Fast Finance Pay Corp.
Fast Finance Pay Corp. operates as a fintech company. The company offers ff24payments.com, a flexible payment processing platform for online retailers. It also provides ff24pay.com, an application that provides comprehensive banking and instant transfer services for various currencies to individuals and companies. The company's banking services include IBAN accounts, debit card, multi-currency pr… Read more
Fast Finance Pay Corp. (FFPP) - Net Assets
Latest net assets as of September 2025: $15.82 Million USD
Based on the latest financial reports, Fast Finance Pay Corp. (FFPP) has net assets worth $15.82 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.18 Million) and total liabilities ($3.36 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 | $15.82 Million |
| % of Total Assets | 82.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1088.86 |
Fast Finance Pay Corp. - Net Assets Trend (2020–2024)
This chart illustrates how Fast Finance Pay 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 Fast Finance Pay Corp. (2020–2024)
The table below shows the annual net assets of Fast Finance Pay Corp. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.29 Million | +11.21% |
| 2023-12-31 | $6.56 Million | +53.35% |
| 2022-12-31 | $4.27 Million | +2341.81% |
| 2021-12-31 | $175.07K | +284.06% |
| 2020-12-31 | $-95.11K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fast Finance Pay 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 grown by 73292400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.75K | 0.04% |
| Other Comprehensive Income | $-12.71K | -0.17% |
| Other Components | $7.38 Million | 101.18% |
| Total Equity | $7.29 Million | 100.00% |
Fast Finance Pay Corp. Competitors by Market Cap
The table below lists competitors of Fast Finance Pay Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fathom Nickel Inc
OTCQB:FNICF
|
$2.74 Million |
|
Wijaya Cahaya Timber
JK:FWCT
|
$2.74 Million |
|
Vitania Ltd
TA:VTNA
|
$2.74 Million |
|
Victory Resources Corporation
PINK:VRCFF
|
$2.74 Million |
|
Winfarm
PA:ALWF
|
$2.74 Million |
|
Oragenics Inc
NYSE MKT:OGEN
|
$2.74 Million |
|
Tirta Mahakam Resources Tbk
JK:TIRT
|
$2.74 Million |
|
KIBO ENERGY PLC EO -001
F:1I8
|
$2.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fast Finance Pay Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,555,298 to 7,290,127, a change of 734,829 (11.2%).
- Net income of 568,363 contributed positively to equity growth.
- Other comprehensive income decreased equity by 78,418.
- Other factors increased equity by 244,884.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $568.36K | +7.8% |
| Other Comprehensive Income | $-78.42K | -1.08% |
| Other Changes | $244.88K | +3.36% |
| Total Change | $- | 11.21% |
Book Value vs Market Value Analysis
This analysis compares Fast Finance Pay 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
- Current price-to-book ratio: 0.38x
- 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 |
|---|---|---|---|
| 2020-12-31 | $0.00 | $0.10 | x |
| 2021-12-31 | $0.01 | $0.10 | x |
| 2022-12-31 | $0.14 | $0.10 | x |
| 2023-12-31 | $0.20 | $0.10 | x |
| 2024-12-31 | $0.26 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fast Finance Pay 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): 7.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.45%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.71x
- Recent ROE (7.80%) is above the historical average (-22.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 282.86% | 0.39x | 0.00x | $561.90K |
| 2021 | -126.87% | -16.31% | 0.83x | 9.42x | $-239.62K |
| 2022 | 3.32% | 12.35% | 0.12x | 2.16x | $-285.36K |
| 2023 | 3.73% | 5.41% | 0.40x | 1.73x | $-410.97K |
| 2024 | 7.80% | 5.45% | 0.84x | 1.71x | $-160.65K |
Industry Comparison
This section compares Fast Finance Pay Corp.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fast Finance Pay Corp. (FFPP) | $15.82 Million | 0.00% | 0.21x | $2.74 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |