Lottery.com, Inc. Warrants
Lottery.com Inc., a digital publisher, provides lottery data results, jackpots, results, and other data. It delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations. The company is headquartered in Spicewood, Texas.
Lottery.com, Inc. Warrants (LTRYW) - Net Assets
Latest net assets as of June 2024: $32.69 Million USD
Based on the latest financial reports, Lottery.com, Inc. Warrants (LTRYW) has net assets worth $32.69 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($62.09 Million) and total liabilities ($29.40 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 | $32.69 Million |
| % of Total Assets | 52.65% |
| Annual Growth Rate | -28.47% |
| 5-Year Change | 86.73% |
| 10-Year Change | N/A |
| Growth Volatility | 310.49 |
Lottery.com, Inc. Warrants - Net Assets Trend (2018–2023)
This chart illustrates how Lottery.com, Inc. Warrants's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lottery.com, Inc. Warrants (2018–2023)
The table below shows the annual net assets of Lottery.com, Inc. Warrants from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $38.05 Million | -38.45% |
| 2022-12-31 | $61.82 Million | -54.88% |
| 2021-12-31 | $137.01 Million | +723.60% |
| 2020-12-31 | $16.63 Million | -18.36% |
| 2019-12-31 | $20.38 Million | -89.97% |
| 2018-12-31 | $203.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lottery.com, Inc. Warrants'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 16776.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.88K | 0.01% |
| Other Comprehensive Income | $-144.73K | -0.40% |
| Other Components | $269.69 Million | 753.56% |
| Total Equity | $35.79 Million | 100.00% |
Lottery.com, Inc. Warrants Competitors by Market Cap
The table below lists competitors of Lottery.com, Inc. Warrants ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seach Medical Group Ltd
TA:SEMG
|
$278.78K |
|
UNITED INTERNET N - Dusseldorf Stock Exchang
DU:UTDI
|
$278.92K |
|
CannAssist International Corp
OTCQB:XESP
|
$279.11K |
|
ARCADIS (HIJ2.SG)
STU:HIJ2
|
$279.22K |
|
Shoal Point Energy Ltd
PINK:SHPNF
|
$278.66K |
|
CAQ Holdings Ltd
AU:CAQ
|
$278.52K |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
$278.27K |
|
Comjoyful International Company
PINK:KJFI
|
$278.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lottery.com, Inc. Warrants's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 59,416,309 to 35,789,077, a change of -23,627,232 (-39.8%).
- Net loss of 25,537,315 reduced equity.
- Other comprehensive income decreased equity by 148,351.
- Other factors increased equity by 2,058,434.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-25.54 Million | -71.36% |
| Other Comprehensive Income | $-148.35K | -0.41% |
| Other Changes | $2.06 Million | +5.75% |
| Total Change | $- | -39.77% |
Book Value vs Market Value Analysis
This analysis compares Lottery.com, Inc. Warrants'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $10.42 | $0.01 | x |
| 2019-12-31 | $34.05 | $0.01 | x |
| 2020-12-31 | $14.68 | $0.01 | x |
| 2021-12-31 | $103.36 | $0.01 | x |
| 2022-12-31 | $23.56 | $0.01 | x |
| 2023-12-31 | $13.24 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lottery.com, Inc. Warrants 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): -71.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -393.93%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.84x
- Recent ROE (-71.36%) is below the historical average (-39.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 28.08% | 0.00% | 0.00x | 41.81x | $904.08K |
| 2019 | -53.18% | -574.16% | 0.05x | 2.05x | $-12.87 Million |
| 2020 | -34.94% | -77.92% | 0.15x | 3.05x | $-7.48 Million |
| 2021 | -6.92% | -13.57% | 0.47x | 1.10x | $-22.73 Million |
| 2022 | -101.63% | -890.73% | 0.09x | 1.34x | $-66.32 Million |
| 2023 | -71.36% | -393.93% | 0.10x | 1.84x | $-29.12 Million |
Industry Comparison
This section compares Lottery.com, Inc. Warrants's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $801,162,083
- Average return on equity (ROE) among peers: 8.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lottery.com, Inc. Warrants (LTRYW) | $32.69 Million | 28.08% | 0.90x | $278.66K |
| Apple iSports Group Inc (AAPI) | $-5.31 Million | 0.00% | 0.00x | $44.40 Million |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $465.17 Million |
| PlayAGS Inc (AGS) | $135.80 Million | -15.35% | 4.39x | $436.80 Million |
| AGTech Holdings Limited (AGTEF) | $2.30 Billion | 14.45% | 0.75x | $48.64 Million |
| Ainsworth Game Technology Limited (AINSF) | $320.24 Million | 1.65% | 0.33x | $27.14 Million |
| Aristocrat Leisure Limited (ARLUF) | $1.73 Billion | 31.32% | 2.37x | $20.17 Billion |
| Bragg Gaming Group Inc (BRAG) | $70.25 Million | -5.46% | 0.47x | $32.17 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $116.29K |
| Betsson AB (BTSBF) | $759.20 Million | 23.35% | 0.58x | $1.61 Billion |
| Betsson AB (publ) (BTSNY) | $759.20 Million | 23.35% | 0.58x | $1.39 Billion |