PopReach Corporation
Ionik Corporation operates as a multi-platform technology company in the United States and internationally. It offers a suite of advertising, marketing, and monetization solutions for brands, advertisers, and publishers. The company's product portfolio includes notifyAI, a push messaging platform; Q1Media, which provides custom digital advertising campaign solutions across all advertising platfor… Read more
PopReach Corporation (INIKF) - Net Assets
Latest net assets as of September 2025: $-27.48 Million USD
Based on the latest financial reports, PopReach Corporation (INIKF) has net assets worth $-27.48 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 ($182.72 Million) and total liabilities ($210.20 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 | $-27.48 Million |
| % of Total Assets | -15.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | -261.27% |
| 10-Year Change | N/A |
| Growth Volatility | 1073.73 |
PopReach Corporation - Net Assets Trend (2019–2024)
This chart illustrates how PopReach Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PopReach Corporation (2019–2024)
The table below shows the annual net assets of PopReach Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $-20.19 Million | -2321.23% |
| 2023-09-30 | $909.00K | -98.82% |
| 2022-09-30 | $76.88 Million | +431.78% |
| 2021-09-30 | $14.46 Million | +15.47% |
| 2020-09-30 | $12.52 Million | +558.01% |
| 2019-09-30 | $-2.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PopReach Corporation'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 10556947900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $92.30 Million | % |
| Total Equity | $-20.19 Million | 100.00% |
PopReach Corporation Competitors by Market Cap
The table below lists competitors of PopReach Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KKB Engineering Berhad
KLSE:9466
|
$10.53 Million |
|
Unirea Shopping Center SA
RO:SCDM
|
$10.53 Million |
|
3REN Berhad
KLSE:0328
|
$10.53 Million |
|
Lode Resources Ltd
AU:LDR
|
$10.53 Million |
|
Vivien Corp
KO:002070
|
$10.53 Million |
|
California Nanotechnologies Corp
PINK:CANOF
|
$10.52 Million |
|
9FS1
F:9FS1
|
$10.52 Million |
|
CreditRiskMonitor.Com Inc
OTCQX:CRMZ
|
$10.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PopReach Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 909,000 to -20,191,000, a change of -21,100,000 (-2321.2%).
- Net loss of 22,341,000 reduced equity.
- Other factors increased equity by 1,241,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.34 Million | -110.65% |
| Other Changes | $1.24 Million | +6.15% |
| Total Change | $- | -2321.23% |
Book Value vs Market Value Analysis
This analysis compares PopReach Corporation'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 |
|---|---|---|---|
| 2019-09-30 | $-0.05 | $0.04 | x |
| 2020-09-30 | $0.17 | $0.04 | x |
| 2021-09-30 | $0.20 | $0.04 | x |
| 2022-09-30 | $0.28 | $0.04 | x |
| 2023-09-30 | $0.00 | $0.04 | x |
| 2024-09-30 | $-0.06 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PopReach Corporation 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: -12.48%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1003.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -24.71% | 1.42x | 0.00x | $-4.16 Million |
| 2020 | -50.33% | -34.99% | 0.69x | 2.07x | $-7.55 Million |
| 2021 | 11.03% | 9.34% | 0.63x | 1.86x | $148.81K |
| 2022 | -7.65% | -7.68% | 0.51x | 1.96x | $-13.57 Million |
| 2023 | -5976.57% | -38.69% | 1.01x | 153.48x | $-54.42 Million |
| 2024 | 0.00% | -12.48% | 0.87x | 0.00x | $-20.32 Million |
Industry Comparison
This section compares PopReach Corporation's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PopReach Corporation (INIKF) | $-27.48 Million | 0.00% | N/A | $10.53 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |