FSA Group Ltd
FSA Group Limited, together with its subsidiaries, provides payment arrangement and direct lending services to individuals and businesses in Australia. It operates in Home Loan and Assets Finance, Personal Loan, and Other segments. The company offers debt agreements and informal arrangements, personal insolvency agreement, and bankruptcy services. It also provides home loans, car loans, unsecured… Read more
FSA Group Ltd (FSA) - Net Assets
Latest net assets as of December 2025: AU$105.85 Million AUD
Based on the latest financial reports, FSA Group Ltd (FSA) has net assets worth AU$105.85 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.06 Billion) and total liabilities (AU$949.95 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$105.85 Million |
| % of Total Assets | 10.03% |
| Annual Growth Rate | 11.08% |
| 5-Year Change | 32.64% |
| 10-Year Change | 30.73% |
| Growth Volatility | 43.56 |
FSA Group Ltd - Net Assets Trend (2000–2025)
This chart illustrates how FSA Group 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 FSA Group Ltd (2000–2025)
The table below shows the annual net assets of FSA Group Ltd from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$100.35 Million | +0.07% |
| 2024-06-30 | AU$100.28 Million | -1.01% |
| 2023-06-30 | AU$101.30 Million | +5.44% |
| 2022-06-30 | AU$96.08 Million | +27.00% |
| 2021-06-30 | AU$75.65 Million | +20.36% |
| 2020-06-30 | AU$62.86 Million | +16.16% |
| 2019-06-30 | AU$54.11 Million | +15.65% |
| 2018-06-30 | AU$46.79 Million | -43.81% |
| 2017-06-30 | AU$83.26 Million | +8.48% |
| 2016-06-30 | AU$76.76 Million | +7.55% |
| 2015-06-30 | AU$71.37 Million | +9.88% |
| 2014-06-30 | AU$64.95 Million | +10.54% |
| 2013-06-30 | AU$58.76 Million | +2.14% |
| 2012-06-30 | AU$57.53 Million | +5.44% |
| 2011-06-30 | AU$54.56 Million | +21.93% |
| 2010-06-30 | AU$44.75 Million | +39.54% |
| 2009-06-30 | AU$32.07 Million | +42.13% |
| 2008-06-30 | AU$22.56 Million | +21.00% |
| 2007-06-30 | AU$18.65 Million | +56.35% |
| 2006-06-30 | AU$11.93 Million | +159.77% |
| 2005-06-30 | AU$4.59 Million | +46.25% |
| 2004-06-30 | AU$3.14 Million | +63.21% |
| 2003-06-30 | AU$1.92 Million | +80.47% |
| 2002-06-30 | AU$1.07 Million | -66.54% |
| 2001-06-30 | AU$3.19 Million | -56.08% |
| 2000-06-30 | AU$7.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FSA Group 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 grown by 7564175900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$75.64 Million | 86.63% |
| Common Stock | AU$5.93 Million | 6.80% |
| Other Comprehensive Income | AU$5.74 Million | 6.57% |
| Total Equity | AU$87.31 Million | 100.00% |
FSA Group Ltd Competitors by Market Cap
The table below lists competitors of FSA Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wheels Up Experience Inc
NYSE:UP
|
$26.39 Million |
|
Benfica
LS:SLBEN
|
$26.41 Million |
|
Mohenz.Co.Ltd
KQ:006920
|
$26.41 Million |
|
Acarix AB (publ)
OTCQB:ACIXF
|
$26.42 Million |
|
INmune Bio Inc
NASDAQ:INMB
|
$26.38 Million |
|
Nature and Environment Co. Ltd
KQ:043910
|
$26.37 Million |
|
Hapaco Group JSC
VN:HAP
|
$26.37 Million |
|
Ksolves India Limited
NSE:KSOLVES
|
$26.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FSA Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 87,104,771 to 87,312,398, a change of 207,627 (0.2%).
- Net income of 10,519,990 contributed positively to equity growth.
- Dividend payments of 9,209,395 reduced retained earnings.
- Other comprehensive income decreased equity by 3,206,358.
- Other factors increased equity by 2,103,390.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$10.52 Million | +12.05% |
| Dividends Paid | AU$9.21 Million | -10.55% |
| Other Comprehensive Income | AU$-3.21 Million | -3.67% |
| Other Changes | AU$2.10 Million | +2.41% |
| Total Change | AU$- | 0.24% |
Book Value vs Market Value Analysis
This analysis compares FSA Group 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: 1.65x
- 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 4.84x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | AU$0.25 | AU$1.19 | x |
| 2001-06-30 | AU$0.15 | AU$1.19 | x |
| 2002-06-30 | AU$0.04 | AU$1.19 | x |
| 2003-06-30 | AU$0.02 | AU$1.19 | x |
| 2004-06-30 | AU$0.04 | AU$1.19 | x |
| 2005-06-30 | AU$0.05 | AU$1.19 | x |
| 2006-06-30 | AU$0.13 | AU$1.19 | x |
| 2007-06-30 | AU$0.16 | AU$1.19 | x |
| 2008-06-30 | AU$0.18 | AU$1.19 | x |
| 2009-06-30 | AU$0.25 | AU$1.19 | x |
| 2010-06-30 | AU$0.33 | AU$1.19 | x |
| 2011-06-30 | AU$0.37 | AU$1.19 | x |
| 2012-06-30 | AU$0.40 | AU$1.19 | x |
| 2013-06-30 | AU$0.45 | AU$1.19 | x |
| 2014-06-30 | AU$0.50 | AU$1.19 | x |
| 2015-06-30 | AU$0.55 | AU$1.19 | x |
| 2016-06-30 | AU$0.60 | AU$1.19 | x |
| 2017-06-30 | AU$0.65 | AU$1.19 | x |
| 2018-06-30 | AU$0.35 | AU$1.19 | x |
| 2019-06-30 | AU$0.41 | AU$1.19 | x |
| 2020-06-30 | AU$0.48 | AU$1.19 | x |
| 2021-06-30 | AU$0.58 | AU$1.19 | x |
| 2022-06-30 | AU$0.67 | AU$1.19 | x |
| 2023-06-30 | AU$0.72 | AU$1.19 | x |
| 2024-06-30 | AU$0.72 | AU$1.19 | x |
| 2025-06-30 | AU$0.72 | AU$1.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FSA Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5542.90%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 11.24x
- Recent ROE (12.05%) is above the historical average (3.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -3.68% | 0.00% | 0.00x | 1.10x | AU$-992.30K |
| 2001 | -117.06% | -270.61% | 0.36x | 1.19x | AU$-4.05 Million |
| 2002 | -198.91% | -250.00% | 0.36x | 2.22x | AU$-2.23 Million |
| 2003 | -86.72% | -15.23% | 1.45x | 3.93x | AU$-1.86 Million |
| 2004 | 38.38% | 8.82% | 1.25x | 3.47x | AU$891.06K |
| 2005 | 28.36% | 9.35% | 1.18x | 2.57x | AU$842.86K |
| 2006 | 21.83% | 11.89% | 0.95x | 1.94x | AU$1.38 Million |
| 2007 | 35.56% | 19.48% | 0.93x | 1.96x | AU$4.69 Million |
| 2008 | 12.49% | 8.85% | 0.21x | 6.75x | AU$533.83K |
| 2009 | 28.96% | 22.29% | 0.19x | 6.99x | AU$5.79 Million |
| 2010 | 17.64% | 12.39% | 0.22x | 6.49x | AU$3.26 Million |
| 2011 | 17.39% | 22.25% | 0.13x | 6.11x | AU$3.82 Million |
| 2012 | 15.53% | 15.79% | 0.16x | 6.25x | AU$3.04 Million |
| 2013 | 19.12% | 16.70% | 0.19x | 5.94x | AU$5.13 Million |
| 2014 | 21.53% | 20.59% | 0.19x | 5.41x | AU$7.22 Million |
| 2015 | 21.24% | 23.57% | 0.17x | 5.34x | AU$7.77 Million |
| 2016 | 14.30% | 17.85% | 0.16x | 5.05x | AU$3.21 Million |
| 2017 | 18.69% | 20.98% | 0.17x | 5.39x | AU$7.03 Million |
| 2018 | 36.59% | 24.28% | 0.15x | 10.20x | AU$11.71 Million |
| 2019 | 28.28% | 20.85% | 0.14x | 9.59x | AU$9.32 Million |
| 2020 | 27.46% | 19.77% | 0.15x | 9.21x | AU$10.37 Million |
| 2021 | 27.91% | 28.08% | 0.14x | 7.32x | AU$12.90 Million |
| 2022 | 20.41% | 24.51% | 0.11x | 7.43x | AU$8.78 Million |
| 2023 | 14.77% | 15.50% | 0.12x | 8.19x | AU$4.19 Million |
| 2024 | 8.43% | 7.30% | 0.12x | 9.96x | AU$-1.36 Million |
| 2025 | 12.05% | 5542.90% | 0.00x | 11.24x | AU$1.79 Million |
Industry Comparison
This section compares FSA Group Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $366,327,785
- Average return on equity (ROE) among peers: -11.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FSA Group Ltd (FSA) | AU$105.85 Million | -3.68% | 8.97x | $26.38 Million |
| Butn Ltd (BTN) | $8.11 Million | -152.13% | 10.26x | $3.14 Million |
| Earlypay Ltd (EPY) | $73.48 Million | -10.54% | 3.90x | $16.78 Million |
| Harmoney Corp Ltd (HMY) | $37.13 Million | 14.86% | 24.46x | $21.78 Million |
| Humm Group Ltd (HUM) | $364.58 Million | 18.06% | 2.99x | $98.09 Million |
| Lawfinance Ltd (LAW) | $9.11 Million | 3.15% | 0.11x | $121.26K |
| Liberty Financial Group (LFG) | $1.19 Billion | 11.23% | 12.61x | $129.94 Million |
| Latitude Group Holdings Ltd (LFS) | $1.57 Billion | 10.28% | 4.12x | $305.96 Million |
| Moneyme Ltd (MME) | $46.85 Million | 2.77% | 2.56x | $23.29 Million |
| Propell Holdings Ltd (PHL) | $-845.24K | 0.00% | 0.00x | $494.63K |