Bm Technologies Inc
BM Technologies, Inc., a financial technology company, facilitates deposits and banking services between a customer and its partner banks in the United States. It offers digital banking and disbursement services to consumers and students through a full service fintech banking platform. The company was formerly known as BankMobile Technologies, Inc. and changed its name to BM Technologies, Inc. in… Read more
Bm Technologies Inc (BMTX) - Net Assets
Latest net assets as of September 2024: $21.53 Million USD
Based on the latest financial reports, Bm Technologies Inc (BMTX) has net assets worth $21.53 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 ($43.84 Million) and total liabilities ($22.32 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 | $21.53 Million |
| % of Total Assets | 49.1% |
| Annual Growth Rate | 231.82% |
| 5-Year Change | -80.73% |
| 10-Year Change | N/A |
| Growth Volatility | 266212.23 |
Bm Technologies Inc - Net Assets Trend (2017–2023)
This chart illustrates how Bm Technologies 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 Bm Technologies Inc (2017–2023)
The table below shows the annual net assets of Bm Technologies Inc from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $30.97 Million | -36.61% |
| 2022-12-31 | $48.86 Million | +28.64% |
| 2021-12-31 | $37.98 Million | +96.84% |
| 2020-12-31 | $19.29 Million | -88.00% |
| 2019-12-31 | $160.76 Million | -3.18% |
| 2018-12-31 | $166.03 Million | +714321.89% |
| 2017-12-31 | $23.24K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bm 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 decreased by 4081423000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | 0.00% |
| Other Components | $71.79 Million | 231.78% |
| Total Equity | $30.97 Million | 100.00% |
Bm Technologies Inc Competitors by Market Cap
The table below lists competitors of Bm Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arla Plast AB
ST:ARPL
|
$36.28 Million |
|
Futebol Clube do Porto - Futebol S.A.D.
LS:FCP
|
$36.29 Million |
|
TsannKuen (China) Enterprise Co. Ltd
SHE:200512
|
$36.32 Million |
|
Nasmedia Co. Ltd
KQ:089600
|
$36.32 Million |
|
Technical Olympic S.A
AT:OLYMP
|
$36.25 Million |
|
Cavotec SA
ST:CCC
|
$36.24 Million |
|
Credit Clear Ltd
AU:CCR
|
$36.24 Million |
|
Mangata Holding S.A.
WAR:MGT
|
$36.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bm Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 48,858,000 to 30,972,000, a change of -17,886,000 (-36.6%).
- Net loss of 17,331,000 reduced equity.
- Other factors decreased equity by 555,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.33 Million | -55.96% |
| Other Changes | $-555.00K | -1.79% |
| Total Change | $- | -36.61% |
Book Value vs Market Value Analysis
This analysis compares Bm 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: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4035.73x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.00 | $5.00 | x |
| 2018-12-31 | $1.17 | $5.00 | x |
| 2019-12-31 | $7.60 | $5.00 | x |
| 2020-12-31 | $1.50 | $5.00 | x |
| 2021-12-31 | $3.18 | $5.00 | x |
| 2022-12-31 | $4.09 | $5.00 | x |
| 2023-12-31 | $2.68 | $5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bm 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): -55.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.37%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.76x
- Recent ROE (-55.96%) is below the historical average (-10.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -7.62% | 0.00% | 0.00x | 3.53x | $-4.09K |
| 2018 | 5.90% | 0.00% | 0.00x | 34.70x | $-205.04K |
| 2019 | 2.66% | 5.91% | 0.41x | 1.09x | $-11.80 Million |
| 2020 | -61.12% | -17.64% | 1.40x | 2.48x | $-13.72 Million |
| 2021 | 44.87% | 17.94% | 1.24x | 2.01x | $13.24 Million |
| 2022 | -1.59% | -0.93% | 1.18x | 1.45x | $-5.66 Million |
| 2023 | -55.96% | -31.37% | 1.01x | 1.76x | $-20.43 Million |
Industry Comparison
This section compares Bm Technologies Inc'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 |
|---|---|---|---|---|
| Bm Technologies Inc (BMTX) | $21.53 Million | -7.62% | 1.04x | $36.27 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 |