Innodata Inc (INOD) - Net Assets
Based on the latest financial reports, Innodata Inc (INOD) has net assets worth $128.18 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($210.41 Million) and total liabilities ($82.23 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. Check Innodata Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $128.18 Million |
| % of Total Assets | 60.92% |
| Annual Growth Rate | 8.49% |
| 5-Year Change | 305.46% |
| 10-Year Change | 255.1% |
| Growth Volatility | 37.63 |
Innodata Inc - Net Assets Trend (1993–2025)
This chart illustrates how Innodata Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Innodata Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Innodata Inc (1993–2025)
The table below shows the annual net assets of Innodata Inc from 1993 to 2025. For live valuation and market cap data, see INOD company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $107.06 Million | +68.90% |
| 2024-12-31 | $63.39 Million | +153.61% |
| 2023-12-31 | $25.00 Million | +38.51% |
| 2022-12-31 | $18.05 Million | -31.66% |
| 2021-12-31 | $26.41 Million | +0.59% |
| 2020-12-31 | $26.25 Million | +18.70% |
| 2019-12-31 | $22.11 Million | -18.47% |
| 2018-12-31 | $27.13 Million | -0.20% |
| 2017-12-31 | $27.18 Million | -9.85% |
| 2016-12-31 | $30.15 Million | -13.12% |
| 2015-12-31 | $34.70 Million | -4.33% |
| 2014-12-31 | $36.27 Million | -0.14% |
| 2013-12-31 | $36.32 Million | -25.73% |
| 2012-12-31 | $48.91 Million | +20.45% |
| 2011-12-31 | $40.61 Million | +2.96% |
| 2010-12-31 | $39.44 Million | -3.77% |
| 2009-12-31 | $40.98 Million | +35.77% |
| 2008-12-31 | $30.19 Million | +29.95% |
| 2007-12-31 | $23.23 Million | +22.21% |
| 2006-12-31 | $19.01 Million | -29.11% |
| 2005-12-31 | $26.81 Million | +0.29% |
| 2004-12-31 | $26.74 Million | +53.63% |
| 2003-12-31 | $17.40 Million | +11.79% |
| 2002-12-31 | $15.57 Million | -23.54% |
| 2001-12-31 | $20.36 Million | +5.41% |
| 2000-12-31 | $19.32 Million | +65.10% |
| 1999-12-31 | $11.70 Million | +56.00% |
| 1998-12-31 | $7.50 Million | +41.51% |
| 1997-12-31 | $5.30 Million | -44.21% |
| 1996-12-31 | $9.50 Million | -2.06% |
| 1995-12-31 | $9.70 Million | +16.87% |
| 1994-12-31 | $8.30 Million | +5.06% |
| 1993-12-31 | $7.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Innodata 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 grown by 5584.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $51.16 Million | 47.78% |
| Common Stock | $355.00K | 0.33% |
| Other Comprehensive Income | $-2.12 Million | -1.98% |
| Other Components | $57.66 Million | 53.86% |
| Total Equity | $107.06 Million | 100.00% |
Innodata Inc Competitors by Market Cap
The table below lists competitors of Innodata Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rev Group Inc
NYSE:REVG
|
$3.12 Billion |
|
Hayward Holdings Inc
NYSE:HAYW
|
$3.12 Billion |
|
Nicolet Bankshares Inc.
NYSE:NIC
|
$3.12 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
$3.12 Billion |
|
Kirloskar Oil Engines Limited
NSE:KIRLOSENG
|
$3.12 Billion |
|
Grand Plastic Technology
TWO:3131
|
$3.12 Billion |
|
Shufersal
TA:SAE
|
$3.12 Billion |
|
CRRC Corporation Limited
F:C2L
|
$3.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Innodata Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 63,472,000 to 107,062,000, a change of 43,590,000 (68.7%).
- Net income of 32,181,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 354,000.
- Other factors increased equity by 11,055,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.18 Million | +30.06% |
| Other Comprehensive Income | $354.00K | +0.33% |
| Other Changes | $11.05 Million | +10.33% |
| Total Change | $- | 68.68% |
Book Value vs Market Value Analysis
This analysis compares Innodata 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: 31.24x
- 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 507.67x to 31.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.19 | $95.50 | x |
| 1994-12-31 | $0.20 | $95.50 | x |
| 1995-12-31 | $0.55 | $95.50 | x |
| 1996-12-31 | $0.51 | $95.50 | x |
| 1997-12-31 | $0.30 | $95.50 | x |
| 1998-12-31 | $0.42 | $95.50 | x |
| 1999-12-31 | $0.59 | $95.50 | x |
| 2000-12-31 | $0.84 | $95.50 | x |
| 2001-12-31 | $0.76 | $95.50 | x |
| 2002-12-31 | $0.72 | $95.50 | x |
| 2003-12-31 | $0.73 | $95.50 | x |
| 2004-12-31 | $1.08 | $95.50 | x |
| 2005-12-31 | $1.17 | $95.50 | x |
| 2006-12-31 | $0.79 | $95.50 | x |
| 2007-12-31 | $0.92 | $95.50 | x |
| 2008-12-31 | $1.20 | $95.50 | x |
| 2009-12-31 | $1.59 | $95.50 | x |
| 2010-12-31 | $1.56 | $95.50 | x |
| 2011-12-31 | $1.62 | $95.50 | x |
| 2012-12-31 | $1.93 | $95.50 | x |
| 2013-12-31 | $1.60 | $95.50 | x |
| 2014-12-31 | $1.55 | $95.50 | x |
| 2015-12-31 | $1.50 | $95.50 | x |
| 2016-12-31 | $1.32 | $95.50 | x |
| 2017-12-31 | $1.21 | $95.50 | x |
| 2018-12-31 | $1.18 | $95.50 | x |
| 2019-12-31 | $0.99 | $95.50 | x |
| 2020-12-31 | $1.16 | $95.50 | x |
| 2021-12-31 | $0.99 | $95.50 | x |
| 2022-12-31 | $0.66 | $95.50 | x |
| 2023-12-31 | $0.91 | $95.50 | x |
| 2024-12-31 | $1.97 | $95.50 | x |
| 2025-12-31 | $3.06 | $95.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Innodata 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): 30.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.79%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.57x
- Recent ROE (30.06%) is above the historical average (-0.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 5.06% | 4.17% | 1.07x | 1.14x | $-390.00K |
| 1994 | 3.61% | 2.10% | 1.42x | 1.22x | $-530.00K |
| 1995 | 15.46% | 7.21% | 1.66x | 1.29x | $530.00K |
| 1996 | -6.32% | -2.93% | 1.65x | 1.31x | $-1.55 Million |
| 1997 | -79.25% | -20.90% | 2.01x | 1.89x | $-4.73 Million |
| 1998 | 30.67% | 11.73% | 1.85x | 1.41x | $1.55 Million |
| 1999 | 17.95% | 7.64% | 1.76x | 1.33x | $930.00K |
| 2000 | 31.93% | 12.16% | 1.82x | 1.45x | $4.24 Million |
| 2001 | 6.62% | 2.31% | 1.94x | 1.48x | $-688.20K |
| 2002 | -33.17% | -14.20% | 1.60x | 1.46x | $-6.72 Million |
| 2003 | 2.73% | 1.29% | 1.46x | 1.44x | $-1.27 Million |
| 2004 | 29.39% | 14.56% | 1.45x | 1.39x | $5.18 Million |
| 2005 | -6.16% | -3.93% | 1.12x | 1.40x | $-4.33 Million |
| 2006 | -38.52% | -17.88% | 1.35x | 1.60x | $-9.22 Million |
| 2007 | 19.66% | 6.74% | 1.76x | 1.66x | $2.24 Million |
| 2008 | 25.12% | 10.11% | 1.65x | 1.50x | $4.57 Million |
| 2009 | 17.84% | 9.22% | 1.48x | 1.31x | $3.21 Million |
| 2010 | -1.89% | -1.21% | 1.18x | 1.32x | $-4.69 Million |
| 2011 | 11.01% | 6.05% | 1.24x | 1.46x | $410.30K |
| 2012 | 14.80% | 8.63% | 1.31x | 1.31x | $2.42 Million |
| 2013 | -26.60% | -16.55% | 1.29x | 1.25x | $-14.63 Million |
| 2014 | -2.48% | -1.65% | 1.08x | 1.40x | $-4.90 Million |
| 2015 | -7.40% | -4.83% | 1.14x | 1.34x | $-6.65 Million |
| 2016 | -16.35% | -8.76% | 1.33x | 1.41x | $-8.90 Million |
| 2017 | -16.24% | -8.30% | 1.27x | 1.54x | $-8.17 Million |
| 2018 | -0.83% | -0.44% | 1.25x | 1.51x | $-3.31 Million |
| 2019 | -8.39% | -3.83% | 1.13x | 1.94x | $-4.70 Million |
| 2020 | 2.08% | 1.06% | 1.02x | 1.93x | $-2.35 Million |
| 2021 | -6.34% | -2.40% | 1.18x | 2.24x | $-4.31 Million |
| 2022 | -66.14% | -15.11% | 1.64x | 2.66x | $-13.74 Million |
| 2023 | -3.53% | -1.05% | 1.46x | 2.31x | $-3.48 Million |
| 2024 | 45.15% | 16.81% | 1.50x | 1.79x | $22.31 Million |
| 2025 | 30.06% | 12.79% | 1.49x | 1.57x | $21.47 Million |
Industry Comparison
This section compares Innodata Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $824,863,910
- Average return on equity (ROE) among peers: -5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Innodata Inc (INOD) | $128.18 Million | 5.06% | 0.64x | $3.12 Billion |
| Accenture plc (ACN) | $2.68 Billion | 35.12% | 2.34x | $78.76 Billion |
| Alithya Group Inc (ALYAF) | $184.56 Million | 0.70% | 1.31x | $63.55 Million |
| Applied Digital Corporation (APLD) | $4.39 Million | -5.99% | 0.46x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $7.98 Million |
| ASGN Inc (ASGN) | $1.38 Billion | 12.69% | 1.14x | $897.55 Million |
| Aurora Innovation Inc (AUR) | $1.99 Billion | -40.10% | 0.13x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $-37.87 Million | 0.00% | 0.00x | $1.88 Billion |
| Broadridge Financial Solutions Inc (BR) | $1.05 Billion | 29.41% | 1.75x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $81.97 Million | -111.49% | 0.25x | $18.91 Million |
| CACI International Inc (CACI) | $612.19 Million | 13.94% | 0.97x | $10.30 Billion |
About Innodata Inc
Innodata Inc. operates as a data engineering company in the United States, the United Kingdom, the Netherlands, Canada, Germany, Belgium, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) training and post-training data, model evaluation, alignment, safety, … Read more