Etherstack Plc

AU:ESK Australia Software - Application
Market Cap
$49.08 Million
AU$79.27 Million AUD
Market Cap Rank
#25120 Global
#535 in Australia
Share Price
AU$0.56
Change (1 day)
-0.44%
52-Week Range
AU$0.24 - AU$0.76
All Time High
AU$1.75
Categories
Companies in Australia Software - Application Technology AI & Machine Learning
About

Etherstack plc, a wireless technology company, engages in the development, manufacture, licensing, and sale of mission critical radio technologies to equipment manufacturers and network operators in the United Kingdom, the United States, Japan, and Australia. The company's technology enables push-to-talk communications; and advanced digital land mobile radio (LMR) and cellular and satellite netwo… Read more

Etherstack Plc (ESK) - Net Assets

Latest net assets as of December 2025: AU$13.64 Million AUD

Based on the latest financial reports, Etherstack Plc (ESK) has net assets worth AU$13.64 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$24.71 Million) and total liabilities (AU$11.07 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$13.64 Million
% of Total Assets 55.21%
Annual Growth Rate 5.84%
5-Year Change 52.15%
10-Year Change N/A
Growth Volatility 174.86

Etherstack Plc - Net Assets Trend (2008–2025)

This chart illustrates how Etherstack Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Etherstack Plc (2008–2025)

The table below shows the annual net assets of Etherstack Plc from 2008 to 2025.

Year Net Assets Change
2025-12-31 AU$13.64 Million +33.67%
2024-12-31 AU$10.21 Million -29.20%
2023-12-31 AU$14.42 Million +7.70%
2022-12-31 AU$13.39 Million +49.29%
2021-12-31 AU$8.97 Million +69.15%
2020-12-31 AU$5.30 Million +1330.08%
2019-12-31 AU$-431.00K -72.40%
2018-12-31 AU$-250.00K -473.13%
2017-12-31 AU$67.00K +259.52%
2016-12-31 AU$-42.00K +99.44%
2015-12-31 AU$-7.50 Million -290.38%
2014-12-31 AU$3.94 Million -37.35%
2013-12-31 AU$6.29 Million -31.26%
2012-12-31 AU$9.14 Million -41.97%
2011-12-31 AU$15.76 Million +203.22%
2008-12-31 AU$5.20 Million --

Equity Component Analysis

This analysis shows how different components contribute to Etherstack Plc'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 701.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock AU$1.20 Million 8.81%
Other Comprehensive Income AU$-2.60 Million -19.06%
Other Components AU$29.09 Million 213.19%
Total Equity AU$13.64 Million 100.00%

Etherstack Plc Competitors by Market Cap

The table below lists competitors of Etherstack Plc ranked by their market capitalization.

Company Market Cap
Hojeon Ltd
KO:111110
 		$21.57 Million
FBR Limited
OTCQB:FBRKF
 		$21.59 Million
Chengdu PUTIAN Telecommunications Cable Company Limited
F:CUEH
 		$21.59 Million
Butterfly Gandhimathi Appliances Limited
NSE:BUTTERFLY
 		$21.59 Million
PAC.CENT.PREM. HD-50
F:DOF5
 		$21.57 Million
China HK Power Smart Energy Group Limited
OTCGREY:CHNTF
 		$21.56 Million
Voltaic Minerals Corp
V:VLT
 		$21.56 Million
Pioneer Bankshares Inc
PINK:PNBI
 		$21.56 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 10,207,992 to 13,644,753, a change of 3,436,761 (33.7%).
  • Net loss of 1,085,583 reduced equity.
  • Other comprehensive income increased equity by 321,463.
  • Other factors increased equity by 4,200,881.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-1.09 Million -7.96%
Other Comprehensive Income AU$321.46K +2.36%
Other Changes AU$4.20 Million +30.79%
Total Change AU$- 33.67%

Book Value vs Market Value Analysis

This analysis compares Etherstack Plc'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: 5.43x
  • 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 increased from 0.14x to 5.43x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 AU$3.94 AU$0.56 x
2012-12-31 AU$0.29 AU$0.56 x
2013-12-31 AU$0.19 AU$0.56 x
2014-12-31 AU$0.12 AU$0.56 x
2015-12-31 AU$-0.06 AU$0.56 x
2016-12-31 AU$0.02 AU$0.56 x
2017-12-31 AU$0.00 AU$0.56 x
2018-12-31 AU$0.00 AU$0.56 x
2019-12-31 AU$-0.01 AU$0.56 x
2020-12-31 AU$0.05 AU$0.56 x
2021-12-31 AU$0.07 AU$0.56 x
2022-12-31 AU$0.10 AU$0.56 x
2023-12-31 AU$0.10 AU$0.56 x
2024-12-31 AU$0.08 AU$0.56 x
2025-12-31 AU$0.10 AU$0.56 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Etherstack Plc 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): -7.96%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.94%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 1.81x
  • Recent ROE (-7.96%) is above the historical average (-306.32%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -12.42% -16.18% 0.43x 1.79x AU$-2.00 Million
2013 -73.59% -91.18% 0.34x 2.39x AU$-5.20 Million
2014 -57.03% -32.09% 0.53x 3.32x AU$-2.64 Million
2015 0.00% -288.84% 0.23x 0.00x AU$-5.78 Million
2016 -97.98% -28.67% 0.75x 4.55x AU$-1.87 Million
2017 -3964.20% -37.32% 0.57x 187.47x AU$-1.55 Million
2018 0.00% 1.01% 0.74x 0.00x AU$56.30K
2019 0.00% -18.18% 0.69x 0.00x AU$-809.00K
2020 -62.94% -71.10% 0.36x 2.47x AU$-3.87 Million
2021 16.24% 17.11% 0.49x 1.93x AU$559.33K
2022 23.81% 22.42% 0.69x 1.54x AU$1.85 Million
2023 5.46% 5.69% 0.58x 1.65x AU$-653.75K
2024 -57.83% -65.64% 0.40x 2.18x AU$-6.92 Million
2025 -7.96% -6.94% 0.63x 1.81x AU$-2.45 Million

Industry Comparison

This section compares Etherstack Plc's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $16,051,462
  • Average return on equity (ROE) among peers: -125.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Etherstack Plc (ESK) AU$13.64 Million -12.42% 0.81x $21.57 Million
One Click Group Ltd (1CG) $278.57K -864.87% 0.77x $5.84 Million
Thrive Tribe Technologies Ltd (1TT) $3.54 Million -83.33% 0.10x $300.18K
Pointerra Ltd (3DP) $4.59 Million -32.89% 0.82x $12.07 Million
8COMMON Ltd (8CO) $3.05 Million -108.34% 0.88x $1.54 Million
Adacel Tech Ltd (ADA) $19.57 Million 28.14% 1.12x $10.91 Million
Aeeris Ltd (AER) $1.02 Million -61.85% 0.76x $1.78 Million
Aerometrex Ltd (AMX) $17.84 Million -36.81% 2.42x $5.62 Million
Assetowl Ltd (AO1) $2.71 Million -52.24% 0.05x $577.74K
Bridge Saas Ltd (BGE) $1.93 Million -58.39% 1.02x $176.99K
Bravura Solutions Ltd (BVS) $105.98 Million 13.61% 0.72x $409.97 Million