Lendway Inc.
Lendway, Inc., a specialty agricultural company, through its subsidiaries, focuses on making and managing its agricultural investments in the United States and internationally. It produces and sells fresh-cut tulips. The company was formerly known as Insignia Systems, Inc. and changed its name to Lendway, Inc. in August 2023. Lendway, Inc. was incorporated in 1990 and is headquartered in Minneapo… Read more
Lendway Inc. (LDWY) - Net Assets
Latest net assets as of December 2025: $8.93 Million USD
Based on the latest financial reports, Lendway Inc. (LDWY) has net assets worth $8.93 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 ($105.61 Million) and total liabilities ($96.67 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 | $8.93 Million |
| % of Total Assets | 8.46% |
| Annual Growth Rate | 3.95% |
| 5-Year Change | 179.74% |
| 10-Year Change | -40.88% |
| Growth Volatility | 81.57 |
Lendway Inc. - Net Assets Trend (1990–2025)
This chart illustrates how Lendway 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 Lendway Inc. (1990–2025)
The table below shows the annual net assets of Lendway Inc. from 1990 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.93 Million | -24.90% |
| 2024-12-31 | $11.89 Million | -23.42% |
| 2023-12-31 | $15.53 Million | +15.90% |
| 2022-12-31 | $13.40 Million | +319.70% |
| 2021-12-31 | $3.19 Million | -52.11% |
| 2020-12-31 | $6.67 Million | -39.84% |
| 2019-12-31 | $11.08 Million | -32.09% |
| 2018-12-31 | $16.32 Million | +9.97% |
| 2017-12-31 | $14.84 Million | -1.77% |
| 2016-12-31 | $15.11 Million | -38.88% |
| 2015-12-31 | $24.72 Million | +0.66% |
| 2014-12-31 | $24.56 Million | -6.16% |
| 2013-12-31 | $26.17 Million | -1.23% |
| 2012-12-31 | $26.50 Million | -4.90% |
| 2011-12-31 | $27.86 Million | +44.66% |
| 2010-12-31 | $19.26 Million | +64.81% |
| 2009-12-31 | $11.69 Million | +60.71% |
| 2008-12-31 | $7.27 Million | -24.86% |
| 2007-12-31 | $9.68 Million | +99.03% |
| 2006-12-31 | $4.86 Million | +134.65% |
| 2005-12-31 | $2.07 Million | -61.15% |
| 2004-12-31 | $5.33 Million | -31.82% |
| 2003-12-31 | $7.82 Million | -30.52% |
| 2002-12-31 | $11.26 Million | +247.58% |
| 2001-12-31 | $3.24 Million | +23.99% |
| 2000-12-31 | $2.61 Million | +30.61% |
| 1999-12-31 | $2.00 Million | -16.67% |
| 1998-12-31 | $2.40 Million | -36.84% |
| 1997-12-31 | $3.80 Million | -9.52% |
| 1996-12-31 | $4.20 Million | -17.65% |
| 1995-12-31 | $5.10 Million | -20.31% |
| 1994-12-31 | $6.40 Million | -11.11% |
| 1993-12-31 | $7.20 Million | +5.88% |
| 1992-12-31 | $6.80 Million | +9.68% |
| 1991-12-31 | $6.20 Million | +169.57% |
| 1990-12-31 | $2.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lendway 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 783800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.00K | 0.24% |
| Other Comprehensive Income | $822.00K | 11.55% |
| Other Components | $16.31 Million | 229.29% |
| Total Equity | $7.12 Million | 100.00% |
Lendway Inc. Competitors by Market Cap
The table below lists competitors of Lendway Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Age Exploration Ltd
AU:NAE
|
$4.25 Million |
|
Rhone Ma Holdings Bhd
KLSE:5278
|
$4.26 Million |
|
Direct Finance TA
TA:DIFI
|
$4.26 Million |
|
Minaean SP Construction Corp
V:MSP
|
$4.26 Million |
|
Mynaric AG
PINK:MOYFF
|
$4.25 Million |
|
Indo Acidatama Tbk
JK:SRSN
|
$4.25 Million |
|
Oronova Energy Inc
V:ONV-H
|
$4.25 Million |
|
Cardiex Ltd
AU:CDX
|
$4.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lendway Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,840,000 to 7,115,000, a change of -2,725,000 (-27.7%).
- Net loss of 3,634,000 reduced equity.
- Other comprehensive income increased equity by 831,000.
- Other factors increased equity by 78,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.63 Million | -51.08% |
| Other Comprehensive Income | $831.00K | +11.68% |
| Other Changes | $78.00K | +1.1% |
| Total Change | $- | -27.69% |
Book Value vs Market Value Analysis
This analysis compares Lendway 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: 1.00x
- 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 0.61x to 1.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $6.66 | $4.03 | x |
| 1991-12-31 | $10.35 | $4.03 | x |
| 1992-12-31 | $9.52 | $4.03 | x |
| 1993-12-31 | $8.82 | $4.03 | x |
| 1994-12-31 | $8.46 | $4.03 | x |
| 1995-12-31 | $6.43 | $4.03 | x |
| 1996-12-31 | $5.29 | $4.03 | x |
| 1997-12-31 | $3.91 | $4.03 | x |
| 1998-12-31 | $2.18 | $4.03 | x |
| 1999-12-31 | $1.59 | $4.03 | x |
| 2000-12-31 | $1.85 | $4.03 | x |
| 2001-12-31 | $1.95 | $4.03 | x |
| 2002-12-31 | $6.68 | $4.03 | x |
| 2003-12-31 | $4.47 | $4.03 | x |
| 2004-12-31 | $2.94 | $4.03 | x |
| 2005-12-31 | $0.97 | $4.03 | x |
| 2006-12-31 | $2.19 | $4.03 | x |
| 2007-12-31 | $4.19 | $4.03 | x |
| 2008-12-31 | $3.29 | $4.03 | x |
| 2009-12-31 | $5.16 | $4.03 | x |
| 2010-12-31 | $7.96 | $4.03 | x |
| 2011-12-31 | $12.57 | $4.03 | x |
| 2012-12-31 | $13.63 | $4.03 | x |
| 2013-12-31 | $13.65 | $4.03 | x |
| 2014-12-31 | $16.30 | $4.03 | x |
| 2015-12-31 | $14.17 | $4.03 | x |
| 2016-12-31 | $9.09 | $4.03 | x |
| 2017-12-31 | $8.87 | $4.03 | x |
| 2018-12-31 | $9.51 | $4.03 | x |
| 2019-12-31 | $6.50 | $4.03 | x |
| 2020-12-31 | $3.85 | $4.03 | x |
| 2021-12-31 | $1.81 | $4.03 | x |
| 2022-12-31 | $7.48 | $4.03 | x |
| 2023-12-31 | $8.72 | $4.03 | x |
| 2024-12-31 | $5.56 | $4.03 | x |
| 2025-12-31 | $4.02 | $4.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lendway 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): -51.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.65%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 14.84x
- Recent ROE (-51.08%) is below the historical average (-20.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | -95.65% | -244.44% | 0.31x | 1.26x | $-2.43 Million |
| 1991 | -20.97% | -19.70% | 0.92x | 1.16x | $-1.92 Million |
| 1992 | 7.35% | 4.46% | 1.40x | 1.18x | $-180.00K |
| 1993 | 5.56% | 2.82% | 1.75x | 1.13x | $-320.00K |
| 1994 | -14.06% | -5.52% | 2.01x | 1.27x | $-1.54 Million |
| 1995 | -29.41% | -9.68% | 2.28x | 1.33x | $-2.01 Million |
| 1996 | -23.81% | -6.80% | 2.30x | 1.52x | $-1.42 Million |
| 1997 | -89.47% | -25.56% | 2.25x | 1.55x | $-3.78 Million |
| 1998 | -141.67% | -39.08% | 2.12x | 1.71x | $-3.64 Million |
| 1999 | -70.00% | -15.05% | 2.33x | 2.00x | $-1.60 Million |
| 2000 | -31.53% | -6.42% | 2.53x | 1.94x | $-1.08 Million |
| 2001 | 3.74% | 0.61% | 3.01x | 2.05x | $-202.90K |
| 2002 | 2.96% | 1.34% | 1.48x | 1.49x | $-792.80K |
| 2003 | -54.36% | -16.27% | 2.24x | 1.49x | $-5.03 Million |
| 2004 | -91.09% | -23.14% | 2.12x | 1.86x | $-5.39 Million |
| 2005 | -159.65% | -16.88% | 2.94x | 3.22x | $-3.52 Million |
| 2006 | 49.28% | 10.94% | 2.55x | 1.77x | $1.91 Million |
| 2007 | 24.21% | 9.59% | 1.83x | 1.38x | $1.38 Million |
| 2008 | -31.04% | -7.19% | 2.01x | 2.14x | $-2.98 Million |
| 2009 | 31.80% | 12.92% | 1.61x | 1.53x | $2.55 Million |
| 2010 | 34.25% | 21.98% | 1.22x | 1.28x | $4.67 Million |
| 2011 | 183.38% | 296.46% | 0.50x | 1.24x | $48.30 Million |
| 2012 | -6.13% | -8.05% | 0.64x | 1.20x | $-4.27 Million |
| 2013 | 5.27% | 4.97% | 0.88x | 1.21x | $-1.24 Million |
| 2014 | 0.86% | 0.80% | 0.86x | 1.24x | $-2.24 Million |
| 2015 | 6.21% | 5.44% | 0.89x | 1.28x | $-938.00K |
| 2016 | -8.51% | -5.16% | 0.88x | 1.87x | $-2.80 Million |
| 2017 | -4.31% | -2.42% | 1.20x | 1.48x | $-2.12 Million |
| 2018 | 8.57% | 4.21% | 1.38x | 1.48x | $-233.00K |
| 2019 | -45.30% | -22.87% | 1.29x | 1.53x | $-6.13 Million |
| 2020 | -64.49% | -24.34% | 1.24x | 2.14x | $-4.97 Million |
| 2021 | -110.68% | -18.12% | 1.83x | 3.34x | $-3.85 Million |
| 2022 | 74.96% | 53.44% | 0.90x | 1.56x | $8.71 Million |
| 2023 | 15.54% | 12.84% | 1.13x | 1.07x | $860.80K |
| 2024 | -58.36% | -15.20% | 0.38x | 10.16x | $-6.73 Million |
| 2025 | -51.08% | -7.65% | 0.45x | 14.84x | $-4.35 Million |
Industry Comparison
This section compares Lendway Inc.'s net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lendway Inc. (LDWY) | $8.93 Million | -95.65% | 10.82x | $4.25 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |