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beforepay Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4458706700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$80.55 Million | 204.82% |
| Other Comprehensive Income | AU$3.38 Million | 8.60% |
| Total Equity | AU$39.33 Million | 100.00% |
Beforepay Group Ltd Competitors by Market Cap
The table below lists competitors of Beforepay Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Integra Indocabinet Tbk PT
JK:WOOD
|
$30.18 Million |
|
RAIZ Invest Ltd
AU:RZI
|
$30.18 Million |
|
INC Research Holdings Inc
NASDAQ:INCR
|
$30.19 Million |
|
flyExclusive, Inc.
NYSE MKT:FLYX
|
$30.21 Million |
|
Cambuci S.A
SA:CAMB3
|
$30.17 Million |
|
VLS Finance Limited
NSE:VLSFINANCE
|
$30.17 Million |
|
Nakornthon Hospital Public Company Limited
BK:NKT
|
$30.16 Million |
|
SOTKAMO SILVER AB NAM.
F:VSO
|
$30.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beforepay Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,531,790 to 39,326,756, a change of 8,794,966 (28.8%).
- Net income of 6,741,759 contributed positively to equity growth.
- Share repurchases of 69,330 reduced equity.
- New share issuances of 69,333 increased equity.
- Other comprehensive income increased equity by 1,983,874.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$6.74 Million | +17.14% |
| Share Repurchases | AU$69.33K | -0.18% |
| Share Issuances | AU$69.33K | +0.18% |
| Other Comprehensive Income | AU$1.98 Million | +5.04% |
| Other Changes | AU$69.33K | +0.18% |
| Total Change | AU$- | 28.81% |
Book Value vs Market Value Analysis
This analysis compares Beforepay Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 198.72x to 2.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | AU$0.01 | AU$1.64 | x |
| 2020-06-30 | AU$0.01 | AU$1.64 | x |
| 2021-06-30 | AU$1.18 | AU$1.64 | x |
| 2022-06-30 | AU$0.70 | AU$1.64 | x |
| 2023-06-30 | AU$0.58 | AU$1.64 | x |
| 2024-06-30 | AU$0.57 | AU$1.64 | x |
| 2025-06-30 | AU$0.76 | AU$1.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beforepay Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.79%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.92x
- Recent ROE (17.14%) is above the historical average (-50.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -4.48% | 0.00% | 0.00x | 1.04x | AU$-55.46K |
| 2020 | -228.98% | -3322.98% | 0.03x | 2.52x | AU$-1.55 Million |
| 2021 | -35.77% | -435.24% | 0.07x | 1.15x | AU$-25.08 Million |
| 2022 | -89.31% | -190.76% | 0.26x | 1.77x | AU$-32.40 Million |
| 2023 | -24.73% | -21.61% | 0.47x | 2.43x | AU$-9.32 Million |
| 2024 | 12.65% | 10.94% | 0.48x | 2.41x | AU$810.57K |
| 2025 | 17.14% | 16.79% | 0.53x | 1.92x | AU$2.81 Million |
Industry Comparison
This section compares Beforepay Group Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $183,770,918
- Average return on equity (ROE) among peers: -48.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beforepay Group Ltd (B4P) | AU$39.33 Million | -4.48% | 0.92x | $30.18 Million |
| Acusensus Ltd (ACE) | $2.70 Million | -46.46% | 0.26x | $96.85 Million |
| Adslot Ltd (ADS) | $2.04 Million | 9.60% | 1.17x | $1.56 Million |
| Archtis Ltd (AR9) | $6.81 Million | -54.69% | 0.31x | $14.43 Million |
| Adveritas Ltd (AV1) | $7.58 Million | -125.18% | 0.27x | $27.64 Million |
| Beonic Ltd (BEO) | $7.06 Million | -149.30% | 2.27x | $2.48 Million |
| Cuscal Ltd (CCL) | $1.60 Billion | 28.06% | 2.48x | $419.52 Million |
| Aucyber Ltd (CYB) | $24.90 Million | -85.46% | 0.36x | $65.69K |
| Decidr Ai Industries Ltd (DAI) | $-213.59K | 0.00% | 0.00x | $20.72 Million |
| Dropsuite Ltd (DSE) | $2.95 Million | -9.33% | 0.03x | $185.00 Million |