Ackroo Inc
Ackroo Inc. develops and sells an online loyalty and rewards platform that enables businesses to design and execute customer transaction, engagement, and retention strategies primarily in North America. Its platform enables small to medium sized businesses to automate the processing and management of gift card and loyalty transactions to increase profitability and build long-term customer relatio… Read more
Ackroo Inc (AKRFF) - Net Assets
Latest net assets as of September 2024: $2.72 Million USD
Based on the latest financial reports, Ackroo Inc (AKRFF) has net assets worth $2.72 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.42 Million) and total liabilities ($4.70 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 | $2.72 Million |
| % of Total Assets | 36.64% |
| Annual Growth Rate | 1.4% |
| 5-Year Change | 17.04% |
| 10-Year Change | N/A |
| Growth Volatility | 266.56 |
Ackroo Inc - Net Assets Trend (1997–2023)
This chart illustrates how Ackroo Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ackroo Inc (1997–2023)
The table below shows the annual net assets of Ackroo Inc from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.01 Million | +31.48% |
| 2022-12-31 | $1.53 Million | -50.43% |
| 2021-12-31 | $3.08 Million | -19.31% |
| 2020-12-31 | $3.82 Million | +122.55% |
| 2019-12-31 | $1.72 Million | -36.91% |
| 2018-12-31 | $2.72 Million | -21.28% |
| 2017-12-31 | $3.45 Million | +223.26% |
| 2016-12-31 | $1.07 Million | +341.23% |
| 2015-12-31 | $242.16K | +146.72% |
| 2014-12-31 | $-518.28K | -146.63% |
| 2013-12-31 | $1.11 Million | -75.14% |
| 2012-12-31 | $4.47 Million | +11.26% |
| 2011-12-31 | $4.02 Million | +1090.83% |
| 2010-12-31 | $337.48K | +208.90% |
| 2009-12-31 | $-309.88K | -114.38% |
| 2008-12-31 | $2.15 Million | +33.05% |
| 2007-12-31 | $1.62 Million | +1084.23% |
| 2006-12-31 | $-164.54K | -136.15% |
| 2005-12-31 | $455.17K | +114.44% |
| 2004-12-31 | $-3.15 Million | -241.32% |
| 2003-12-31 | $-923.39K | -189.56% |
| 2002-12-31 | $1.03 Million | -20.59% |
| 2001-12-31 | $1.30 Million | +44.26% |
| 1999-12-31 | $900.00K | -25.00% |
| 1998-12-31 | $1.20 Million | -14.29% |
| 1997-12-31 | $1.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ackroo Inc'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 1790045300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.70 Million | 931.31% |
| Other Components | $2.31 Million | 115.03% |
| Total Equity | $2.01 Million | 100.00% |
Ackroo Inc Competitors by Market Cap
The table below lists competitors of Ackroo Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colabor Group Inc
PINK:COLFF
|
$4.75 Million |
|
Bakken Water Transfer Services Inc
PINK:BWTX
|
$4.75 Million |
|
Photozou Holdings Inc
PINK:PTZH
|
$4.75 Million |
|
Immuron Ltd
AU:IMC
|
$4.76 Million |
|
IBKS No3 SPAC
KQ:225430
|
$4.74 Million |
|
Inmobiliaria Park Rose Iberoamericana SOCIMI SA
MC:YPARK
|
$4.74 Million |
|
Ragnar Metals Ltd
AU:RAG
|
$4.74 Million |
|
Lucas GC Limited Ordinary Shares
NASDAQ:LGCL
|
$4.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ackroo Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,527,116 to 2,007,788, a change of 480,672 (31.5%).
- Net income of 843,370 contributed positively to equity growth.
- Share repurchases of 527,466 reduced equity.
- Other comprehensive income decreased equity by 840,513.
- Other factors increased equity by 1,005,281.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $843.37K | +42.0% |
| Share Repurchases | $527.47K | -26.27% |
| Other Comprehensive Income | $-840.51K | -41.86% |
| Other Changes | $1.01 Million | +50.07% |
| Total Change | $- | 31.48% |
Book Value vs Market Value Analysis
This analysis compares Ackroo Inc'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: 5.79x
- 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 increased from 0.00x to 5.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $7526.88 | $0.10 | x |
| 1998-12-31 | $6451.61 | $0.10 | x |
| 1999-12-31 | $4812.83 | $0.10 | x |
| 2001-12-31 | $5620.67 | $0.10 | x |
| 2002-12-31 | $784.06 | $0.10 | x |
| 2003-12-31 | $-822.25 | $0.10 | x |
| 2004-12-31 | $-69.71 | $0.10 | x |
| 2005-12-31 | $23.06 | $0.10 | x |
| 2006-12-31 | $-4.07 | $0.10 | x |
| 2007-12-31 | $26.96 | $0.10 | x |
| 2008-12-31 | $20.84 | $0.10 | x |
| 2009-12-31 | $-2.27 | $0.10 | x |
| 2010-12-31 | $1.06 | $0.10 | x |
| 2011-12-31 | $4.36 | $0.10 | x |
| 2012-12-31 | $1.11 | $0.10 | x |
| 2013-12-31 | $0.19 | $0.10 | x |
| 2014-12-31 | $-0.08 | $0.10 | x |
| 2015-12-31 | $0.02 | $0.10 | x |
| 2016-12-31 | $0.05 | $0.10 | x |
| 2017-12-31 | $0.10 | $0.10 | x |
| 2018-12-31 | $0.04 | $0.10 | x |
| 2019-12-31 | $0.02 | $0.10 | x |
| 2020-12-31 | $0.05 | $0.10 | x |
| 2021-12-31 | $0.03 | $0.10 | x |
| 2022-12-31 | $0.01 | $0.10 | x |
| 2023-12-31 | $0.02 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ackroo Inc 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): 42.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.09%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 3.88x
- Recent ROE (42.00%) is above the historical average (-119.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -14.29% | -10.00% | 1.11x | 1.29x | $-340.00K |
| 1998 | -25.00% | -11.54% | 1.73x | 1.25x | $-420.00K |
| 1999 | -33.33% | -15.00% | 2.00x | 1.11x | $-390.00K |
| 2001 | -18.08% | -20.80% | 0.77x | 1.12x | $-364.56K |
| 2002 | -432.85% | -5023.46% | 0.03x | 2.64x | $-4.57 Million |
| 2003 | 0.00% | -105.19% | 1.67x | 0.00x | $-3.47 Million |
| 2004 | 0.00% | -276.07% | 1.26x | 0.00x | $-3.57 Million |
| 2005 | -258.86% | -23.06% | 5.44x | 2.06x | $-1.22 Million |
| 2006 | 0.00% | -9.65% | 26.59x | 0.00x | $-1.61 Million |
| 2007 | -95.14% | -6.57% | 11.34x | 1.28x | $-1.70 Million |
| 2008 | -138.76% | -11.35% | 9.70x | 1.26x | $-3.21 Million |
| 2009 | 0.00% | -9.71% | 56.74x | 0.00x | $-3.65 Million |
| 2010 | -369.76% | -4.82% | 19.15x | 4.00x | $-1.28 Million |
| 2011 | -60.62% | 0.00% | 0.00x | 1.05x | $-2.84 Million |
| 2012 | -121.33% | -796.44% | 0.14x | 1.09x | $-5.87 Million |
| 2013 | -349.29% | -302.36% | 0.74x | 1.56x | $-3.99 Million |
| 2014 | 0.00% | -211.59% | 2.04x | 0.00x | $-2.76 Million |
| 2015 | -659.76% | -87.68% | 0.94x | 8.04x | $-1.62 Million |
| 2016 | -164.05% | -78.81% | 0.84x | 2.49x | $-1.86 Million |
| 2017 | -42.65% | -53.81% | 0.59x | 1.34x | $-1.82 Million |
| 2018 | -39.24% | -24.05% | 1.25x | 1.30x | $-1.34 Million |
| 2019 | -68.75% | -22.54% | 0.65x | 4.68x | $-1.35 Million |
| 2020 | -34.12% | -21.54% | 0.54x | 2.93x | $-1.68 Million |
| 2021 | -86.46% | -44.56% | 0.67x | 2.91x | $-2.97 Million |
| 2022 | -133.38% | -32.52% | 0.81x | 5.04x | $-2.19 Million |
| 2023 | 42.00% | 12.09% | 0.90x | 3.88x | $642.59K |
Industry Comparison
This section compares Ackroo Inc'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 |
|---|---|---|---|---|
| Ackroo Inc (AKRFF) | $2.72 Million | -14.29% | 1.73x | $4.75 Million |
| 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 |