Serko Ltd
Serko Limited provides online travel booking and expense management services in New Zealand, Australia, the United States, Europe, and internationally. The company offers Zeno, a corporate travel and expense management platform that allow travelers to book and manage trips and expenses; Booking.com, a business travel platform that helps companies to book and manage work trips; and GetThere that e… Read more
Serko Ltd (SKO) - Net Assets
Latest net assets as of September 2025: AU$91.49 Million AUD
Based on the latest financial reports, Serko Ltd (SKO) has net assets worth AU$91.49 Million AUD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$122.44 Million) and total liabilities (AU$30.95 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$91.49 Million |
| % of Total Assets | 74.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.53% |
| 10-Year Change | 926.8% |
| Growth Volatility | 74.66 |
Serko Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Serko 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 Serko Ltd (2013–2025)
The table below shows the annual net assets of Serko Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | AU$99.94 Million | -13.64% |
| 2024-03-31 | AU$115.73 Million | -8.10% |
| 2023-03-31 | AU$125.93 Million | -16.54% |
| 2022-03-31 | AU$150.88 Million | +47.16% |
| 2021-03-31 | AU$102.53 Million | +60.74% |
| 2020-03-31 | AU$63.78 Million | +143.13% |
| 2019-03-31 | AU$26.23 Million | +214.42% |
| 2018-03-31 | AU$8.34 Million | +32.95% |
| 2017-03-31 | AU$6.28 Million | -35.52% |
| 2016-03-31 | AU$9.73 Million | +23.04% |
| 2015-03-31 | AU$7.91 Million | +331.45% |
| 2014-03-31 | AU$-3.42 Million | -105.19% |
| 2013-03-31 | AU$-1.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Serko 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 15791847700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$249.67 Million | 249.83% |
| Other Comprehensive Income | AU$10.09 Million | 10.10% |
| Total Equity | AU$99.94 Million | 100.00% |
Serko Ltd Competitors by Market Cap
The table below lists competitors of Serko Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suwen Tekstil Sanayi Pazarlama AS
IS:SUWEN
|
$74.10 Million |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
$74.12 Million |
|
Vigo System SA
WAR:VGO
|
$74.15 Million |
|
Bank of the James Financial Group
NASDAQ:BOTJ
|
$74.16 Million |
|
Lifeway Foods Inc
NASDAQ:LWAY
|
$74.04 Million |
|
Maithan Alloys Limited
NSE:MAITHANALL
|
$74.03 Million |
|
Ibervalles SOCIMI S.A.
MC:YIBV
|
$74.02 Million |
|
Ayes Celik Hasir ve Cit Sanayi AS
IS:AYES
|
$74.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Serko Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 115,726,000 to 99,938,000, a change of -15,788,000 (-13.6%).
- Net loss of 21,962,000 reduced equity.
- Other comprehensive income increased equity by 1,046,000.
- Other factors increased equity by 5,128,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-21.96 Million | -21.98% |
| Other Comprehensive Income | AU$1.05 Million | +1.05% |
| Other Changes | AU$5.13 Million | +5.13% |
| Total Change | AU$- | -13.64% |
Book Value vs Market Value Analysis
This analysis compares Serko 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: 1.97x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | AU$-0.04 | AU$1.62 | x |
| 2014-03-31 | AU$-0.08 | AU$1.62 | x |
| 2015-03-31 | AU$0.13 | AU$1.62 | x |
| 2016-03-31 | AU$0.15 | AU$1.62 | x |
| 2017-03-31 | AU$0.09 | AU$1.62 | x |
| 2018-03-31 | AU$0.11 | AU$1.62 | x |
| 2019-03-31 | AU$0.34 | AU$1.62 | x |
| 2020-03-31 | AU$0.76 | AU$1.62 | x |
| 2021-03-31 | AU$1.05 | AU$1.62 | x |
| 2022-03-31 | AU$1.36 | AU$1.62 | x |
| 2023-03-31 | AU$1.06 | AU$1.62 | x |
| 2024-03-31 | AU$0.95 | AU$1.62 | x |
| 2025-03-31 | AU$0.82 | AU$1.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Serko Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -21.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.82%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.26x
- Recent ROE (-21.98%) is above the historical average (-23.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -7.13% | 2.49x | 0.00x | AU$-176.35K |
| 2014 | 0.00% | -26.06% | 1.74x | 0.00x | AU$-1.40 Million |
| 2015 | -82.77% | -63.19% | 1.01x | 1.30x | AU$-7.34 Million |
| 2016 | -64.05% | -47.51% | 1.00x | 1.35x | AU$-7.21 Million |
| 2017 | -54.97% | -24.16% | 1.40x | 1.63x | AU$-4.08 Million |
| 2018 | 21.96% | 10.02% | 1.53x | 1.43x | AU$997.60K |
| 2019 | 6.22% | 6.99% | 0.70x | 1.27x | AU$-990.50K |
| 2020 | -14.68% | -36.20% | 0.35x | 1.15x | AU$-15.74 Million |
| 2021 | -28.66% | -236.63% | 0.11x | 1.09x | AU$-39.64 Million |
| 2022 | -23.83% | -201.39% | 0.11x | 1.11x | AU$-51.05 Million |
| 2023 | -24.25% | -65.69% | 0.33x | 1.12x | AU$-43.13 Million |
| 2024 | -13.72% | -23.09% | 0.53x | 1.12x | AU$-27.45 Million |
| 2025 | -21.98% | -24.82% | 0.70x | 1.26x | AU$-31.96 Million |
Industry Comparison
This section compares Serko Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $168,656,596
- Average return on equity (ROE) among peers: -52.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Serko Ltd (SKO) | AU$91.49 Million | 0.00% | 0.34x | $74.07 Million |
| Acusensus Ltd (ACE) | $2.70 Million | -46.46% | 0.26x | $96.85 Million |
| Adslot Ltd (ADS) | $2.04 Million | 9.60% | 1.17x | $1.56 Million |
| Archtis Ltd (AR9) | $6.81 Million | -54.69% | 0.31x | $14.43 Million |
| Adveritas Ltd (AV1) | $7.58 Million | -125.18% | 0.27x | $27.64 Million |
| Beforepay Group Ltd (B4P) | $32.63 Million | -89.31% | 0.77x | $30.18 Million |
| Beonic Ltd (BEO) | $7.06 Million | -149.30% | 2.27x | $2.48 Million |
| Cuscal Ltd (CCL) | $1.60 Billion | 28.06% | 2.48x | $419.52 Million |
| Aucyber Ltd (CYB) | $24.90 Million | -85.46% | 0.36x | $65.69K |
| Decidr Ai Industries Ltd (DAI) | $-213.59K | 0.00% | 0.00x | $20.72 Million |
| Dropsuite Ltd (DSE) | $2.95 Million | -9.33% | 0.03x | $185.00 Million |