Trustpilot Group PLC (TRST) - Net Assets
Based on the latest financial reports, Trustpilot Group PLC (TRST) has net assets worth GBX-6.73 Million GBX (≈ $-819.14 USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX127.55 Million ≈ $15.52K USD) and total liabilities (GBX134.29 Million ≈ $16.34K 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 Trustpilot Group PLC tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX-6.73 Million |
| % of Total Assets | -5.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | -111.32% |
| 10-Year Change | -123.4% |
| Growth Volatility | 280.07 |
Trustpilot Group PLC - Net Assets Trend (2015–2025)
This chart illustrates how Trustpilot Group PLC's net assets have evolved over time, based on quarterly financial data. See Trustpilot Group PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Trustpilot Group PLC (2015–2025)
The table below shows the annual net assets of Trustpilot Group PLC from 2015 to 2025. For live valuation and market cap data, see TRST company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX-6.73 Million ≈ $-819.14 |
-116.27% |
| 2024-12-31 | GBX41.39 Million ≈ $5.04K |
-34.42% |
| 2023-12-31 | GBX63.11 Million ≈ $7.68K |
+37.69% |
| 2022-12-31 | GBX45.84 Million ≈ $5.58K |
-22.91% |
| 2021-12-31 | GBX59.45 Million ≈ $7.23K |
+749.46% |
| 2020-12-31 | GBX7.00 Million ≈ $851.58 |
-51.82% |
| 2019-12-31 | GBX14.53 Million ≈ $1.77K |
+187.73% |
| 2018-12-31 | GBX-16.56 Million ≈ $-2.01K |
-343.12% |
| 2017-12-31 | GBX6.81 Million ≈ $828.70 |
-76.33% |
| 2016-12-31 | GBX28.78 Million ≈ $3.50K |
-48.31% |
| 2015-12-31 | GBX55.67 Million ≈ $6.77K |
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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 141.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX5.31 Million | % |
| Other Comprehensive Income | GBX10.54 Million | % |
| Total Equity | GBX-6.73 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 |
|---|---|
|
Value8 N.V
AS:PREVA
|
$11.84 Million |
|
Conneqt Health Limited
AU:CQT
|
$11.84 Million |
|
Connexion Mobility Ltd
AU:CXZ
|
$11.84 Million |
|
Lovable Lingerie Limited
NSE:LOVABLE
|
$11.85 Million |
|
G.M. LEATHER S.P.A.
F:N78
|
$11.83 Million |
|
Tae Won Mulsan
KO:001420
|
$11.83 Million |
|
Buxton Resources Ltd
AU:BUX
|
$11.83 Million |
|
CMO Public Company Limited
BK:CMO
|
$11.82 Million |
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 2024 to 2025, total equity changed from 41,387,000 to -6,732,451, a change of -48,119,451 (-116.3%).
- Net income of 7,920,764 contributed positively to equity growth.
- Share repurchases of 73,508,538 reduced equity.
- New share issuances of 626,000 increased equity.
- Other comprehensive income decreased equity by 143,342,162.
- Other factors increased equity by 160,184,485.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX7.92 Million | +117.65% |
| Share Repurchases | GBX73.51 Million | -1091.85% |
| Share Issuances | GBX626.00K | +9.3% |
| Other Comprehensive Income | GBX-143.34 Million | -2129.12% |
| Other Changes | GBX160.18 Million | +2379.29% |
| Total Change | GBX- | -116.27% |
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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | GBX7.48 | GBX251.60 | x |
| 2017-12-31 | GBX1.65 | GBX251.60 | x |
| 2018-12-31 | GBX-0.04 | GBX251.60 | x |
| 2019-12-31 | GBX0.04 | GBX251.60 | x |
| 2020-12-31 | GBX0.02 | GBX251.60 | x |
| 2021-12-31 | GBX0.15 | GBX251.60 | x |
| 2022-12-31 | GBX0.11 | GBX251.60 | x |
| 2023-12-31 | GBX0.14 | GBX251.60 | x |
| 2024-12-31 | GBX0.09 | GBX251.60 | x |
| 2025-12-31 | GBX-0.02 | GBX251.60 | 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.97%
- • Asset Turnover: 2.09x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-84.31%), 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 |
| 2025 | 0.00% | 2.97% | 2.09x | 0.00x | GBX8.59 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: $79,226,363
- Average return on equity (ROE) among peers: 3.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trustpilot Group PLC (TRST) | GBX-6.73 Million | -47.44% | N/A | $11.84 Million |
| Accesso Technology Group PLC (ACSO) | $181.46 Million | 1.81% | 0.42x | $1.28 Million |
| AdvancedAdvT Ltd (ADVT) | $152.14 Million | 8.06% | 0.18x | $2.51 Million |
| AIQ Ltd (AIQ) | $-76.86K | 0.00% | 0.00x | $51.22K |
| Alfa Financial Software Holdings PLC (ALFA) | $42.00 Million | 55.95% | 0.79x | $5.61 Million |
| Altitude Group Plc (ALT) | $9.43 Million | 4.14% | 0.47x | $218.12K |
| Anemoi International Ltd (AMOI) | $4.88 Million | -16.88% | 0.13x | $29.62K |
| ActiveOps PLC (AOM) | $7.87 Million | -6.32% | 2.60x | $2.26 Million |
| Aptitude Software Group PLC (APTD) | $65.07 Million | 4.34% | 0.27x | $1.42 Million |
| Arcontech Group Plc (ARC) | $2.80 Million | 16.79% | 0.68x | $124.47K |
| Auction Technology Group PLC (ATG) | $326.69 Million | -33.90% | 0.77x | $6.10 Million |
About Trustpilot Group PLC
Trustpilot Group plc develops and hosts 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 based in London, the United Kingdom.