Phunware Inc
Phunware, Inc., together with its subsidiaries, provides integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. It operates through two segments: software subscriptions and services and advertising. The company's products and services include mobile … Read more
Phunware Inc (PHUN) - Net Assets
Latest net assets as of September 2025: $98.33 Million USD
Based on the latest financial reports, Phunware Inc (PHUN) has net assets worth $98.33 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 ($105.64 Million) and total liabilities ($7.32 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 | $98.33 Million |
| % of Total Assets | 93.08% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | N/A |
| 10-Year Change | 55.6% |
| Growth Volatility | 76.05 |
Phunware Inc - Net Assets Trend (2016–2024)
This chart illustrates how Phunware 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 Phunware Inc (2016–2024)
The table below shows the annual net assets of Phunware Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $107.18 Million | +1035.52% |
| 2023-12-31 | $-11.46 Million | -146.05% |
| 2022-12-31 | $24.88 Million | -61.88% |
| 2021-12-31 | $65.28 Million | +3398.48% |
| 2020-12-31 | $-1.98 Million | -149.16% |
| 2019-12-31 | $4.03 Million | -30.91% |
| 2018-12-31 | $5.83 Million | -65.03% |
| 2018-11-30 | $16.66 Million | +110.80% |
| 2017-12-31 | $7.90 Million | -88.53% |
| 2017-11-30 | $68.88 Million | -0.44% |
| 2016-12-31 | $69.19 Million | 0.00% |
| 2016-11-30 | $69.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phunware 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 31322981000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.00% |
| Other Comprehensive Income | $-418.00K | -0.39% |
| Other Components | $420.92 Million | 392.71% |
| Total Equity | $107.18 Million | 100.00% |
Phunware Inc Competitors by Market Cap
The table below lists competitors of Phunware Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHA Vaccine Institute Co. Ltd.
KQ:261780
|
$34.19 Million |
|
Jagsonpal Pharmaceuticals Limited
NSE:JAGSNPHARM
|
$34.20 Million |
|
SVB & T Corp
OTCQX:SVBT
|
$34.21 Million |
|
GLOBAL COSMED SA CF ZY1
F:9PU
|
$34.22 Million |
|
IX Acquisition Corp
NASDAQ:IXAQ
|
$34.18 Million |
|
Tobii AB (publ)
F:24T
|
$34.18 Million |
|
Tristar Gold
OTCQB:TSGZF
|
$34.17 Million |
|
Jaanh CosmeticsInc.
KQ:219550
|
$34.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phunware Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -11,457,000 to 107,183,000, a change of 118,640,000.
- Net loss of 10,316,000 reduced equity.
- Share repurchases of 502,000 reduced equity.
- New share issuances of 122,342,000 increased equity.
- Other factors increased equity by 7,116,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-10.32 Million | -9.62% |
| Share Repurchases | $502.00K | -0.47% |
| Share Issuances | $122.34 Million | +114.14% |
| Other Changes | $7.12 Million | +6.64% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Phunware 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: 0.17x
- 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 increased from 0.00x to 0.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $1652.15 | $1.70 | x |
| 2017-12-31 | $15.96 | $1.70 | x |
| 2018-12-31 | $11.40 | $1.70 | x |
| 2019-12-31 | $5.46 | $1.70 | x |
| 2020-12-31 | $-2.24 | $1.70 | x |
| 2021-12-31 | $43.26 | $1.70 | x |
| 2022-12-31 | $12.57 | $1.70 | x |
| 2023-12-31 | $-4.81 | $1.70 | x |
| 2024-12-31 | $9.77 | $1.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phunware 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): -9.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -323.49%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.07x
- Recent ROE (-9.62%) is above the historical average (-123.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.13% | -0.19% | 0.67x | 1.03x | $-7.01 Million |
| 2017 | -328.16% | -97.07% | 0.79x | 4.30x | $-26.73 Million |
| 2018 | -168.23% | -31.74% | 0.84x | 6.33x | $-10.39 Million |
| 2019 | -319.70% | -67.21% | 0.66x | 7.22x | $-13.27 Million |
| 2020 | 0.00% | -221.97% | 0.31x | 0.00x | $-22.00 Million |
| 2021 | -81.99% | -502.88% | 0.11x | 1.50x | $-60.05 Million |
| 2022 | -204.55% | -780.46% | 0.11x | 2.28x | $-53.38 Million |
| 2023 | 0.00% | -1092.40% | 0.72x | 0.00x | $-51.64 Million |
| 2024 | -9.62% | -323.49% | 0.03x | 1.07x | $-21.03 Million |
Industry Comparison
This section compares Phunware Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,166,100,419
- Average return on equity (ROE) among peers: -60.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phunware Inc (PHUN) | $98.33 Million | -0.13% | 0.07x | $34.18 Million |
| Abaxx Technologies Inc (ABXXF) | $-1.66 Million | 0.00% | 0.00x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $494.24K | -556.36% | 1.94x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $4.65 Billion | 15.57% | 0.23x | $100.66 Billion |
| Adcore Inc (ADCOF) | $-3.18 | 0.00% | 0.00x | $3.03 Million |
| ADEIA CORP (ADEA) | $446.70 Million | -41.54% | 0.09x | $2.48 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 20.87% | 4.70x | $83.68 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-23.08 Million | 0.00% | 0.00x | $0.98 |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $48.56 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.96 |