RESAAS Services Inc
RESAAS Services Inc. develops web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine. It also provide… Read more
RESAAS Services Inc (RSASF) - Net Assets
Latest net assets as of September 2025: $-896.12K USD
Based on the latest financial reports, RESAAS Services Inc (RSASF) has net assets worth $-896.12K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($102.10K) and total liabilities ($998.22K). 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 | $-896.12K |
| % of Total Assets | -877.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -111.59% |
| Growth Volatility | 673.37 |
RESAAS Services Inc - Net Assets Trend (2010–2024)
This chart illustrates how RESAAS Services 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 RESAAS Services Inc (2010–2024)
The table below shows the annual net assets of RESAAS Services Inc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-864.50K | -1629.27% |
| 2023-12-31 | $-49.99K | +88.46% |
| 2022-12-31 | $-433.29K | -69.92% |
| 2021-12-31 | $-255.00K | -690.93% |
| 2020-12-31 | $-32.24K | -104.16% |
| 2019-12-31 | $774.52K | -48.51% |
| 2018-12-31 | $1.50 Million | +25.09% |
| 2017-12-31 | $1.20 Million | -83.78% |
| 2016-12-31 | $7.42 Million | -0.60% |
| 2015-12-31 | $7.46 Million | +54.12% |
| 2014-12-31 | $4.84 Million | +5.98% |
| 2013-12-31 | $4.57 Million | -39.37% |
| 2012-12-31 | $7.53 Million | +36.52% |
| 2011-12-31 | $5.52 Million | +2221.41% |
| 2010-12-31 | $237.71K | -- |
Equity Component Analysis
This analysis shows how different components contribute to RESAAS Services 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 5827499400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $57.41 Million | % |
| Total Equity | $-864.50K | 100.00% |
RESAAS Services Inc Competitors by Market Cap
The table below lists competitors of RESAAS Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Western Capital Resources Inc
OTCQB:WCRS
|
$17.72 Million |
|
Capital Properties Inc
OTCQX:CPTP
|
$17.72 Million |
|
ASTech Co., Ltd.
KQ:453860
|
$17.73 Million |
|
Kilitch Drugs (India) Limited
NSE:KILITCH
|
$17.73 Million |
|
Kapuas Prima Coal Tbk PT
JK:ZINC
|
$17.71 Million |
|
PT Multi Garam Utama Tbk
JK:FOLK
|
$17.71 Million |
|
Map Boga Adiperkasa Tbk PT
JK:MAPB
|
$17.71 Million |
|
IBW Financial Corporation
PINK:IBWC
|
$17.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RESAAS Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -49,992 to -864,498, a change of -814,506.
- Net loss of 1,122,328 reduced equity.
- Other factors increased equity by 307,822.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.12 Million | -129.82% |
| Other Changes | $307.82K | +35.61% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares RESAAS Services 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.28 | x |
| 2016-12-31 | $0.00 | $0.28 | x |
| 2017-12-31 | $0.03 | $0.28 | x |
| 2018-12-31 | $0.03 | $0.28 | x |
| 2019-12-31 | $0.01 | $0.28 | x |
| 2020-12-31 | $0.00 | $0.28 | x |
| 2021-12-31 | $0.00 | $0.28 | x |
| 2022-12-31 | $-0.01 | $0.28 | x |
| 2023-12-31 | $0.00 | $0.28 | x |
| 2024-12-31 | $-0.01 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RESAAS Services 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: -313.49%
- • Asset Turnover: 5.20x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-123.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 0.00% | 0.00x | 1.19x | $-23.77K |
| 2011 | 0.00% | 0.00% | 0.00x | 1.01x | $-551.83K |
| 2012 | 0.00% | 0.00% | 0.00x | 1.01x | $-753.38K |
| 2013 | -111.58% | 0.00% | 0.00x | 1.03x | $-5.55 Million |
| 2014 | -139.39% | -112006.26% | 0.00x | 1.03x | $-7.23 Million |
| 2015 | -67.17% | -4675.01% | 0.01x | 1.06x | $-5.76 Million |
| 2016 | -109.05% | -2653.83% | 0.04x | 1.06x | $-8.83 Million |
| 2017 | -632.59% | -1665.18% | 0.25x | 1.55x | $-7.73 Million |
| 2018 | -388.61% | -945.58% | 0.29x | 1.42x | $-6.00 Million |
| 2019 | -403.55% | -389.58% | 0.55x | 1.90x | $-3.20 Million |
| 2020 | 0.00% | -423.34% | 0.98x | 0.00x | $-2.78 Million |
| 2021 | 0.00% | -505.97% | 1.26x | 0.00x | $-2.81 Million |
| 2022 | 0.00% | -317.48% | 0.93x | 0.00x | $-1.15 Million |
| 2023 | 0.00% | -555.59% | 0.50x | 0.00x | $-2.25 Million |
| 2024 | 0.00% | -313.49% | 5.20x | 0.00x | $-1.04 Million |
Industry Comparison
This section compares RESAAS Services Inc'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 |
|---|---|---|---|---|
| RESAAS Services Inc (RSASF) | $-896.12K | 0.00% | N/A | $17.72 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 |