Bending Spoons S.p.A. Ordinary Shares (BSP) - Net Assets
Based on the latest financial reports, Bending Spoons S.p.A. Ordinary Shares (BSP) has net assets worth $1.26 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.06 Billion) and total liabilities ($6.80 Billion). 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. See Bending Spoons S.p.A. Ordinary Shares net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.26 Billion |
| % of Total Assets | 15.62% |
| Annual Growth Rate | 71.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.29 |
Bending Spoons S.p.A. Ordinary Shares - Net Assets Trend (2023–2025)
This chart illustrates how Bending Spoons S.p.A. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore Bending Spoons S.p.A. Ordinary Shares annual equity growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for Bending Spoons S.p.A. Ordinary Shares (2023–2025)
The table below shows the annual net assets of Bending Spoons S.p.A. Ordinary Shares from 2023 to 2025. For live market cap and overall valuation, see BSP company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $994.86 Million | +56.24% |
| 2024-12-31 | $636.75 Million | +88.82% |
| 2023-12-31 | $337.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bending Spoons S.p.A. Ordinary Shares'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 38.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $324.64 Million | 32.63% |
| Common Stock | $1.47 Million | 0.15% |
| Other Comprehensive Income | $6.01 Million | 0.60% |
| Other Components | $662.75 Million | 66.62% |
| Total Equity | $994.86 Million | 100.00% |
Bending Spoons S.p.A. Ordinary Shares Competitors by Market Cap
The table below lists competitors of Bending Spoons S.p.A. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baxter International Inc
NYSE:BAX
|
$12.36 Billion |
|
Julius Baer Gruppe AG
SW:BAER
|
$12.36 Billion |
|
Britannia Industries Limited
NSE:BRITANNIA
|
$12.36 Billion |
|
Doosan Corp.
KO:000150
|
$12.37 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
$12.34 Billion |
|
Grab Holdings Ltd
NASDAQ:GRAB
|
$12.34 Billion |
|
Washington H Soul Pattinson & Company Ltd
AU:SOL
|
$12.34 Billion |
|
UPM-Kymmene Oyj
HE:UPM
|
$12.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bending Spoons S.p.A. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 636,221,000 to 994,863,000, a change of 358,642,000 (56.4%).
- Net loss of 136,000 reduced equity.
- New share issuances of 272,563,000 increased equity.
- Other comprehensive income increased equity by 6,007,000.
- Other factors increased equity by 80,208,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-136.00K | -0.01% |
| Share Issuances | $272.56 Million | +27.4% |
| Other Comprehensive Income | $6.01 Million | +0.6% |
| Other Changes | $80.21 Million | +8.06% |
| Total Change | $- | 56.37% |
Book Value vs Market Value Analysis
This analysis compares Bending Spoons S.p.A. Ordinary Shares'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: 22.88x
- 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 71.63x to 22.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $0.53 | $38.01 | x |
| 2024-12-31 | $1.00 | $38.01 | x |
| 2025-12-31 | $1.66 | $38.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bending Spoons S.p.A. Ordinary Shares 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): -0.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.01%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 4.78x
- Recent ROE (-0.01%) is below the historical average (20.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 47.69% | 41.54% | 0.41x | 2.78x | $127.06 Million |
| 2024 | 14.07% | 13.34% | 0.36x | 2.96x | $25.89 Million |
| 2025 | -0.01% | -0.01% | 0.27x | 4.78x | $-99.62 Million |
Industry Comparison
This section compares Bending Spoons S.p.A. Ordinary Shares's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $604,718,704
- Average return on equity (ROE) among peers: -59.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bending Spoons S.p.A. Ordinary Shares (BSP) | $1.26 Billion | 47.69% | 5.40x | $12.35 Billion |
| Adobe Systems Incorporated (ADBE) | $715.42 Million | 26.12% | 0.31x | $95.82 Billion |
| ADEIA CORP (ADEA) | $480.54 Million | 23.11% | 1.16x | $2.66 Billion |
| Automatic Data Processing Inc (ADP) | $3.23 Billion | 91.43% | 18.55x | $107.55 Billion |
| Autodesk Inc (ADSK) | $1.11 Billion | 25.98% | 0.61x | $48.93 Billion |
| AudioEye Inc (AEYE) | $696.01K | -805.71% | 6.23x | $71.03 Million |
| Agilysys Inc (AGYS) | $498.01 Million | 6.94% | 1.38x | $2.89 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $17.20 Million |
| PowerFleet, Inc. (AIOT) | $10.98 Million | -10.92% | 0.23x | $354.36 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-6.63 Million | 0.00% | 0.00x | $8.14 Million |
About Bending Spoons S.p.A. Ordinary Shares
Bending Spoons S.p.A., through its subsidiaries, acquires and transforms digital businesses in the United States, the United Kingdom, Germany, Canada, Japan, Australia, France, Brazil, Italy, and internationally. The company designs and develops software and platforms that support acquisitions, transformations, and ongoing optimizations. The company's portfolio includes AOL, which operates an ema… Read more