Invictus Financial Inc
Mapath Capital Corp. does not have significant operations. Previously, it was engaged in the provision of financial internet solutions, and tools content and services. The company was formerly known as Invictus Financial Inc. and changed its name to Mapath Capital Corp. in December 2022. Mapath Capital Corp. is based in Vancouver, Canada.
Invictus Financial Inc (IVFZF) - Net Assets
Latest net assets as of September 2025: $-554.03K USD
Based on the latest financial reports, Invictus Financial Inc (IVFZF) has net assets worth $-554.03K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.81K) and total liabilities ($570.84K). 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 | $-554.03K |
| % of Total Assets | -3296.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 103.14 |
Invictus Financial Inc - Net Assets Trend (1998–2024)
This chart illustrates how Invictus Financial 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 Invictus Financial Inc (1998–2024)
The table below shows the annual net assets of Invictus Financial Inc from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-464.94K | -12.93% |
| 2023-12-31 | $-411.72K | -28.87% |
| 2022-12-31 | $-319.48K | -52.21% |
| 2021-12-31 | $-209.89K | -49.78% |
| 2020-12-31 | $-140.13K | +56.16% |
| 2019-12-31 | $-319.67K | -31.98% |
| 2018-12-31 | $-242.21K | +79.31% |
| 2017-12-31 | $-1.17 Million | -13.66% |
| 2016-12-31 | $-1.03 Million | -12.51% |
| 2015-12-31 | $-915.57K | -11.40% |
| 2014-12-31 | $-821.85K | -22.94% |
| 2013-12-31 | $-668.48K | +69.54% |
| 2009-12-31 | $-2.19 Million | -16.41% |
| 2008-12-31 | $-1.89 Million | -224.36% |
| 2007-12-31 | $1.52 Million | +18.16% |
| 2006-12-31 | $1.28 Million | -11.45% |
| 2005-12-31 | $1.45 Million | -10.20% |
| 2004-12-31 | $1.61 Million | +29.25% |
| 2003-12-31 | $1.25 Million | +199.81% |
| 2002-12-31 | $-1.25 Million | +54.41% |
| 2001-12-31 | $-2.74 Million | -3.69% |
| 2000-12-31 | $-2.65 Million | -194.50% |
| 1999-12-31 | $2.80 Million | +16492.48% |
| 1998-12-31 | $-17.08K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Invictus Financial 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 2765130600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.17 Million | % |
| Other Comprehensive Income | $4.04 Million | % |
| Total Equity | $-464.94K | 100.00% |
Invictus Financial Inc Competitors by Market Cap
The table below lists competitors of Invictus Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CLP HLDGS
MU:CLP
|
$78.16K |
|
BURFORD CAP -NPV-
BE:9BF
|
$78.27K |
|
Veritas Pharma Inc
PINK:VRTHF
|
$78.48K |
|
Hyflux Ltd
PINK:HYFXF
|
$78.52K |
|
Lindbergh S.p.A.
F:D8M
|
$78.12K |
|
PCT Ltd
PINK:PCTL
|
$78.06K |
|
ENMT3F
SA:ENMT3F
|
$78.06K |
|
VALUE-HOLDINGS
MU:VHO
|
$78.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Invictus Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -411,722 to -464,940, a change of -53,218.
- Net loss of 85,101 reduced equity.
- Other comprehensive income increased equity by 36,176.
- Other factors decreased equity by 4,293.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-85.10K | -18.3% |
| Other Comprehensive Income | $36.18K | +7.78% |
| Other Changes | $-4.29K | -0.92% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Invictus Financial 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $-0.33 | $0.01 | x |
| 1999-12-31 | $16.00 | $0.01 | x |
| 2000-12-31 | $-12.77 | $0.01 | x |
| 2001-12-31 | $-11.79 | $0.01 | x |
| 2002-12-31 | $-3.54 | $0.01 | x |
| 2003-12-31 | $1.90 | $0.01 | x |
| 2004-12-31 | $1.88 | $0.01 | x |
| 2005-12-31 | $1.71 | $0.01 | x |
| 2006-12-31 | $1.51 | $0.01 | x |
| 2007-12-31 | $1.54 | $0.01 | x |
| 2008-12-31 | $-1.83 | $0.01 | x |
| 2009-12-31 | $-2.09 | $0.01 | x |
| 2010-12-31 | $-1.18 | $0.01 | x |
| 2011-12-31 | $-0.36 | $0.01 | x |
| 2012-12-31 | $-0.49 | $0.01 | x |
| 2013-12-31 | $-0.40 | $0.01 | x |
| 2014-12-31 | $-0.29 | $0.01 | x |
| 2015-12-31 | $-0.33 | $0.01 | x |
| 2016-12-31 | $-0.37 | $0.01 | x |
| 2017-12-31 | $-0.42 | $0.01 | x |
| 2018-12-31 | $-0.02 | $0.01 | x |
| 2019-12-31 | $-0.01 | $0.01 | x |
| 2020-12-31 | $-0.01 | $0.01 | x |
| 2021-12-31 | $-0.01 | $0.01 | x |
| 2022-12-31 | $-0.01 | $0.01 | x |
| 2023-12-31 | $-0.02 | $0.01 | x |
| 2024-12-31 | $-0.02 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Invictus Financial 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-25.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | -17.37% | 4.02x | 0.00x | $-147.29K |
| 1999 | -150.00% | -221.05% | 0.49x | 1.39x | $-4.48 Million |
| 2000 | 0.00% | -206.36% | 3.36x | 0.00x | $-8.07 Million |
| 2001 | 0.00% | -18.97% | 3.95x | 0.00x | $-267.64K |
| 2002 | 0.00% | -15.62% | 1.35x | 0.00x | $-181.92K |
| 2003 | -130.41% | -53.91% | 1.43x | 1.70x | $-1.75 Million |
| 2004 | 0.97% | 0.32% | 1.70x | 1.76x | $-145.74K |
| 2005 | -4.04% | -0.96% | 1.85x | 2.27x | $-203.48K |
| 2006 | -61.65% | -10.19% | 2.24x | 2.70x | $-919.30K |
| 2007 | -338.65% | -36.29% | 1.81x | 5.15x | $-5.29 Million |
| 2008 | 0.00% | -64.12% | 3.19x | 0.00x | $-6.36 Million |
| 2009 | 0.00% | -26.88% | 0.99x | 0.00x | $-194.55K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $979.57K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $891.60K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-108.43K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-110.15K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-126.82K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.16K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.18K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.65K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-115.18K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-45.49K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $193.56K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-48.77K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-102.22K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $41.08K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-38.61K |
Industry Comparison
This section compares Invictus Financial Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Invictus Financial Inc (IVFZF) | $-554.03K | 0.00% | N/A | $78.12K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |