Mirriad Advertising plc
Mirriad Advertising plc provides in-video advertising services to broadcasters, advertisers, brand owners, and their agencies. The company inserts group of a product, signage, or video into existing content; and engages in the provision of embedded advertising into video. It has operations in the United Kingdom, the United States, Germany, Canada, France, Turkey, and Japan. The company was incorp… Read more
Mirriad Advertising plc (MMDDF) - Net Assets
Latest net assets as of June 2025: $2.54 Million USD
Based on the latest financial reports, Mirriad Advertising plc (MMDDF) has net assets worth $2.54 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 ($4.07 Million) and total liabilities ($1.52 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 | $2.54 Million |
| % of Total Assets | 62.56% |
| Annual Growth Rate | -5.31% |
| 5-Year Change | -86.53% |
| 10-Year Change | N/A |
| Growth Volatility | 62.14 |
Mirriad Advertising plc - Net Assets Trend (2015–2024)
This chart illustrates how Mirriad Advertising 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 Mirriad Advertising plc (2015–2024)
The table below shows the annual net assets of Mirriad Advertising plc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.75 Million | -27.73% |
| 2023-12-31 | $6.58 Million | -40.90% |
| 2022-12-31 | $11.13 Million | -55.39% |
| 2021-12-31 | $24.94 Million | -29.29% |
| 2020-12-31 | $35.27 Million | +83.71% |
| 2019-12-31 | $19.20 Million | +23.26% |
| 2018-12-31 | $15.58 Million | -44.15% |
| 2017-12-31 | $27.89 Million | +129.15% |
| 2016-12-31 | $12.17 Million | +56.76% |
| 2015-12-31 | $7.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mirriad Advertising 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 decreased by 7529868400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.00K | 0.21% |
| Other Comprehensive Income | $5.51 Million | 116.04% |
| Other Components | $77.72 Million | 1635.50% |
| Total Equity | $4.75 Million | 100.00% |
Mirriad Advertising plc Competitors by Market Cap
The table below lists competitors of Mirriad Advertising plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haydale Graphene Industries plc
PINK:HDGHF
|
$6.32 Million |
|
Grindrod
JSE:GND
|
$6.33 Million |
|
Income Opportunity Realty Investors
NYSE MKT:IOR
|
$6.34 Million |
|
Newton Golf Company
NASDAQ:NWTG
|
$6.34 Million |
|
Panostaja Oyj
HE:PNA1V
|
$6.32 Million |
|
Perdana Bangun Pusaka Tbk PT
JK:KONI
|
$6.32 Million |
|
Lomiko Metals Inc
OTCQB:LMRMF
|
$6.32 Million |
|
Villa Kunalai Public Company Limited
BK:KUN
|
$6.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mirriad Advertising plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,575,000 to 4,752,000, a change of -1,823,000 (-27.7%).
- Net loss of 8,408,000 reduced equity.
- New share issuances of 6,316,000 increased equity.
- Other comprehensive income decreased equity by 102,000.
- Other factors increased equity by 371,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.41 Million | -176.94% |
| Share Issuances | $6.32 Million | +132.91% |
| Other Comprehensive Income | $-102.00K | -2.15% |
| Other Changes | $371.00K | +7.81% |
| Total Change | $- | -27.73% |
Book Value vs Market Value Analysis
This analysis compares Mirriad Advertising 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: 0.69x
- 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 increased from 0.05x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.07 | $0.00 | x |
| 2016-12-31 | $0.11 | $0.00 | x |
| 2017-12-31 | $0.26 | $0.00 | x |
| 2018-12-31 | $0.14 | $0.00 | x |
| 2019-12-31 | $0.13 | $0.00 | x |
| 2020-12-31 | $0.16 | $0.00 | x |
| 2021-12-31 | $0.09 | $0.00 | x |
| 2022-12-31 | $0.04 | $0.00 | x |
| 2023-12-31 | $0.02 | $0.00 | x |
| 2024-12-31 | $0.01 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mirriad Advertising 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): -176.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -838.29%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.40x
- Recent ROE (-176.94%) is below the historical average (-84.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -41.58% | -627.92% | 0.06x | 1.07x | $-4.00 Million |
| 2016 | -58.75% | -1005.99% | 0.05x | 1.06x | $-8.37 Million |
| 2017 | -39.66% | -1265.45% | 0.03x | 1.07x | $-13.85 Million |
| 2018 | -91.99% | -3445.36% | 0.02x | 1.11x | $-15.89 Million |
| 2019 | -63.00% | -1061.39% | 0.05x | 1.11x | $-14.01 Million |
| 2020 | -25.68% | -415.45% | 0.06x | 1.07x | $-12.58 Million |
| 2021 | -43.99% | -545.97% | 0.07x | 1.14x | $-13.47 Million |
| 2022 | -137.95% | -1018.21% | 0.10x | 1.33x | $-16.46 Million |
| 2023 | -166.31% | -606.49% | 0.20x | 1.39x | $-11.59 Million |
| 2024 | -176.94% | -838.29% | 0.15x | 1.40x | $-8.88 Million |
Industry Comparison
This section compares Mirriad Advertising plc's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $245,455,576
- Average return on equity (ROE) among peers: 1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mirriad Advertising plc (MMDDF) | $2.54 Million | -41.58% | 0.60x | $6.32 Million |
| Adaptive Ad Systems Inc (AATV) | $4.67 Million | 44.68% | 0.14x | $1.69K |
| ACCESS Newswire Inc. (ACCS) | $1.85 Million | 16.56% | 0.38x | $14.25 Million |
| Artec Consulting Corp (ACTL) | $-1.09 Million | 0.00% | 0.00x | $69.28K |
| Advantage Solutions Inc (ADV) | $2.58 Billion | 2.11% | 1.27x | $109.73 Million |
| Airnet Technology Inc (ANTE) | $3.61 Million | -66.61% | 0.77x | $46.30 Million |
| Applovin Corp (APP) | $-158.24 Million | 0.00% | 0.00x | $111.19 Billion |
| Advantex Marketing International Inc (ATXMF) | $-9.17 Million | 0.00% | 0.00x | $36.32K |
| Baosheng Media Group Holdings Ltd (BAOS) | $41.66 Million | 16.67% | 1.24x | $2.49 Million |
| Bang Holdings Corp (BXNG) | $251.17K | -0.45% | 1.37x | $406.52 |
| Beyond Commerce Inc (BYOC) | $-11.28 Million | 0.00% | 0.00x | $1.65 Million |