RMX Industries, Inc.
RMX Industries, Inc., a technology company, develops and delivers hybrid video compression solutions in the United States. It offers VAST (video adaptive systems technology), a platform for tactical video communication, enabling higher-quality video across ultra-low bandwidth connections. The company was formerly known as Reticulate Micro, Inc. and changed its name to RMX Industries, Inc. in Augu… Read more
RMX Industries, Inc. (RMXI) - Net Assets
Latest net assets as of June 2023: $791.94K USD
Based on the latest financial reports, RMX Industries, Inc. (RMXI) has net assets worth $791.94K USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.08 Million) and total liabilities ($283.44K). 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 | $791.94K |
| % of Total Assets | 73.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
RMX Industries, Inc. - Net Assets Trend (2022–2023)
This chart illustrates how RMX Industries, 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 RMX Industries, Inc. (2022–2023)
The table below shows the annual net assets of RMX Industries, Inc. from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.22 Million | +779.11% |
| 2022-12-31 | $-327.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RMX Industries, 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 592173100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $8.48 Million | 381.49% |
| Total Equity | $2.22 Million | 100.00% |
RMX Industries, Inc. Competitors by Market Cap
The table below lists competitors of RMX Industries, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nexteq plc
F:R87
|
$28.97 Million |
|
Swift Haulage Bhd
KLSE:5303
|
$28.97 Million |
|
PEH Wertpapier AG
F:PEH
|
$28.98 Million |
|
Solarmax Technology Inc. Common Stock
NASDAQ:SMXT
|
$29.00 Million |
|
Horizon Gold Ltd
AU:HRN
|
$28.95 Million |
|
WithTech Inc.
KQ:348350
|
$28.92 Million |
|
Inuvo Inc
NYSE MKT:INUV
|
$28.92 Million |
|
Vanet Gida Sanayi Ic ve Dis Ticaret AS
IS:VANGD
|
$28.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RMX Industries, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -327,411 to 2,223,473, a change of 2,550,884.
- Net loss of 5,921,731 reduced equity.
- New share issuances of 4,348,658 increased equity.
- Other factors increased equity by 4,123,957.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.92 Million | -266.33% |
| Share Issuances | $4.35 Million | +195.58% |
| Other Changes | $4.12 Million | +185.47% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares RMX Industries, 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: 16.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $-0.02 | $2.67 | x |
| 2023-12-31 | $0.16 | $2.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RMX Industries, 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): -266.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14018.92%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.18x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -266.33% | -14018.92% | 0.02x | 1.18x | $-6.14 Million |
Industry Comparison
This section compares RMX Industries, Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RMX Industries, Inc. (RMXI) | $791.94K | -266.33% | 0.36x | $28.95 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |