WonderFi Technologies Inc
WonderFi Technologies Inc, together with its subsidiaries, engages in the development and acquisition of technology platforms to facilitate investments in the emerging industry of digital assets. It operates through Trading and Payments segments. The company owns and operates digital asset trading platforms comprising Bitbuy and Coinsquare for retail clients, advanced traders, institutions, and c… Read more
WonderFi Technologies Inc (WONDF) - Net Assets
Latest net assets as of September 2025: $74.71 Million USD
Based on the latest financial reports, WonderFi Technologies Inc (WONDF) has net assets worth $74.71 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.40 Billion) and total liabilities ($2.33 Billion). 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 | $74.71 Million |
| % of Total Assets | 3.11% |
| Annual Growth Rate | 60.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 276.1 |
WonderFi Technologies Inc - Net Assets Trend (2021–2024)
This chart illustrates how WonderFi 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 WonderFi Technologies Inc (2021–2024)
The table below shows the annual net assets of WonderFi Technologies Inc from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $102.45 Million | -2.04% |
| 2023-12-31 | $104.58 Million | -36.73% |
| 2022-12-31 | $165.30 Million | +565.55% |
| 2021-12-31 | $24.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WonderFi 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 19091199600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $298.42 Million | 291.29% |
| Total Equity | $102.45 Million | 100.00% |
WonderFi Technologies Inc Competitors by Market Cap
The table below lists competitors of WonderFi Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Doro AB (publ)
F:DR8A
|
$90.34 Million |
|
Golden Matrix Group Inc
NASDAQ:GMGI
|
$90.34 Million |
|
BNCCorp Inc
OTCQX:BNCC
|
$90.37 Million |
|
DELTA PLUS GRP INH.EO-50
F:7E1
|
$90.38 Million |
|
William Penn Bancorp Inc
NASDAQ:WMPN
|
$90.31 Million |
|
Cambi ASA
OL:CAMBI
|
$90.30 Million |
|
AnaPass Inc
KQ:123860
|
$90.22 Million |
|
Lyko Group A
ST:LYKO-A
|
$90.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WonderFi Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,578,327 to 102,449,937, a change of -2,128,390 (-2.0%).
- Net loss of 1,241,265 reduced equity.
- Share repurchases of 2,652,271 reduced equity.
- Other factors increased equity by 1,765,146.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.24 Million | -1.21% |
| Share Repurchases | $2.65 Million | -2.59% |
| Other Changes | $1.77 Million | +1.72% |
| Total Change | $- | -2.04% |
Book Value vs Market Value Analysis
This analysis compares WonderFi 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: 0.92x
- 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.
- The price-to-book ratio has increased from 0.20x to 0.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.72 | $0.15 | x |
| 2022-12-31 | $1.29 | $0.15 | x |
| 2023-12-31 | $0.16 | $0.15 | x |
| 2024-12-31 | $0.16 | $0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WonderFi 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): -1.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.15%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 21.71x
- Recent ROE (-1.21%) is above the historical average (-14.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -20.38% | -1993.32% | 0.01x | 1.02x | $-7.55 Million |
| 2022 | -21.52% | -549.10% | 0.01x | 2.72x | $-52.11 Million |
| 2023 | -16.73% | -61.88% | 0.02x | 10.86x | $-27.95 Million |
| 2024 | -1.21% | -2.15% | 0.03x | 21.71x | $-11.49 Million |
Industry Comparison
This section compares WonderFi Technologies 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 |
|---|---|---|---|---|
| WonderFi Technologies Inc (WONDF) | $74.71 Million | -20.38% | 31.13x | $90.31 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 |