i3 Interactive Inc
i3 Interactive Inc. engages in the development and provision of online and mobile gaming platform. Its platform offers social gaming, sports betting, and casino products. The company offers its products under the BLITZBET and LineMovement brands. i3 Interactive Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.
i3 Interactive Inc (BLITF) - Net Assets
Latest net assets as of September 2021: $10.79 Million USD
Based on the latest financial reports, i3 Interactive Inc (BLITF) has net assets worth $10.79 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.95 Million) and total liabilities ($3.16 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 | $10.79 Million |
| % of Total Assets | 77.34% |
| Annual Growth Rate | 30.45% |
| 5-Year Change | 545.42% |
| 10-Year Change | 74.21% |
| Growth Volatility | 204.25 |
i3 Interactive Inc - Net Assets Trend (2009–2020)
This chart illustrates how i3 Interactive 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 i3 Interactive Inc (2009–2020)
The table below shows the annual net assets of i3 Interactive Inc from 2009 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $3.55 Million | +281.46% |
| 2019-12-31 | $-1.96 Million | -5.60% |
| 2018-12-31 | $-1.85 Million | -70.06% |
| 2017-12-31 | $-1.09 Million | -298.06% |
| 2016-12-31 | $550.35K | +146.72% |
| 2015-12-31 | $223.07K | -49.24% |
| 2014-12-31 | $439.47K | -34.91% |
| 2013-12-31 | $675.15K | -66.67% |
| 2012-12-31 | $2.03 Million | -0.65% |
| 2011-12-31 | $2.04 Million | +89.61% |
| 2010-12-31 | $1.08 Million | +463.81% |
| 2009-12-31 | $190.73K | -- |
Equity Component Analysis
This analysis shows how different components contribute to i3 Interactive 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 3380519600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $29.02 Million | 1043.72% |
| Other Comprehensive Income | $7.67 Million | 276.01% |
| Other Components | $0.99 | 0.00% |
| Total Equity | $2.78 Million | 100.00% |
i3 Interactive Inc Competitors by Market Cap
The table below lists competitors of i3 Interactive Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eva Live, Inc.
OTCQB:GOAID
|
$21.83K |
|
Global Care Capital Inc
PINK:RSCZF
|
$21.85K |
|
EALT3F
SA:EALT3F
|
$21.87K |
|
Misr Conditioning (Miraco)
EGX:MRCO
|
$21.92K |
|
Seahawk Gold Corp
PINK:SEHKF
|
$21.77K |
|
MM Conferences S.A.
WAR:MMC
|
$21.75K |
|
VTRU3F
SA:VTRU3F
|
$21.75K |
|
Mineral Mountain Mining & Milling Co
PINK:MMMM
|
$21.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in i3 Interactive Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -1,957,537 to 2,780,690, a change of 4,738,227.
- Net loss of 31,248,404 reduced equity.
- Dividend payments of 1,211,925 reduced retained earnings.
- Share repurchases of 215,485 reduced equity.
- New share issuances of 5,478,799 increased equity.
- Other comprehensive income increased equity by 6,540,936.
- Other factors increased equity by 25,394,306.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-31.25 Million | -1123.76% |
| Dividends Paid | $1.21 Million | -43.58% |
| Share Repurchases | $215.48K | -7.75% |
| Share Issuances | $5.48 Million | +197.03% |
| Other Comprehensive Income | $6.54 Million | +235.23% |
| Other Changes | $25.39 Million | +913.24% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares i3 Interactive 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.00 | $0.00 | x |
| 2010-12-31 | $6.62 | $0.00 | x |
| 2011-12-31 | $5.67 | $0.00 | x |
| 2012-12-31 | $4.38 | $0.00 | x |
| 2013-12-31 | $1.34 | $0.00 | x |
| 2014-12-31 | $0.33 | $0.00 | x |
| 2015-12-31 | $0.12 | $0.00 | x |
| 2016-12-31 | $0.21 | $0.00 | x |
| 2017-12-31 | $-0.30 | $0.00 | x |
| 2018-12-31 | $-0.47 | $0.00 | x |
| 2019-12-31 | $-0.44 | $0.00 | x |
| 2020-12-31 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently i3 Interactive 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): -1123.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8548.98%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.13x
- Recent ROE (-1123.76%) is below the historical average (-178.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -58.51% | 0.00% | 0.00x | 1.75x | $-130.67K |
| 2010 | -22.17% | 0.00% | 0.00x | 1.10x | $-345.91K |
| 2011 | -48.71% | 0.00% | 0.00x | 1.04x | $-1.20 Million |
| 2012 | -31.21% | 0.00% | 0.00x | 1.05x | $-834.72K |
| 2013 | -202.50% | 0.00% | 0.00x | 1.26x | $-1.43 Million |
| 2014 | -289.81% | 0.00% | 0.00x | 1.19x | $-1.32 Million |
| 2015 | -214.65% | 0.00% | 0.00x | 2.78x | $-501.13K |
| 2016 | -145.76% | 0.00% | 0.00x | 2.40x | $-857.22K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.94 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-691.52K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $83.46K |
| 2020 | -1123.76% | -8548.98% | 0.06x | 2.13x | $-31.53 Million |
Industry Comparison
This section compares i3 Interactive Inc's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $17,948,987,050
- Average return on equity (ROE) among peers: -12.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| i3 Interactive Inc (BLITF) | $10.79 Million | -58.51% | 0.29x | $21.80K |
| Alliance Media Holdings Inc (ADTR) | $-5.41 Million | 0.00% | 0.00x | $0.96 |
| Alpha Esports Tech Inc (APETF) | $-559.60K | 0.00% | 0.00x | $1.22K |
| Atlantis Internet Group Corp (ATIG) | $-2.25 Million | 0.00% | 0.00x | $1.89 |
| Kuuhubb Inc (BCDMF) | $1.64 Million | -199.83% | 0.36x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $814.29K | 54.39% | 5.15x | $1.57K |
| Global Gaming Technologies Corp (BLKCF) | $35.84 Million | 0.00% | 0.08x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $161.13 Billion | 22.80% | 0.35x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $380.67 Million | 9.54% | 1.14x | $6.96 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $-2.85 Million | 0.00% | 0.00x | $2.81 Million |