Flexiroam Ltd (FRX) - Net Assets

Latest as of June 2025: AU$2.49 Million AUD ≈ $1.76 Million USD

Based on the latest financial reports, Flexiroam Ltd (FRX) has net assets worth AU$2.49 Million AUD (≈ $1.76 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.94 Million ≈ $5.62 Million USD) and total liabilities (AU$5.46 Million ≈ $3.86 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 asset resilience ratio of Flexiroam Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$2.49 Million
% of Total Assets	31.31%
Annual Growth Rate	-15.26%
5-Year Change	N/A
10-Year Change	-90.22%
Growth Volatility	51.73

Flexiroam Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Flexiroam Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Flexiroam Ltd for the complete picture of this company's asset base.

Annual Net Assets for Flexiroam Ltd (2013–2025)

The table below shows the annual net assets of Flexiroam Ltd from 2013 to 2025. For live valuation and market cap data, see FRX company net worth.

Year	Net Assets	Change
2025-06-30	AU$2.49 Million ≈ $1.76 Million	+3180.62%
2024-06-30	AU$-80.75K ≈ $-57.13K	+92.79%
2023-06-30	AU$-1.12 Million ≈ $-792.75K	+43.72%
2022-06-30	AU$-1.99 Million ≈ $-1.41 Million	+41.16%
2021-06-30	AU$-3.38 Million ≈ $-2.39 Million	+33.90%
2020-06-30	AU$-5.12 Million ≈ $-3.62 Million	-67.35%
2019-06-30	AU$-3.06 Million ≈ $-2.16 Million	-121.96%
2018-06-30	AU$13.93 Million ≈ $9.85 Million	-21.77%
2017-06-30	AU$17.80 Million ≈ $12.60 Million	-30.04%
2016-06-30	AU$25.45 Million ≈ $18.00 Million	-24.73%
2015-06-30	AU$33.81 Million ≈ $23.92 Million	+62.38%
2014-12-31	AU$20.82 Million ≈ $14.73 Million	+7.27%
2014-06-30	AU$19.41 Million ≈ $13.73 Million	+7.02%
2013-06-30	AU$18.14 Million ≈ $12.83 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Flexiroam 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 4958045300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$55.34 Million	2224.70%
Other Comprehensive Income	AU$-2.78 Million	-111.70%
Total Equity	AU$2.49 Million	100.00%

Flexiroam Ltd Competitors by Market Cap

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

Company	Market Cap
Indo Acidatama Tbk JK:SRSN	$24.69 Million
Aquarius Engines AM Ltd TA:AQUA	$24.70 Million
Neuroscientific Biopharmaceuticals Ltd AU:NSB	$24.71 Million
Castec Korea Co Ltd KQ:071850	$24.71 Million
DT&C Co. Ltd KQ:187220	$24.68 Million
Beamtree Holdings Ltd AU:BMT	$24.68 Million
Battery Mineral Resources Corp V:BMR	$24.67 Million
MetaLabs Co Ltd KO:090370	$24.66 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from -80,745 to 2,487,445, a change of 2,568,190.
Net loss of 1,997,795 reduced equity.
Share repurchases of 4,227,390 reduced equity.
New share issuances of 4,227,393 increased equity.
Other comprehensive income increased equity by 81,824.
Other factors increased equity by 4,484,158.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-2.00 Million	-80.32%
Share Repurchases	AU$4.23 Million	-169.95%
Share Issuances	AU$4.23 Million	+169.95%
Other Comprehensive Income	AU$81.82K	+3.29%
Other Changes	AU$4.48 Million	+180.27%
Total Change	AU$-	%

Book Value vs Market Value Analysis

This analysis compares Flexiroam 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: 9.92x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 0.11x to 9.92x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-06-30	AU$0.20	AU$0.02	x
2014-06-30	AU$0.22	AU$0.02	x
2015-06-30	AU$0.55	AU$0.02	x
2016-06-30	AU$0.14	AU$0.02	x
2017-06-30	AU$0.07	AU$0.02	x
2018-06-30	AU$0.06	AU$0.02	x
2019-06-30	AU$-0.01	AU$0.02	x
2020-06-30	AU$-0.02	AU$0.02	x
2021-06-30	AU$-0.01	AU$0.02	x
2022-06-30	AU$0.00	AU$0.02	x
2023-06-30	AU$0.00	AU$0.02	x
2024-06-30	AU$0.00	AU$0.02	x
2025-06-30	AU$0.00	AU$0.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Flexiroam 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): -80.32%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -14.71%
• Asset Turnover: 1.71x
• Equity Multiplier: 3.19x
Recent ROE (-80.32%) is below the historical average (-14.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-1.30%	-57.52%	0.02x	1.04x	AU$-2.05 Million
2014	0.78%	7.98%	0.09x	1.08x	AU$-1.79 Million
2015	-13.31%	-94.55%	0.14x	1.00x	AU$-7.88 Million
2016	-22.88%	-74.83%	0.32x	0.97x	AU$-8.68 Million
2017	-28.85%	-252.06%	0.11x	1.04x	AU$-6.92 Million
2018	-41.56%	-194.88%	0.19x	1.14x	AU$-7.18 Million
2019	0.00%	-54.61%	4.82x	0.00x	AU$-2.80 Million
2020	0.00%	-38.57%	5.70x	0.00x	AU$-2.58 Million
2021	0.00%	-94.68%	0.74x	0.00x	AU$-2.05 Million
2022	0.00%	-114.35%	0.78x	0.00x	AU$-4.00 Million
2023	0.00%	108.39%	0.39x	0.00x	AU$3.11 Million
2024	0.00%	-6.94%	2.15x	0.00x	AU$-1.05 Million
2025	-80.32%	-14.71%	1.71x	3.19x	AU$-2.25 Million

Industry Comparison

This section compares Flexiroam Ltd's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $156,564,865
Average return on equity (ROE) among peers: -138.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Flexiroam Ltd (FRX)	AU$2.49 Million	-1.30%	2.19x	$24.68 Million
Pentanet Ltd (5GG)	$26.07 Million	-19.61%	0.13x	$6.74 Million
Aussie Broadband Ltd (ABB)	$59.55 Million	-7.55%	0.96x	$1.10 Billion
Field Solutions Holdings Ltd (FSG)	$37.50 Million	-7.63%	1.29x	$12.04 Million
Hubify Ltd (HFY)	$7.40 Million	-63.82%	0.65x	$5.12 Million
Hutchison Telecommunications (Australia) Ltd (HTA)	$884.36 Million	-44.50%	0.68x	$297.71 Million
Norwood Systems Ltd (NOR)	$-746.91K	0.00%	0.00x	$4.40 Million
Superloop Ltd (SLC)	$394.80 Million	-10.41%	0.36x	$1.24 Billion
Spacetalk Ltd (SPA)	$-148.43K	0.00%	0.00x	$6.60 Million
Spirit Technology Solutions Ltd (ST1)	$312.37K	-1092.31%	0.38x	$74.68 Million

About Flexiroam Ltd

AU:FRX Australia Telecom Services

Market Cap

$24.68 Million

AU$34.88 Million AUD

Market Cap Rank

#24361 Global

#1010 in Australia

Share Price

AU$0.02

Change (1 day)

+0.00%

52-Week Range

AU$0.00 - AU$0.03

All Time High

AU$0.19