Armada Mercantile Ltd
Armada Mercantile Ltd., a financial services company, provides merchant banking services worldwide. The company offers advisory services; Form 10, Form S-1, Form 15C211, and DTC Eligibility filings; broker-dealer products and services; and commercial finance services, including account receivable factoring, supply chain, and revenue lines of credit, as well as other types of specialized finance. … Read more
Armada Mercantile Ltd (AAMTF) - Net Assets
Latest net assets as of November 2025: $1.60 Million USD
Based on the latest financial reports, Armada Mercantile Ltd (AAMTF) has net assets worth $1.60 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.65 Million) and total liabilities ($58.17K). 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 | $1.60 Million |
| % of Total Assets | 96.48% |
| Annual Growth Rate | 10.91% |
| 5-Year Change | -70.44% |
| 10-Year Change | 190.78% |
| Growth Volatility | 338.29 |
Armada Mercantile Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Armada Mercantile Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Armada Mercantile Ltd (2007–2025)
The table below shows the annual net assets of Armada Mercantile Ltd from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $1.61 Million | -72.30% |
| 2024-02-29 | $5.83 Million | -0.39% |
| 2023-02-28 | $5.85 Million | +6.10% |
| 2022-02-28 | $5.52 Million | +1.00% |
| 2021-02-28 | $5.46 Million | +8171.24% |
| 2020-02-29 | $-67.67K | -134.21% |
| 2019-02-28 | $197.80K | +3.30% |
| 2018-02-28 | $191.47K | +159.57% |
| 2017-02-28 | $73.76K | -86.72% |
| 2016-02-29 | $555.29K | -57.30% |
| 2015-02-28 | $1.30 Million | +1106.55% |
| 2014-02-28 | $107.78K | +189.17% |
| 2013-02-28 | $-120.88K | -856.82% |
| 2012-02-29 | $-12.63K | +95.23% |
| 2011-02-28 | $-265.03K | -29.07% |
| 2010-02-28 | $-205.34K | -15.47% |
| 2009-02-28 | $-177.83K | -8.63% |
| 2008-02-29 | $-163.70K | -165.36% |
| 2007-02-28 | $250.45K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Armada Mercantile Ltd'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 58475800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.08 Million | 500.44% |
| Other Comprehensive Income | $111.98K | 6.94% |
| Other Components | $607.84K | 37.64% |
| Total Equity | $1.61 Million | 100.00% |
Armada Mercantile Ltd Competitors by Market Cap
The table below lists competitors of Armada Mercantile Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rapac Communication & Infrastructure Ltd
TA:RPAC
|
$3.53 Million |
|
Nutex Investments PLC
BUD:NUTEX
|
$3.53 Million |
|
Alice QUEEN Ltd
AU:AQX
|
$3.53 Million |
|
Next Technology Holding Inc
NASDAQ:NXTT
|
$3.54 Million |
|
Active Biotech AB (publ)
F:BTPC
|
$3.53 Million |
|
Pixie Dust Technologies, Inc. American Depositary Shares
NASDAQ:PXDT
|
$3.53 Million |
|
Dnonce Tech Bhd
KLSE:7114
|
$3.53 Million |
|
PT Jasa Berdikari Logistics Tb
JK:LAJU
|
$3.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Armada Mercantile Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,829,552 to 1,614,706, a change of -4,214,846 (-72.3%).
- Net loss of 5,034,300 reduced equity.
- New share issuances of 793,346 increased equity.
- Other comprehensive income increased equity by 26,108.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.03 Million | -311.78% |
| Share Issuances | $793.35K | +49.13% |
| Other Comprehensive Income | $26.11K | +1.62% |
| Total Change | $- | -72.30% |
Book Value vs Market Value Analysis
This analysis compares Armada Mercantile Ltd'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: 3.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.64x to 3.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-02-28 | $0.01 | $0.24 | x |
| 2008-02-29 | $-0.01 | $0.24 | x |
| 2009-02-28 | $-0.01 | $0.24 | x |
| 2010-02-28 | $-0.01 | $0.24 | x |
| 2011-02-28 | $-0.02 | $0.24 | x |
| 2012-02-29 | $0.00 | $0.24 | x |
| 2013-02-28 | $-0.01 | $0.24 | x |
| 2014-02-28 | $0.01 | $0.24 | x |
| 2015-02-28 | $0.07 | $0.24 | x |
| 2016-02-29 | $0.03 | $0.24 | x |
| 2017-02-28 | $0.00 | $0.24 | x |
| 2018-02-28 | $0.01 | $0.24 | x |
| 2019-02-28 | $0.01 | $0.24 | x |
| 2020-02-29 | $0.00 | $0.24 | x |
| 2021-02-28 | $0.30 | $0.24 | x |
| 2022-02-28 | $0.29 | $0.24 | x |
| 2023-02-28 | $0.31 | $0.24 | x |
| 2024-02-29 | $0.31 | $0.24 | x |
| 2025-02-28 | $0.08 | $0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Armada Mercantile Ltd 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): -311.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3157.83%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.02x
- Recent ROE (-311.78%) is below the historical average (-42.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -137.32% | -573.70% | 0.19x | 1.27x | $-368.96K |
| 2008 | 0.00% | -2137.31% | 1.61x | 0.00x | $-397.78K |
| 2009 | 0.00% | -56.53% | 8.21x | 0.00x | $-35.28K |
| 2010 | 0.00% | -31.41% | 4.68x | 0.00x | $-9.91K |
| 2011 | 0.00% | -92.17% | 4.43x | 0.00x | $-33.19K |
| 2012 | 0.00% | 96.43% | 0.91x | 0.00x | $253.66K |
| 2013 | 0.00% | -132.74% | 0.44x | 0.00x | $-96.15K |
| 2014 | 157.95% | 40.99% | 1.15x | 3.36x | $159.46K |
| 2015 | 91.71% | 968.07% | 0.09x | 1.10x | $1.06 Million |
| 2016 | -76.91% | -264.24% | 0.25x | 1.15x | $-482.62K |
| 2017 | -652.80% | -403.63% | 0.75x | 2.16x | $-488.91K |
| 2018 | 33.26% | 83.64% | 0.25x | 1.60x | $44.54K |
| 2019 | -9.79% | -115.70% | 0.06x | 1.44x | $-39.15K |
| 2020 | 0.00% | -8095.92% | 0.15x | 0.00x | $-261.13K |
| 2021 | 101.24% | 62750.34% | 0.00x | 1.02x | $4.98 Million |
| 2022 | 0.78% | 1587.50% | 0.00x | 1.02x | $-508.47K |
| 2023 | 4.14% | 473.04% | 0.01x | 1.09x | $-342.81K |
| 2024 | -0.27% | -7.71% | 0.03x | 1.09x | $-598.88K |
| 2025 | -311.78% | -3157.83% | 0.10x | 1.02x | $-5.20 Million |
Industry Comparison
This section compares Armada Mercantile Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $308,784,671
- Average return on equity (ROE) among peers: -4.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Armada Mercantile Ltd (AAMTF) | $1.60 Million | -137.32% | 0.04x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |