FiscalNote Holdings Inc. (NOTE) - Net Assets
Based on the latest financial reports, FiscalNote Holdings Inc. (NOTE) has net assets worth $75.50 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 ($273.87 Million) and total liabilities ($198.37 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 financial resilience of FiscalNote Holdings Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $75.50 Million |
| % of Total Assets | 27.57% |
| Annual Growth Rate | 40.84% |
| 5-Year Change | 1165.11% |
| 10-Year Change | N/A |
| Growth Volatility | 239.71 |
FiscalNote Holdings Inc. - Net Assets Trend (2019–2024)
This chart illustrates how FiscalNote Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of FiscalNote Holdings Inc. for the complete picture of this company's asset base.
Annual Net Assets for FiscalNote Holdings Inc. (2019–2024)
The table below shows the annual net assets of FiscalNote Holdings Inc. from 2019 to 2024. For live valuation and market cap data, see FiscalNote Holdings Inc. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $97.83 Million | +125.11% |
| 2023-12-31 | $43.46 Million | -69.96% |
| 2022-12-31 | $144.69 Million | +540.67% |
| 2021-12-31 | $-32.83 Million | -524.60% |
| 2020-12-31 | $7.73 Million | -56.16% |
| 2019-12-31 | $17.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FiscalNote Holdings 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 61772100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.00K | 0.02% |
| Other Comprehensive Income | $4.79 Million | 4.89% |
| Other Components | $899.93 Million | 919.88% |
| Total Equity | $97.83 Million | 100.00% |
FiscalNote Holdings Inc. Competitors by Market Cap
The table below lists competitors of FiscalNote Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hargreaves Services Plc
LSE:HSP
|
$3.19 Million |
|
Aurora Investment Trust plc
LSE:ARR
|
$3.19 Million |
|
Elong Power Holding Limited Class A Ordinary Shares
NASDAQ:ELPW
|
$3.19 Million |
|
Australasian Metals Ltd
AU:A8G
|
$3.19 Million |
|
De La Rue PLC
LSE:DLAR
|
$3.18 Million |
|
Next Mediaworks Limited
NSE:NEXTMEDIA
|
$3.18 Million |
|
Vision Lithium Inc
V:VLI
|
$3.18 Million |
|
Sparton Resources Inc
V:SRI
|
$3.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FiscalNote Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 43,459,000 to 97,831,000, a change of 54,372,000 (125.1%).
- Net income of 9,517,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,408,000.
- Other factors increased equity by 39,447,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.52 Million | +9.73% |
| Other Comprehensive Income | $5.41 Million | +5.53% |
| Other Changes | $39.45 Million | +40.32% |
| Total Change | $- | 125.11% |
Book Value vs Market Value Analysis
This analysis compares FiscalNote Holdings 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: 0.02x
- 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 0.13x to 0.02x 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 | $1.64 | $0.21 | x |
| 2020-12-31 | $0.06 | $0.21 | x |
| 2021-12-31 | $-3.05 | $0.21 | x |
| 2022-12-31 | $26.21 | $0.21 | x |
| 2023-12-31 | $3.98 | $0.21 | x |
| 2024-12-31 | $8.59 | $0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FiscalNote Holdings 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): 9.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.91%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 3.33x
- Recent ROE (9.73%) is above the historical average (-209.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -188.59% | -50.51% | 0.27x | 13.78x | $-35.03 Million |
| 2020 | -663.03% | -78.69% | 0.23x | 36.22x | $-52.05 Million |
| 2021 | 0.00% | -131.97% | 0.22x | 0.00x | $-106.14 Million |
| 2022 | -150.84% | -191.85% | 0.26x | 2.99x | $-232.73 Million |
| 2023 | -265.68% | -87.05% | 0.36x | 8.53x | $-119.81 Million |
| 2024 | 9.73% | 7.91% | 0.37x | 3.33x | $-266.10K |
Industry Comparison
This section compares FiscalNote Holdings Inc.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $994,464,162
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FiscalNote Holdings Inc. (NOTE) | $75.50 Million | -188.59% | 2.63x | $3.18 Million |
| Accenture plc (ACN) | $2.68 Billion | 35.12% | 2.34x | $110.67 Billion |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $89.60 Million |
| Applied Digital Corporation (APLD) | $3.63 Million | -76.89% | 0.16x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $8.21 Million |
| ASGN Inc (ASGN) | $1.38 Billion | 12.69% | 1.14x | $904.39 Million |
| Aurora Innovation Inc (AUR) | $1.99 Billion | -40.10% | 0.13x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $11.68 Million | 53.50% | 0.37x | $1.87 Billion |
| Broadridge Financial Solutions Inc (BR) | $745.80 Million | 25.77% | 2.80x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $133.56 Million | 13.10% | 0.18x | $18.91 Million |
| CACI International Inc (CACI) | $2.67 Billion | 17.16% | 1.32x | $11.34 Billion |
About FiscalNote Holdings Inc.
FiscalNote Holdings, Inc. operates as a technology provider for global policy and market intelligence in North America, Europe, Australia, and Asia. The company delivers legal and policy insights in political, regulatory, and macroeconomic environments by combining artificial intelligence and other technologies with analytics and workflow tools. It also provides data and information that enables … Read more