Trustpilot Group PLC
Trustpilot Group plc engages in the development and hosting of an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally. The company's online review platform enables consumers to make purchasing decisions and businesses. It also provides software-as-a-service (SaaS). The company was founded in 2007 and is headquartered in London, the… Read more
Trustpilot Group PLC (TRST) - Net Assets
Latest net assets as of June 2025: GBX31.01 Million GBX
Based on the latest financial reports, Trustpilot Group PLC (TRST) has net assets worth GBX31.01 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX148.37 Million) and total liabilities (GBX117.35 Million). 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 | GBX31.01 Million |
| % of Total Assets | 20.9% |
| Annual Growth Rate | -3.24% |
| 5-Year Change | 491.33% |
| 10-Year Change | N/A |
| Growth Volatility | 293.23 |
Trustpilot Group PLC - Net Assets Trend (2015–2024)
This chart illustrates how Trustpilot 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 Trustpilot Group PLC (2015–2024)
The table below shows the annual net assets of Trustpilot Group PLC from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX41.39 Million | -34.42% |
| 2023-12-31 | GBX63.11 Million | +37.69% |
| 2022-12-31 | GBX45.84 Million | -22.91% |
| 2021-12-31 | GBX59.45 Million | +749.46% |
| 2020-12-31 | GBX7.00 Million | -51.82% |
| 2019-12-31 | GBX14.53 Million | +187.73% |
| 2018-12-31 | GBX-16.56 Million | -343.12% |
| 2017-12-31 | GBX6.81 Million | -76.33% |
| 2016-12-31 | GBX28.78 Million | -48.31% |
| 2015-12-31 | GBX55.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trustpilot 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 316.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX5.18 Million | 12.52% |
| Other Comprehensive Income | GBX153.88 Million | 371.81% |
| Other Components | GBX799.00K | 1.93% |
| Total Equity | GBX41.39 Million | 100.00% |
Trustpilot Group PLC Competitors by Market Cap
The table below lists competitors of Trustpilot Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MALAGASY MINER
BE:MGM
|
$77.19K |
|
Abrdn Emerging Markets Equity Income Fund Inc
NYSE MKT:AEF
|
$77.20K |
|
KwikClick Inc
PINK:KWIK
|
$77.22K |
|
Departure Bay Capital Corp.
V:DBC-P
|
$77.36K |
|
DAIWA SEC GRP - Dusseldorf Stock Exchang
DU:DSE
|
$77.08K |
|
New Mountain Finance Corporation
NASDAQ:NMFC
|
$76.97K |
|
DHTRF
PINK:DHTRF
|
$76.97K |
|
Decoy Therapeutics Inc.
NASDAQ:DCOY
|
$76.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trustpilot Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,113,000 to 41,387,000, a change of -21,726,000 (-34.4%).
- Net income of 6,234,000 contributed positively to equity growth.
- Share repurchases of 43,249,000 reduced equity.
- New share issuances of 5,414,000 increased equity.
- Other comprehensive income decreased equity by 767,000.
- Other factors increased equity by 10,642,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX6.23 Million | +15.06% |
| Share Repurchases | GBX43.25 Million | -104.5% |
| Share Issuances | GBX5.41 Million | +13.08% |
| Other Comprehensive Income | GBX-767.00K | -1.85% |
| Other Changes | GBX10.64 Million | +25.71% |
| Total Change | GBX- | -34.42% |
Book Value vs Market Value Analysis
This analysis compares Trustpilot 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: 2483.32x
- 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 increased from 31.08x to 2483.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | GBX7.48 | GBX232.40 | x |
| 2017-12-31 | GBX1.65 | GBX232.40 | x |
| 2018-12-31 | GBX-0.04 | GBX232.40 | x |
| 2019-12-31 | GBX0.04 | GBX232.40 | x |
| 2020-12-31 | GBX0.02 | GBX232.40 | x |
| 2021-12-31 | GBX0.15 | GBX232.40 | x |
| 2022-12-31 | GBX0.11 | GBX232.40 | x |
| 2023-12-31 | GBX0.14 | GBX232.40 | x |
| 2024-12-31 | GBX0.09 | GBX232.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trustpilot 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): 15.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 3.49x
- Recent ROE (15.06%) is above the historical average (-92.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -47.44% | -100.12% | 0.38x | 1.26x | GBX-31.79 Million |
| 2016 | -91.29% | -74.34% | 0.80x | 1.54x | GBX-28.22 Million |
| 2017 | -408.15% | -57.79% | 1.36x | 5.20x | GBX-28.48 Million |
| 2018 | 0.00% | -40.41% | 3.06x | 0.00x | GBX-24.33 Million |
| 2019 | -155.97% | -27.66% | 1.62x | 3.48x | GBX-24.11 Million |
| 2020 | -175.44% | -12.04% | 1.20x | 12.18x | GBX-12.98 Million |
| 2021 | -43.55% | -19.70% | 1.02x | 2.17x | GBX-31.84 Million |
| 2022 | -31.95% | -9.83% | 1.19x | 2.72x | GBX-19.23 Million |
| 2023 | 11.26% | 4.03% | 1.13x | 2.48x | GBX797.70K |
| 2024 | 15.06% | 2.96% | 1.46x | 3.49x | GBX2.10 Million |
Industry Comparison
This section compares Trustpilot Group PLC's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $32,724,311
- Average return on equity (ROE) among peers: -3.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trustpilot Group PLC (TRST) | GBX31.01 Million | -47.44% | 3.78x | $77.09K |
| 4Global PLC (4GBL) | $3.47 Million | 11.07% | 0.37x | $721.22 |
| AdvancedAdvT Ltd (ADVT) | $152.14 Million | 8.06% | 0.18x | $26.56K |
| AIQ Ltd (AIQ) | $685.74K | -174.25% | 0.61x | $315.18 |
| Alfa Financial Software Holdings PLC (ALFA) | $60.23 Million | 33.70% | 0.59x | $67.16K |
| Altitude Group Plc (ALT) | $1.29 Million | 0.00% | 5.34x | $2.09K |
| Anemoi International Ltd (AMOI) | $4.08 Million | -21.99% | 0.20x | $286.61 |
| ActiveOps PLC (AOM) | $1.06 Million | 109.06% | 6.53x | $23.73K |
| Aptitude Software Group PLC (APTD) | $61.02 Million | 4.31% | 0.35x | $15.82K |
| Arcontech Group Plc (ARC) | $2.80 Million | -32.58% | 0.27x | $1.33K |
| Big Technologies PLC (BIG) | $40.46 Million | 27.57% | 0.21x | $38.30K |