Spenda Ltd
Spenda Limited develops and commercializes technology assets that enable the modernization of business IT systems through conversion, migration, and management of server-based legacy data and systems to the cloud in Australia. It operates through SaaS and Payments, and Lending segments. The company offers business-to-business payment services; merchant services; solutions for integrating payments… Read more
Spenda Ltd (SPX) - Net Assets
Latest net assets as of December 2025: AU$11.04 Million AUD
Based on the latest financial reports, Spenda Ltd (SPX) has net assets worth AU$11.04 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$24.27 Million) and total liabilities (AU$13.22 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$11.04 Million |
| % of Total Assets | 45.5% |
| Annual Growth Rate | 7.18% |
| 5-Year Change | -81.03% |
| 10-Year Change | 5639.09% |
| Growth Volatility | 212.97 |
Spenda Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Spenda 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 Spenda Ltd (2002–2025)
The table below shows the annual net assets of Spenda Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$15.42 Million | -55.31% |
| 2024-06-30 | AU$34.50 Million | -9.65% |
| 2023-06-30 | AU$38.19 Million | -12.01% |
| 2022-06-30 | AU$43.40 Million | -46.62% |
| 2021-06-30 | AU$81.30 Million | +3359.65% |
| 2020-06-30 | AU$-2.49 Million | -180.78% |
| 2019-06-30 | AU$3.09 Million | -31.15% |
| 2018-06-30 | AU$4.48 Million | +416.85% |
| 2017-06-30 | AU$-1.42 Million | -626.75% |
| 2016-06-30 | AU$268.71K | -72.25% |
| 2015-06-30 | AU$968.18K | +16.15% |
| 2014-06-30 | AU$833.53K | +17902.86% |
| 2013-06-30 | AU$-4.68K | -107.69% |
| 2012-06-30 | AU$60.90K | -96.11% |
| 2011-06-30 | AU$1.56 Million | -36.96% |
| 2010-06-30 | AU$2.48 Million | +664.76% |
| 2009-06-30 | AU$324.36K | -84.25% |
| 2008-06-30 | AU$2.06 Million | -74.64% |
| 2007-06-30 | AU$8.12 Million | +37.82% |
| 2006-06-30 | AU$5.89 Million | +4.43% |
| 2005-06-30 | AU$5.64 Million | +88.67% |
| 2004-06-30 | AU$2.99 Million | +38.83% |
| 2003-06-30 | AU$2.15 Million | -31.21% |
| 2002-06-30 | AU$3.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spenda 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 16644217400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$175.86 Million | 1140.35% |
| Other Comprehensive Income | AU$6.04 Million | 39.18% |
| Total Equity | AU$15.42 Million | 100.00% |
Spenda Ltd Competitors by Market Cap
The table below lists competitors of Spenda Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALLIED GAMI.+ENT.DL-0001
F:2AA
|
$3.72 Million |
|
KAP AG
F:IUR
|
$3.72 Million |
|
SIAV S.P.A.
F:F4U
|
$3.72 Million |
|
NuCana PLC
NASDAQ:NCNA
|
$3.72 Million |
|
General Engineering Public Company Limited
BK:GEL
|
$3.72 Million |
|
Planet Communications Asia Public Company Limited
BK:PLANET
|
$3.72 Million |
|
LFE Corporation Bhd
KLSE:7170
|
$3.72 Million |
|
Damai Sejahtera Abadi Tbk PT
JK:UFOE
|
$3.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spenda Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,504,057 to 15,421,446, a change of -19,082,611 (-55.3%).
- Net loss of 24,309,737 reduced equity.
- Other comprehensive income increased equity by 1,824,105.
- Other factors increased equity by 3,403,021.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-24.31 Million | -157.64% |
| Other Comprehensive Income | AU$1.82 Million | +11.83% |
| Other Changes | AU$3.40 Million | +22.07% |
| Total Change | AU$- | -55.31% |
Book Value vs Market Value Analysis
This analysis compares Spenda 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: 0.06x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | AU$10.17 | AU$0.00 | x |
| 2002-06-30 | AU$1401.83 | AU$0.00 | x |
| 2003-06-30 | AU$66.15 | AU$0.00 | x |
| 2004-06-30 | AU$90.04 | AU$0.00 | x |
| 2005-06-30 | AU$127.69 | AU$0.00 | x |
| 2006-06-30 | AU$77.55 | AU$0.00 | x |
| 2007-06-30 | AU$73.82 | AU$0.00 | x |
| 2008-06-30 | AU$16.31 | AU$0.00 | x |
| 2009-06-30 | AU$2.01 | AU$0.00 | x |
| 2010-06-30 | AU$8.72 | AU$0.00 | x |
| 2011-06-30 | AU$3.56 | AU$0.00 | x |
| 2012-06-30 | AU$0.08 | AU$0.00 | x |
| 2013-06-30 | AU$-0.01 | AU$0.00 | x |
| 2014-06-30 | AU$0.49 | AU$0.00 | x |
| 2015-06-30 | AU$0.22 | AU$0.00 | x |
| 2016-06-30 | AU$0.05 | AU$0.00 | x |
| 2017-06-30 | AU$-0.20 | AU$0.00 | x |
| 2018-06-30 | AU$0.17 | AU$0.00 | x |
| 2019-06-30 | AU$0.07 | AU$0.00 | x |
| 2020-06-30 | AU$0.01 | AU$0.00 | x |
| 2021-06-30 | AU$0.46 | AU$0.00 | x |
| 2022-06-30 | AU$0.14 | AU$0.00 | x |
| 2023-06-30 | AU$0.01 | AU$0.00 | x |
| 2024-06-30 | AU$0.09 | AU$0.00 | x |
| 2025-06-30 | AU$0.03 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spenda Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -157.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -219.33%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.67x
- Recent ROE (-157.64%) is above the historical average (-361.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.72% | 492.14% | 0.00x | 1.12x | AU$-235.34K |
| 2003 | 9.27% | 132.73% | 0.06x | 1.16x | AU$-14.14K |
| 2004 | 7.54% | 0.00% | 0.00x | 1.12x | AU$-72.22K |
| 2005 | -72.41% | -352.52% | 0.16x | 1.26x | AU$-4.65 Million |
| 2006 | -50.17% | -99.72% | 0.42x | 1.20x | AU$-3.55 Million |
| 2007 | -47.02% | -296.23% | 0.14x | 1.13x | AU$-4.63 Million |
| 2008 | -266.35% | -175.12% | 1.13x | 1.34x | AU$-5.69 Million |
| 2009 | -836.59% | -207.96% | 0.71x | 5.70x | AU$-2.49 Million |
| 2010 | -41.57% | -144.68% | 0.23x | 1.28x | AU$-1.28 Million |
| 2011 | -1062.97% | -639.84% | 0.75x | 2.22x | AU$-16.72 Million |
| 2012 | -3611.73% | 0.00% | 0.00x | 4.02x | AU$-2.21 Million |
| 2013 | 0.00% | -3403.66% | 0.12x | 0.00x | AU$-706.44K |
| 2014 | -200.52% | -7047.67% | 0.02x | 1.17x | AU$-1.75 Million |
| 2015 | -76.78% | -1858.44% | 0.03x | 1.26x | AU$-840.20K |
| 2016 | -660.12% | -29563.30% | 0.01x | 2.08x | AU$-1.80 Million |
| 2017 | 0.00% | -5106.22% | 0.14x | 0.00x | AU$-1.80 Million |
| 2018 | -143.61% | -2135.82% | 0.06x | 1.16x | AU$-6.89 Million |
| 2019 | -195.52% | -900.07% | 0.18x | 1.19x | AU$-6.35 Million |
| 2020 | -1069.48% | -1609.50% | 0.47x | 1.42x | AU$-7.51 Million |
| 2021 | -14.04% | -1469.30% | 0.01x | 1.07x | AU$-19.54 Million |
| 2022 | -115.77% | -2236.95% | 0.04x | 1.25x | AU$-54.58 Million |
| 2023 | -28.81% | -353.62% | 0.06x | 1.40x | AU$-14.82 Million |
| 2024 | -38.27% | -256.89% | 0.10x | 1.48x | AU$-16.66 Million |
| 2025 | -157.64% | -219.33% | 0.43x | 1.67x | AU$-25.85 Million |
Industry Comparison
This section compares Spenda Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $123,661,057
- Average return on equity (ROE) among peers: -64.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spenda Ltd (SPX) | AU$11.04 Million | 1.72% | 1.20x | $3.72 Million |
| Acusensus Ltd (ACE) | $35.92 Million | -4.24% | 0.36x | $98.52 Million |
| Adslot Ltd (ADS) | $3.77 Million | -178.45% | 0.77x | $1.56 Million |
| Archtis Ltd (AR9) | $5.40 Million | -88.13% | 2.11x | $14.87 Million |
| Adveritas Ltd (AV1) | $-1.12 Million | 0.00% | 0.00x | $26.11 Million |
| Beforepay Group Ltd (B4P) | $382.94K | -4.48% | 0.04x | $29.44 Million |
| Beonic Ltd (BEO) | $1.14 Million | -278.11% | 15.10x | $2.73 Million |
| Cuscal Ltd (CCL) | $1.17 Billion | 0.00% | 1.49x | $417.39 Million |
| Aucyber Ltd (CYB) | $19.19 Million | -60.38% | 0.43x | $65.69K |
| Decidr Ai Industries Ltd (DAI) | $-284.44K | 0.00% | 0.00x | $21.34 Million |
| Dropsuite Ltd (DSE) | $6.28 Million | -34.62% | 0.10x | $185.00 Million |