B-Gaming S.A.
B-Gaming S.A. develops technological solutions for capturing, communicating, validating, and processing large volumes of information. The company also installs security computer centers, communication networks and equipment, VSAT antennas, online and mobile lottery terminals, printers, and other supplies. In addition, it develops communication and transaction management software. The company was … Read more
B-Gaming S.A. (GAMI) - Net Assets
Latest net assets as of October 2025: AR$17.38 Billion ARS
Based on the latest financial reports, B-Gaming S.A. (GAMI) has net assets worth AR$17.38 Billion ARS as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$39.61 Billion) and total liabilities (AR$22.22 Billion). 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 | AR$17.38 Billion |
| % of Total Assets | 43.89% |
| Annual Growth Rate | 56.21% |
| 5-Year Change | 504.98% |
| 10-Year Change | N/A |
| Growth Volatility | 73.68 |
B-Gaming S.A. - Net Assets Trend (2020–2025)
This chart illustrates how B-Gaming S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for B-Gaming S.A. (2020–2025)
The table below shows the annual net assets of B-Gaming S.A. from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | AR$17.38 Billion | +87.35% |
| 2024-10-31 | AR$9.28 Billion | -29.85% |
| 2023-10-31 | AR$13.23 Billion | +198.06% |
| 2022-10-31 | AR$4.44 Billion | +54.43% |
| 2021-10-31 | AR$2.87 Billion | +53.68% |
| 2020-10-31 | AR$1.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to B-Gaming S.A.'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 765.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$8.11 Billion | 46.63% |
| Other Components | AR$9.28 Billion | 53.37% |
| Total Equity | AR$17.38 Billion | 100.00% |
B-Gaming S.A. Competitors by Market Cap
The table below lists competitors of B-Gaming S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sumber Mas Konstruksi Tbk PT
JK:SMKM
|
$4.79 Million |
|
Thor Energy Plc
AU:THR
|
$4.79 Million |
|
Solartron Public Company Limited
BK:SOLAR
|
$4.79 Million |
|
Hindcon Chemicals Limited
NSE:HINDCON
|
$4.80 Million |
|
ECP Emerging Growth Ltd
AU:ECP
|
$4.79 Million |
|
Q Interline AS
CO:QINTER
|
$4.79 Million |
|
G2D Investments Ltd
SA:G2DI33
|
$4.79 Million |
|
NEOSPERIENCE S.P.A.
F:Y8E
|
$4.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B-Gaming S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,279,062,185 to 17,384,699,873, a change of 8,105,637,688 (87.4%).
- Net income of 8,105,637,688 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$8.11 Billion | +46.63% |
| Total Change | AR$- | 87.35% |
Book Value vs Market Value Analysis
This analysis compares B-Gaming S.A.'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: 4.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 39.37x to 4.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-10-31 | AR$5.50 | AR$216.50 | x |
| 2021-10-31 | AR$8.45 | AR$216.50 | x |
| 2022-10-31 | AR$13.05 | AR$216.50 | x |
| 2023-10-31 | AR$38.90 | AR$216.50 | x |
| 2024-10-31 | AR$27.29 | AR$216.50 | x |
| 2025-10-31 | AR$51.13 | AR$216.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B-Gaming S.A. 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): 46.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.55%
- • Asset Turnover: 1.77x
- • Equity Multiplier: 2.28x
- Recent ROE (46.63%) is above the historical average (26.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 50.11% | 20.27% | 1.41x | 1.75x | AR$750.09 Million |
| 2021 | 72.74% | 20.44% | 2.10x | 1.70x | AR$1.80 Billion |
| 2022 | 54.43% | 10.18% | 2.58x | 2.07x | AR$1.97 Billion |
| 2023 | 20.93% | 4.26% | 1.87x | 2.64x | AR$1.45 Billion |
| 2024 | -87.18% | -13.93% | 1.74x | 3.60x | AR$-9.02 Billion |
| 2025 | 46.63% | 11.55% | 1.77x | 2.28x | AR$6.37 Billion |
Industry Comparison
This section compares B-Gaming S.A.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $45,108,318,679
- Average return on equity (ROE) among peers: -35.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B-Gaming S.A. (GAMI) | AR$17.38 Billion | 50.11% | 1.28x | $4.79 Million |
| Boldt S.A (BOLT) | $45.11 Billion | -35.77% | 1.04x | $7.84 Million |