Blackwall Ltd (BWF) - Net Assets

Latest as of December 2025: AU$42.74 Million AUD ≈ $30.24 Million USD

Based on the latest financial reports, Blackwall Ltd (BWF) has net assets worth AU$42.74 Million AUD (≈ $30.24 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$44.01 Million ≈ $31.14 Million USD) and total liabilities (AU$1.27 Million ≈ $897.19K USD). 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. Also explore balance sheet size of Blackwall Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$42.74 Million
% of Total Assets	97.12%
Annual Growth Rate	10.26%
5-Year Change	121.88%
10-Year Change	177.74%
Growth Volatility	75.32

Blackwall Ltd - Net Assets Trend (2011–2025)

This chart illustrates how Blackwall Ltd's net assets have evolved over time, based on quarterly financial data. Check Blackwall Ltd (BWF) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Blackwall Ltd (2011–2025)

The table below shows the annual net assets of Blackwall Ltd from 2011 to 2025. For live valuation and market cap data, see how much is Blackwall Ltd worth.

Year	Net Assets	Change
2025-06-30	AU$48.81 Million ≈ $34.53 Million	-30.34%
2024-06-30	AU$70.07 Million ≈ $49.58 Million	+283.81%
2023-06-30	AU$18.26 Million ≈ $12.92 Million	-19.08%
2022-06-30	AU$22.56 Million ≈ $15.96 Million	+2.56%
2021-06-30	AU$22.00 Million ≈ $15.56 Million	+0.86%
2020-06-30	AU$21.81 Million ≈ $15.43 Million	-30.78%
2019-06-30	AU$31.51 Million ≈ $22.29 Million	+6.69%
2018-06-30	AU$29.53 Million ≈ $20.90 Million	+27.95%
2017-06-30	AU$23.08 Million ≈ $16.33 Million	+31.34%
2016-06-30	AU$17.57 Million ≈ $12.43 Million	+13.77%
2015-06-30	AU$15.45 Million ≈ $10.93 Million	+10.84%
2014-06-30	AU$13.94 Million ≈ $9.86 Million	+26.11%
2013-06-30	AU$11.05 Million ≈ $7.82 Million	+19.70%
2012-06-30	AU$9.23 Million ≈ $6.53 Million	-25.76%
2011-06-30	AU$12.44 Million ≈ $8.80 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Blackwall 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 2677.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$70.78 Million	145.31%
Other Comprehensive Income	AU$73.00K	0.15%
Total Equity	AU$48.71 Million	100.00%

Blackwall Ltd Competitors by Market Cap

The table below lists competitors of Blackwall Ltd ranked by their market capitalization.

Company	Market Cap
Carboclor BA:CARC	$15.76 Million
SE-Education Public Company Limited BK:SE-ED	$15.76 Million
Hank Payments Corp V:HANK	$15.76 Million
NYESA VALOS CO.EO 001 F:7NY0	$15.77 Million
Research Frontiers Incorporated NASDAQ:REFR	$15.75 Million
Alta Zinc Limited F:8EE	$15.75 Million
Biosynex PA:ALBIO	$15.74 Million
VOLT RESOURCES LTD F:R8L	$15.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Blackwall Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 70,069,000 to 48,712,000, a change of -21,357,000 (-30.5%).
Net loss of 13,272,000 reduced equity.
Dividend payments of 1,826,000 reduced retained earnings.
Share repurchases of 75,000 reduced equity.
Other factors decreased equity by 6,184,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-13.27 Million	-27.25%
Dividends Paid	AU$1.83 Million	-3.75%
Share Repurchases	AU$75.00K	-0.15%
Other Changes	AU$-6.18 Million	-12.7%
Total Change	AU$-	-30.48%

Book Value vs Market Value Analysis

This analysis compares Blackwall 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: 0.45x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 0.63x to 0.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-06-30	AU$0.21	AU$0.13	x
2012-06-30	AU$0.18	AU$0.13	x
2013-06-30	AU$0.22	AU$0.13	x
2014-06-30	AU$0.28	AU$0.13	x
2015-06-30	AU$0.30	AU$0.13	x
2016-06-30	AU$0.34	AU$0.13	x
2017-06-30	AU$0.39	AU$0.13	x
2018-06-30	AU$0.49	AU$0.13	x
2019-06-30	AU$0.51	AU$0.13	x
2020-06-30	AU$0.35	AU$0.13	x
2021-06-30	AU$0.35	AU$0.13	x
2022-06-30	AU$0.34	AU$0.13	x
2023-06-30	AU$0.27	AU$0.13	x
2024-06-30	AU$0.56	AU$0.13	x
2025-06-30	AU$0.29	AU$0.13	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Blackwall 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): -27.25%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -918.48%
• Asset Turnover: 0.03x
• Equity Multiplier: 1.03x
Recent ROE (-27.25%) is below the historical average (8.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	-32.99%	-53.69%	0.50x	1.22x	AU$-3.92 Million
2013	16.39%	32.07%	0.42x	1.23x	AU$696.50K
2014	29.16%	47.19%	0.52x	1.19x	AU$2.68 Million
2015	18.28%	31.27%	0.50x	1.16x	AU$1.28 Million
2016	16.58%	27.00%	0.46x	1.33x	AU$1.16 Million
2017	15.54%	20.59%	0.56x	1.34x	AU$1.28 Million
2018	27.16%	31.01%	0.67x	1.30x	AU$5.09 Million
2019	10.12%	31.42%	0.27x	1.19x	AU$38.20K
2020	20.80%	74.67%	0.22x	1.26x	AU$2.36 Million
2021	13.77%	52.95%	0.21x	1.22x	AU$829.30K
2022	7.30%	25.90%	0.23x	1.22x	AU$-610.00K
2023	-5.51%	-65.37%	0.06x	1.48x	AU$-2.83 Million
2024	6.65%	322.63%	0.02x	1.04x	AU$-2.34 Million
2025	-27.25%	-918.48%	0.03x	1.03x	AU$-18.14 Million

Industry Comparison

This section compares Blackwall Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $762,339,767
Average return on equity (ROE) among peers: 7.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Blackwall Ltd (BWF)	AU$42.74 Million	-32.99%	0.03x	$15.76 Million
Acorn Capital Investment Fund Ltd (ACQ)	$52.17 Million	4.80%	0.04x	$55.18 Million
Australian Ethical Investment Ltd (AEF)	$6.27 Million	21.73%	0.32x	$353.58 Million
Australian Foundation Investment Company Ltd (AFI)	$5.45 Billion	5.39%	0.22x	$5.82 Billion
Alternative Investment Trust (AIQ)	$27.34 Million	10.56%	0.00x	$33.57 Million
Argo Global Listed Infrastructure Ltd (ALI)	$293.69 Million	2.65%	0.01x	$322.56 Million
Amcil Ltd (AMH)	$225.89 Million	3.40%	0.07x	$205.84 Million
Associate Global Partners Ltd (APL)	$9.37 Million	-8.53%	0.48x	$10.99 Million
Ariadne Australia Ltd (ARA)	$76.70 Million	6.78%	0.13x	$68.75 Million
ARC Funds Ltd (ARC)	$13.27 Million	26.50%	0.20x	$3.93 Million
Argo Investments Ltd (ARG)	$1.47 Billion	4.16%	0.16x	$4.88 Billion

About Blackwall Ltd

AU:BWF Australia Asset Management

Market Cap

$15.76 Million

AU$22.27 Million AUD

Market Cap Rank

#25809 Global

#1139 in Australia

Share Price

AU$0.13

Change (1 day)

-3.70%

52-Week Range

AU$0.13 - AU$0.46

All Time High

AU$0.81