Gemini Space Station, Inc. Class A Common Stock (GEMI) - Net Assets
Based on the latest financial reports, Gemini Space Station, Inc. Class A Common Stock (GEMI) has net assets worth $540.87 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.81 Billion) and total liabilities ($1.27 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. Check asset resilience ratio of Gemini Space Station, Inc. Class A Commo to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $540.87 Million |
| % of Total Assets | 29.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Gemini Space Station, Inc. Class A Common Stock - Net Assets Trend (2023–2025)
This chart illustrates how Gemini Space Station, Inc. Class A Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore Gemini Space Station, Inc. Class A Commo total assets for the complete picture of this company's asset base.
Annual Net Assets for Gemini Space Station, Inc. Class A Common Stock (2023–2025)
The table below shows the annual net assets of Gemini Space Station, Inc. Class A Common Stock from 2023 to 2025. For live valuation and market cap data, see how much is Gemini Space Station, Inc. Class A Commo worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $540.87 Million | +307.24% |
| 2024-12-31 | $-260.99 Million | -137.41% |
| 2023-12-31 | $-109.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gemini Space Station, Inc. Class A Common Stock'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 74135900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $118.00K | 0.02% |
| Other Comprehensive Income | $887.00K | 0.16% |
| Other Components | $2.58 Billion | 477.58% |
| Total Equity | $540.87 Million | 100.00% |
Gemini Space Station, Inc. Class A Common Stock Competitors by Market Cap
The table below lists competitors of Gemini Space Station, Inc. Class A Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
High Tide Inc
V:HITI
|
$211.73 Million |
|
Kreditbanken A/S
CO:KRE
|
$211.84 Million |
|
Kuo Yang Construction Co Ltd
TW:2505
|
$211.91 Million |
|
Arcturus Therapeutics Holdings Inc
NASDAQ:ARCT
|
$212.04 Million |
|
PRG Corporation Public Company Limited
BK:PRG
|
$211.70 Million |
|
eGain Corporation
NASDAQ:EGAN
|
$211.69 Million |
|
Sentral REIT
KLSE:5123
|
$211.61 Million |
|
Starpharma Holdings Ltd
AU:SPL
|
$211.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gemini Space Station, Inc. Class A Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -260,994,000 to 540,873,000, a change of 801,867,000.
- Net loss of 582,813,000 reduced equity.
- New share issuances of 441,165,000 increased equity.
- Other comprehensive income decreased equity by 2,100,000.
- Other factors increased equity by 945,615,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-582.81 Million | -107.75% |
| Share Issuances | $441.17 Million | +81.57% |
| Other Comprehensive Income | $-2.10 Million | -0.39% |
| Other Changes | $945.62 Million | +174.83% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Gemini Space Station, Inc. Class A Common Stock'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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $-0.70 | $4.72 | x |
| 2024-12-31 | $-1.62 | $4.72 | x |
| 2025-12-31 | $4.62 | $4.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gemini Space Station, Inc. Class A Common Stock 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): -107.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -398.73%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 3.34x
- Recent ROE (-107.75%) is below the historical average (-35.92%), 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 | 0.00% | -325.74% | 0.08x | 0.00x | $-308.68 Million |
| 2024 | 0.00% | -111.52% | 0.09x | 0.00x | $-132.45 Million |
| 2025 | -107.75% | -398.73% | 0.08x | 3.34x | $-636.90 Million |
Industry Comparison
This section compares Gemini Space Station, Inc. Class A Common Stock's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $-508,701,727
- Average return on equity (ROE) among peers: -28.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gemini Space Station, Inc. Class A Common Stock (GEMI) | $540.87 Million | 0.00% | 2.34x | $211.73 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $395.54 Million |
| Abits Group Inc. (ABTS) | $10.38 Million | -8.98% | 0.10x | $4.02 Million |
| Sphere 3D Corp (ANY) | $1.24 Million | -345.24% | 5.78x | $4.44 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-6.80 Billion | 0.00% | 0.00x | $34.90 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $43.47 Million |
| Solowin Holdings (AXG) | $1.46 Million | -5.68% | 8.37x | $592.51 Million |
| BGC Group Inc. (BGC) | $271.69 Million | 13.29% | 0.10x | $4.05 Billion |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
| Bluemount Holdings Limited Class B Ordinary Shares (BMHL) | $18.73 Million | 4.67% | 4.46x | $49.89 Million |
About Gemini Space Station, Inc. Class A Common Stock
Gemini Space Station, Inc. develops a crypto platform to buy, sell, and store crypto assets. The company's platform offers crypto assets, including bitcoin and ether; and services, such as derivatives exchange, staking services, an over-the-counter trading desk, institutional-grade custody, stablecoin, a U.S. credit card, and a Web3 studio for NFTs (non-fungible tokens). It serves individual reta… Read more