LIGHTON Net Assets
LIGHTON net assets. Based on the latest financial reports, LIGHTON (ALTAI) has net assets worth €4.08 Million EUR (≈ $4.77 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.30 Million ≈ $9.70 Million USD) and total liabilities (€4.22 Million ≈ $4.94 Million USD). 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. Also explore net asset growth rate of LIGHTON to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.08 Million |
| % of Total Assets | 49.13% |
| Annual Growth Rate | 76.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 228.62 |
Net Assets of LIGHTON (2022–2025)
Net assets of LIGHTON from 2022 to 2025. This chart illustrates how LIGHTON's net assets have evolved over time, based on quarterly financial data. See ALTAI net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for LIGHTON (2022–2025)
The table below shows the annual net assets of LIGHTON from 2022 to 2025. For live market cap and overall valuation, see LIGHTON market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €4.08 Million ≈ $4.77 Million |
-64.44% |
| 2024-12-31 | €11.47 Million ≈ $13.41 Million |
+161.62% |
| 2023-12-31 | €4.38 Million ≈ $5.12 Million |
+492.30% |
| 2022-12-31 | €740.00K ≈ $865.14K |
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Equity Component Analysis
This analysis shows how different components contribute to LIGHTON'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 grown by 21600000.0% over the analyzed period, indicating profitable operations and earnings retention.
LIGHTON Net Assets Breakdown (December 2025)
LIGHTON net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €64.00K | 1.57% |
| Other Components | €4.01 Million | 98.43% |
| Total Equity | €4.08 Million | 100.00% |
LIGHTON Competitors by Market Cap
The table below lists competitors of LIGHTON ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rigsave S.P.A.
XETRA:H68
|
$10.21 Million |
|
Active Biotech AB
ST:ACTI
|
$10.21 Million |
|
Clal Biotechnology Industries Ltd
TA:CBI
|
$10.22 Million |
|
Nextedia
PA:ALNXT
|
$10.22 Million |
|
Avicanna Inc
TO:AVCN
|
$10.21 Million |
|
Pivotal Metals Ltd
AU:PVT
|
$10.20 Million |
|
ECOUP OYJ EO 1
F:62H
|
$10.20 Million |
|
Unibap AB
ST:UNIBAP
|
$10.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LIGHTON's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,467,000 to 4,078,000, a change of -7,389,000 (-64.4%).
- Net loss of 7,391,000 reduced equity.
- New share issuances of 3,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-7.39 Million | -181.24% |
| Share Issuances | €3.00K | +0.07% |
| Other Changes | €-1.00K | -0.02% |
| Total Change | €- | -64.44% |
Book Value vs Market Value Analysis
This analysis compares LIGHTON'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: 1.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.74x to 1.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | €0.12 | €1.20 | x |
| 2023-12-31 | €0.73 | €1.20 | x |
| 2024-12-31 | €1.78 | €1.20 | x |
| 2025-12-31 | €0.61 | €1.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LIGHTON 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): -181.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -424.77%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.04x
- Recent ROE (-181.24%) is below the historical average (-38.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -17.97% | -7.20% | 0.61x | 4.06x | €-207.00K |
| 2023 | 85.24% | 46.90% | 1.11x | 1.64x | €3.30 Million |
| 2024 | -41.97% | -426.31% | 0.07x | 1.33x | €-5.96 Million |
| 2025 | -181.24% | -424.77% | 0.21x | 2.04x | €-7.80 Million |
Industry Comparison
This section compares LIGHTON's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $474,939,002
- Average return on equity (ROE) among peers: -17.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LIGHTON (ALTAI) | €4.08 Million | -17.97% | 1.04x | $10.21 Million |
| GECI International SA (ALGEC) | $-4.99 Million | 0.00% | 0.00x | $2.40 Million |
| Hipay Group SA (ALHYP) | $24.34 Million | 8.90% | 6.80x | $29.82 Million |
| Wallix Group SA (ALLIX) | $15.13 Million | -56.41% | 2.86x | $169.74 Million |
| Munic SA (ALMUN) | $12.51 Million | -14.32% | 1.02x | $2.10 Million |
| Tractial S.A. (ALTRA) | $2.57 Million | -72.07% | 1.55x | $7.51 Million |
| OVH Groupe SAS (OVH) | $392.99 Million | -2.62% | 3.25x | $1.79 Billion |
| Verimatrix (VMX) | $135.87 Million | -12.96% | 0.54x | $29.18 Million |
| Worldline SA (WLN) | $3.22 Billion | 9.66% | 1.13x | $760.14 Million |
About LIGHTON
LightOn SA offers generative artificial intelligence solutions. The company provides Paradigm, a platform of software products and solutions integrating key generative AI in the public sector; and Forge, a toolbox enabling businesses and the public sector to create their own. The company was incorporated in 2016 and is based in Paris, France.