Remark Holdings Inc
Remark Holdings, Inc. provides AI-powered analytics, computer vision, and smart agent solutions. The company operates a data and AI software platform that offers AI-based computer vision products, computing devices, and software-as-a-service solutions; and Smart Safety Platform, a software solution that uses computer vision to detect persons, objects, and behavior in video feeds, as well as provi… Read more
Remark Holdings Inc (MARK) - Net Assets
Latest net assets as of December 2024: $-55.62 Million USD
Based on the latest financial reports, Remark Holdings Inc (MARK) has net assets worth $-55.62 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.61 Million) and total liabilities ($58.23 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 | $-55.62 Million |
| % of Total Assets | -2129.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -864.58% |
| Growth Volatility | 90.23 |
Remark Holdings Inc - Net Assets Trend (2006–2023)
This chart illustrates how Remark Holdings 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 Remark Holdings Inc (2006–2023)
The table below shows the annual net assets of Remark Holdings Inc from 2006 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-39.59 Million | -93.83% |
| 2022-12-31 | $-20.43 Million | -165.81% |
| 2021-12-31 | $31.03 Million | +441.33% |
| 2020-12-31 | $-9.09 Million | +67.21% |
| 2019-12-31 | $-27.73 Million | -111.28% |
| 2018-12-31 | $-13.12 Million | +83.51% |
| 2017-12-31 | $-79.59 Million | -2961.08% |
| 2016-12-31 | $-2.60 Million | -121.56% |
| 2015-12-31 | $12.06 Million | +132.87% |
| 2014-12-31 | $5.18 Million | +129.53% |
| 2013-12-31 | $2.26 Million | -18.77% |
| 2012-12-31 | $2.78 Million | +3.12% |
| 2011-12-31 | $2.69 Million | -69.31% |
| 2010-12-31 | $8.78 Million | -39.13% |
| 2009-12-31 | $14.42 Million | -41.10% |
| 2008-12-31 | $24.48 Million | -1.74% |
| 2007-12-31 | $24.91 Million | +960.53% |
| 2006-12-31 | $-2.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Remark 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 40496424100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00K | % |
| Other Comprehensive Income | $-1.19 Million | % |
| Other Components | $379.24 Million | % |
| Total Equity | $-39.59 Million | 100.00% |
Remark Holdings Inc Competitors by Market Cap
The table below lists competitors of Remark Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CWG Holdings Bhd
KLSE:9423
|
$2.64 Million |
|
Chesterfield Resources PLC
LSE:CHF
|
$2.64 Million |
|
Treasure Global Inc.
NASDAQ:TGL
|
$2.64 Million |
|
Sonoro Energy Ltd
PINK:SNVFF
|
$2.64 Million |
|
Brera Holdings PLC Class B Ordinary Shares
NASDAQ:BREA
|
$2.64 Million |
|
Opawica Explorations Inc
OTCQB:OPWEF
|
$2.64 Million |
|
Yanaprima Hastapersada Tbk
JK:YPAS
|
$2.63 Million |
|
Newbury Street II Acquisition Corp Warrant
NASDAQ:NTWOW
|
$2.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Remark Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -20,425,000 to -39,590,000, a change of -19,165,000.
- Net loss of 29,147,000 reduced equity.
- New share issuances of 7,000,000 increased equity.
- Other comprehensive income decreased equity by 327,000.
- Other factors increased equity by 3,309,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.15 Million | -73.62% |
| Share Issuances | $7.00 Million | +17.68% |
| Other Comprehensive Income | $-327.00K | -0.83% |
| Other Changes | $3.31 Million | +8.36% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Remark 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $-6.25 | $0.04 | x |
| 2007-12-31 | $215.77 | $0.04 | x |
| 2008-12-31 | $46.23 | $0.04 | x |
| 2009-12-31 | $26.89 | $0.04 | x |
| 2010-12-31 | $16.35 | $0.04 | x |
| 2011-12-31 | $4.97 | $0.04 | x |
| 2012-12-31 | $4.20 | $0.04 | x |
| 2013-12-31 | $2.92 | $0.04 | x |
| 2014-12-31 | $4.36 | $0.04 | x |
| 2015-12-31 | $7.89 | $0.04 | x |
| 2016-12-31 | $-1.27 | $0.04 | x |
| 2017-12-31 | $-33.49 | $0.04 | x |
| 2018-12-31 | $-3.36 | $0.04 | x |
| 2019-12-31 | $-6.24 | $0.04 | x |
| 2020-12-31 | $-1.06 | $0.04 | x |
| 2021-12-31 | $3.05 | $0.04 | x |
| 2022-12-31 | $-1.92 | $0.04 | x |
| 2023-12-31 | $-2.36 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Remark 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -662.13%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-96.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-12.42 Million |
| 2007 | -158.73% | -11422.20% | 0.01x | 1.39x | $-42.03 Million |
| 2008 | -89.63% | -4800.37% | 0.02x | 1.07x | $-24.39 Million |
| 2009 | -82.41% | -525.76% | 0.14x | 1.10x | $-13.32 Million |
| 2010 | -67.29% | -88.73% | 0.67x | 1.13x | $-6.78 Million |
| 2011 | -252.66% | -136.31% | 1.34x | 1.39x | $-7.07 Million |
| 2012 | -250.94% | -1391.27% | 0.08x | 2.29x | $-7.25 Million |
| 2013 | -308.76% | -340.05% | 0.27x | 3.42x | $-7.19 Million |
| 2014 | -351.68% | -990.75% | 0.10x | 3.47x | $-18.73 Million |
| 2015 | -260.80% | -221.01% | 0.15x | 7.84x | $-32.65 Million |
| 2016 | 0.00% | -53.40% | 0.56x | 0.00x | $-31.42 Million |
| 2017 | 0.00% | -151.18% | 0.68x | 0.00x | $-98.78 Million |
| 2018 | 0.00% | -27.25% | 0.84x | 0.00x | $-20.25 Million |
| 2019 | 0.00% | -554.74% | 0.34x | 0.00x | $-25.08 Million |
| 2020 | 0.00% | -147.43% | 0.90x | 0.00x | $-14.05 Million |
| 2021 | 88.52% | 171.81% | 0.21x | 2.43x | $24.37 Million |
| 2022 | 0.00% | -475.60% | 0.81x | 0.00x | $-53.44 Million |
| 2023 | 0.00% | -662.13% | 0.43x | 0.00x | $-25.19 Million |
Industry Comparison
This section compares Remark Holdings Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $57,400,889
- Average return on equity (ROE) among peers: -399.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Remark Holdings Inc (MARK) | $-55.62 Million | 0.00% | N/A | $2.64 Million |
| Automatic Bank Services Limited (ABANF) | $131.86 Million | 11.02% | 0.13x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $1.20 Million | -2791.67% | 47.83x | $3.94 Billion |
| Adyen N.V (ADYYF) | $245.83 Million | 13.67% | 2.34x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $228.44 Million | -65.37% | 0.13x | $390.34 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $99.35 Million | -153.25% | 0.48x | $3.74 Million |
| Affluence Corporation (AFFU) | $-3.56 Million | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $2.64 Million | -979.47% | 3.94x | $2.57 Million |
| C3 Ai Inc (AI) | $-165.43 Million | 0.00% | 0.00x | $1.13 Billion |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $11.41 Million | -12.13% | 0.13x | $364.77 Million |