Findi Ltd (FND) - Net Assets
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. Also explore FND current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$24.64 Million |
| % of Total Assets | 8.78% |
| Annual Growth Rate | 7.28% |
| 5-Year Change | -33.15% |
| 10-Year Change | 75.3% |
| Growth Volatility | 161.46 |
Findi Ltd - Net Assets Trend (2001–2026)
This chart illustrates how Findi Ltd's net assets have evolved over time, based on quarterly financial data. Check Findi Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Findi Ltd (2001–2026)
The table below shows the annual net assets of Findi Ltd from 2001 to 2026. For live valuation and market cap data, see FND company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | AU$24.64 Million ≈ $17.44 Million |
0.00% |
| 2025-12-31 | AU$24.64 Million ≈ $17.44 Million |
-61.81% |
| 2025-03-31 | AU$64.52 Million ≈ $45.65 Million |
0.00% |
| 2024-12-31 | AU$64.52 Million ≈ $45.65 Million |
+75.03% |
| 2024-03-31 | AU$36.86 Million ≈ $26.08 Million |
0.00% |
| 2023-12-31 | AU$36.86 Million ≈ $26.08 Million |
+73.06% |
| 2023-03-31 | AU$21.30 Million ≈ $15.07 Million |
0.00% |
| 2022-12-31 | AU$21.30 Million ≈ $15.07 Million |
+51.52% |
| 2022-03-31 | AU$14.06 Million ≈ $9.95 Million |
0.00% |
| 2021-12-31 | AU$14.06 Million ≈ $9.95 Million |
-32.81% |
| 2021-03-31 | AU$20.92 Million ≈ $14.80 Million |
0.00% |
| 2020-12-31 | AU$20.92 Million ≈ $14.80 Million |
+19.27% |
| 2020-03-31 | AU$17.54 Million ≈ $12.41 Million |
0.00% |
| 2019-12-31 | AU$17.54 Million ≈ $12.41 Million |
+8.13% |
| 2019-03-31 | AU$16.22 Million ≈ $11.48 Million |
0.00% |
| 2018-12-31 | AU$16.22 Million ≈ $11.48 Million |
-17.92% |
| 2018-03-31 | AU$19.77 Million ≈ $13.99 Million |
0.00% |
| 2017-12-31 | AU$19.77 Million ≈ $13.99 Million |
+61.60% |
| 2017-03-31 | AU$12.23 Million ≈ $8.65 Million |
0.00% |
| 2016-12-31 | AU$12.23 Million ≈ $8.65 Million |
+5.83% |
| 2016-03-31 | AU$11.56 Million ≈ $8.18 Million |
0.00% |
| 2015-12-31 | AU$11.56 Million ≈ $8.18 Million |
+46.88% |
| 2015-03-31 | AU$7.87 Million ≈ $5.57 Million |
0.00% |
| 2014-12-31 | AU$7.87 Million ≈ $5.57 Million |
-4.16% |
| 2014-03-31 | AU$8.21 Million ≈ $5.81 Million |
0.00% |
| 2013-12-31 | AU$8.21 Million ≈ $5.81 Million |
-10.81% |
| 2013-03-31 | AU$9.21 Million ≈ $6.51 Million |
0.00% |
| 2012-12-31 | AU$9.21 Million ≈ $6.51 Million |
-51.15% |
| 2012-03-31 | AU$18.85 Million ≈ $13.33 Million |
0.00% |
| 2011-12-31 | AU$18.85 Million ≈ $13.33 Million |
-54.02% |
| 2011-03-31 | AU$40.99 Million ≈ $29.00 Million |
0.00% |
| 2010-12-31 | AU$40.99 Million ≈ $29.00 Million |
+1071.68% |
| 2010-03-31 | AU$3.50 Million ≈ $2.48 Million |
0.00% |
| 2009-12-31 | AU$3.50 Million ≈ $2.48 Million |
-5.66% |
| 2009-03-31 | AU$3.71 Million ≈ $2.62 Million |
0.00% |
| 2008-12-31 | AU$3.71 Million ≈ $2.62 Million |
-54.58% |
| 2008-03-31 | AU$8.16 Million ≈ $5.78 Million |
0.00% |
| 2007-12-31 | AU$8.16 Million ≈ $5.78 Million |
+38.13% |
| 2007-03-31 | AU$5.91 Million ≈ $4.18 Million |
0.00% |
| 2006-12-31 | AU$5.91 Million ≈ $4.18 Million |
-9.05% |
| 2006-03-31 | AU$6.50 Million ≈ $4.60 Million |
0.00% |
| 2005-12-31 | AU$6.50 Million ≈ $4.60 Million |
+350.46% |
| 2005-03-31 | AU$1.44 Million ≈ $1.02 Million |
0.00% |
| 2004-12-31 | AU$1.44 Million ≈ $1.02 Million |
-60.84% |
| 2004-03-31 | AU$3.68 Million ≈ $2.61 Million |
0.00% |
| 2003-12-31 | AU$3.68 Million ≈ $2.61 Million |
-56.40% |
| 2003-03-31 | AU$8.45 Million ≈ $5.98 Million |
0.00% |
| 2002-12-31 | AU$8.45 Million ≈ $5.98 Million |
+88.26% |
| 2002-03-31 | AU$4.49 Million ≈ $3.18 Million |
0.00% |
| 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 (March 2026)
| 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 |
|---|---|
|
Pelat Timah Nusantara Tbk
JK:NIKL
|
$28.68 Million |
|
Quantum Cyber N.V.
NASDAQ:QUCY
|
$28.69 Million |
|
Desert Gold Ventures Inc
V:DAU
|
$28.70 Million |
|
IL&FS Investment Managers Limited
NSE:IVC
|
$28.70 Million |
|
RMG Acquisition Corp. III
NASDAQ:RMGCF
|
$28.63 Million |
|
Texxon Holding Ltd.
NASDAQ:NPT
|
$28.62 Million |
|
Goldenstone Acquisition Ltd
NASDAQ:GDST
|
$28.62 Million |
|
ATA Creativity Global
NASDAQ:AACG
|
$28.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Findi Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 24,643,000 to 24,643,000, a change of 0 (0.0%).
- Net loss of 44,162,000 reduced equity.
- Other factors increased equity by 44,162,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-44.16 Million | -179.21% |
| Other Changes | AU$44.16 Million | +179.21% |
| Total Change | AU$- | 0.00% |
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: 0.92x
- 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 0.92x 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$0.41 | x |
| 2002-03-31 | AU$19.37 | AU$0.41 | x |
| 2002-12-31 | AU$22.93 | AU$0.41 | x |
| 2003-03-31 | AU$22.93 | AU$0.41 | x |
| 2003-12-31 | AU$6.56 | AU$0.41 | x |
| 2004-03-31 | AU$6.56 | AU$0.41 | x |
| 2004-12-31 | AU$2.97 | AU$0.41 | x |
| 2005-03-31 | AU$2.97 | AU$0.41 | x |
| 2005-12-31 | AU$11.89 | AU$0.41 | x |
| 2006-03-31 | AU$11.89 | AU$0.41 | x |
| 2006-12-31 | AU$9.29 | AU$0.41 | x |
| 2007-03-31 | AU$9.29 | AU$0.41 | x |
| 2007-12-31 | AU$11.92 | AU$0.41 | x |
| 2008-03-31 | AU$11.92 | AU$0.41 | x |
| 2008-12-31 | AU$5.83 | AU$0.41 | x |
| 2009-03-31 | AU$5.83 | AU$0.41 | x |
| 2009-12-31 | AU$4.88 | AU$0.41 | x |
| 2010-03-31 | AU$4.88 | AU$0.41 | x |
| 2010-12-31 | AU$12.12 | AU$0.41 | x |
| 2011-03-31 | AU$12.12 | AU$0.41 | x |
| 2011-12-31 | AU$4.13 | AU$0.41 | x |
| 2012-03-31 | AU$4.13 | AU$0.41 | x |
| 2012-12-31 | AU$2.07 | AU$0.41 | x |
| 2013-03-31 | AU$2.07 | AU$0.41 | x |
| 2013-12-31 | AU$1.85 | AU$0.41 | x |
| 2014-03-31 | AU$1.85 | AU$0.41 | x |
| 2014-12-31 | AU$1.77 | AU$0.41 | x |
| 2015-03-31 | AU$1.77 | AU$0.41 | x |
| 2015-12-31 | AU$2.57 | AU$0.41 | x |
| 2016-03-31 | AU$2.57 | AU$0.41 | x |
| 2016-12-31 | AU$2.57 | AU$0.41 | x |
| 2017-03-31 | AU$2.57 | AU$0.41 | x |
| 2017-12-31 | AU$3.78 | AU$0.41 | x |
| 2018-03-31 | AU$3.78 | AU$0.41 | x |
| 2018-12-31 | AU$2.90 | AU$0.41 | x |
| 2019-03-31 | AU$2.90 | AU$0.41 | x |
| 2019-12-31 | AU$2.72 | AU$0.41 | x |
| 2020-03-31 | AU$2.72 | AU$0.41 | x |
| 2020-12-31 | AU$3.23 | AU$0.41 | x |
| 2021-03-31 | AU$3.23 | AU$0.41 | x |
| 2021-12-31 | AU$0.48 | AU$0.41 | x |
| 2022-03-31 | AU$0.48 | AU$0.41 | x |
| 2022-12-31 | AU$0.59 | AU$0.41 | x |
| 2023-03-31 | AU$0.59 | AU$0.41 | x |
| 2023-12-31 | AU$0.86 | AU$0.41 | x |
| 2024-03-31 | AU$0.86 | AU$0.41 | x |
| 2024-12-31 | AU$1.32 | AU$0.41 | x |
| 2025-03-31 | AU$1.32 | AU$0.41 | x |
| 2025-12-31 | AU$0.44 | AU$0.41 | x |
| 2026-03-31 | AU$0.44 | AU$0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Findi Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -179.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.22%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 11.39x
- Recent ROE (-179.21%) is below the historical average (-32.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -39.99% | -194.26% | 0.17x | 1.24x | AU$-2.24 Million |
| 2002 | -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 | -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 | -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 | -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 | -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 | -6.34% | -181.16% | 0.03x | 1.28x | AU$-966.08K |
| 2007 | 1.88% | 40.77% | 0.04x | 1.25x | AU$-662.76K |
| 2008 | 1.88% | 40.77% | 0.04x | 1.25x | AU$-662.76K |
| 2008 | -5.02% | -6.04% | 0.81x | 1.03x | AU$-556.81K |
| 2009 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | 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 | 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 | 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 | -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 | 11.27% | 4.68% | 0.48x | 4.98x | AU$274.00K |
| 2023 | 10.98% | 6.38% | 0.32x | 5.43x | AU$358.20K |
| 2024 | 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 | -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 |
| 2026 | -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: $11,322,871
- Average return on equity (ROE) among peers: -97.15%
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 | $28.65 Million |
| Acusensus Ltd (ACE) | $35.92 Million | -4.24% | 0.36x | $119.86 Million |
| Adslot Ltd (ADS) | $31.62 Million | -25.74% | 0.14x | $4.10 Million |
| Archtis Ltd (AR9) | $903.27K | -125.35% | 2.29x | $18.14 Million |
| Adveritas Ltd (AV1) | $8.20 Million | 5.09% | 0.47x | $52.37 Million |
| Beforepay Group Ltd (B4P) | $1.47 Million | -101.17% | 0.11x | $53.56 Million |
| Decidr Ai Industries Ltd (DAI) | $3.71 Million | -106.80% | 0.12x | $76.73 Million |
| Digitalx Ltd (DCC) | $2.23 Million | -204.90% | 0.53x | $28.44 Million |
| Dropsuite Ltd (DSE) | $12.74 Million | 2.14% | 0.04x | $295.92 Million |
| Dataworks Group Ltd (DWG) | $2.77 Million | -371.31% | 1.43x | $11.30 Million |
| EML Payments Ltd (EML) | $13.65 Million | -39.25% | 0.10x | $88.00 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