Blinklab Ltd
BlinkLab Limited focuses on the development and commercialization of intellectual property related to smartphone-neurobehavioral testing. Its smartphone-based application serves as a device for conducting neurobehavioral evaluations. The company's application also enables remote and rapid testing to aid research on neurodevelopmental and neurodegenerative conditions such as schizophrenia, autism,… Read more
Blinklab Ltd (BB1) - Net Assets
Latest net assets as of June 2024: AU$6.48 Million AUD
Based on the latest financial reports, Blinklab Ltd (BB1) has net assets worth AU$6.48 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$6.87 Million) and total liabilities (AU$386.18K). 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$6.48 Million |
| % of Total Assets | 94.38% |
| Annual Growth Rate | 132.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7472.62 |
Blinklab Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Blinklab 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 Blinklab Ltd (2022–2025)
The table below shows the annual net assets of Blinklab Ltd from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$8.97 Million | +38.35% |
| 2024-06-30 | AU$6.48 Million | +15823.43% |
| 2023-06-30 | AU$40.72K | -94.32% |
| 2022-06-30 | AU$717.10K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blinklab 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 543712000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$14.89 Million | 166.02% |
| Other Components | AU$10.00 | 0.00% |
| Total Equity | AU$8.97 Million | 100.00% |
Blinklab Ltd Competitors by Market Cap
The table below lists competitors of Blinklab Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Han Kook Capital Co. Ltd
KQ:023760
|
$39.13 Million |
|
Wanshih Electronic Co Ltd
TWO:6134
|
$39.14 Million |
|
Jia Wei Lifestyle Inc
TW:3557
|
$39.15 Million |
|
PT Mulia Industrindo Tbk
JK:MLIA
|
$39.15 Million |
|
KidariStudio Inc
KO:020120
|
$39.09 Million |
|
Andover Bancorp Inc
PINK:ANDC
|
$39.09 Million |
|
Sangsangin Co. Ltd
KQ:038540
|
$39.08 Million |
|
CFSB Bancorp Inc
NASDAQ:CFSB
|
$39.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blinklab Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,484,020 to 8,970,930, a change of 2,486,910 (38.4%).
- Net loss of 5,707,130 reduced equity.
- Share repurchases of 7,552,920 reduced equity.
- Other factors increased equity by 15,746,960.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.71 Million | -63.62% |
| Share Repurchases | AU$7.55 Million | -84.19% |
| Other Changes | AU$15.75 Million | +175.53% |
| Total Change | AU$- | 38.35% |
Book Value vs Market Value Analysis
This analysis compares Blinklab 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: 11.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 111.99x to 11.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | AU$0.01 | AU$0.81 | x |
| 2023-06-30 | AU$0.00 | AU$0.81 | x |
| 2024-06-30 | AU$0.07 | AU$0.81 | x |
| 2025-06-30 | AU$0.07 | AU$0.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blinklab Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -63.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-63.62%) is above the historical average (-454.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -67.65% | 0.00% | 0.00x | 1.27x | AU$-556.86K |
| 2023 | -1661.05% | 0.00% | 0.00x | 9.09x | AU$-680.45K |
| 2024 | -27.04% | 0.00% | 0.00x | 1.06x | AU$-2.40 Million |
| 2025 | -63.62% | 0.00% | 0.00x | 1.08x | AU$-6.60 Million |
Industry Comparison
This section compares Blinklab Ltd's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $20,549,326
- Average return on equity (ROE) among peers: -54.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blinklab Ltd (BB1) | AU$6.48 Million | -67.65% | 0.06x | $39.10 Million |
| Adheris Health Limited (AHE) | $51.58 Million | 1.54% | 0.92x | $119.94 |
| Alcidion Group Ltd (ALC) | $6.57 Million | -38.71% | 0.23x | $60.88 Million |
| ARTRYA Ltd (AYA) | $40.64 Million | -42.21% | 0.08x | $148.36 Million |
| Beamtree Holdings Ltd (BMT) | $29.22 Million | 1.31% | 0.10x | $18.03 Million |
| Cogstate Ltd (CGS) | $29.02 Million | 24.18% | 1.36x | $124.86 Million |
| Careteq Ltd (CTQ) | $3.55 Million | -121.85% | 1.13x | $621.63K |
| Doctor Care Anywhere Group Plc (DOC) | $12.29 Million | -179.31% | 0.79x | $21.76 Million |
| Echoiq Ltd (EIQ) | $6.77 Million | -79.92% | 0.22x | $168.60 Million |
| Emyria Ltd (EMD) | $5.31 Million | -59.24% | 0.25x | $11.75 Million |