Kr1 PLC
KR1 Plc, a digital asset company, focuses on decentralized technologies and income generation from digital asset through staking activities on proof-of-stake networks. The company was formerly known as Kryptonite 1 plc and changed its name to KR1 Plc in February 2018. KR1 Plc was incorporated in 2006 and is based in Douglas, Isle of Man.
Kr1 PLC (KROEF) - Net Assets
Latest net assets as of June 2025: $71.49 Million USD
Based on the latest financial reports, Kr1 PLC (KROEF) has net assets worth $71.49 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($72.10 Million) and total liabilities ($612.73K). 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 | $71.49 Million |
| % of Total Assets | 99.15% |
| Annual Growth Rate | 77.94% |
| 5-Year Change | 268.14% |
| 10-Year Change | 107885.14% |
| Growth Volatility | 841.55 |
Kr1 PLC - Net Assets Trend (2013–2024)
This chart illustrates how Kr1 PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kr1 PLC (2013–2024)
The table below shows the annual net assets of Kr1 PLC from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $139.40 Million | -28.49% |
| 2023-12-31 | $194.95 Million | +178.48% |
| 2022-12-31 | $70.01 Million | -62.16% |
| 2021-12-31 | $185.03 Million | +388.64% |
| 2020-12-31 | $37.87 Million | +406.65% |
| 2019-12-31 | $7.47 Million | +22.18% |
| 2018-12-31 | $6.12 Million | -54.86% |
| 2017-12-31 | $13.55 Million | +2972.41% |
| 2016-12-31 | $441.07K | +241.67% |
| 2015-12-31 | $129.09K | -28.72% |
| 2014-12-31 | $181.10K | -26.42% |
| 2013-12-31 | $246.14K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kr1 PLC'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 4902861100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $48.32 Million | 34.66% |
| Common Stock | $337.00K | 0.24% |
| Other Components | $90.75 Million | 65.10% |
| Total Equity | $139.40 Million | 100.00% |
Kr1 PLC Competitors by Market Cap
The table below lists competitors of Kr1 PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tait Marketing & Distribution Co Ltd
TWO:5902
|
$37.67 Million |
|
Nongwoobio Co. Ltd
KQ:054050
|
$37.67 Million |
|
HY Energy Group Co Ltd
SHG:600387
|
$37.68 Million |
|
Chin Hsin Environ Engineering Co., Ltd.
TW:6951
|
$37.68 Million |
|
Tai Roun Products Co Ltd
TW:1220
|
$37.61 Million |
|
Aluula Composites Inc.
V:AUUA
|
$37.61 Million |
|
Anel Elektrik Proje Taahhut ve Ticaret AS
IS:ANELE
|
$37.60 Million |
|
Rawlplug S.A.
WAR:RWL
|
$37.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kr1 PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 194,953,759 to 139,402,341, a change of -55,551,418 (-28.5%).
- Net income of 7,851,100 contributed positively to equity growth.
- Share repurchases of 298,046 reduced equity.
- Other comprehensive income decreased equity by 117,548,123.
- Other factors increased equity by 54,443,651.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.85 Million | +5.63% |
| Share Repurchases | $298.05K | -0.21% |
| Other Comprehensive Income | $-117.55 Million | -84.32% |
| Other Changes | $54.44 Million | +39.06% |
| Total Change | $- | -28.49% |
Book Value vs Market Value Analysis
This analysis compares Kr1 PLC'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: 0.51x
- 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.
- The price-to-book ratio has decreased from 16.86x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.02 | $0.40 | x |
| 2014-12-31 | $0.02 | $0.40 | x |
| 2015-12-31 | $0.01 | $0.40 | x |
| 2016-12-31 | $0.00 | $0.40 | x |
| 2017-12-31 | $0.12 | $0.40 | x |
| 2018-12-31 | $0.05 | $0.40 | x |
| 2019-12-31 | $0.06 | $0.40 | x |
| 2020-12-31 | $0.29 | $0.40 | x |
| 2021-12-31 | $1.21 | $0.40 | x |
| 2022-12-31 | $0.39 | $0.40 | x |
| 2023-12-31 | $1.10 | $0.40 | x |
| 2024-12-31 | $0.79 | $0.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kr1 PLC 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): 5.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.25%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.01x
- Recent ROE (5.63%) is above the historical average (-13.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -72.07% | 0.00% | 0.00x | 1.04x | $-202.01K |
| 2014 | -35.92% | -266.82% | 0.11x | 1.18x | $-83.15K |
| 2015 | -40.29% | -388.08% | 0.08x | 1.34x | $-64.92K |
| 2016 | -18.14% | 0.00% | -0.11x | 1.09x | $-124.13K |
| 2017 | 85.68% | 272.04% | 0.24x | 1.31x | $10.26 Million |
| 2018 | -136.32% | -322.41% | 0.39x | 1.08x | $-8.95 Million |
| 2019 | 17.85% | 119.52% | 0.14x | 1.03x | $586.51K |
| 2020 | -2.70% | -145.15% | 0.02x | 1.11x | $-4.81 Million |
| 2021 | 2.58% | 22.75% | 0.10x | 1.17x | $-13.73 Million |
| 2022 | 27.79% | 96.28% | 0.28x | 1.02x | $12.45 Million |
| 2023 | 7.56% | 169.96% | 0.04x | 1.01x | $-4.76 Million |
| 2024 | 5.63% | 60.25% | 0.09x | 1.01x | $-6.09 Million |
Industry Comparison
This section compares Kr1 PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kr1 PLC (KROEF) | $71.49 Million | -72.07% | 0.01x | $37.64 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |