Kindly MD, Inc.
Nakamoto Inc. develops and invests in a global portfolio of Bitcoin-native companies. The company provides commercial and financial infrastructure for the capital markets. The company was formerly known as Kindly MD, Inc. and change its name to Nakamoto Inc. in January 2026. The company was incorporated in 2019 and is based in Nashville, Tennessee.
Kindly MD, Inc. (NAKA) - Net Assets
Latest net assets as of September 2025: $477.56 Million USD
Based on the latest financial reports, Kindly MD, Inc. (NAKA) has net assets worth $477.56 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 ($692.42 Million) and total liabilities ($214.86 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 | $477.56 Million |
| % of Total Assets | 68.97% |
| Annual Growth Rate | 111.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 83.99 |
Kindly MD, Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Kindly MD, 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 Kindly MD, Inc. (2021–2024)
The table below shows the annual net assets of Kindly MD, Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.57 Million | +2469.03% |
| 2023-12-31 | $-108.41K | -128.45% |
| 2022-12-31 | $381.01K | +39.52% |
| 2021-12-31 | $273.09K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kindly MD, 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 777570100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.05K | 0.24% |
| Other Components | $10.34 Million | 402.52% |
| Total Equity | $2.57 Million | 100.00% |
Kindly MD, Inc. Competitors by Market Cap
The table below lists competitors of Kindly MD, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Desktop - Sigmanet Comunicação Multimídia S.A.
SA:DESK3
|
$71.45 Million |
|
D.B.Corp Limited
NSE:DBCORP
|
$71.45 Million |
|
Sunstone Metals Ltd
AU:STM
|
$71.48 Million |
|
Motomova Inc.
PINK:MTMV
|
$71.48 Million |
|
Hf Foods Group Inc
NASDAQ:HFFG
|
$71.43 Million |
|
Patec Precision Industry Co Ltd
TW:2236
|
$71.43 Million |
|
Kwan's International Co., Ltd.
TWO:6101
|
$71.43 Million |
|
Frequency Therapeutics Inc
NASDAQ:KRRO
|
$71.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kindly MD, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -108,412 to 2,568,310, a change of 2,676,722.
- Net loss of 3,617,647 reduced equity.
- Share repurchases of 22,145 reduced equity.
- New share issuances of 5,860,650 increased equity.
- Other factors increased equity by 455,864.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.62 Million | -140.86% |
| Share Repurchases | $22.14K | -0.86% |
| Share Issuances | $5.86 Million | +228.19% |
| Other Changes | $455.86K | +17.75% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Kindly MD, 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: 0.55x
- 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.
- The price-to-book ratio has decreased from 5.67x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.05 | $0.26 | x |
| 2022-12-31 | $0.06 | $0.26 | x |
| 2023-12-31 | $-0.02 | $0.26 | x |
| 2024-12-31 | $0.48 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kindly MD, 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): -140.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -133.01%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.43x
- Recent ROE (-140.86%) is above the historical average (-188.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 54.68% | 5.96% | 5.59x | 1.64x | $122.03K |
| 2022 | -666.80% | -67.09% | 4.00x | 2.49x | $-2.58 Million |
| 2023 | 0.00% | -42.92% | 3.43x | 0.00x | $-1.61 Million |
| 2024 | -140.86% | -133.01% | 0.74x | 1.43x | $-3.87 Million |
Industry Comparison
This section compares Kindly MD, Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kindly MD, Inc. (NAKA) | $477.56 Million | 54.68% | 0.45x | $71.44 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |