Ignite Ltd

AU:IGN Australia Staffing & Employment Services
Market Cap
$6.55 Million
AU$10.59 Million AUD
Market Cap Rank
#34599 Global
#1262 in Australia
Share Price
AU$0.64
Change (1 day)
+0.00%
52-Week Range
AU$0.64 - AU$1.65
All Time High
AU$2.30
Categories
Companies in Australia Staffing & Employment Services
About

Ignite Limited, together with its subsidiaries, engages in the specialist recruitment and technology solutions in Australia and New Zealand. The company offers contingent labour and permanent placement services, as well as permanent, government, contract, and temporary recruitment services. It also provides IT & digital, cybersecurity, business support, engineering, library roles, project managem… Read more

Ignite Ltd (IGN) - Net Assets

Latest net assets as of June 2025: AU$8.50 Million AUD

Based on the latest financial reports, Ignite Ltd (IGN) has net assets worth AU$8.50 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$13.39 Million) and total liabilities (AU$4.89 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$8.50 Million
% of Total Assets 63.46%
Annual Growth Rate 0.6%
5-Year Change 59.47%
10-Year Change -58.72%
Growth Volatility 40.94

Ignite Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Ignite 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 Ignite Ltd (1997–2025)

The table below shows the annual net assets of Ignite Ltd from 1997 to 2025.

Year Net Assets Change
2025-06-30 AU$8.50 Million +10.91%
2024-06-30 AU$7.66 Million +119.85%
2023-06-30 AU$3.49 Million -30.45%
2022-06-30 AU$5.01 Million -5.97%
2021-06-30 AU$5.33 Million +82.78%
2020-06-30 AU$2.92 Million -67.13%
2019-06-30 AU$8.87 Million -36.97%
2018-06-30 AU$14.07 Million -15.16%
2017-06-30 AU$16.59 Million -19.43%
2016-06-30 AU$20.59 Million -16.07%
2015-06-30 AU$24.53 Million -30.87%
2014-06-30 AU$35.49 Million -4.03%
2013-06-30 AU$36.98 Million -53.06%
2012-06-30 AU$78.78 Million -12.74%
2011-06-30 AU$90.28 Million -13.23%
2010-06-30 AU$104.05 Million +21.12%
2009-06-30 AU$85.91 Million -7.56%
2008-06-30 AU$92.94 Million +9.88%
2007-06-30 AU$84.58 Million +17.97%
2006-06-30 AU$71.70 Million +23.31%
2005-06-30 AU$58.15 Million +25.30%
2004-06-30 AU$46.40 Million +8.62%
2003-06-30 AU$42.72 Million +7.56%
2002-06-30 AU$39.72 Million +11.37%
2001-06-30 AU$35.66 Million +8.98%
2000-06-30 AU$32.73 Million +54.22%
1999-06-30 AU$21.22 Million +69.99%
1998-06-30 AU$12.48 Million +73.64%
1997-06-30 AU$7.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ignite 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 3816.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$37.16 Million 437.18%
Other Comprehensive Income AU$1.24 Million 14.53%
Total Equity AU$8.50 Million 100.00%

Ignite Ltd Competitors by Market Cap

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

Company Market Cap
Millennium Group International Holdings Limited Ordinary Shares
NASDAQ:MGIH
 		$1.77 Million
WABTEC
BE:WB2
 		$1.78 Million
XTAAF
OTCGREY:XTAAF
 		$1.78 Million
Beyond Minerals Inc
PINK:BYDMF
 		$1.78 Million
Wellnex Life Ltd
AU:WNX
 		$1.77 Million
Caspar
WAR:CSR
 		$1.77 Million
Syntholene Energy Corp.
V:ESAF
 		$1.77 Million
Mercanto Holdings Inc.
PINK:TGSHF
 		$1.77 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 7,664,000 to 8,500,000, a change of 836,000 (10.9%).
  • Net income of 1,235,000 contributed positively to equity growth.
  • Dividend payments of 572,000 reduced retained earnings.
  • Share repurchases of 109,000 reduced equity.
  • New share issuances of 109,000 increased equity.
  • Other comprehensive income increased equity by 727,000.
  • Other factors decreased equity by 554,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$1.24 Million +14.53%
Dividends Paid AU$572.00K -6.73%
Share Repurchases AU$109.00K -1.28%
Share Issuances AU$109.00K +1.28%
Other Comprehensive Income AU$727.00K +8.55%
Other Changes AU$-554.00K -6.52%
Total Change AU$- 10.91%

Book Value vs Market Value Analysis

This analysis compares Ignite 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: 1.28x
  • 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 2.31x to 1.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-06-30 AU$0.28 AU$0.64 x
1998-06-30 AU$0.42 AU$0.64 x
1999-06-30 AU$0.67 AU$0.64 x
2000-06-30 AU$0.93 AU$0.64 x
2001-06-30 AU$0.95 AU$0.64 x
2002-06-30 AU$1.03 AU$0.64 x
2003-06-30 AU$1.05 AU$0.64 x
2004-06-30 AU$1.03 AU$0.64 x
2005-06-30 AU$1.20 AU$0.64 x
2006-06-30 AU$1.31 AU$0.64 x
2007-06-30 AU$1.43 AU$0.64 x
2008-06-30 AU$1.32 AU$0.64 x
2009-06-30 AU$1.38 AU$0.64 x
2010-06-30 AU$1.13 AU$0.64 x
2011-06-30 AU$0.98 AU$0.64 x
2012-06-30 AU$0.78 AU$0.64 x
2013-06-30 AU$0.41 AU$0.64 x
2014-06-30 AU$0.35 AU$0.64 x
2015-06-30 AU$0.27 AU$0.64 x
2016-06-30 AU$0.23 AU$0.64 x
2017-06-30 AU$0.19 AU$0.64 x
2018-06-30 AU$0.16 AU$0.64 x
2019-06-30 AU$0.09 AU$0.64 x
2020-06-30 AU$0.03 AU$0.64 x
2021-06-30 AU$0.05 AU$0.64 x
2022-06-30 AU$0.05 AU$0.64 x
2023-06-30 AU$0.03 AU$0.64 x
2024-06-30 AU$0.58 AU$0.64 x
2025-06-30 AU$0.50 AU$0.64 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ignite 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): 14.53%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.37%
  • • Asset Turnover: 6.73x
  • • Equity Multiplier: 1.58x
  • Recent ROE (14.53%) is above the historical average (-11.30%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 34.55% 4.28% 3.34x 2.41x AU$1.77 Million
1998 26.22% 0.00% 0.00x 2.49x AU$2.02 Million
1999 20.57% 0.00% 0.00x 2.09x AU$2.24 Million
2000 15.90% 2.55% 3.48x 1.79x AU$1.93 Million
2001 10.00% 1.66% 3.17x 1.90x AU$-1.50K
2002 7.62% 1.71% 2.80x 1.59x AU$-946.90K
2003 8.27% 2.18% 2.72x 1.40x AU$-740.10K
2004 9.81% 2.54% 2.44x 1.58x AU$-88.40K
2005 12.30% 3.08% 2.75x 1.45x AU$1.34 Million
2006 16.47% 4.37% 2.34x 1.61x AU$4.64 Million
2007 16.02% 4.56% 2.45x 1.43x AU$5.09 Million
2008 12.19% 3.53% 2.15x 1.60x AU$2.04 Million
2009 -9.69% -2.84% 2.35x 1.45x AU$-16.91 Million
2010 2.90% 1.13% 2.06x 1.24x AU$-7.39 Million
2011 -11.42% -3.86% 2.31x 1.28x AU$-19.34 Million
2012 -11.99% -3.45% 2.53x 1.37x AU$-17.32 Million
2013 -114.15% -18.74% 3.88x 1.57x AU$-45.91 Million
2014 -4.73% -0.93% 3.03x 1.67x AU$-5.23 Million
2015 -46.17% -6.33% 3.80x 1.92x AU$-13.78 Million
2016 -18.77% -2.09% 4.30x 2.08x AU$-5.92 Million
2017 -22.45% -2.43% 4.38x 2.11x AU$-5.38 Million
2018 -18.23% -1.80% 5.09x 1.99x AU$-3.97 Million
2019 -65.51% -3.80% 6.24x 2.76x AU$-6.70 Million
2020 -215.09% -4.98% 9.10x 4.75x AU$-6.56 Million
2021 45.31% 2.12% 8.57x 2.49x AU$1.88 Million
2022 -5.69% -0.25% 8.12x 2.81x AU$-786.20K
2023 -44.43% -1.45% 9.00x 3.40x AU$-1.90 Million
2024 8.04% 0.64% 7.39x 1.71x AU$-150.40K
2025 14.53% 1.37% 6.73x 1.58x AU$385.00K

Industry Comparison

This section compares Ignite Ltd's net assets metrics with peer companies in the Staffing & Employment Services industry.

Industry Context

  • Industry: Staffing & Employment Services
  • Average net assets among peers: $72,981,709
  • Average return on equity (ROE) among peers: -31.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ignite Ltd (IGN) AU$8.50 Million 34.55% 0.58x $1.77 Million
Ashley Services Group Ltd (ASH) $335.04 Million 3.46% 0.80x $6.04 Million
GO2 People Ltd (GO2) $1.35 Million -156.69% 8.18x $734.82K
Hitech Group Australia Ltd (HIT) $6.32 Million 57.56% 0.76x $8.14 Million
Hiremii Ltd (HMI) $1.24 Million -124.01% 3.77x $994.30K
Mcmillan Shakespeare Ltd (MMS) $57.40 Million 35.75% 0.30x $491.30 Million
Peoplein Ltd (PPE) $36.53 Million -5.74% 0.73x $38.45 Million