Genesis AI Corp.
Genesis AI Corp. does not have significant operations. Previously, it was engaged in the development of cyber security and cryptocurrency software. The company was formerly known as Gallagher Security Corp. and changed its name to Genesis AI Corp. in July 2023. Genesis AI Corp. was incorporated in 2005 and is headquartered in Kelowna, Canada.
Genesis AI Corp. (AIGFF) - Net Assets
Latest net assets as of December 2024: $-859.76K USD
Based on the latest financial reports, Genesis AI Corp. (AIGFF) has net assets worth $-859.76K USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($236.17K) and total liabilities ($1.10 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 | $-859.76K |
| % of Total Assets | -364.05% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Genesis AI Corp. - Net Assets Trend (2020–2024)
This chart illustrates how Genesis AI Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genesis AI Corp. (2020–2024)
The table below shows the annual net assets of Genesis AI Corp. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $-405.64K | +10.59% |
| 2023-06-30 | $-453.68K | -132.71% |
| 2022-06-30 | $-194.96K | +80.46% |
| 2021-06-30 | $-997.51K | -454.61% |
| 2020-06-30 | $-179.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genesis AI Corp.'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 967187900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $30.99 Million | % |
| Total Equity | $-405.64K | 100.00% |
Genesis AI Corp. Competitors by Market Cap
The table below lists competitors of Genesis AI Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CAPITAL POWER
BE:2CP
|
$356.42K |
|
Sempio Co.
KQ:007540
|
$356.51K |
|
Serco Group
LSE:SRP
|
$356.54K |
|
Dellia Grp ASA
OL:DELIA
|
$356.75K |
|
NIPPON MEAT PACKERS - Dusseldorf Stock Exchang
DU:NI6
|
$356.25K |
|
Intema Solutions Inc
OTCQB:ITMZF
|
$356.12K |
|
MATADOR RES
BE:7MR
|
$356.00K |
|
NSAV Holding Inc
PINK:NSAV
|
$355.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genesis AI Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -453,678 to -405,641, a change of 48,037.
- Net loss of 2,329,040 reduced equity.
- New share issuances of 1,673,260 increased equity.
- Other factors increased equity by 703,817.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.33 Million | -574.16% |
| Share Issuances | $1.67 Million | +412.5% |
| Other Changes | $703.82K | +173.51% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Genesis AI Corp.'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 |
|---|---|---|---|
| 2020-06-30 | $-0.01 | $0.08 | x |
| 2021-06-30 | $-0.04 | $0.08 | x |
| 2022-06-30 | $-0.01 | $0.08 | x |
| 2023-06-30 | $-0.02 | $0.08 | x |
| 2024-06-30 | $-0.06 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genesis AI Corp. 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: -337.31%
- • Asset Turnover: 1.71x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | $-170.14K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-842.19K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $761.56K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-356.67K |
| 2024 | 0.00% | -337.31% | 1.71x | 0.00x | $-2.29 Million |
Industry Comparison
This section compares Genesis AI Corp.'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 |
|---|---|---|---|---|
| Genesis AI Corp. (AIGFF) | $-859.76K | 0.00% | N/A | $356.36K |
| 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 |