ENGAGE XR HLDGS EO-001 (6VR) - Net Assets
Based on the latest financial reports, ENGAGE XR HLDGS EO-001 (6VR) has net assets worth €4.72 Million EUR (≈ $5.51 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.41 Million ≈ $6.32 Million USD) and total liabilities (€693.16K ≈ $810.37K 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. Also explore 6VR asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.72 Million |
| % of Total Assets | 87.19% |
| Annual Growth Rate | -17.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 142.52 |
ENGAGE XR HLDGS EO-001 - Net Assets Trend (2021–2024)
This chart illustrates how ENGAGE XR HLDGS EO-001's net assets have evolved over time, based on quarterly financial data. Check ENGAGE XR HLDGS EO-001 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for ENGAGE XR HLDGS EO-001 (2021–2024)
The table below shows the annual net assets of ENGAGE XR HLDGS EO-001 from 2021 to 2024. For live valuation and market cap data, see 6VR market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.72 Million ≈ $5.51 Million |
-44.69% |
| 2023-12-31 | €8.53 Million ≈ $9.97 Million |
+243.81% |
| 2022-12-31 | €2.48 Million ≈ $2.90 Million |
-70.69% |
| 2021-12-31 | €8.46 Million ≈ $9.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ENGAGE XR HLDGS EO-001'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 1403345900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €32.31 Million | 684.91% |
| Total Equity | €4.72 Million | 100.00% |
ENGAGE XR HLDGS EO-001 Competitors by Market Cap
The table below lists competitors of ENGAGE XR HLDGS EO-001 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NewGenIvf Group Limited Class A Ordinary Shares
NASDAQ:NIVF
|
$789.85K |
|
Aethlon Medical Inc
NASDAQ:AEMD
|
$791.17K |
|
Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG
XETRA:EFF
|
$794.86K |
|
Cyber Security 1 AB
ST:CYB1
|
$797.10K |
|
Europejskie Centrum Odszkodowań SA
WAR:EUC
|
$786.01K |
|
Intercede Group
LSE:IGP
|
$783.24K |
|
Onfolio Holdings Inc
NASDAQ:ONFO
|
$778.77K |
|
SolarWorld Aktiengesellschaft
HM:SWVK
|
$774.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENGAGE XR HLDGS EO-001's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,527,635 to 4,716,872, a change of -3,810,763 (-44.7%).
- Net loss of 3,974,496 reduced equity.
- Other factors increased equity by 163,733.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.97 Million | -84.26% |
| Other Changes | €163.73K | +3.47% |
| Total Change | €- | -44.69% |
Book Value vs Market Value Analysis
This analysis compares ENGAGE XR HLDGS EO-001'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: 0.22x
- 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 0.07x to 0.22x 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 | €0.03 | €0.00 | x |
| 2022-12-31 | €0.01 | €0.00 | x |
| 2023-12-31 | €0.02 | €0.00 | x |
| 2024-12-31 | €0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENGAGE XR HLDGS EO-001 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): -84.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -116.99%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.15x
- Recent ROE (-84.26%) is above the historical average (-102.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -36.99% | -131.18% | 0.27x | 1.06x | €-3.98 Million |
| 2022 | -242.10% | -155.22% | 1.04x | 1.50x | €-6.25 Million |
| 2023 | -47.54% | -109.85% | 0.40x | 1.08x | €-4.91 Million |
| 2024 | -84.26% | -116.99% | 0.63x | 1.15x | €-4.45 Million |
Industry Comparison
This section compares ENGAGE XR HLDGS EO-001's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $323,051,737
- Average return on equity (ROE) among peers: -277.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ENGAGE XR HLDGS EO-001 (6VR) | €4.72 Million | -36.99% | 0.15x | $787.24K |
| Materialise NV (06MA) | $133.10 Million | -5.35% | 1.46x | $301.24 Million |
| Patriot One Technologies Inc (0PL) | $46.84 Million | -35.36% | 0.05x | $98.75 Million |
| AXWAY SOFTWARE EO 2 (1XV) | $532.39 Million | 7.63% | 1.33x | $1.09 Billion |
| Spyrosoft Spólka Akcyjna (2NP) | $160.60 Million | 21.35% | 0.53x | $102.59 Million |
| WEIMOB INC. DL-0001 (36W) | $2.24 Billion | -81.59% | 2.56x | $618.37 Million |
| ROUTE1 INC. (3R6N) | $2.73 Million | 8.15% | 4.53x | $2.46 Million |
| INSURAGUEST TECHN. INC. (4JG) | $-267.38K | 0.00% | 0.00x | $99.69K |
| LIQUID AVATAR TECHNO.INC. (4T5) | $424.39K | -2677.70% | 5.96x | $1.33 Million |
| Envirosuite Limited (57P) | $116.52 Million | -8.82% | 0.24x | $67.90 Million |
| SPROUT AI INC. (5AU) | $-2.86 Million | 0.00% | 0.00x | $3.09 Million |
About ENGAGE XR HLDGS EO-001
ENGAGE XR Holdings plc engages in the development of the educational virtual reality platform. The company offers ENGAGE, an online virtual learning and corporate training platform that provides educators the tools they need to create their own content in virtual classrooms or virtual training environments. It also develops and sells virtual reality experiences, including Apollo 11 VR, Titanic VR… Read more