Generative AI Solutions Corp.
Generative AI Solutions Corp., an artificial intelligence company, focuses on development and commercialization of AI-powered tools and solutions for businesses and consumers across various industries in Canada. The company offers MAI Cloud, a cloud-based database; Remitz, which identifies and submits claims related to medical billing; and Classmate app, which utilizes natural language processing… Read more
Generative AI Solutions Corp. (AICOF) - Net Assets
Latest net assets as of August 2024: $2.07 Million USD
Based on the latest financial reports, Generative AI Solutions Corp. (AICOF) has net assets worth $2.07 Million USD as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.48 Million) and total liabilities ($1.41 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 | $2.07 Million |
| % of Total Assets | 59.46% |
| Annual Growth Rate | -45.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 199.62 |
Generative AI Solutions Corp. - Net Assets Trend (2022–2024)
This chart illustrates how Generative AI Solutions 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 Generative AI Solutions Corp. (2022–2024)
The table below shows the annual net assets of Generative AI Solutions Corp. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-02-29 | $3.69 Million | +306.56% |
| 2023-02-28 | $908.00K | -92.67% |
| 2022-02-28 | $12.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Generative AI Solutions 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 decreased by 1661206400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $20.48 Million | 529.67% |
| Total Equity | $3.87 Million | 100.00% |
Generative AI Solutions Corp. Competitors by Market Cap
The table below lists competitors of Generative AI Solutions Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Excite Technology Services Ltd
AU:EXT
|
$5.52 Million |
|
Eurobio Scientific SA
PA:ALERS
|
$5.52 Million |
|
Brookmount Explorations Inc
PINK:BMXI
|
$5.52 Million |
|
Legend Mining Ltd
AU:LEG
|
$5.53 Million |
|
Multibax Public Company Limited
BK:MBAX
|
$5.52 Million |
|
SFD SA ZY -10
F:7PQ
|
$5.52 Million |
|
TG Metals Ltd
AU:TG6
|
$5.52 Million |
|
WAESTBYGG GRUPPEN AB SE.B
F:WAA
|
$5.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Generative AI Solutions Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 907,999 to 3,866,550, a change of 2,958,551 (325.8%).
- Net loss of 16,627,309 reduced equity.
- New share issuances of 6,588,172 increased equity.
- Other factors increased equity by 12,997,688.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.63 Million | -430.03% |
| Share Issuances | $6.59 Million | +170.39% |
| Other Changes | $13.00 Million | +336.16% |
| Total Change | $- | 325.83% |
Book Value vs Market Value Analysis
This analysis compares Generative AI Solutions 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: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.38x to 1.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-02-28 | $0.22 | $0.08 | x |
| 2023-02-28 | $0.20 | $0.08 | x |
| 2024-02-29 | $0.05 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Generative AI Solutions 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): -430.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9148.10%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.26x
- Recent ROE (-430.03%) is below the historical average (2654.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 5738.27% | 0.00% | 0.00x | 4.48x | $52.01 Million |
| 2024 | -430.03% | -9148.10% | 0.04x | 1.26x | $-17.01 Million |
Industry Comparison
This section compares Generative AI Solutions 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 |
|---|---|---|---|---|
| Generative AI Solutions Corp. (AICOF) | $2.07 Million | 5738.27% | 0.68x | $5.52 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 |