Exro Technologies Inc
Exro Technologies Inc., a clean-technology company, focuses on developing power-control electronics in Canada. It provides Coil Driver, an adaptive EV traction inverter that optimizes electric motor performance through direct control of the motor coil windings; Cell Driver, an integrated battery energy storage system for stationary commercial and industrial energy storage applications; and SEA-Dr… Read more
Exro Technologies Inc (EXROF) - Net Assets
Latest net assets as of June 2025: $-75.17 Million USD
Based on the latest financial reports, Exro Technologies Inc (EXROF) has net assets worth $-75.17 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 ($89.81 Million) and total liabilities ($164.97 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 | $-75.17 Million |
| % of Total Assets | -83.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | -52.7% |
| 10-Year Change | 7985.59% |
| Growth Volatility | 2591.86 |
Exro Technologies Inc - Net Assets Trend (2014–2024)
This chart illustrates how Exro 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 Exro Technologies Inc (2014–2024)
The table below shows the annual net assets of Exro Technologies Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $22.71 Million | -30.28% |
| 2023-12-31 | $32.57 Million | -8.04% |
| 2022-12-31 | $35.42 Million | -6.24% |
| 2021-12-31 | $37.77 Million | -21.31% |
| 2020-12-31 | $48.01 Million | +8263.70% |
| 2019-12-31 | $573.98K | -35.48% |
| 2018-12-31 | $889.63K | -44.93% |
| 2017-12-31 | $1.62 Million | +251.91% |
| 2016-12-31 | $459.02K | +63.44% |
| 2016-01-31 | $280.84K | +124.23% |
| 2015-12-31 | $-1.16 Million | -3370.49% |
| 2015-01-31 | $-33.40K | +96.79% |
| 2014-12-31 | $-1.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Exro 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 42680374200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $463.11 Million | 2039.40% |
| Total Equity | $22.71 Million | 100.00% |
Exro Technologies Inc Competitors by Market Cap
The table below lists competitors of Exro Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modus Therapeutics Holding AB
ST:MODTX
|
$859.70K |
|
AMEDISYS
BE:ADY
|
$860.52K |
|
Solis Minerals Ltd
PINK:SLMFF
|
$861.16K |
|
Asia Pptys Inc
PINK:ASPZ
|
$861.26K |
|
Silicon Gaming Inc
PINK:SGIC
|
$858.28K |
|
Flexituff Ventures International Limited
NSE:FLEXITUFF
|
$857.31K |
|
UNITED PARCEL SVC-B - Dusseldorf Stock Exchang
DU:UPAB
|
$857.18K |
|
Stayble Therapeutics AB
ST:STABL
|
$856.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Exro Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,571,124 to 22,707,892, a change of -9,863,232 (-30.3%).
- Net loss of 288,933,200 reduced equity.
- New share issuances of 61,271,084 increased equity.
- Other factors increased equity by 217,798,884.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-288.93 Million | -1272.39% |
| Share Issuances | $61.27 Million | +269.82% |
| Other Changes | $217.80 Million | +959.13% |
| Total Change | $- | -30.28% |
Book Value vs Market Value Analysis
This analysis compares Exro 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: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.00 | $0.06 | x |
| 2017-12-31 | $0.04 | $0.06 | x |
| 2018-12-31 | $0.02 | $0.06 | x |
| 2019-12-31 | $0.01 | $0.06 | x |
| 2020-12-31 | $0.41 | $0.06 | x |
| 2021-12-31 | $0.31 | $0.06 | x |
| 2022-12-31 | $0.24 | $0.06 | x |
| 2023-12-31 | $0.19 | $0.06 | x |
| 2024-12-31 | $0.05 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Exro 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): -1272.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1252.20%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 7.77x
- Recent ROE (-1272.39%) is below the historical average (-222.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-578.44K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-9.12K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-222.95K |
| 2016 | 109.66% | 65.79% | 1.01x | 1.65x | $279.90K |
| 2016 | -27.46% | 0.00% | 0.00x | 1.10x | $-171.97K |
| 2017 | -182.98% | 0.00% | 0.00x | 1.11x | $-3.12 Million |
| 2018 | -351.53% | 0.00% | 0.00x | 1.25x | $-3.22 Million |
| 2019 | -812.76% | 0.00% | 0.00x | 1.55x | $-4.72 Million |
| 2020 | -22.85% | 0.00% | 0.00x | 1.05x | $-15.77 Million |
| 2021 | -65.07% | -23574.68% | 0.00x | 1.22x | $-28.36 Million |
| 2022 | -113.01% | -1831.43% | 0.04x | 1.72x | $-43.57 Million |
| 2023 | -155.42% | 0.00% | 0.00x | 1.85x | $-53.88 Million |
| 2024 | -1272.39% | -1252.20% | 0.13x | 7.77x | $-291.20 Million |
Industry Comparison
This section compares Exro Technologies Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Exro Technologies Inc (EXROF) | $-75.17 Million | 0.00% | N/A | $859.20K |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |