Findi Ltd (FND) - Net Assets

Latest as of March 2026: AU$24.64 Million AUD ≈ $17.44 Million USD

Based on the latest financial reports, Findi Ltd (FND) has net assets worth AU$24.64 Million AUD (≈ $17.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$280.69 Million ≈ $198.61 Million USD) and total liabilities (AU$256.05 Million ≈ $181.17 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 Findi Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$24.64 Million
% of Total Assets	8.78%
Annual Growth Rate	7.35%
5-Year Change	75.3%
10-Year Change	101.47%
Growth Volatility	226.51

Findi Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Findi Ltd's net assets have evolved over time, based on quarterly financial data. See Findi Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Findi Ltd (2001–2025)

The table below shows the annual net assets of Findi Ltd from 2001 to 2025. For live valuation and market cap data, see Findi Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	AU$24.64 Million ≈ $17.44 Million	-61.81%
2024-12-31	AU$64.52 Million ≈ $45.65 Million	+75.03%
2023-12-31	AU$36.86 Million ≈ $26.08 Million	+73.06%
2022-12-31	AU$21.30 Million ≈ $15.07 Million	+51.52%
2021-12-31	AU$14.06 Million ≈ $9.95 Million	-32.81%
2020-12-31	AU$20.92 Million ≈ $14.80 Million	+19.27%
2019-12-31	AU$17.54 Million ≈ $12.41 Million	+8.13%
2018-12-31	AU$16.22 Million ≈ $11.48 Million	-17.92%
2017-12-31	AU$19.77 Million ≈ $13.99 Million	+61.60%
2016-12-31	AU$12.23 Million ≈ $8.65 Million	+5.83%
2015-12-31	AU$11.56 Million ≈ $8.18 Million	+46.88%
2014-12-31	AU$7.87 Million ≈ $5.57 Million	-4.16%
2013-12-31	AU$8.21 Million ≈ $5.81 Million	-10.81%
2012-12-31	AU$9.21 Million ≈ $6.51 Million	-51.15%
2011-12-31	AU$18.85 Million ≈ $13.33 Million	-54.02%
2010-12-31	AU$40.99 Million ≈ $29.00 Million	+1071.68%
2009-12-31	AU$3.50 Million ≈ $2.48 Million	-5.66%
2008-12-31	AU$3.71 Million ≈ $2.62 Million	-54.58%
2007-12-31	AU$8.16 Million ≈ $5.78 Million	+38.13%
2006-12-31	AU$5.91 Million ≈ $4.18 Million	-9.05%
2005-12-31	AU$6.50 Million ≈ $4.60 Million	+350.46%
2004-12-31	AU$1.44 Million ≈ $1.02 Million	-60.84%
2003-12-31	AU$3.68 Million ≈ $2.61 Million	-56.40%
2002-12-31	AU$8.45 Million ≈ $5.98 Million	+88.26%
2001-12-31	AU$4.49 Million ≈ $3.18 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Findi 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 7043500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	AU$108.42 Million	439.97%
Other Comprehensive Income	AU$-9.51 Million	-38.57%
Total Equity	AU$24.64 Million	100.00%

Findi Ltd Competitors by Market Cap

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

Company	Market Cap
HeraMED Limited F:1I4	$28.30 Million
Dyadic International Inc NASDAQ:DYAI	$28.30 Million
IFS Capital (Thailand) Public Company Limited BK:IFS	$28.30 Million
RDE, Inc. NASDAQ:GIFT	$28.31 Million
Mishorim Real Estate Investments TA:MSHR	$28.28 Million
Hotel Fitra International Tbk PT JK:FITT	$28.28 Million
Lung Ming Green Energy Technology Engineering Co Ltd TW:3018	$28.26 Million
PermRock Royalty Trust NYSE:PRT	$28.22 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 64,524,000 to 24,643,000, a change of -39,881,000 (-61.8%).
Net loss of 44,162,000 reduced equity.
Other comprehensive income decreased equity by 9,497,000.
Other factors increased equity by 13,778,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-44.16 Million	-179.21%
Other Comprehensive Income	AU$-9.50 Million	-38.54%
Other Changes	AU$13.78 Million	+55.91%
Total Change	AU$-	-61.81%

Book Value vs Market Value Analysis

This analysis compares Findi 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: 0.91x
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 0.02x to 0.91x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	AU$19.37	AU$0.40	x
2002-12-31	AU$22.93	AU$0.40	x
2003-12-31	AU$6.56	AU$0.40	x
2004-12-31	AU$2.97	AU$0.40	x
2005-12-31	AU$11.89	AU$0.40	x
2006-12-31	AU$9.29	AU$0.40	x
2007-12-31	AU$11.92	AU$0.40	x
2008-12-31	AU$5.83	AU$0.40	x
2009-12-31	AU$4.88	AU$0.40	x
2010-12-31	AU$12.12	AU$0.40	x
2011-12-31	AU$4.13	AU$0.40	x
2012-12-31	AU$2.07	AU$0.40	x
2013-12-31	AU$1.85	AU$0.40	x
2014-12-31	AU$1.77	AU$0.40	x
2015-12-31	AU$2.57	AU$0.40	x
2016-12-31	AU$2.57	AU$0.40	x
2017-12-31	AU$3.78	AU$0.40	x
2018-12-31	AU$2.90	AU$0.40	x
2019-12-31	AU$2.72	AU$0.40	x
2020-12-31	AU$3.23	AU$0.40	x
2021-12-31	AU$0.48	AU$0.40	x
2022-12-31	AU$0.59	AU$0.40	x
2023-12-31	AU$0.86	AU$0.40	x
2024-12-31	AU$1.32	AU$0.40	x
2025-12-31	AU$0.44	AU$0.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Findi 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): -179.21%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -53.22%
• Asset Turnover: 0.30x
• Equity Multiplier: 11.39x
Recent ROE (-179.21%) is below the historical average (-32.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	-39.99%	-194.26%	0.17x	1.24x	AU$-2.24 Million
2002	-33.99%	-75.07%	0.37x	1.22x	AU$-3.72 Million
2003	-165.42%	-170.30%	0.76x	1.28x	AU$-6.46 Million
2004	-168.92%	-22154.55%	0.01x	1.32x	AU$-2.58 Million
2005	-5.83%	-473.75%	0.01x	1.28x	AU$-1.03 Million
2006	-6.34%	-181.16%	0.03x	1.28x	AU$-966.08K
2007	1.88%	40.77%	0.04x	1.25x	AU$-662.76K
2008	-5.02%	-6.04%	0.81x	1.03x	AU$-556.81K
2009	-28.44%	-33.33%	0.82x	1.04x	AU$-1.34 Million
2010	-2.15%	-17.67%	0.11x	1.08x	AU$-5.11 Million
2011	-7.53%	-17.50%	0.40x	1.09x	AU$-3.30 Million
2012	-95.97%	-23987.29%	0.00x	1.29x	AU$-9.76 Million
2013	-91.74%	-5628.12%	0.02x	1.01x	AU$-8.35 Million
2014	-10.27%	-327.69%	0.03x	1.01x	AU$-1.59 Million
2015	-8.60%	-1315.78%	0.01x	1.01x	AU$-2.15 Million
2016	-10.65%	-3250.92%	0.00x	1.01x	AU$-2.53 Million
2017	-2.97%	-25.30%	0.11x	1.06x	AU$-2.56 Million
2018	0.29%	0.82%	0.23x	1.53x	AU$-1.57 Million
2019	12.97%	19.93%	0.54x	1.22x	AU$521.80K
2020	49.73%	13006.25%	0.00x	1.39x	AU$8.31 Million
2021	-10.26%	-33.28%	0.08x	4.03x	AU$-3.00 Million
2022	11.27%	4.68%	0.48x	4.98x	AU$274.00K
2023	10.98%	6.38%	0.32x	5.43x	AU$358.20K
2024	-19.35%	-20.44%	0.19x	5.01x	AU$-18.94 Million
2025	-179.21%	-53.22%	0.30x	11.39x	AU$-46.63 Million

Industry Comparison

This section compares Findi Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

Industry: Software - Infrastructure
Average net assets among peers: $15,196,507
Average return on equity (ROE) among peers: -79.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Findi Ltd (FND)	AU$24.64 Million	-39.99%	10.39x	$28.29 Million
Acusensus Ltd (ACE)	$16.76 Million	8.50%	0.56x	$139.68 Million
Adslot Ltd (ADS)	$29.60 Million	-23.80%	0.29x	$4.10 Million
Archtis Ltd (AR9)	$8.59 Million	-45.78%	0.11x	$30.35 Million
Adveritas Ltd (AV1)	$1.66 Million	-547.03%	3.29x	$49.10 Million
Beforepay Group Ltd (B4P)	$26.83 Million	-24.73%	1.43x	$46.86 Million
Decidr Ai Industries Ltd (DAI)	$3.71 Million	-106.80%	0.12x	$107.20 Million
Digitalx Ltd (DCC)	$23.94 Million	-31.69%	0.44x	$28.44 Million
Dropsuite Ltd (DSE)	$24.23 Million	5.98%	0.11x	$295.92 Million
Dataworks Group Ltd (DWG)	$-59.00K	0.00%	0.00x	$10.94 Million
EML Payments Ltd (EML)	$16.71 Million	-32.40%	0.11x	$85.22 Million

About Findi Ltd

AU:FND Australia Software - Infrastructure

Market Cap

$28.29 Million

AU$39.99 Million AUD

Market Cap Rank

#24008 Global

#952 in Australia

Share Price

AU$0.40

Change (1 day)

-6.98%

52-Week Range

AU$0.40 - AU$4.38

All Time High

AU$10.06