Lumine Group Inc.
Lumine Group Inc. develops, installs, and customizes software, and related professional and support services worldwide. It also involves in the sale of software licenses, and resale of third-party hardware and assembled hardware. The company was founded in 2014 and is headquartered in Mississauga, Canada. Lumine Group Inc. operates as a subsidiary of Trapeze Software ULC.
Lumine Group Inc. (LMGIF) - Net Assets
Latest net assets as of December 2025: $819.14 Million USD
Based on the latest financial reports, Lumine Group Inc. (LMGIF) has net assets worth $819.14 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.39 Billion) and total liabilities ($568.13 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 | $819.14 Million |
| % of Total Assets | 59.05% |
| Annual Growth Rate | 47.48% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1227.53 |
Lumine Group Inc. - Net Assets Trend (2021–2025)
This chart illustrates how Lumine Group 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 Lumine Group Inc. (2021–2025)
The table below shows the annual net assets of Lumine Group Inc. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $819.14 Million | +20.69% |
| 2024-12-31 | $678.72 Million | +117.66% |
| 2023-12-31 | $-3.84 Billion | -2599.09% |
| 2022-12-31 | $153.78 Million | -11.19% |
| 2021-12-31 | $173.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lumine Group 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 grown by 13528900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $135.29 Million | 16.52% |
| Other Components | $683.85 Million | 83.48% |
| Total Equity | $819.14 Million | 100.00% |
Lumine Group Inc. Competitors by Market Cap
The table below lists competitors of Lumine Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Figure Technology Solutions, Inc. Class A Common Stock
NASDAQ:FIGR
|
$4.68 Billion |
|
China Shipbuilding Industry Group Power Co Ltd
SHG:600482
|
$4.69 Billion |
|
Adecco Group AG
PINK:AHEXF
|
$4.69 Billion |
|
Wintime Energy Co Ltd
SHG:600157
|
$4.69 Billion |
|
LYFT Inc
NASDAQ:LYFT
|
$4.68 Billion |
|
IDFC First Bank Limited
NSE:IDFCFIRSTB
|
$4.68 Billion |
|
TPG INC CLASS A DL-001
F:B81
|
$4.68 Billion |
|
Companhia Energética de Minas Gerais
F:CID
|
$4.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lumine Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 678,722,000 to 819,142,000, a change of 140,420,000 (20.7%).
- Net income of 118,766,000 contributed positively to equity growth.
- Other factors increased equity by 21,654,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $118.77 Million | +14.5% |
| Other Changes | $21.65 Million | +2.64% |
| Total Change | $- | 20.69% |
Book Value vs Market Value Analysis
This analysis compares Lumine Group 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: 9.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.10x to 9.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $1.75 | $30.00 | x |
| 2022-12-31 | $1.56 | $30.00 | x |
| 2023-12-31 | $-51.88 | $30.00 | x |
| 2024-12-31 | $2.64 | $30.00 | x |
| 2025-12-31 | $3.19 | $30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lumine Group 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): 14.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.51%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.69x
- Recent ROE (14.50%) is above the historical average (2.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 15.86% | 12.03% | 0.70x | 1.90x | $10.15 Million |
| 2022 | 17.82% | 10.71% | 0.64x | 2.60x | $12.02 Million |
| 2023 | 0.00% | -565.49% | 0.44x | 0.00x | $-2.44 Billion |
| 2024 | -38.15% | -38.74% | 0.52x | 1.90x | $-326.78 Million |
| 2025 | 14.50% | 15.51% | 0.55x | 1.69x | $36.85 Million |
Industry Comparison
This section compares Lumine Group Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lumine Group Inc. (LMGIF) | $819.14 Million | 15.86% | 0.69x | $4.68 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |