Novatti Group Limited
Novatti Group Limited operates as a fintech company worldwide. The company operates through Payments AU/NZ, Payments International, Technology Solutions, and Investments segments. The Payments AU/NZ segment offers digital and physical prepaid gift and debit cards payment system; online and offline payments; and cross border payments to commercial enterprises, as well as operates digital wallets. … Read more
Novatti Group Limited (NTTIF) - Net Assets
Latest net assets as of June 2024: $241.00K USD
Based on the latest financial reports, Novatti Group Limited (NTTIF) has net assets worth $241.00K USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($123.86 Million) and total liabilities ($123.62 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 | $241.00K |
| % of Total Assets | 0.19% |
| Annual Growth Rate | -47.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 174.16 |
Novatti Group Limited - Net Assets Trend (2019–2024)
This chart illustrates how Novatti Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Novatti Group Limited (2019–2024)
The table below shows the annual net assets of Novatti Group Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $241.00K | -98.44% |
| 2023-06-30 | $15.47 Million | -57.77% |
| 2022-06-30 | $36.64 Million | +311.79% |
| 2021-06-30 | $8.90 Million | +1932.51% |
| 2020-06-30 | $-485.56K | -107.93% |
| 2019-06-30 | $6.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novatti Group Limited'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 8221276800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $97.78 Million | % |
| Total Equity | $-4.57 Million | 100.00% |
Novatti Group Limited Competitors by Market Cap
The table below lists competitors of Novatti Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
17 Education Technology Group Inc
NASDAQ:YQ
|
$30.10 Million |
|
Optipharm.CO.LTD
KQ:153710
|
$30.10 Million |
|
Genesem Inc
KQ:217190
|
$30.10 Million |
|
Nordisk Bergteknik AB Series B
ST:NORB-B
|
$30.11 Million |
|
PPI Inc
KQ:062970
|
$30.08 Million |
|
The Hi-Tech Gears Limited
NSE:HITECHGEAR
|
$30.07 Million |
|
Seah Spe Steel
KO:019440
|
$30.07 Million |
|
Yufo Electronics Co Ltd
TWO:6194
|
$30.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novatti Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,610,000 to -4,567,000, a change of -17,177,000 (-136.2%).
- Net loss of 20,161,000 reduced equity.
- New share issuances of 3,077,000 increased equity.
- Other factors decreased equity by 93,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.16 Million | -441.45% |
| Share Issuances | $3.08 Million | +67.37% |
| Other Changes | $-93.00K | -2.04% |
| Total Change | $- | -136.22% |
Book Value vs Market Value Analysis
This analysis compares Novatti Group Limited'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 |
|---|---|---|---|
| 2019-06-30 | $0.02 | $0.08 | x |
| 2020-06-30 | $0.00 | $0.08 | x |
| 2021-06-30 | $0.03 | $0.08 | x |
| 2022-06-30 | $0.11 | $0.08 | x |
| 2023-06-30 | $0.04 | $0.08 | x |
| 2024-06-30 | $-0.01 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novatti Group Limited 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: -47.00%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-84.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -80.91% | -58.86% | 0.51x | 2.70x | $-5.57 Million |
| 2020 | 0.00% | -99.61% | 0.34x | 0.00x | $-10.91 Million |
| 2021 | -170.47% | -71.67% | 0.26x | 9.21x | $-12.50 Million |
| 2022 | -45.38% | -51.07% | 0.29x | 3.03x | $-20.29 Million |
| 2023 | -208.64% | -67.50% | 0.27x | 11.55x | $-27.57 Million |
| 2024 | 0.00% | -47.00% | 0.35x | 0.00x | $-19.70 Million |
Industry Comparison
This section compares Novatti Group Limited's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novatti Group Limited (NTTIF) | $241.00K | -80.91% | 512.93x | $30.09 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |