Findi Ltd (FND) - Net Assets
Based on the latest financial reports, Findi Ltd (FND) has net assets worth AU$42.62 Million AUD (≈ $30.15 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$300.32 Million ≈ $212.50 Million USD) and total liabilities (AU$257.71 Million ≈ $182.34 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 FND asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$42.62 Million |
| % of Total Assets | 14.19% |
| Annual Growth Rate | 12.29% |
| 5-Year Change | 208.4% |
| 10-Year Change | 458.3% |
| Growth Volatility | 229.89 |
Findi Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Findi Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Findi Ltd for the complete picture of this company's asset base.
Annual Net Assets for Findi Ltd (2001–2024)
The table below shows the annual net assets of Findi Ltd from 2001 to 2024. For live valuation and market cap data, see Findi Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 2377000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$92.14 Million | 142.80% |
| Other Comprehensive Income | AU$-8.00K | -0.01% |
| Total Equity | AU$64.52 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 |
|---|---|
|
SRG HOUSING FINANCE ORD (BSE)
NSE:SRGHFL
|
$48.00 Million |
|
Korea Refract
KO:010040
|
$48.01 Million |
|
Virgin Group Acquisition Corp II
NYSE:GROV
|
$48.01 Million |
|
Cufe Ltd
AU:CUF
|
$48.01 Million |
|
IT City Public Company Limited
BK:IT
|
$47.97 Million |
|
GenMont Biotech Inc
TW:3164
|
$47.96 Million |
|
Energia Latina SA
SN:ENLASA
|
$47.96 Million |
|
NOMADAR Corp. Class A Common Stock
NASDAQ:NOMA
|
$47.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Findi Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,518,000 to 64,524,000, a change of 28,006,000 (76.7%).
- Net loss of 12,483,000 reduced equity.
- Share repurchases of 39,488,000 reduced equity.
- New share issuances of 39,488,000 increased equity.
- Other comprehensive income decreased equity by 981,000.
- Other factors increased equity by 41,470,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-12.48 Million | -19.35% |
| Share Repurchases | AU$39.49 Million | -61.2% |
| Share Issuances | AU$39.49 Million | +61.2% |
| Other Comprehensive Income | AU$-981.00K | -1.52% |
| Other Changes | AU$41.47 Million | +64.27% |
| Total Change | AU$- | 76.69% |
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: 0.66x
- 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 0.04x to 0.66x 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$0.87 | x |
| 2002-12-31 | AU$22.93 | AU$0.87 | x |
| 2003-12-31 | AU$6.56 | AU$0.87 | x |
| 2004-12-31 | AU$2.97 | AU$0.87 | x |
| 2005-12-31 | AU$11.89 | AU$0.87 | x |
| 2006-12-31 | AU$9.29 | AU$0.87 | x |
| 2007-12-31 | AU$11.92 | AU$0.87 | x |
| 2008-12-31 | AU$5.83 | AU$0.87 | x |
| 2009-12-31 | AU$4.88 | AU$0.87 | x |
| 2010-12-31 | AU$12.12 | AU$0.87 | x |
| 2011-12-31 | AU$4.13 | AU$0.87 | x |
| 2012-12-31 | AU$2.07 | AU$0.87 | x |
| 2013-12-31 | AU$1.85 | AU$0.87 | x |
| 2014-12-31 | AU$1.77 | AU$0.87 | x |
| 2015-12-31 | AU$2.57 | AU$0.87 | x |
| 2016-12-31 | AU$2.57 | AU$0.87 | x |
| 2017-12-31 | AU$3.78 | AU$0.87 | x |
| 2018-12-31 | AU$2.90 | AU$0.87 | x |
| 2019-12-31 | AU$2.72 | AU$0.87 | x |
| 2020-12-31 | AU$3.23 | AU$0.87 | x |
| 2021-12-31 | AU$0.48 | AU$0.87 | x |
| 2022-12-31 | AU$0.59 | AU$0.87 | x |
| 2023-12-31 | AU$0.86 | AU$0.87 | x |
| 2024-12-31 | AU$1.32 | AU$0.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Findi Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.44%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 5.01x
- Recent ROE (-19.35%) is above the historical average (-26.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -39.99% | -194.26% | 0.17x | 1.24x | AU$-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 |
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: $84,486,959
- Average return on equity (ROE) among peers: -52.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Findi Ltd (FND) | AU$42.62 Million | -39.99% | 6.05x | $47.97 Million |
| Acusensus Ltd (ACE) | $35.92 Million | -4.24% | 0.36x | $181.46 Million |
| Adslot Ltd (ADS) | $-872.64K | 0.00% | 0.00x | $4.10 Million |
| Archtis Ltd (AR9) | $19.65 Million | -15.23% | 0.54x | $21.63 Million |
| Adveritas Ltd (AV1) | $-385.17K | 0.00% | 0.00x | $58.91 Million |
| Beforepay Group Ltd (B4P) | $30.53 Million | 12.65% | 1.41x | $49.33 Million |
| Decidr Ai Industries Ltd (DAI) | $2.64 Million | -489.38% | 0.74x | $132.36 Million |
| Digitalx Ltd (DCC) | $23.94 Million | -31.69% | 0.44x | $34.76 Million |
| Dropsuite Ltd (DSE) | $8.51 Million | -8.72% | 0.14x | $295.92 Million |
| Dataworks Group Ltd (DWG) | $-59.00K | 0.00% | 0.00x | $8.75 Million |
| EML Payments Ltd (EML) | $725.00 Million | 7.62% | 1.12x | $115.46 Million |
About Findi Ltd
Findi Limited, through its subsidiaries, engages in the development of digital payment systems in India. The company offers end-to-end transaction processing and managed services. It also provides payments and digital banking solutions through its network of merchants facilitating banking and insurance services, utility payments, money transfers, e-commerce, and train and airline tickets payments… Read more