Firstwave Cloud Technology Ltd (FCT) - Net Assets
Based on the latest financial reports, Firstwave Cloud Technology Ltd (FCT) has net assets worth AU$19.17 Million AUD (≈ $13.56 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$29.41 Million ≈ $20.81 Million USD) and total liabilities (AU$10.24 Million ≈ $7.25 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. Check Firstwave Cloud Technology Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$19.17 Million |
| % of Total Assets | 65.18% |
| Annual Growth Rate | 15.62% |
| 5-Year Change | 97.47% |
| 10-Year Change | 236.39% |
| Growth Volatility | 110.17 |
Firstwave Cloud Technology Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Firstwave Cloud Technology Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Firstwave Cloud Technology Ltd (FCT) total assets for the complete picture of this company's asset base.
Annual Net Assets for Firstwave Cloud Technology Ltd (2011–2025)
The table below shows the annual net assets of Firstwave Cloud Technology Ltd from 2011 to 2025. For live valuation and market cap data, see FCT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$29.36 Million ≈ $20.78 Million |
-8.84% |
| 2024-06-30 | AU$32.21 Million ≈ $22.79 Million |
-38.56% |
| 2023-06-30 | AU$52.43 Million ≈ $37.10 Million |
-19.53% |
| 2022-06-30 | AU$65.16 Million ≈ $46.10 Million |
+338.17% |
| 2021-06-30 | AU$14.87 Million ≈ $10.52 Million |
-3.16% |
| 2020-06-30 | AU$15.35 Million ≈ $10.86 Million |
+119.06% |
| 2019-06-30 | AU$7.01 Million ≈ $4.96 Million |
+22.19% |
| 2018-06-30 | AU$5.74 Million ≈ $4.06 Million |
+17.39% |
| 2017-06-30 | AU$4.89 Million ≈ $3.46 Million |
-44.02% |
| 2016-06-30 | AU$8.73 Million ≈ $6.18 Million |
+303.96% |
| 2015-06-30 | AU$-4.28 Million ≈ $-3.03 Million |
-146.11% |
| 2014-06-30 | AU$9.28 Million ≈ $6.57 Million |
+101.07% |
| 2013-06-30 | AU$4.62 Million ≈ $3.27 Million |
-22.52% |
| 2012-06-30 | AU$5.96 Million ≈ $4.22 Million |
+54.91% |
| 2011-06-30 | AU$3.85 Million ≈ $2.72 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Firstwave Cloud Technology 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 10660372700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$131.09 Million | 446.41% |
| Other Comprehensive Income | AU$5.37 Million | 18.29% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$29.36 Million | 100.00% |
Firstwave Cloud Technology Ltd Competitors by Market Cap
The table below lists competitors of Firstwave Cloud Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THOR MNG CUFS/1LS- 00001
F:T5MB
|
$6.02 Million |
|
TGS Esports Inc
V:TGS
|
$6.03 Million |
|
Woodlandor Holdings Bhd
KLSE:7025
|
$6.03 Million |
|
TESGAS S.A.
WAR:TSG
|
$6.03 Million |
|
INDUSTRIAL MINERALS LTD
F:9ED
|
$6.02 Million |
|
Johnson Service Group Plc
LSE:JSG
|
$6.02 Million |
|
Duta Pertiwi Nusantara Tbk
JK:DPNS
|
$6.01 Million |
|
ScandiDos AB
ST:SDOS
|
$6.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Firstwave Cloud Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,212,626 to 29,364,386, a change of -2,848,240 (-8.8%).
- Net loss of 3,599,487 reduced equity.
- Other comprehensive income decreased equity by 414,053.
- Other factors increased equity by 1,165,300.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.60 Million | -12.26% |
| Other Comprehensive Income | AU$-414.05K | -1.41% |
| Other Changes | AU$1.17 Million | +3.97% |
| Total Change | AU$- | -8.84% |
Book Value vs Market Value Analysis
This analysis compares Firstwave Cloud Technology 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: 0.23x
- 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 increased from 0.00x to 0.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | AU$357.08 | AU$0.00 | x |
| 2012-06-30 | AU$188.45 | AU$0.00 | x |
| 2013-06-30 | AU$95.55 | AU$0.00 | x |
| 2014-06-30 | AU$66.09 | AU$0.00 | x |
| 2015-06-30 | AU$-12.87 | AU$0.00 | x |
| 2016-06-30 | AU$0.07 | AU$0.00 | x |
| 2017-06-30 | AU$0.03 | AU$0.00 | x |
| 2018-06-30 | AU$0.03 | AU$0.00 | x |
| 2019-06-30 | AU$0.02 | AU$0.00 | x |
| 2020-06-30 | AU$0.05 | AU$0.00 | x |
| 2021-06-30 | AU$0.02 | AU$0.00 | x |
| 2022-06-30 | AU$0.06 | AU$0.00 | x |
| 2023-06-30 | AU$0.03 | AU$0.00 | x |
| 2024-06-30 | AU$0.02 | AU$0.00 | x |
| 2025-06-30 | AU$0.02 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Firstwave Cloud Technology Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41.17%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.32x
- Recent ROE (-12.26%) is above the historical average (-59.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -12.66% | -1873.05% | 0.01x | 1.01x | AU$-871.60K |
| 2012 | -21.25% | -6886.65% | 0.00x | 1.05x | AU$-1.86 Million |
| 2013 | -29.83% | -172102.00% | 0.00x | 1.03x | AU$-1.84 Million |
| 2014 | -72.26% | -168.63% | 0.37x | 1.16x | AU$-7.64 Million |
| 2015 | 0.00% | -385.07% | 15.69x | 0.00x | AU$-17.52 Million |
| 2016 | -53.32% | -72.71% | 0.49x | 1.49x | AU$-5.53 Million |
| 2017 | -103.68% | -78.73% | 0.54x | 2.44x | AU$-5.56 Million |
| 2018 | -151.97% | -111.52% | 0.57x | 2.38x | AU$-9.29 Million |
| 2019 | -157.04% | -124.63% | 0.55x | 2.27x | AU$-11.71 Million |
| 2020 | -89.73% | -166.94% | 0.33x | 1.64x | AU$-15.31 Million |
| 2021 | -71.57% | -133.44% | 0.32x | 1.67x | AU$-12.13 Million |
| 2022 | -20.65% | -143.89% | 0.12x | 1.18x | AU$-19.97 Million |
| 2023 | -25.65% | -107.65% | 0.20x | 1.21x | AU$-18.69 Million |
| 2024 | -71.52% | -204.30% | 0.27x | 1.30x | AU$-26.26 Million |
| 2025 | -12.26% | -41.17% | 0.23x | 1.32x | AU$-6.54 Million |
Industry Comparison
This section compares Firstwave Cloud Technology Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $21,586,474
- Average return on equity (ROE) among peers: -33.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Firstwave Cloud Technology Ltd (FCT) | AU$19.17 Million | -12.66% | 0.53x | $6.02 Million |
| Acusensus Ltd (ACE) | $35.92 Million | -4.24% | 0.36x | $181.46 Million |
| Adslot Ltd (ADS) | $5.82 Million | 0.81% | 2.36x | $4.10 Million |
| Archtis Ltd (AR9) | $903.27K | -125.35% | 2.29x | $21.63 Million |
| Adveritas Ltd (AV1) | $-385.17K | 0.00% | 0.00x | $58.91 Million |
| Beforepay Group Ltd (B4P) | $39.33 Million | 17.14% | 0.92x | $49.33 Million |
| Decidr Ai Industries Ltd (DAI) | $-213.59K | 0.00% | 0.00x | $132.36 Million |
| Digitalx Ltd (DCC) | $2.23 Million | -204.90% | 0.53x | $34.76 Million |
| Dropsuite Ltd (DSE) | $13.10 Million | -17.73% | 0.04x | $295.92 Million |
| Dataworks Group Ltd (DWG) | $-59.00K | 0.00% | 0.00x | $8.75 Million |
| EML Payments Ltd (EML) | $119.21 Million | 0.07% | 0.26x | $115.46 Million |
About Firstwave Cloud Technology Ltd
FirstWave Cloud Technology Limited develops and sells network monitoring and internet security software in Australia, the United States, Canada, Mexico, Central America, South America, and the rest of the world. The company offers Network Management Information System, a complete network management solution; opCharts, an interactive dashboards and charts solution; opConfig, a network configuratio… Read more