Frontier Digital Ventures Ltd
Frontier Digital Ventures Limited is a private equity firm specializing in investing and developing online classifieds business in emerging markets. The firm prefers to invest in property and automotive verticals and general classifieds/marketplace websites. Frontier Digital Ventures Limited was founded in May 2014 and is based in Kuala Lumpur, Malaysia with an additional office in Melbourne, Aus… Read more
Frontier Digital Ventures Ltd (FDV) - Net Assets
Latest net assets as of June 2025: AU$123.47 Million AUD
Based on the latest financial reports, Frontier Digital Ventures Ltd (FDV) has net assets worth AU$123.47 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$145.59 Million) and total liabilities (AU$22.12 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$123.47 Million |
| % of Total Assets | 84.81% |
| Annual Growth Rate | 203.92% |
| 5-Year Change | -14.54% |
| 10-Year Change | 109.13% |
| Growth Volatility | 965804.56 |
Frontier Digital Ventures Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Frontier Digital Ventures 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 Frontier Digital Ventures Ltd (2014–2024)
The table below shows the annual net assets of Frontier Digital Ventures Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$128.66 Million | +2.99% |
| 2023-12-31 | AU$124.92 Million | +11.01% |
| 2022-12-31 | AU$112.53 Million | +9.56% |
| 2021-12-31 | AU$102.71 Million | -31.78% |
| 2020-12-31 | AU$150.56 Million | +175.15% |
| 2019-12-31 | AU$54.72 Million | +6.93% |
| 2018-12-31 | AU$51.18 Million | +14.75% |
| 2017-12-31 | AU$44.60 Million | -20.82% |
| 2016-12-31 | AU$56.32 Million | -8.46% |
| 2015-12-31 | AU$61.52 Million | +3219366.25% |
| 2014-12-31 | AU$1.91K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Frontier Digital Ventures 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 4707196.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$260.94 Million | 195.02% |
| Other Comprehensive Income | AU$-41.72 Million | -31.18% |
| Total Equity | AU$133.81 Million | 100.00% |
Frontier Digital Ventures Ltd Competitors by Market Cap
The table below lists competitors of Frontier Digital Ventures Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cayson Acquisition Corp
NASDAQ:CAPNU
|
$47.36 Million |
|
Citizens Holding Company
NASDAQ:CIZN
|
$47.36 Million |
|
UNITED FOODBRANDS LIMITED
NSE:UFBL
|
$47.36 Million |
|
Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi
IS:REEDR
|
$47.36 Million |
|
Deoleo S.A
PINK:SOSCF
|
$47.35 Million |
|
Merit Turizm Yatirim ve Isletme AS
IS:MERIT
|
$47.34 Million |
|
Tung Ho Textile Co Ltd
TW:1414
|
$47.32 Million |
|
Kabe Group AB Series B
LSE:0L9Z
|
$47.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frontier Digital Ventures Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 130,081,006 to 133,805,558, a change of 3,724,552 (2.9%).
- Net loss of 10,271,000 reduced equity.
- Share repurchases of 2,277 reduced equity.
- Other comprehensive income increased equity by 13,774,882.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-10.27 Million | -7.68% |
| Share Repurchases | AU$2.28K | -0.0% |
| Other Comprehensive Income | AU$13.77 Million | +10.29% |
| Other Changes | AU$222.95K | +0.17% |
| Total Change | AU$- | 2.86% |
Book Value vs Market Value Analysis
This analysis compares Frontier Digital Ventures 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: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18540.97x to 1.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | AU$0.00 | AU$0.32 | x |
| 2015-12-31 | AU$0.60 | AU$0.32 | x |
| 2016-12-31 | AU$0.44 | AU$0.32 | x |
| 2017-12-31 | AU$0.18 | AU$0.32 | x |
| 2018-12-31 | AU$0.21 | AU$0.32 | x |
| 2019-12-31 | AU$0.23 | AU$0.32 | x |
| 2020-12-31 | AU$0.55 | AU$0.32 | x |
| 2021-12-31 | AU$0.31 | AU$0.32 | x |
| 2022-12-31 | AU$0.30 | AU$0.32 | x |
| 2023-12-31 | AU$0.31 | AU$0.32 | x |
| 2024-12-31 | AU$0.31 | AU$0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frontier Digital Ventures 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): -7.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.09%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.14x
- Recent ROE (-7.68%) is below the historical average (1.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 126.60% | 0.00% | 0.00x | 2853.40x | AU$2.23K |
| 2015 | -3.84% | 0.00% | 0.00x | 0.96x | AU$-9.14 Million |
| 2016 | -7.12% | -171.36% | 0.04x | 1.12x | AU$-8.82 Million |
| 2017 | -34.24% | -138.47% | 0.21x | 1.18x | AU$-17.95 Million |
| 2018 | -12.70% | -49.73% | 0.24x | 1.08x | AU$-11.34 Million |
| 2019 | -4.22% | -15.56% | 0.25x | 1.07x | AU$-8.04 Million |
| 2020 | -8.75% | -63.36% | 0.13x | 1.10x | AU$-28.28 Million |
| 2021 | -14.32% | -29.38% | 0.29x | 1.71x | AU$-25.66 Million |
| 2022 | -8.87% | -17.30% | 0.35x | 1.47x | AU$-21.78 Million |
| 2023 | -6.61% | -12.66% | 0.46x | 1.14x | AU$-21.60 Million |
| 2024 | -7.68% | -15.09% | 0.45x | 1.14x | AU$-23.65 Million |
Industry Comparison
This section compares Frontier Digital Ventures Ltd's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $45,024,695
- Average return on equity (ROE) among peers: -225.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frontier Digital Ventures Ltd (FDV) | AU$123.47 Million | 126.60% | 0.18x | $47.35 Million |
| Airtasker Ltd (ART) | $2.08 Million | -1519.93% | 32.90x | $34.70 Million |
| CAR Group Ltd (CAR) | $277.16 Million | 39.50% | 0.95x | $5.32 Billion |
| Camplify Holdings Ltd (CHL) | $2.01 Million | -115.09% | 2.02x | $7.26 Million |
| Frugl Group Ltd (FGL) | $102.13K | -637.30% | 2.14x | $372.39K |
| FMR Resources Ltd (FMR) | $5.10 Million | -21.96% | 0.09x | $4.30 Million |
| Gumtree Australia Markets Ltd (GUM) | $33.09 Million | 32.75% | 0.75x | $11.95 Million |
| Love Group Global Ltd (LVE) | $288.34K | 188.45% | 6.31x | $1.33 Million |
| The Market Ltd (MKT) | $74.48 Million | 5.84% | 1.25x | $13.27 Million |
| Rma Global Ltd (RMY) | $10.91 Million | 0.00% | 0.09x | $8.65 Million |