Software Acquisition Group III Inc Net Assets
Software Acquisition Group III Inc net assets. Based on the latest financial reports, Software Acquisition Group III Inc (SWAG) has net assets worth $30.20 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 ($50.26 Million) and total liabilities ($20.07 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. Also explore Software Acquisition Group III Inc equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $30.20 Million |
| % of Total Assets | 60.08% |
| Annual Growth Rate | 121.05% |
| 5-Year Change | 1843.84% |
| 10-Year Change | N/A |
| Growth Volatility | 970.49 |
Net Assets of Software Acquisition Group III Inc (2019–2024)
Net assets of Software Acquisition Group III Inc from 2019 to 2024. This chart illustrates how Software Acquisition Group III Inc's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Software Acquisition Group III Inc to measure how much of total assets are equity-financed.
Annual Net Assets for Software Acquisition Group III Inc (2019–2024)
The table below shows the annual net assets of Software Acquisition Group III Inc from 2019 to 2024. For live market cap and overall valuation, see SWAG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $31.64 Million | -11.25% |
| 2023-12-31 | $35.65 Million | -9.44% |
| 2022-12-31 | $39.36 Million | -5.40% |
| 2021-12-31 | $41.61 Million | +2456.38% |
| 2020-12-31 | $1.63 Million | +171.94% |
| 2019-12-31 | $598.57K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Software Acquisition Group III 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 1226.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Software Acquisition Group III Inc Net Assets Breakdown (December 2024)
Software Acquisition Group III Inc net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.01% |
| Other Comprehensive Income | $-10.00K | -0.03% |
| Other Components | $38.39 Million | 121.33% |
| Total Equity | $31.64 Million | 100.00% |
Software Acquisition Group III Inc Competitors by Market Cap
The table below lists competitors of Software Acquisition Group III Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ribbon Acquisition Corp Class A Ordinary Shares
NASDAQ:RIBB
|
$24.13 Million |
|
HAMILTON GLB.OPP.LS-0001
F:5DS
|
$24.13 Million |
|
Indo-National Limited
NSE:NIPPOBATRY
|
$24.17 Million |
|
Garda Tujuh Buana Tbk
JK:GTBO
|
$24.17 Million |
|
Times Guaranty Limited
NSE:TIMESGTY
|
$24.11 Million |
|
AztechWB Co. Ltd
KQ:032080
|
$24.11 Million |
|
Prestar Resources Bhd
KLSE:9873
|
$24.11 Million |
|
Sin-Kung Logistics Berhad
KLSE:0305
|
$24.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Software Acquisition Group III Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,650,000 to 31,641,000, a change of -4,009,000 (-11.2%).
- Net loss of 4,140,000 reduced equity.
- Share repurchases of 50,000 reduced equity.
- Other comprehensive income increased equity by 3,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.14 Million | -13.08% |
| Share Repurchases | $50.00K | -0.16% |
| Other Comprehensive Income | $3.00K | +0.01% |
| Other Changes | $178.00K | +0.56% |
| Total Change | $- | -11.25% |
Book Value vs Market Value Analysis
This analysis compares Software Acquisition Group III 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: 0.76x
- 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 32.55x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.04 | $1.30 | x |
| 2020-12-31 | $0.11 | $1.30 | x |
| 2021-12-31 | $1.98 | $1.30 | x |
| 2022-12-31 | $2.05 | $1.30 | x |
| 2023-12-31 | $1.92 | $1.30 | x |
| 2024-12-31 | $1.70 | $1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Software Acquisition Group III 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): -13.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.01%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.74x
- Recent ROE (-13.08%) is below the historical average (17.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 65.13% | 1.29% | 2.50x | 20.22x | $330.01K |
| 2020 | 63.17% | 2.72% | 2.84x | 8.17x | $865.50K |
| 2021 | 0.57% | 0.59% | 0.78x | 1.23x | $-3.93 Million |
| 2022 | -8.89% | -6.05% | 1.02x | 1.44x | $-7.44 Million |
| 2023 | -1.08% | -0.51% | 1.55x | 1.38x | $-3.95 Million |
| 2024 | -13.08% | -5.01% | 1.50x | 1.74x | $-7.30 Million |
Industry Comparison
This section compares Software Acquisition Group III Inc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $348,694,362
- Average return on equity (ROE) among peers: -18.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Software Acquisition Group III Inc (SWAG) | $30.20 Million | 65.13% | 0.66x | $24.12 Million |
| ACCESS Newswire Inc. (ACCS) | $25.23 Million | -42.79% | 1.20x | $25.07 Million |
| Advantage Solutions Inc (ADV) | $748.74 Million | -43.67% | 3.15x | $401.92 Million |
| Advantage Solutions Inc (ADVWW) | $1.10 Billion | -5.74% | 2.42x | $47.48 |
| Airnet Technology Inc (ANTE) | $13.35 Million | -52.48% | 7.62x | $385.29 Million |
| Applovin Corp (APP) | $1.26 Billion | 28.43% | 3.27x | $69.57 Billion |
| Baosheng Media Group Holdings Ltd (BAOS) | $45.44 Million | -52.25% | 0.28x | $5.03 Million |
| Clear Channel Outdoor Holdings Inc (CCO) | $-140.90 Million | 0.00% | 0.00x | $1.23 Billion |
| Cardlytics Inc (CDLX) | $143.27 Million | -11.97% | 0.57x | $36.87 Million |
| Cheer Holding Inc. (CHR) | $280.01 Million | 10.88% | 0.17x | $2.49 Million |
| ZW Data Action Technologies Inc (CNET) | $11.41 Million | -11.05% | 0.63x | $3.16 Million |
About Software Acquisition Group III Inc
Stran & Company, Inc. provides outsourced marketing solutions in the United States, Canada, and Europe. The company operates through Stran & Company, Inc. (Stran) and Stran Loyalty Solutions, LLC (SLS) segments. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives… Read more