Spirit Technology Solutions Ltd

AU:ST1 Australia Telecom Services
Market Cap
$65.35 Million
AU$105.55 Million AUD
Market Cap Rank
#26543 Global
#617 in Australia
Share Price
AU$0.56
Change (1 day)
-0.89%
52-Week Range
AU$0.37 - AU$0.60
All Time High
AU$0.64
Categories
Companies in Australia Telecom Services
About

Spirit Technology Solutions Ltd. engages in the provision of cyber security, and technology services and solutions in Australia. The company operates through three segments: Cloud and Communication, Cyber Security, and Secure Managed Technology. The Cyber Security segment provides cyber security offering, including managed security services, security operations centre, professional and advisory s… Read more

Spirit Technology Solutions Ltd (ST1) - Net Assets

Latest net assets as of June 2025: AU$98.57 Million AUD

Based on the latest financial reports, Spirit Technology Solutions Ltd (ST1) has net assets worth AU$98.57 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$172.68 Million) and total liabilities (AU$74.11 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$98.57 Million
% of Total Assets 57.08%
Annual Growth Rate 27.54%
5-Year Change -10.13%
10-Year Change 2966.8%
Growth Volatility 2175.73

Spirit Technology Solutions Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Spirit Technology Solutions 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 Spirit Technology Solutions Ltd (1999–2025)

The table below shows the annual net assets of Spirit Technology Solutions Ltd from 1999 to 2025.

Year Net Assets Change
2025-06-30 AU$98.57 Million +34.95%
2024-06-30 AU$73.05 Million +37.48%
2023-06-30 AU$53.13 Million -10.58%
2022-06-30 AU$59.42 Million -45.83%
2021-06-30 AU$109.68 Million +188.14%
2020-06-30 AU$38.06 Million +72.59%
2019-06-30 AU$22.05 Million +42.20%
2018-06-30 AU$15.51 Million +160.02%
2017-06-30 AU$5.96 Million +85.57%
2016-06-30 AU$3.21 Million +250.20%
2015-06-30 AU$917.83K -65.01%
2014-06-30 AU$2.62 Million +40.33%
2013-06-30 AU$1.87 Million -0.45%
2012-06-30 AU$1.88 Million +58.30%
2011-06-30 AU$1.19 Million -7.53%
2010-06-30 AU$1.28 Million -8.10%
2009-06-30 AU$1.40 Million -76.16%
2008-06-30 AU$5.86 Million +85.33%
2007-06-30 AU$3.16 Million +346.93%
2006-06-30 AU$-1.28 Million -198.88%
2005-06-30 AU$1.29 Million -86.00%
2004-06-30 AU$9.24 Million +8519.57%
2003-06-30 AU$107.24K -65.67%
2002-06-30 AU$312.37K -91.59%
2001-06-30 AU$3.72 Million -72.32%
2000-06-30 AU$13.42 Million +7497.84%
1999-06-30 AU$176.69K --

Equity Component Analysis

This analysis shows how different components contribute to Spirit Technology Solutions 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 44549.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$175.49 Million 178.03%
Other Comprehensive Income AU$1.62 Million 1.65%
Total Equity AU$98.57 Million 100.00%

Spirit Technology Solutions Ltd Competitors by Market Cap

The table below lists competitors of Spirit Technology Solutions Ltd ranked by their market capitalization.

Company Market Cap
Yigit Aku Malzemeleri Nakliyat Turizm Insaat Sanayi ve Ticaret A.S.
IS:YIGIT
 		$15.83 Million
HOVE A/S DK -10
F:LL0
 		$15.83 Million
Advicenne
PA:ALDVI
 		$15.84 Million
Bflysoft Co. Ltd.
KQ:148780
 		$15.84 Million
Sonic Interfreight Public Company Limited
BK:SONIC
 		$15.83 Million
Ado Optronics
TWO:3516
 		$15.82 Million
OPCOM Holdings Bhd
KLSE:0035
 		$15.81 Million
Mineral Commodities Ltd
AU:MRC
 		$15.81 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 73,046,000 to 98,573,000, a change of 25,527,000 (34.9%).
  • Net loss of 1,374,000 reduced equity.
  • Other comprehensive income increased equity by 1,057,000.
  • Other factors increased equity by 25,844,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-1.37 Million -1.39%
Other Comprehensive Income AU$1.06 Million +1.07%
Other Changes AU$25.84 Million +26.22%
Total Change AU$- 34.95%

Book Value vs Market Value Analysis

This analysis compares Spirit Technology Solutions 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: 1.01x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.00x to 1.01x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-06-30 AU$258.32 AU$0.56 x
2000-06-30 AU$2270.39 AU$0.56 x
2001-06-30 AU$587.43 AU$0.56 x
2002-06-30 AU$3.51 AU$0.56 x
2003-06-30 AU$10.02 AU$0.56 x
2004-06-30 AU$249.52 AU$0.56 x
2005-06-30 AU$25.76 AU$0.56 x
2006-06-30 AU$-20.11 AU$0.56 x
2007-06-30 AU$7.80 AU$0.56 x
2008-06-30 AU$12.59 AU$0.56 x
2009-06-30 AU$3.36 AU$0.56 x
2010-06-30 AU$1.56 AU$0.56 x
2011-06-30 AU$1.34 AU$0.56 x
2012-06-30 AU$0.16 AU$0.56 x
2013-06-30 AU$0.64 AU$0.56 x
2014-06-30 AU$0.50 AU$0.56 x
2015-06-30 AU$0.06 AU$0.56 x
2016-06-30 AU$0.48 AU$0.56 x
2017-06-30 AU$0.03 AU$0.56 x
2018-06-30 AU$0.07 AU$0.56 x
2019-06-30 AU$0.09 AU$0.56 x
2020-06-30 AU$0.11 AU$0.56 x
2021-06-30 AU$0.20 AU$0.56 x
2022-06-30 AU$0.09 AU$0.56 x
2023-06-30 AU$0.08 AU$0.56 x
2024-06-30 AU$0.79 AU$0.56 x
2025-06-30 AU$0.55 AU$0.56 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Spirit Technology Solutions 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): -1.39%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.34%
  • • Asset Turnover: 0.59x
  • • Equity Multiplier: 1.75x
  • Recent ROE (-1.39%) is above the historical average (-128.42%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 188.39% 25.16% 1.94x 3.86x AU$315.21K
2000 -8.07% -14.83% 0.44x 1.23x AU$-2.43 Million
2001 -288.21% -195.91% 0.88x 1.67x AU$-11.04 Million
2002 -1092.31% -137.41% 5.76x 1.38x AU$-3.44 Million
2003 -393.11% -4215.81% 0.01x 8.40x AU$-432.31K
2004 -40.75% -1296.48% 0.03x 1.07x AU$-4.69 Million
2005 -668.37% -136.99% 1.88x 2.59x AU$-8.78 Million
2006 0.00% -562.83% 21.71x 0.00x AU$-2.69 Million
2007 17.18% 44.05% 0.37x 1.06x AU$226.71K
2008 -35.04% -1152.80% 0.03x 1.06x AU$-2.64 Million
2009 -447.46% -10768.66% 0.02x 1.71x AU$-6.39 Million
2010 -2.42% -15.79% 0.13x 1.15x AU$-167.99K
2011 -9.85% -7.32% 1.09x 1.23x AU$-244.92K
2012 -61.15% -64.03% 0.70x 1.36x AU$-1.37 Million
2013 -96.51% -1151.62% 0.08x 1.10x AU$-1.99 Million
2014 -40.94% -871.61% 0.04x 1.08x AU$-1.34 Million
2015 -294.09% -43.79% 5.74x 1.17x AU$-2.79 Million
2016 -72.68% -26.41% 1.21x 2.27x AU$-2.66 Million
2017 7.85% 4.07% 0.94x 2.06x AU$-128.07K
2018 3.68% 3.51% 0.74x 1.42x AU$-980.35K
2019 -3.74% -4.74% 0.57x 1.38x AU$-3.03 Million
2020 -3.98% -4.40% 0.63x 1.45x AU$-5.32 Million
2021 1.05% 1.13% 0.58x 1.62x AU$-9.81 Million
2022 -89.48% -39.28% 1.10x 2.08x AU$-59.11 Million
2023 -21.43% -8.96% 1.07x 2.24x AU$-16.70 Million
2024 -14.44% -8.38% 0.73x 2.35x AU$-17.85 Million
2025 -1.39% -1.34% 0.59x 1.75x AU$-11.23 Million

Industry Comparison

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

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $95,167,023
  • Average return on equity (ROE) among peers: -10.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Spirit Technology Solutions Ltd (ST1) AU$98.57 Million 188.39% 0.75x $15.83 Million
Pentanet Ltd (5GG) $2.56 Million -85.36% 0.94x $4.53 Million
Aussie Broadband Ltd (ABB) $-3.42 Million 0.00% 0.00x $694.23 Million
Chorus Ltd (CNU) $650.00 Million 0.00% 2.76x $2.04 Billion
Field Solutions Holdings Ltd (FSG) $5.19 Million -19.16% 0.19x $4.62 Million
Hubify Ltd (HFY) $10.18 Million -18.93% 0.72x $1.79 Million
Hutchison Telecommunications (Australia) Ltd (HTA) $186.26 Million 6.54% 0.44x $1.16 Million
Norwood Systems Ltd (NOR) $2.73 Million -27.26% 0.02x $1.96 Million
Spacetalk Ltd (SPA) $647.90K 39.66% 1.98x $2.88 Million
Swoop Holdings Ltd (SWP) $2.34 Million 11.80% 0.39x $10.24 Million