XIGEM TECHNOLOGIES CORP. (VZ6) - Net Assets
Based on the latest financial reports, XIGEM TECHNOLOGIES CORP. (VZ6) has net assets worth €516.03K EUR (≈ $603.30K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.39 Million ≈ $1.63 Million USD) and total liabilities (€877.20K ≈ $1.03 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 debt load of XIGEM TECHNOLOGIES CORP. for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €516.03K |
| % of Total Assets | 37.04% |
| Annual Growth Rate | -41.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 90.93 |
XIGEM TECHNOLOGIES CORP. - Net Assets Trend (2021–2024)
This chart illustrates how XIGEM TECHNOLOGIES CORP.'s net assets have evolved over time, based on quarterly financial data. Also explore VZ6 total asset value for the complete picture of this company's asset base.
Annual Net Assets for XIGEM TECHNOLOGIES CORP. (2021–2024)
The table below shows the annual net assets of XIGEM TECHNOLOGIES CORP. from 2021 to 2024. For live valuation and market cap data, see XIGEM TECHNOLOGIES CORP. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €435.43K ≈ $509.06K |
-34.12% |
| 2023-12-31 | €660.92K ≈ $772.69K |
+127.27% |
| 2022-12-31 | €290.81K ≈ $339.98K |
-86.36% |
| 2021-12-31 | €2.13 Million ≈ $2.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to XIGEM TECHNOLOGIES CORP.'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 796596900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €14.59 Million | 3351.15% |
| Total Equity | €435.43K | 100.00% |
XIGEM TECHNOLOGIES CORP. Competitors by Market Cap
The table below lists competitors of XIGEM TECHNOLOGIES CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Holdco Nuvo Group D.G Ltd
NASDAQ:NUVOQ
|
$33.26K |
|
Alina Holdings PLC
LSE:ALNA
|
$33.28K |
|
British and American Investment Trust PLC
LSE:BAF
|
$33.46K |
|
Sure Ventures PLC
LSE:SURE
|
$33.85K |
|
Keras Resources PLC
LSE:KRS
|
$32.45K |
|
Anglesey Mining
LSE:AYM
|
$32.33K |
|
Bigblu Broadband PLC
LSE:BBB
|
$31.83K |
|
Aspire BioPharma, Inc.
NASDAQ:ASBP
|
$30.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XIGEM TECHNOLOGIES CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 660,922 to 435,430, a change of -225,492 (-34.1%).
- Net loss of 488,242 reduced equity.
- New share issuances of 105,000 increased equity.
- Other factors increased equity by 157,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-488.24K | -112.13% |
| Share Issuances | €105.00K | +24.11% |
| Other Changes | €157.75K | +36.23% |
| Total Change | €- | -34.12% |
Book Value vs Market Value Analysis
This analysis compares XIGEM TECHNOLOGIES CORP.'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: 0.06x
- 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 |
|---|---|---|---|
| 2021-12-31 | €0.25 | €0.00 | x |
| 2022-12-31 | €0.01 | €0.00 | x |
| 2023-12-31 | €0.01 | €0.00 | x |
| 2024-12-31 | €0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XIGEM TECHNOLOGIES CORP. 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): -112.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.24%
- • Asset Turnover: 1.78x
- • Equity Multiplier: 2.23x
- Recent ROE (-112.13%) is above the historical average (-661.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -280.78% | 0.00% | 0.00x | 1.32x | €-6.20 Million |
| 2022 | -2063.08% | 0.00% | 0.00x | 2.12x | €-6.03 Million |
| 2023 | -189.15% | -284.33% | 0.42x | 1.58x | €-1.32 Million |
| 2024 | -112.13% | -28.24% | 1.78x | 2.23x | €-531.78K |
Industry Comparison
This section compares XIGEM TECHNOLOGIES CORP.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $249,190,716
- Average return on equity (ROE) among peers: -319.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XIGEM TECHNOLOGIES CORP. (VZ6) | €516.03K | -280.78% | 1.70x | $32.54K |
| Materialise NV (06MA) | $82.95 Million | -3.38% | 0.74x | $301.24 Million |
| Patriot One Technologies Inc (0PL) | $14.74 Million | -110.81% | 0.29x | $86.54 Million |
| AXWAY SOFTWARE EO 2 (1XV) | $372.22 Million | 2.58% | 0.57x | $1.09 Billion |
| Spyrosoft Spólka Akcyjna (2NP) | $85.10 Million | 31.41% | 0.95x | $108.73 Million |
| WEIMOB INC. DL-0001 (36W) | $1.81 Billion | -95.35% | 2.84x | $681.82 Million |
| ROUTE1 INC. (3R6N) | $2.73 Million | 8.15% | 4.53x | $2.46 Million |
| INSURAGUEST TECHN. INC. (4JG) | $197.88K | -333.23% | 2.29x | $99.69K |
| LIQUID AVATAR TECHNO.INC. (4T5) | $424.39K | -2677.70% | 5.96x | $1.33 Million |
| Envirosuite Limited (57P) | $125.98 Million | -14.47% | 0.25x | $67.90 Million |
| SPROUT AI INC. (5AU) | $-5.20 Million | 0.00% | 0.00x | $3.09 Million |
About XIGEM TECHNOLOGIES CORP.
Xigem Technologies Corporation provides technology platform for the remote working economy in Canada. The company offers iAgent, a mobile geo-targeted customer acquisition, conversion, and retention application for matching sales and services with consumers, treatment seekers, and students in various sectors in real-time; and Echo Digital, an AI powered digital sales and marketing platform. Xigem… Read more