Wicket Gaming AB
edyoutec AB operates as a game development and educational technology company in Sweden. If offers Cricket Manager Pro, a manager simulation game. It develops and distributes free-to-play; and game-based learning and serious games. The company was formerly known as Wicket Gaming AB and changed its name to edyoutec AB in November 2023. edyoutec AB was incorporated in 2015 and is based in Uppsala, … Read more
Wicket Gaming AB (WIGAF) - Net Assets
Latest net assets as of September 2024: $76.96 Million USD
Based on the latest financial reports, Wicket Gaming AB (WIGAF) has net assets worth $76.96 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($108.05 Million) and total liabilities ($31.09 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 | $76.96 Million |
| % of Total Assets | 71.23% |
| Annual Growth Rate | 66.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 108.17 |
Wicket Gaming AB - Net Assets Trend (2019–2023)
This chart illustrates how Wicket Gaming AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wicket Gaming AB (2019–2023)
The table below shows the annual net assets of Wicket Gaming AB from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $76.13 Million | +51.37% |
| 2022-12-31 | $50.29 Million | +42.28% |
| 2021-12-31 | $35.35 Million | +274.35% |
| 2020-12-31 | $9.44 Million | -5.12% |
| 2019-12-31 | $9.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wicket Gaming AB'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 4416985100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $129.93 Million | 170.68% |
| Total Equity | $76.13 Million | 100.00% |
Wicket Gaming AB Competitors by Market Cap
The table below lists competitors of Wicket Gaming AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norfolk Metals Ltd
AU:NFL
|
$3.33 Million |
|
Isra Presisi Indonesia
JK:ISAP
|
$3.33 Million |
|
The BC Bud Corporation
OTCQB:BCBCF
|
$3.33 Million |
|
SPARK VC S.A. ZY 10
F:8N2
|
$3.33 Million |
|
Trident Gold Corp.
V:TTG
|
$3.33 Million |
|
Sterling Infrastructure Inc
STU:UAO
|
$3.33 Million |
|
Welgene Biotech Co.Ltd.
TWO:6661
|
$3.32 Million |
|
Energoaparatura S.A.
WAR:ENP
|
$3.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wicket Gaming AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 50,290,792 to 76,126,510, a change of 25,835,718 (51.4%).
- Net loss of 20,014,561 reduced equity.
- New share issuances of 53,025,260 increased equity.
- Other factors decreased equity by 7,174,981.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.01 Million | -26.29% |
| Share Issuances | $53.03 Million | +69.65% |
| Other Changes | $-7.17 Million | -9.43% |
| Total Change | $- | 51.37% |
Book Value vs Market Value Analysis
This analysis compares Wicket Gaming AB'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: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.73 | $0.10 | x |
| 2020-12-31 | $1.64 | $0.10 | x |
| 2021-12-31 | $5.64 | $0.10 | x |
| 2022-12-31 | $6.45 | $0.10 | x |
| 2023-12-31 | $2.04 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wicket Gaming AB 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): -26.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.68%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.33x
- Recent ROE (-26.29%) is above the historical average (-36.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -49.27% | -6367.53% | 0.01x | 1.04x | $-5.90 Million |
| 2020 | -51.03% | -14170.59% | 0.00x | 1.13x | $-5.76 Million |
| 2021 | -23.65% | -296480.46% | 0.00x | 1.08x | $-11.90 Million |
| 2022 | -30.92% | -200.98% | 0.08x | 1.88x | $-20.58 Million |
| 2023 | -26.29% | -79.68% | 0.25x | 1.33x | $-27.63 Million |
Industry Comparison
This section compares Wicket Gaming AB's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $16,153,902,976
- Average return on equity (ROE) among peers: -11.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wicket Gaming AB (WIGAF) | $76.96 Million | -49.27% | 0.40x | $3.33 Million |
| Alliance Media Holdings Inc (ADTR) | $-5.41 Million | 0.00% | 0.00x | $0.96 |
| Alpha Esports Tech Inc (APETF) | $-559.60K | 0.00% | 0.00x | $1.22K |
| Atlantis Internet Group Corp (ATIG) | $-2.25 Million | 0.00% | 0.00x | $1.89 |
| Kuuhubb Inc (BCDMF) | $1.64 Million | -199.83% | 0.36x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $814.29K | 54.39% | 5.15x | $1.57K |
| i3 Interactive Inc (BLITF) | $-1.85 Million | 0.00% | 0.00x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $35.84 Million | 0.00% | 0.08x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $161.13 Billion | 22.80% | 0.35x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $380.67 Million | 9.54% | 1.14x | $6.96 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $-2.85 Million | 0.00% | 0.00x | $2.81 Million |