FansUnite Entertainment Inc
FansUnite Entertainment Inc. operates as a sports and entertainment company in Canada. It focuses on services related to regulated and lawful online sports betting, casino, and other related products. The company was founded in 2018 and is headquartered in Vancouver, Canada.
FansUnite Entertainment Inc (FUNFF) - Net Assets
Latest net assets as of September 2025: $5.23 Million USD
Based on the latest financial reports, FansUnite Entertainment Inc (FUNFF) has net assets worth $5.23 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 ($5.40 Million) and total liabilities ($172.24K). 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 | $5.23 Million |
| % of Total Assets | 96.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | -75.02% |
| 10-Year Change | N/A |
| Growth Volatility | 1571.67 |
FansUnite Entertainment Inc - Net Assets Trend (2017–2024)
This chart illustrates how FansUnite Entertainment 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 FansUnite Entertainment Inc (2017–2024)
The table below shows the annual net assets of FansUnite Entertainment Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.72 Million | -81.05% |
| 2023-12-31 | $30.18 Million | -29.79% |
| 2022-12-31 | $42.98 Million | -48.39% |
| 2021-12-31 | $83.29 Million | +263.80% |
| 2020-12-31 | $22.89 Million | +4209.78% |
| 2019-12-31 | $531.18K | -80.70% |
| 2018-12-31 | $2.75 Million | +562.63% |
| 2017-12-31 | $-594.84K | -- |
Equity Component Analysis
This analysis shows how different components contribute to FansUnite Entertainment 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 11055805700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $96.16 Million | 1681.43% |
| Other Comprehensive Income | $20.71 Million | 362.14% |
| Total Equity | $5.72 Million | 100.00% |
FansUnite Entertainment Inc Competitors by Market Cap
The table below lists competitors of FansUnite Entertainment Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Princess Private Equity Holding Ltd
LSE:PEY
|
$87.40K |
|
AI Era Corp.
NASDAQ:ABQQD
|
$87.52K |
|
CITIZEN HOLDINGS
MU:CTZ
|
$87.54K |
|
Aimfinity Investment Corp. I Warrant
NASDAQ:AIMAW
|
$87.55K |
|
GRAND CITY PRO (GYC.SG)
STU:GYC
|
$87.29K |
|
Springvest Oyj
HE:SPRING
|
$87.22K |
|
Qlosr Group AB Series B
ST:QLOSR-B
|
$87.16K |
|
SASOL (SAOA.SG)
STU:SAOA
|
$87.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FansUnite Entertainment Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,179,000 to 5,719,000, a change of -24,460,000 (-81.0%).
- Net income of 4,085,000 contributed positively to equity growth.
- Share repurchases of 26,067,000 reduced equity.
- Other comprehensive income decreased equity by 2,478,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.08 Million | +71.43% |
| Share Repurchases | $26.07 Million | -455.8% |
| Other Comprehensive Income | $-2.48 Million | -43.33% |
| Total Change | $- | -81.05% |
Book Value vs Market Value Analysis
This analysis compares FansUnite Entertainment 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: 0.03x
- 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 |
|---|---|---|---|
| 2017-12-31 | $-0.02 | $0.00 | x |
| 2018-12-31 | $0.09 | $0.00 | x |
| 2019-12-31 | $0.01 | $0.00 | x |
| 2020-12-31 | $0.24 | $0.00 | x |
| 2021-12-31 | $0.42 | $0.00 | x |
| 2022-12-31 | $0.14 | $0.00 | x |
| 2023-12-31 | $0.09 | $0.00 | x |
| 2024-12-31 | $0.02 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FansUnite Entertainment 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): 71.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (71.43%) is above the historical average (-110.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -2380.83% | 1.21x | 0.00x | $-419.52K |
| 2018 | -118.28% | -39150.83% | 0.00x | 1.32x | $-3.53 Million |
| 2019 | -556.30% | -60085.40% | 0.00x | 2.61x | $-3.01 Million |
| 2020 | -58.81% | -864.12% | 0.06x | 1.10x | $-15.75 Million |
| 2021 | -20.47% | -304.28% | 0.03x | 2.14x | $-25.38 Million |
| 2022 | -142.54% | -266.14% | 0.30x | 1.80x | $-65.57 Million |
| 2023 | -55.32% | -70.39% | 0.41x | 1.90x | $-19.71 Million |
| 2024 | 71.43% | 0.00% | 0.00x | 1.08x | $3.51 Million |
Industry Comparison
This section compares FansUnite Entertainment Inc's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $801,162,083
- Average return on equity (ROE) among peers: 8.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FansUnite Entertainment Inc (FUNFF) | $5.23 Million | 0.00% | 0.03x | $87.31K |
| Apple iSports Group Inc (AAPI) | $-5.31 Million | 0.00% | 0.00x | $44.40 Million |
| Accel Entertainment Inc (ACEL) | $-43.01 Million | 0.00% | 0.00x | $465.17 Million |
| PlayAGS Inc (AGS) | $135.80 Million | -15.35% | 4.39x | $436.80 Million |
| AGTech Holdings Limited (AGTEF) | $2.30 Billion | 14.45% | 0.75x | $48.64 Million |
| Ainsworth Game Technology Limited (AINSF) | $320.24 Million | 1.65% | 0.33x | $27.14 Million |
| Aristocrat Leisure Limited (ARLUF) | $1.73 Billion | 31.32% | 2.37x | $20.17 Billion |
| Bragg Gaming Group Inc (BRAG) | $70.25 Million | -5.46% | 0.47x | $32.17 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $116.29K |
| Betsson AB (BTSBF) | $759.20 Million | 23.35% | 0.58x | $1.61 Billion |
| Betsson AB (publ) (BTSNY) | $759.20 Million | 23.35% | 0.58x | $1.39 Billion |