TaTaTu SpA
Tatatu S.p.A. operates a social media and entertainment application. The company was founded in 2020 and is based in Rome, Italy. Tatatu S.p.A. is a subsidiary of IA Media S.A.
TaTaTu SpA (ALTTU) - Net Assets
Latest net assets as of December 2023: €39.02 Million EUR
Based on the latest financial reports, TaTaTu SpA (ALTTU) has net assets worth €39.02 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€87.76 Million) and total liabilities (€48.74 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 | €39.02 Million |
| % of Total Assets | 44.46% |
| Annual Growth Rate | 73.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 96.02 |
TaTaTu SpA - Net Assets Trend (2020–2023)
This chart illustrates how TaTaTu SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TaTaTu SpA (2020–2023)
The table below shows the annual net assets of TaTaTu SpA from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €39.02 Million | +29.92% |
| 2022-12-31 | €30.03 Million | +229.22% |
| 2021-12-31 | €9.12 Million | +21.42% |
| 2020-12-31 | €7.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TaTaTu SpA'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 3518000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €8.22 Million | 20.75% |
| Other Comprehensive Income | €767.00K | 1.93% |
| Other Components | €66.32 Million | 167.30% |
| Total Equity | €39.64 Million | 100.00% |
TaTaTu SpA Competitors by Market Cap
The table below lists competitors of TaTaTu SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VAN DE VELDE (NACH AUFT.)
F:VO4
|
$151.23 Million |
|
AirTrip Corp
PINK:EOVBF
|
$151.24 Million |
|
TEN SQUARE GAMES ZY-10
F:1HQ
|
$151.28 Million |
|
IAR Systems Group AB Series B
LSE:0QTV
|
$151.39 Million |
|
Stratus Properties Inc
NASDAQ:STRS
|
$151.18 Million |
|
Starpharma Holdings Ltd
OTCQX:SPHRY
|
$151.17 Million |
|
Starz Entertainment LLC
NASDAQ:STRZ
|
$151.15 Million |
|
d'Amico International Shipping S.A
OTCQX:DMCOF
|
$151.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TaTaTu SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 31,538,000 to 39,639,000, a change of 8,101,000 (25.7%).
- Net loss of 24,145,000 reduced equity.
- Share repurchases of 7,400,000,000 reduced equity.
- New share issuances of 7,400,000,000 increased equity.
- Other comprehensive income increased equity by 767,000.
- Other factors increased equity by 31,479,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-24.14 Million | -60.91% |
| Share Repurchases | €7.40 Billion | -18668.48% |
| Share Issuances | €7.40 Billion | +18668.48% |
| Other Comprehensive Income | €767.00K | +1.93% |
| Other Changes | €31.48 Million | +79.41% |
| Total Change | €- | 25.69% |
Book Value vs Market Value Analysis
This analysis compares TaTaTu SpA'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: 0.11x
- 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 decreased from 0.59x to 0.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €9.23 | €5.45 | x |
| 2021-12-31 | €11.20 | €5.45 | x |
| 2022-12-31 | €38.73 | €5.45 | x |
| 2023-12-31 | €49.25 | €5.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TaTaTu SpA 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): -60.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.68%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.21x
- Recent ROE (-60.91%) is below the historical average (-20.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -6.50% | -1.98% | 0.71x | 4.58x | €-1.24 Million |
| 2021 | 14.35% | 2.77% | 1.25x | 4.15x | €396.80K |
| 2022 | -29.64% | -8.34% | 0.71x | 5.00x | €-12.50 Million |
| 2023 | -60.91% | -28.68% | 0.96x | 2.21x | €-28.11 Million |
Industry Comparison
This section compares TaTaTu SpA's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $43,723,325
- Average return on equity (ROE) among peers: -1.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TaTaTu SpA (ALTTU) | €39.02 Million | -6.50% | 1.25x | $151.21 Million |
| 74SW (74SW) | $298.51 Million | 8.87% | 0.60x | $306.17K |
| Sidetrade (ALBFR) | $3.64 Million | 0.00% | 0.55x | $128.85 Million |
| Immersion SA (ALIMR) | $1.88 Million | -16.45% | 2.21x | $792.66K |
| NamR SA (ALNMR) | $-8.12 Million | 0.00% | 0.00x | $460.23K |
| Energisme (ALNRG) | $3.70 Million | -31.31% | 0.97x | $9.87 Million |
| Prologue (ALPRG) | $28.62 Million | -3.11% | 2.08x | $19.19 Million |
| Prodware (ALPRO) | $37.53 Million | 14.05% | 2.08x | $1.71 Million |
| Streamwide (ALSTW) | $10.88 Million | 16.85% | 0.66x | $87.85 Million |
| Blockchain Group SA (ALTBG) | $16.86 Million | 0.26% | 0.61x | $267.70 Million |