CoreCard Corp
CoreCard Corporation, together with its subsidiaries, provides technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East. The company designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their … Read more
CoreCard Corp (CCRD) - Net Assets
Latest net assets as of June 2025: $54.61 Million USD
Based on the latest financial reports, CoreCard Corp (CCRD) has net assets worth $54.61 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($70.93 Million) and total liabilities ($16.32 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 | $54.61 Million |
| % of Total Assets | 76.99% |
| Annual Growth Rate | 0.21% |
| 5-Year Change | 17.09% |
| 10-Year Change | 123.13% |
| Growth Volatility | 52.73 |
CoreCard Corp - Net Assets Trend (1985–2024)
This chart illustrates how CoreCard Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CoreCard Corp (1985–2024)
The table below shows the annual net assets of CoreCard Corp from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $51.70 Million | -1.91% |
| 2023-12-31 | $52.70 Million | -0.11% |
| 2022-12-31 | $52.76 Million | +20.26% |
| 2021-12-31 | $43.87 Million | -0.63% |
| 2020-12-31 | $44.15 Million | +18.40% |
| 2019-12-31 | $37.29 Million | +43.86% |
| 2018-12-31 | $25.92 Million | +33.25% |
| 2017-12-31 | $19.45 Million | +2.76% |
| 2016-12-31 | $18.93 Million | -18.30% |
| 2015-12-31 | $23.17 Million | +252.22% |
| 2014-12-31 | $6.58 Million | -12.22% |
| 2013-12-31 | $7.49 Million | +8.31% |
| 2012-12-31 | $6.92 Million | -1.82% |
| 2011-12-31 | $7.05 Million | +9.07% |
| 2010-12-31 | $6.46 Million | -2.24% |
| 2009-12-31 | $6.61 Million | +38.84% |
| 2008-12-31 | $4.76 Million | -13.89% |
| 2007-12-31 | $5.53 Million | -30.38% |
| 2006-12-31 | $7.94 Million | +125.44% |
| 2005-12-31 | $3.52 Million | -30.74% |
| 2004-12-31 | $5.08 Million | +96.64% |
| 2003-12-31 | $2.59 Million | -65.10% |
| 2002-12-31 | $7.41 Million | -58.51% |
| 2001-12-31 | $17.86 Million | +21.70% |
| 2000-12-31 | $14.67 Million | +43.81% |
| 1999-12-31 | $10.20 Million | +4.12% |
| 1998-12-31 | $9.80 Million | -14.04% |
| 1997-12-31 | $11.40 Million | -47.22% |
| 1996-12-31 | $21.60 Million | +15.51% |
| 1995-12-31 | $18.70 Million | -3.11% |
| 1994-12-31 | $19.30 Million | -17.87% |
| 1993-12-31 | $23.50 Million | -6.00% |
| 1992-12-31 | $25.00 Million | -13.79% |
| 1991-12-31 | $29.00 Million | -9.38% |
| 1990-12-31 | $32.00 Million | -27.27% |
| 1989-12-31 | $44.00 Million | -13.89% |
| 1988-12-31 | $51.10 Million | +23.73% |
| 1987-12-31 | $41.30 Million | -6.14% |
| 1986-12-31 | $44.00 Million | -7.76% |
| 1985-12-31 | $47.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CoreCard Corp'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 201.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $61.77 Million | 119.48% |
| Common Stock | $91.00K | 0.18% |
| Other Comprehensive Income | $-93.00K | -0.18% |
| Total Equity | $51.70 Million | 100.00% |
CoreCard Corp Competitors by Market Cap
The table below lists competitors of CoreCard Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOVIS Co.Ltd
KQ:051360
|
$132.09 Million |
|
Jarllytec Co Ltd
TWO:3548
|
$132.20 Million |
|
EAGLE BANCORP.(M.) DL-01
F:8F5
|
$132.27 Million |
|
Cigniti Technologies Limited
NSE:CIGNITITEC
|
$132.30 Million |
|
Incap Oyj
HE:ICP1V
|
$132.05 Million |
|
GomSpace Group AB
ST:GOMX
|
$132.05 Million |
|
Osisko Metals Incorporated
OTCQX:OMZNF
|
$132.03 Million |
|
F-Secure Oyj
PINK:FSOYF
|
$132.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CoreCard Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,704,000 to 51,697,000, a change of -1,007,000 (-1.9%).
- Net income of 5,448,000 contributed positively to equity growth.
- Share repurchases of 7,638,000 reduced equity.
- Other comprehensive income decreased equity by 125,000.
- Other factors increased equity by 1,308,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.45 Million | +10.54% |
| Share Repurchases | $7.64 Million | -14.77% |
| Other Comprehensive Income | $-125.00K | -0.24% |
| Other Changes | $1.31 Million | +2.53% |
| Total Change | $- | -1.91% |
Book Value vs Market Value Analysis
This analysis compares CoreCard Corp'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: 3.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.37x to 3.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $4.39 | $23.60 | x |
| 1986-12-31 | $3.93 | $23.60 | x |
| 1987-12-31 | $4.17 | $23.60 | x |
| 1988-12-31 | $5.31 | $23.60 | x |
| 1989-12-31 | $5.06 | $23.60 | x |
| 1990-12-31 | $4.12 | $23.60 | x |
| 1991-12-31 | $4.08 | $23.60 | x |
| 1992-12-31 | $3.72 | $23.60 | x |
| 1993-12-31 | $4.09 | $23.60 | x |
| 1994-12-31 | $3.24 | $23.60 | x |
| 1995-12-31 | $3.53 | $23.60 | x |
| 1996-12-31 | $4.09 | $23.60 | x |
| 1997-12-31 | $2.24 | $23.60 | x |
| 1998-12-31 | $1.88 | $23.60 | x |
| 1999-12-31 | $1.91 | $23.60 | x |
| 2000-12-31 | $2.61 | $23.60 | x |
| 2001-12-31 | $3.47 | $23.60 | x |
| 2002-12-31 | $1.31 | $23.60 | x |
| 2003-12-31 | $0.24 | $23.60 | x |
| 2004-12-31 | $0.77 | $23.60 | x |
| 2005-12-31 | $0.45 | $23.60 | x |
| 2006-12-31 | $1.41 | $23.60 | x |
| 2007-12-31 | $0.90 | $23.60 | x |
| 2008-12-31 | $0.72 | $23.60 | x |
| 2009-12-31 | $0.80 | $23.60 | x |
| 2010-12-31 | $0.55 | $23.60 | x |
| 2011-12-31 | $0.62 | $23.60 | x |
| 2012-12-31 | $0.85 | $23.60 | x |
| 2013-12-31 | $0.98 | $23.60 | x |
| 2014-12-31 | $0.98 | $23.60 | x |
| 2015-12-31 | $2.92 | $23.60 | x |
| 2016-12-31 | $2.51 | $23.60 | x |
| 2017-12-31 | $2.19 | $23.60 | x |
| 2018-12-31 | $2.90 | $23.60 | x |
| 2019-12-31 | $4.16 | $23.60 | x |
| 2020-12-31 | $4.90 | $23.60 | x |
| 2021-12-31 | $4.98 | $23.60 | x |
| 2022-12-31 | $6.14 | $23.60 | x |
| 2023-12-31 | $6.22 | $23.60 | x |
| 2024-12-31 | $6.35 | $23.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CoreCard Corp 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): 10.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.49%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.21x
- Recent ROE (10.54%) is above the historical average (-12.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 2.52% | 0.96% | 1.60x | 1.65x | $-3.57 Million |
| 1986 | 12.73% | 4.04% | 1.70x | 1.85x | $1.20 Million |
| 1987 | 24.70% | 6.25% | 1.73x | 2.28x | $6.07 Million |
| 1988 | 30.14% | 20.56% | 1.19x | 1.23x | $10.29 Million |
| 1989 | -9.09% | -7.25% | 0.94x | 1.33x | $-8.40 Million |
| 1990 | -35.44% | -21.62% | 1.21x | 1.35x | $-14.36 Million |
| 1991 | -6.62% | -3.90% | 1.32x | 1.29x | $-4.77 Million |
| 1992 | -15.04% | -7.28% | 1.34x | 1.54x | $-6.16 Million |
| 1993 | -1.71% | -0.67% | 1.57x | 1.62x | $-2.74 Million |
| 1994 | -40.10% | -35.98% | 0.94x | 1.19x | $-9.62 Million |
| 1995 | 0.53% | 0.35% | 1.21x | 1.25x | $-1.77 Million |
| 1996 | 19.44% | 17.72% | 0.95x | 1.15x | $2.04 Million |
| 1997 | -63.16% | -33.96% | 1.11x | 1.68x | $-8.34 Million |
| 1998 | -15.63% | -8.20% | 1.07x | 1.78x | $-2.46 Million |
| 1999 | 2.54% | 3.05% | 0.62x | 1.34x | $-761.90K |
| 2000 | 55.98% | 116.91% | 0.39x | 1.23x | $6.75 Million |
| 2001 | 51.03% | 104.53% | 0.33x | 1.46x | $7.33 Million |
| 2002 | -207.96% | -114.11% | 0.60x | 3.03x | $-12.85 Million |
| 2003 | -448.41% | -35.98% | 0.97x | 12.84x | $-4.91 Million |
| 2004 | 71.81% | 11.48% | 1.73x | 3.62x | $2.21 Million |
| 2005 | -81.06% | -10.10% | 1.41x | 5.70x | $-1.83 Million |
| 2006 | 53.94% | 23.96% | 0.96x | 2.34x | $2.82 Million |
| 2007 | -60.42% | -12.75% | 1.51x | 3.15x | $-2.83 Million |
| 2008 | -25.37% | -5.21% | 1.81x | 2.68x | $-1.15 Million |
| 2009 | -23.82% | -9.43% | 1.28x | 1.97x | $-1.72 Million |
| 2010 | -3.78% | -1.21% | 1.53x | 2.04x | $-681.50K |
| 2011 | 11.88% | 4.02% | 1.62x | 1.83x | $103.90K |
| 2012 | 6.99% | 3.23% | 1.66x | 1.30x | $-229.70K |
| 2013 | 12.31% | 6.64% | 1.54x | 1.21x | $203.40K |
| 2014 | -0.87% | -0.52% | 1.58x | 1.05x | $-952.70K |
| 2015 | 69.18% | 376.83% | 0.18x | 1.00x | $15.42 Million |
| 2016 | -5.07% | -13.60% | 0.36x | 1.03x | $-3.31 Million |
| 2017 | 1.92% | 4.02% | 0.43x | 1.12x | $-1.57 Million |
| 2018 | 24.09% | 31.06% | 0.69x | 1.13x | $3.65 Million |
| 2019 | 29.42% | 31.98% | 0.78x | 1.19x | $7.24 Million |
| 2020 | 18.48% | 22.75% | 0.63x | 1.29x | $3.75 Million |
| 2021 | 20.60% | 18.73% | 0.83x | 1.33x | $4.65 Million |
| 2022 | 26.31% | 19.90% | 1.10x | 1.20x | $8.60 Million |
| 2023 | 6.44% | 6.06% | 0.88x | 1.21x | $-1.88 Million |
| 2024 | 10.54% | 9.49% | 0.92x | 1.21x | $278.30K |
Industry Comparison
This section compares CoreCard Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CoreCard Corp (CCRD) | $54.61 Million | 2.52% | 0.30x | $132.07 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |