Devolver Digital Inc (DEVO) - Net Assets
Based on the latest financial reports, Devolver Digital Inc (DEVO) has net assets worth GBX155.86 Million GBX (≈ $18.96K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX186.60 Million ≈ $22.70K USD) and total liabilities (GBX30.74 Million ≈ $3.74K 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. Check DEVO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX155.86 Million |
| % of Total Assets | 83.53% |
| Annual Growth Rate | 51.25% |
| 5-Year Change | 131.06% |
| 10-Year Change | N/A |
| Growth Volatility | 108.21 |
Devolver Digital Inc - Net Assets Trend (2017–2024)
This chart illustrates how Devolver Digital Inc's net assets have evolved over time, based on quarterly financial data. Also explore DEVO total assets for the complete picture of this company's asset base.
Annual Net Assets for Devolver Digital Inc (2017–2024)
The table below shows the annual net assets of Devolver Digital Inc from 2017 to 2024. For live valuation and market cap data, see how much is Devolver Digital Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX165.24 Million ≈ $20.10K |
+4.56% |
| 2023-12-31 | GBX158.03 Million ≈ $19.23K |
-8.27% |
| 2022-12-31 | GBX172.27 Million ≈ $20.96K |
-29.82% |
| 2021-12-31 | GBX245.47 Million ≈ $29.87K |
+243.25% |
| 2020-12-31 | GBX71.51 Million ≈ $8.70K |
+246.44% |
| 2019-12-31 | GBX20.64 Million ≈ $2.51K |
+65.23% |
| 2018-12-31 | GBX12.49 Million ≈ $1.52K |
+36.94% |
| 2017-12-31 | GBX9.12 Million ≈ $1.11K |
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Equity Component Analysis
This analysis shows how different components contribute to Devolver Digital Inc'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 602.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX43.51 Million | 26.29% |
| Common Stock | GBX47.00K | 0.03% |
| Other Components | GBX121.98 Million | 73.69% |
| Total Equity | GBX165.54 Million | 100.00% |
Devolver Digital Inc Competitors by Market Cap
The table below lists competitors of Devolver Digital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eurocell PLC
LSE:ECEL
|
$1.22 Million |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
$1.22 Million |
|
Diamcor Mining
V:DMI
|
$1.22 Million |
|
Value Management & Research AG
F:VMR1
|
$1.22 Million |
|
Mpower Group Ltd
AU:MPR
|
$1.22 Million |
|
Rights and Issues Investment Trust Public Limited Company
LSE:RIII
|
$1.22 Million |
|
Eleco PLC
LSE:ELCO
|
$1.22 Million |
|
Jaxon Mining Inc
V:JAX
|
$1.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Devolver Digital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 158,118,000 to 165,537,000, a change of 7,419,000 (4.7%).
- Net loss of 6,141,000 reduced equity.
- New share issuances of 9,785,000 increased equity.
- Other comprehensive income increased equity by 35,124,999.
- Other factors decreased equity by 31,349,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-6.14 Million | -3.71% |
| Share Issuances | GBX9.79 Million | +5.91% |
| Other Comprehensive Income | GBX35.12 Million | +21.22% |
| Other Changes | GBX-31.35 Million | -18.94% |
| Total Change | GBX- | 4.69% |
Book Value vs Market Value Analysis
This analysis compares Devolver Digital Inc'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: 59.35x
- 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 761.11x to 59.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | GBX0.03 | GBX21.50 | x |
| 2019-12-31 | GBX0.05 | GBX21.50 | x |
| 2020-12-31 | GBX0.16 | GBX21.50 | x |
| 2021-12-31 | GBX0.60 | GBX21.50 | x |
| 2022-12-31 | GBX0.39 | GBX21.50 | x |
| 2023-12-31 | GBX0.36 | GBX21.50 | x |
| 2024-12-31 | GBX0.36 | GBX21.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Devolver Digital Inc 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): -3.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.86%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.22x
- Recent ROE (-3.71%) is below the historical average (14.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 25.36% | 7.46% | 2.10x | 1.62x | GBX1.92 Million |
| 2019 | 38.07% | 13.38% | 1.74x | 1.64x | GBX5.79 Million |
| 2020 | 89.62% | 30.13% | 1.88x | 1.58x | GBX56.94 Million |
| 2021 | 12.44% | 31.13% | 0.35x | 1.14x | GBX6.00 Million |
| 2022 | -53.59% | -68.00% | 0.69x | 1.14x | GBX-108.57 Million |
| 2023 | -8.06% | -13.80% | 0.47x | 1.24x | GBX-28.55 Million |
| 2024 | -3.71% | -5.86% | 0.52x | 1.22x | GBX-22.69 Million |
Industry Comparison
This section compares Devolver Digital Inc's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $11,238,667
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Devolver Digital Inc (DEVO) | GBX155.86 Million | 25.36% | 0.20x | $1.22 Million |
| Frontier Developments Plc (FDEV) | $20.89 Million | 7.89% | 0.20x | $1.37 Million |
| Gaming Realms plc (GMR) | $7.74 Million | -18.65% | 0.04x | $1.22 Million |
| Tinybuild Inc (TBLD) | $5.09 Million | -4.57% | 0.54x | $370.85K |
About Devolver Digital Inc
Devolver Digital, Inc. develops and publishes digital video games for PC, console, and mobile platforms in Europe, North America, the Asia Pacific, Latin America, the United Kingdom, the Middle East, and North Africa. It also offers project and lifecycle management; development and production assistance; publishing; and technical and creative support services. The company was incorporated in 2008… Read more