RDE, Inc. (GIFT) - Net Assets
Based on the latest financial reports, RDE, Inc. (GIFT) has net assets worth $21.18 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.14 Million) and total liabilities ($10.96 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 | $21.18 Million |
| % of Total Assets | 65.89% |
| Annual Growth Rate | 15.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 133.1 |
RDE, Inc. - Net Assets Trend (1998–2024)
This chart illustrates how RDE, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RDE, Inc. (1998–2024)
The table below shows the annual net assets of RDE, Inc. from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.76 Million | -14.63% |
| 2023-12-31 | $24.32 Million | +214.11% |
| 2022-12-31 | $-21.31 Million | -605.82% |
| 2021-12-31 | $-3.02 Million | -15.88% |
| 2020-12-31 | $-2.61 Million | +66.70% |
| 2019-12-31 | $-7.83 Million | -248.70% |
| 2018-12-31 | $5.26 Million | +2192.09% |
| 2017-12-31 | $-251.57K | +90.84% |
| 2005-12-31 | $-2.75 Million | +47.94% |
| 2004-12-31 | $-5.28 Million | -115.02% |
| 2003-12-31 | $-2.45 Million | +61.06% |
| 2002-12-31 | $-6.30 Million | -12.39% |
| 2001-12-31 | $-5.61 Million | -385.53% |
| 2000-12-31 | $1.96 Million | +566.41% |
| 1999-12-31 | $-420.96K | -190.29% |
| 1998-12-31 | $466.25K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RDE, 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 decreased by 8446978500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.02K | 0.13% |
| Other Comprehensive Income | $350.84K | 1.69% |
| Other Components | $108.68 Million | 523.44% |
| Total Equity | $20.76 Million | 100.00% |
RDE, Inc. Competitors by Market Cap
The table below lists competitors of RDE, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Microfriend Inc
KQ:147760
|
$23.54 Million |
|
PARKMEAD GROUP LS-015
F:LYK1
|
$23.55 Million |
|
Global Masters Fund Ltd
AU:GFL
|
$23.55 Million |
|
Wolftank Group AG
XETRA:WAH
|
$23.56 Million |
|
Thunder Bridge Capital Partners IV Inc
NASDAQ:THCP
|
$23.53 Million |
|
Neuroscientific Biopharmaceuticals Ltd
AU:NSB
|
$23.53 Million |
|
2B INTELLIGENT SOFT S.A.
RO:BENTO
|
$23.53 Million |
|
M.K. Real Estate Development Public Company Limited
BK:MK
|
$23.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RDE, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,321,194 to 20,762,336, a change of -3,558,858 (-14.6%).
- Net loss of 18,832,080 reduced equity.
- New share issuances of 3,507,585 increased equity.
- Other comprehensive income decreased equity by 32,500.
- Other factors increased equity by 11,798,137.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.83 Million | -90.7% |
| Share Issuances | $3.51 Million | +16.89% |
| Other Comprehensive Income | $-32.50K | -0.16% |
| Other Changes | $11.80 Million | +56.82% |
| Total Change | $- | -14.63% |
Book Value vs Market Value Analysis
This analysis compares RDE, 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: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $1618.92 | $1.05 | x |
| 1999-12-31 | $-1371.20 | $1.05 | x |
| 2000-12-31 | $5235.67 | $1.05 | x |
| 2001-12-31 | $-7555.24 | $1.05 | x |
| 2002-12-31 | $-8491.19 | $1.05 | x |
| 2003-12-31 | $-682.27 | $1.05 | x |
| 2004-12-31 | $-892.92 | $1.05 | x |
| 2005-12-31 | $-479.63 | $1.05 | x |
| 2016-12-31 | $-5.35 | $1.05 | x |
| 2017-12-31 | $-1.37 | $1.05 | x |
| 2018-12-31 | $3.40 | $1.05 | x |
| 2019-12-31 | $-2.63 | $1.05 | x |
| 2020-12-31 | $-0.42 | $1.05 | x |
| 2021-12-31 | $-0.25 | $1.05 | x |
| 2022-12-31 | $-1.55 | $1.05 | x |
| 2023-12-31 | $1.53 | $1.05 | x |
| 2024-12-31 | $0.81 | $1.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RDE, 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): -90.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.18%
- • Asset Turnover: 2.51x
- • Equity Multiplier: 1.71x
- Recent ROE (-90.70%) is below the historical average (-47.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -671.53% | -82.90% | 1.60x | 5.05x | $-3.18 Million |
| 1999 | 0.00% | -31.36% | 6.45x | 0.00x | $-1.33 Million |
| 2000 | 0.64% | 0.23% | 1.91x | 1.47x | $-183.69K |
| 2001 | 0.00% | -204.50% | 1.57x | 0.00x | $-12.71 Million |
| 2002 | 0.00% | -24.81% | 3.30x | 0.00x | $-1.54 Million |
| 2003 | 0.00% | -41.47% | 0.96x | 0.00x | $-3.43 Million |
| 2004 | 0.00% | -31645.32% | 0.01x | 0.00x | $-7.16 Million |
| 2005 | 0.00% | -34668.62% | 0.01x | 0.00x | $-10.92 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $27.14K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-649.84K |
| 2018 | -22.42% | -208.11% | 0.05x | 2.33x | $-1.71 Million |
| 2019 | 0.00% | -337.40% | 7.06x | 0.00x | $-13.20 Million |
| 2020 | 0.00% | -142.77% | 1.01x | 0.00x | $-3.52 Million |
| 2021 | 0.00% | -150.18% | 1.32x | 0.00x | $-4.69 Million |
| 2022 | 0.00% | -8.58% | 7.38x | 0.00x | $-6.19 Million |
| 2023 | -21.15% | -5.90% | 2.19x | 1.63x | $-7.58 Million |
| 2024 | -90.70% | -21.18% | 2.51x | 1.71x | $-20.91 Million |
Industry Comparison
This section compares RDE, Inc.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $5,673,770,476
- Average return on equity (ROE) among peers: 6.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RDE, Inc. (GIFT) | $21.18 Million | -671.53% | 0.52x | $23.53 Million |
| ADWYF (ADWYF) | $12.45 Billion | 1.32% | 0.53x | $40.28 Million |
| Allied Energy Inc (AGGI) | $-1.09 Million | 0.00% | 0.00x | $122.37 Million |
| Calibre (ALWIN) | $16.63 Million | -38.27% | 2.23x | $11.23 Million |
| ANGI Homeservices Inc (ANGI) | $-22.17 Million | 0.00% | 0.00x | $274.72 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.08K |
| Arena Group Holdings Inc (AREN) | $2.87 Million | 171.92% | 0.11x | $92.56 Million |
| Autohome Inc (ATHM) | $3.38 Billion | 13.49% | 0.04x | $2.12 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $609.77 |
| BDCTF (BDCTF) | $7.45 Million | -105.68% | 3.56x | $12.72 Million |
| Baidu Inc (BIDU) | $40.67 Billion | 25.87% | 0.75x | $30.16 Billion |
About RDE, Inc.
Giftify, Inc. owns and operates a restaurant deal space in the United States. The company operates Restaurant.com that connects digital consumers, businesses, and communities with dining and merchant deal options at restaurants and retailers. It also sells discount certificates for restaurants, as well as complementary entertainment and travel offerings, and consumer products. In addition, the co… Read more