Portage Fintech Acquisition Corporation Warrant
Perception Capital Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was formerly known as Portage Fintech Acquisition Corporation and changed its name to Per… Read more
Portage Fintech Acquisition Corporation Warrant (PFTAW) - Net Assets
Latest net assets as of September 2024: $14.16 Million USD
Based on the latest financial reports, Portage Fintech Acquisition Corporation Warrant (PFTAW) has net assets worth $14.16 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.21 Million) and total liabilities ($4.06 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 | $14.16 Million |
| % of Total Assets | 77.73% |
| Annual Growth Rate | -60.19% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.58 |
Portage Fintech Acquisition Corporation Warrant - Net Assets Trend (2021–2023)
This chart illustrates how Portage Fintech Acquisition Corporation Warrant's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Portage Fintech Acquisition Corporation Warrant (2021–2023)
The table below shows the annual net assets of Portage Fintech Acquisition Corporation Warrant from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $38.39 Million | -85.04% |
| 2022-12-31 | $256.69 Million | +6.11% |
| 2021-12-31 | $241.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Portage Fintech Acquisition Corporation Warrant'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 1392414600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.68 Million | 108.56% |
| Total Equity | $38.39 Million | 100.00% |
Portage Fintech Acquisition Corporation Warrant Competitors by Market Cap
The table below lists competitors of Portage Fintech Acquisition Corporation Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ORVANA MINERALS (O6M.SG)
STU:O6M
|
$11.23K |
|
US Lighting Group Inc
PINK:USLG
|
$11.23K |
|
Colombo Fort Investments PLC
CM:CFIN0000
|
$11.23K |
|
Road Studio S.A.
WAR:RST
|
$11.24K |
|
National company for maize products
EGX:NCMP
|
$11.21K |
|
First Tin PLC
LSE:1SN
|
$11.21K |
|
Samson International PLC
CM:SILN0000
|
$11.20K |
|
Thaiholdings JSC
VN:THD
|
$11.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Portage Fintech Acquisition Corporation Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 256,691,991 to 38,394,057, a change of -218,297,934 (-85.0%).
- Net income of 7,148,065 contributed positively to equity growth.
- Share repurchases of 229,119,437 reduced equity.
- Other factors increased equity by 3,673,438.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.15 Million | +18.62% |
| Share Repurchases | $229.12 Million | -596.76% |
| Other Changes | $3.67 Million | +9.57% |
| Total Change | $- | -85.04% |
Book Value vs Market Value Analysis
This analysis compares Portage Fintech Acquisition Corporation Warrant'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: 0.01x
- 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 |
|---|---|---|---|
| 2021-12-31 | $7.47 | $0.02 | x |
| 2022-12-31 | $7.93 | $0.02 | x |
| 2023-12-31 | $1.69 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Portage Fintech Acquisition Corporation Warrant 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): 18.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.10x
- Recent ROE (18.62%) is above the historical average (9.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.28% | 0.00% | 0.00x | 1.08x | $-16.26 Million |
| 2022 | 7.73% | 0.00% | 0.00x | 1.03x | $-5.84 Million |
| 2023 | 18.62% | 0.00% | 0.00x | 1.10x | $3.31 Million |
Industry Comparison
This section compares Portage Fintech Acquisition Corporation Warrant's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Portage Fintech Acquisition Corporation Warrant (PFTAW) | $14.16 Million | 3.28% | 0.29x | $11.21K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |