B90 HOLDINGS PLC (24GN) - Net Assets
Based on the latest financial reports, B90 HOLDINGS PLC (24GN) has net assets worth €6.64 Million EUR (≈ $7.77 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.21 Million ≈ $9.59 Million USD) and total liabilities (€1.56 Million ≈ $1.83 Million USD). 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. Read 24GN total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.64 Million |
| % of Total Assets | 80.96% |
| Annual Growth Rate | 12.58% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 93.75 |
B90 HOLDINGS PLC - Net Assets Trend (2021–2024)
This chart illustrates how B90 HOLDINGS PLC's net assets have evolved over time, based on quarterly financial data. Also explore 24GN asset base for the complete picture of this company's asset base.
Annual Net Assets for B90 HOLDINGS PLC (2021–2024)
The table below shows the annual net assets of B90 HOLDINGS PLC from 2021 to 2024. For live valuation and market cap data, see 24GN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €6.62 Million ≈ $7.73 Million |
-17.69% |
| 2023-12-31 | €8.04 Million ≈ $9.40 Million |
+171.34% |
| 2022-12-31 | €2.96 Million ≈ $3.46 Million |
-36.11% |
| 2021-12-31 | €4.64 Million ≈ $5.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to B90 HOLDINGS PLC'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 1052068500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €35.12 Million | 530.90% |
| Total Equity | €6.62 Million | 100.00% |
B90 HOLDINGS PLC Competitors by Market Cap
The table below lists competitors of B90 HOLDINGS PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SaverOne 2014 Ltd. American Depositary Shares
NASDAQ:SVRE
|
$3.35 Million |
|
Railway Metrics & Dynamics Sweden AB
ST:RMDX
|
$3.35 Million |
|
HiteJinro Holdings Co Ltd
KO:000145
|
$3.35 Million |
|
Gathid Ltd
AU:GTH
|
$3.36 Million |
|
Immersion SA
PA:ALIMR
|
$3.35 Million |
|
BOOHOO GROUP PLC
LSE:DEBS
|
$3.34 Million |
|
EMPYREAN ENERGY LS-002
F:E1E
|
$3.34 Million |
|
Williamson Magor & Company Limited
NSE:WILLAMAGOR
|
$3.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B90 HOLDINGS PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,037,393 to 6,615,821, a change of -1,421,572 (-17.7%).
- Net loss of 1,701,414 reduced equity.
- New share issuances of 15,073 increased equity.
- Other factors increased equity by 264,769.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.70 Million | -25.72% |
| Share Issuances | €15.07K | +0.23% |
| Other Changes | €264.77K | +4.0% |
| Total Change | €- | -17.69% |
Book Value vs Market Value Analysis
This analysis compares B90 HOLDINGS PLC'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: 0.43x
- 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.
- The price-to-book ratio has increased from 0.33x to 0.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.02 | €0.01 | x |
| 2022-12-31 | €0.01 | €0.01 | x |
| 2023-12-31 | €0.02 | €0.01 | x |
| 2024-12-31 | €0.02 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B90 HOLDINGS PLC 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): -25.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -48.31%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.23x
- Recent ROE (-25.72%) is above the historical average (-77.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -71.92% | -405.33% | 0.09x | 1.95x | €-3.82 Million |
| 2022 | -144.10% | -199.62% | 0.30x | 2.40x | €-4.56 Million |
| 2023 | -68.06% | -180.83% | 0.29x | 1.31x | €-6.27 Million |
| 2024 | -25.72% | -48.31% | 0.43x | 1.23x | €-2.36 Million |
Industry Comparison
This section compares B90 HOLDINGS PLC's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $15,058,905,861
- Average return on equity (ROE) among peers: 34.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B90 HOLDINGS PLC (24GN) | €6.64 Million | -71.92% | 0.24x | $3.35 Million |
| ANGLER GAMING PLC EO -01 (0QM) | $7.13 Million | 30.00% | 0.93x | $20.25 Million |
| DYNAM JAPAN HOLDINGS Co. Ltd (2DJ) | $131.34 Billion | 3.05% | 1.66x | $260.37 Million |
| ENTAIN PLC UNSP.ADR/1 (6GI0) | $3.17 Billion | 7.87% | 1.29x | $4.42 Billion |
| GAMBLING.COM GRP ON (6WH) | $123.19 Million | 24.90% | 0.45x | $86.58 Million |
| Kambi Group Plc (7KB) | $180.32 Million | 8.57% | 0.22x | $345.83 Million |
| bet-at-home.com AG (ACX) | $69.29 Million | 47.07% | 0.49x | $17.94 Million |
| 888 Holdings plc (C8V) | $174.70 Million | 28.62% | 0.90x | $173.75 Million |
| Evolution Gaming Group AB (publ) (E3G) | $43.81 Million | 45.71% | 0.36x | $11.26 Billion |
| GREEK O.FOOTB. ADR 1/2 (GF8A) | $427.21 Million | 113.16% | 4.11x | $5.41 Billion |
About B90 HOLDINGS PLC
B90 Holdings PLC, together with its subsidiaries, operates online sportsbook and casino products in the Isle of Man. It also engages in generating marketing leads and marketing contracts for the activities of partners in online sports betting and casinos games under Oddsen.nu, Bet90, and Tippen4you.com brand names. The company was formerly known as Veltyco Group PLC and changed its name to B90 Ho… Read more