Tap Global Group Plc
Tap Global Group Plc, together with its subsidiaries, provides application and trading platform for crypto currencies in the United Kingdom and internationally. The company was formerly known as Quetzal Capital PLC. Tap Global Group Plc was founded in 2019 and is based in London, the United Kingdom.
Tap Global Group Plc (8J9) - Net Assets
Latest net assets as of : €- EUR
Based on the latest financial reports, Tap Global Group Plc (8J9) has net assets worth €- EUR as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€-) and total liabilities (€-). 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 | €- |
| % of Total Assets | 0% |
| Annual Growth Rate | 33.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 396.08 |
Tap Global Group Plc - Net Assets Trend (2021–2024)
This chart illustrates how Tap Global Group Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tap Global Group Plc (2021–2024)
The table below shows the annual net assets of Tap Global Group Plc from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €7.49 Million | -70.82% |
| 2023-06-30 | €25.68 Million | +798.36% |
| 2022-06-30 | €2.86 Million | -9.53% |
| 2021-06-30 | €3.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tap Global Group 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 1955252400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €30.28 Million | 404.15% |
| Total Equity | €7.49 Million | 100.00% |
Tap Global Group Plc Competitors by Market Cap
The table below lists competitors of Tap Global Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NXG NextGen Infrastructure Income Fund
NYSE:NXG
|
$526.06K |
|
JAPAN STEEL WORKS (J9R.SG)
STU:J9R
|
$526.95K |
|
Saturn SA
RO:SATU
|
$527.05K |
|
SUMITOMO METAL MNG - Dusseldorf Stock Exchang
DU:S19
|
$527.31K |
|
Chardan NexTech Acquisition 2 Corp
NASDAQ:DFLIW
|
$525.26K |
|
Mount Burgess Mining N.L
PINK:MTBMF
|
$525.05K |
|
PEGASYSTEMS
BE:PEA
|
$524.40K |
|
REALTY
MU:RY6
|
$523.84K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tap Global Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,682,842 to 7,493,288, a change of -18,189,554 (-70.8%).
- Net loss of 18,189,554 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-18.19 Million | -242.74% |
| Total Change | €- | -70.82% |
Book Value vs Market Value Analysis
This analysis compares Tap Global Group 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: 0.19x
- 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 |
|---|---|---|---|
| 2021-06-30 | €0.02 | €0.00 | x |
| 2022-06-30 | €0.02 | €0.00 | x |
| 2023-06-30 | €0.04 | €0.00 | x |
| 2024-06-30 | €0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tap Global Group 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): -242.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -687.29%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.21x
- Recent ROE (-242.74%) is below the historical average (-64.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -2.28% | 0.00% | 0.00x | 1.01x | €-387.92K |
| 2022 | -10.71% | -612.33% | 0.02x | 1.05x | €-592.05K |
| 2023 | -4.18% | -53.30% | 0.07x | 1.05x | €-3.64 Million |
| 2024 | -242.74% | -687.29% | 0.29x | 1.21x | €-18.94 Million |
Industry Comparison
This section compares Tap Global Group Plc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $365,665,335
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tap Global Group Plc (8J9) | €- | -2.28% | N/A | $525.80K |
| Growens S.p.A. (0MU) | $56.87 Million | 102.36% | 0.45x | $22.92K |
| Patriot One Technologies Inc (0PL) | $33.53 Million | -35.74% | 0.02x | $58.49 Million |
| Paycom Soft (0PY) | $1.18 Billion | 23.79% | 2.30x | $5.38 Billion |
| innoscripta SE (1INN) | $35.15 Million | 71.39% | 0.67x | $124.83 Million |
| Nextech3D.AI Corporation (1SS) | $13.13 Million | -208.54% | 0.31x | $13.92 Million |
| WEIMOB INC. DL-0001 (36W) | $1.99 Billion | 15.68% | 0.66x | $647.04 Million |
| Modelon AB (publ) (3VM) | $173.11 Million | -16.46% | 0.23x | $7.36 Million |
| Hitek Global Inc. (4JX) | $28.34 Million | 3.70% | 0.25x | $4.96 Million |
| Envirosuite Limited (57P) | $127.30 Million | -9.82% | 0.18x | $39.98 Million |
| JanOne Inc (5AR1) | $16.82 Million | 65.36% | 1.78x | $133.90 Million |