Connexa Sports Technologies Inc. (YYAI) - Net Assets
Based on the latest financial reports, Connexa Sports Technologies Inc. (YYAI) has net assets worth $165.39 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($172.13 Million) and total liabilities ($6.75 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. Check YYAI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $165.39 Million |
| % of Total Assets | 96.08% |
| Annual Growth Rate | 164.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 149.25 |
Connexa Sports Technologies Inc. - Net Assets Trend (2016–2025)
This chart illustrates how Connexa Sports Technologies Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Connexa Sports Technologies Inc. (YYAI) total assets for the complete picture of this company's asset base.
Annual Net Assets for Connexa Sports Technologies Inc. (2016–2025)
The table below shows the annual net assets of Connexa Sports Technologies Inc. from 2016 to 2025. For live valuation and market cap data, see YYAI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $26.42 Million | +175.20% |
| 2024-04-30 | $9.60 Million | +151.57% |
| 2023-04-30 | $-18.61 Million | -157.25% |
| 2022-04-30 | $32.51 Million | +276.21% |
| 2021-04-30 | $-18.45 Million | -269.47% |
| 2020-04-30 | $-4.99 Million | -80562.74% |
| 2019-04-30 | $-6.19K | -126.57% |
| 2018-04-30 | $23.30K | +88.22% |
| 2017-04-30 | $12.38K | +195.70% |
| 2016-04-30 | $4.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Connexa Sports Technologies 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 grown by 612392800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.12 Million | 24.22% |
| Common Stock | $14.56K | 0.06% |
| Other Components | $19.14 Million | 75.72% |
| Total Equity | $25.28 Million | 100.00% |
Connexa Sports Technologies Inc. Competitors by Market Cap
The table below lists competitors of Connexa Sports Technologies Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Desoto Resources Ltd
AU:DES
|
$28.40 Million |
|
TOUAX
PA:ALTOU
|
$28.40 Million |
|
Okong Corporation
KQ:045060
|
$28.42 Million |
|
C-Com Satellite Systems Inc.
V:CMI
|
$28.43 Million |
|
Delticom AG
F:DEX
|
$28.37 Million |
|
Old Market Capital Corporation
NASDAQ:OMCC
|
$28.37 Million |
|
Aguia Resources Ltd
AU:AGR
|
$28.36 Million |
|
Neonode Inc
NASDAQ:NEON
|
$28.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Connexa Sports Technologies Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,599,814 to 25,276,463, a change of 15,676,649 (163.3%).
- Net income of 3,491,287 contributed positively to equity growth.
- Other comprehensive income decreased equity by 183,541.
- Other factors increased equity by 12,368,903.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.49 Million | +13.81% |
| Other Comprehensive Income | $-183.54K | -0.73% |
| Other Changes | $12.37 Million | +48.93% |
| Total Change | $- | 163.30% |
Book Value vs Market Value Analysis
This analysis compares Connexa Sports Technologies 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: 0.01x
- 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 |
|---|---|---|---|
| 2016-04-30 | $97.35 | $0.75 | x |
| 2017-04-30 | $1.98 | $0.75 | x |
| 2018-04-30 | $3.21 | $0.75 | x |
| 2019-04-30 | $-0.20 | $0.75 | x |
| 2020-04-30 | $-161.81 | $0.75 | x |
| 2021-04-30 | $-5524.17 | $0.75 | x |
| 2022-04-30 | $6759.24 | $0.75 | x |
| 2023-04-30 | $-1330.12 | $0.75 | x |
| 2024-04-30 | $398.33 | $0.75 | x |
| 2025-04-30 | $97.99 | $0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Connexa Sports Technologies 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): 13.81%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.24%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.30x
- Recent ROE (13.81%) is above the historical average (-33.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -19.45% | 0.00% | 0.00x | 1.22x | $-1.23K |
| 2017 | 30.63% | 25.80% | 0.76x | 1.56x | $2.55K |
| 2018 | -33.39% | -58.76% | 0.50x | 1.14x | $-10.11K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-27.67K |
| 2020 | 0.00% | -1344.80% | 0.50x | 0.00x | $-8.73 Million |
| 2021 | 0.00% | -172.11% | 1.90x | 0.00x | $-16.75 Million |
| 2022 | -159.25% | -321.52% | 0.22x | 2.30x | $-55.02 Million |
| 2023 | 0.00% | -299.71% | 1.40x | 0.00x | $-27.88 Million |
| 2024 | -162.88% | -186.19% | 0.39x | 2.25x | $-16.60 Million |
| 2025 | 13.81% | 27.24% | 0.39x | 1.30x | $963.64K |
Industry Comparison
This section compares Connexa Sports Technologies Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $527,355,826
- Average return on equity (ROE) among peers: -32.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Connexa Sports Technologies Inc. (YYAI) | $165.39 Million | -19.45% | 0.04x | $28.37 Million |
| ACI Worldwide Inc (ACIW) | $267.21 Million | 20.72% | 1.00x | $4.34 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $26.91 Million | -95.01% | 0.21x | $821.47 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $456.38 Million | -22.24% | 0.05x | $906.22 Million |
| Axe Compute Inc. (AGPU) | $-2.19 Million | 0.00% | 0.00x | $24.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.26 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 0.95% | 0.09x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $13.57 Million | 2.93% | 0.26x | $437.32 Million |
| Airship AI Holdings Inc (AISP) | $-8.36 Million | 0.00% | 0.00x | $83.39 Million |
| AIxCrypto Holdings, Inc. (AIXC) | $2.68 Million | -233.64% | 0.75x | $5.68 Million |
| Akamai Technologies Inc (AKAM) | $3.19 Billion | 9.35% | 0.71x | $15.05 Billion |
About Connexa Sports Technologies Inc.
AiRWA Inc. through its subsidiaries, operates artificial intelligence software that provides online matchmaking and dating experiences in Hong Kong, the United States, and the United Kingdom. The company was formerly known as Connexa Sports Technologies Inc. and changed its name to AiRWA Inc. in October 2025. AiRWA Inc. was founded in 2021 and is headquartered in Smyrna, Delaware.