Etherstack Plc Net Assets
Etherstack Plc net assets. Based on the latest financial reports, Etherstack Plc (ESK) has net assets worth AU$13.81 Million AUD (≈ $9.77 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$26.17 Million ≈ $18.52 Million USD) and total liabilities (AU$12.36 Million ≈ $8.75 Million 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 net asset growth rate of Etherstack Plc to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$13.81 Million |
| % of Total Assets | 52.76% |
| Annual Growth Rate | 5.84% |
| 5-Year Change | 52.15% |
| 10-Year Change | N/A |
| Growth Volatility | 174.86 |
Net Assets of Etherstack Plc (2008–2025)
Net assets of Etherstack Plc from 2008 to 2025. This chart illustrates how Etherstack Plc's net assets have evolved over time, based on quarterly financial data. See Etherstack Plc (ESK) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Etherstack Plc (2008–2025)
The table below shows the annual net assets of Etherstack Plc from 2008 to 2025. For live market cap and overall valuation, see Etherstack Plc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$13.64 Million ≈ $9.65 Million |
+33.67% |
| 2024-12-31 | AU$10.21 Million ≈ $7.22 Million |
-29.20% |
| 2023-12-31 | AU$14.42 Million ≈ $10.20 Million |
+7.70% |
| 2022-12-31 | AU$13.39 Million ≈ $9.47 Million |
+49.29% |
| 2021-12-31 | AU$8.97 Million ≈ $6.35 Million |
+69.15% |
| 2020-12-31 | AU$5.30 Million ≈ $3.75 Million |
+1330.08% |
| 2019-12-31 | AU$-431.00K ≈ $-304.96K |
-72.40% |
| 2018-12-31 | AU$-250.00K ≈ $-176.89K |
-473.13% |
| 2017-12-31 | AU$67.00K ≈ $47.41K |
+259.52% |
| 2016-12-31 | AU$-42.00K ≈ $-29.72K |
+99.44% |
| 2015-12-31 | AU$-7.50 Million ≈ $-5.30 Million |
-290.38% |
| 2014-12-31 | AU$3.94 Million ≈ $2.79 Million |
-37.35% |
| 2013-12-31 | AU$6.29 Million ≈ $4.45 Million |
-31.26% |
| 2012-12-31 | AU$9.14 Million ≈ $6.47 Million |
-41.97% |
| 2011-12-31 | AU$15.76 Million ≈ $11.15 Million |
+203.22% |
| 2008-12-31 | AU$5.20 Million ≈ $3.68 Million |
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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.
Etherstack Plc Net Assets Breakdown (December 2025)
Etherstack Plc net assets breakdown by equity component as of 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 |
|---|---|
|
Inter Industries
TA:ININ
|
$47.69 Million |
|
Helium Evolution Inc
V:HEVI
|
$47.72 Million |
|
Sequana Medical NV
BR:SEQUA
|
$47.76 Million |
|
NexMetals Mining Corp. Common Shares
NASDAQ:NEXM
|
$47.77 Million |
|
One and One Green Technologies. Inc Class A Ordinary Shares
NASDAQ:YDDL
|
$47.66 Million |
|
CoAsia Corporation
KQ:045970
|
$47.65 Million |
|
Nuveen New York Select Tax-Free Income Portfolio
NYSE:NXN
|
$47.65 Million |
|
EUDA Health Holdings Limited
NASDAQ:EUDA
|
$47.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Etherstack Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,207,992 to 13,644,753, a change of 3,436,761 (33.7%).
- Net loss of 1,085,583 reduced equity.
- Share repurchases of 3,655,000 reduced equity.
- New share issuances of 3,655,000 increased equity.
- Other comprehensive income increased equity by 321,463.
- Other factors increased equity by 4,200,881.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.09 Million | -7.96% |
| Share Repurchases | AU$3.65 Million | -26.79% |
| Share Issuances | AU$3.65 Million | +26.79% |
| 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: 4.61x
- 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 0.12x to 4.61x 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$0.48 | x |
| 2012-12-31 | AU$0.29 | AU$0.48 | x |
| 2013-12-31 | AU$0.19 | AU$0.48 | x |
| 2014-12-31 | AU$0.12 | AU$0.48 | x |
| 2015-12-31 | AU$-0.06 | AU$0.48 | x |
| 2016-12-31 | AU$0.02 | AU$0.48 | x |
| 2017-12-31 | AU$0.00 | AU$0.48 | x |
| 2018-12-31 | AU$0.00 | AU$0.48 | x |
| 2019-12-31 | AU$-0.01 | AU$0.48 | x |
| 2020-12-31 | AU$0.05 | AU$0.48 | x |
| 2021-12-31 | AU$0.07 | AU$0.48 | x |
| 2022-12-31 | AU$0.10 | AU$0.48 | x |
| 2023-12-31 | AU$0.10 | AU$0.48 | x |
| 2024-12-31 | AU$0.08 | AU$0.48 | x |
| 2025-12-31 | AU$0.10 | AU$0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Etherstack Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.94%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.81x
- Recent ROE (-7.96%) is above the historical average (-306.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -12.42% | -16.18% | 0.43x | 1.79x | AU$-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: $12,701,670
- Average return on equity (ROE) among peers: -82.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Etherstack Plc (ESK) | AU$13.81 Million | -12.42% | 0.90x | $47.67 Million |
| One Click Group Ltd (1CG) | $3.64 Million | -19.68% | 0.28x | $6.47 Million |
| Thrive Tribe Technologies Ltd (1TT) | $3.64 Million | -249.45% | 0.34x | $3.36 Million |
| Ordinary Fully Paid Deferred Settlement (1TTDB) | $2.53 Million | -140.39% | 0.30x | $21.00 |
| LIFE360 Inc (360) | $72.28 Million | -41.52% | 0.18x | $3.69 Billion |
| Pointerra Ltd (3DP) | $1.22 Million | -207.20% | 1.89x | $14.35 Million |
| 8COMMON Ltd (8CO) | $6.31 Million | 6.08% | 0.27x | $4.12 Million |
| Aeeris Ltd (AER) | $2.39 Million | -8.84% | 0.30x | $3.44 Million |
| Aerometrex Ltd (AMX) | $29.00 Million | -14.63% | 0.58x | $19.83 Million |
| Assetowl Ltd (AO1) | $4.13 Million | -98.29% | 0.07x | $1.38 Million |
| Bridge Saas Ltd (BGE) | $1.88 Million | -54.79% | 0.56x | $707.07K |
About Etherstack Plc
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, Europe, Japan, and Australia. The company's technology enables push-to-talk communications; and advanced digital land mobile radio (LMR) and cellular and satelli… Read more