Tapinator Inc
Tapinator, Inc. develops and publishes mobile games and applications on the iOS, Google Play, and Amazon platforms in North America and Europe. The company's library includes approximately 300 titles, such as Video Poker Classic, Keno Vegas, and Blackjack Live Casino. It also provides in-app purchase and subscription services. The company was founded in 2013 and is headquartered in New York, New … Read more
Tapinator Inc (TAPM) - Net Assets
Latest net assets as of March 2025: $1.10 Million USD
Based on the latest financial reports, Tapinator Inc (TAPM) has net assets worth $1.10 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.44 Million) and total liabilities ($1.35 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 | $1.10 Million |
| % of Total Assets | 44.84% |
| Annual Growth Rate | 22.93% |
| 5-Year Change | 3050.85% |
| 10-Year Change | -36.11% |
| Growth Volatility | 765.39 |
Tapinator Inc - Net Assets Trend (2007–2024)
This chart illustrates how Tapinator 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 Tapinator Inc (2007–2024)
The table below shows the annual net assets of Tapinator Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.12 Million | -16.70% |
| 2023-12-31 | $1.35 Million | +3.62% |
| 2022-12-31 | $1.30 Million | +50.44% |
| 2021-12-31 | $864.47K | +2326.37% |
| 2020-12-31 | $35.63K | -87.96% |
| 2019-12-31 | $295.86K | -74.68% |
| 2018-12-31 | $1.17 Million | +524.48% |
| 2017-12-31 | $-275.26K | -124.55% |
| 2016-12-31 | $1.12 Million | -36.18% |
| 2015-12-31 | $1.76 Million | +332.76% |
| 2014-12-31 | $406.01K | +1771.60% |
| 2013-12-31 | $21.69K | -94.76% |
| 2012-12-31 | $413.68K | -94.41% |
| 2009-12-31 | $7.40 Million | +49688.24% |
| 2008-12-31 | $-14.91K | -144.46% |
| 2007-12-31 | $33.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tapinator 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 1310485800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.73K | 0.24% |
| Other Components | $14.25 Million | 1269.47% |
| Total Equity | $1.12 Million | 100.00% |
Tapinator Inc Competitors by Market Cap
The table below lists competitors of Tapinator Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DDFN
BATS:DDFN
|
$175.95K |
|
Once Upon a Farm, PBC
NYSE:OFRM
|
$175.99K |
|
PortfolioManager Panorama Invest kl n
CO:PMIPIN
|
$176.12K |
|
CNJ Capital Investments Inc.
V:CNJ-P
|
$176.15K |
|
PG + E CORP.6 1.PFD DL25
F:PCG6
|
$175.76K |
|
Inbar Group Finance Ltd
TA:INBR
|
$175.72K |
|
OWSAX
NMFQS:OWSAX
|
$175.48K |
|
Lakshmi Precision Screws Limited
NSE:LAKPRE
|
$175.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tapinator Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,347,615 to 1,122,584, a change of -225,031 (-16.7%).
- Net loss of 225,031 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-225.03K | -20.05% |
| Total Change | $- | -16.70% |
Book Value vs Market Value Analysis
This analysis compares Tapinator 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: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.57x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.05 | $0.46 | x |
| 2008-12-31 | $-0.02 | $0.46 | x |
| 2009-12-31 | $6.63 | $0.46 | x |
| 2012-12-31 | $0.36 | $0.46 | x |
| 2013-12-31 | $0.02 | $0.46 | x |
| 2014-12-31 | $0.23 | $0.46 | x |
| 2015-12-31 | $0.98 | $0.46 | x |
| 2016-12-31 | $0.63 | $0.46 | x |
| 2017-12-31 | $-0.21 | $0.46 | x |
| 2018-12-31 | $0.41 | $0.46 | x |
| 2019-12-31 | $0.11 | $0.46 | x |
| 2020-12-31 | $0.01 | $0.46 | x |
| 2021-12-31 | $0.29 | $0.46 | x |
| 2022-12-31 | $0.45 | $0.46 | x |
| 2023-12-31 | $0.49 | $0.46 | x |
| 2024-12-31 | $0.41 | $0.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tapinator 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): -20.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.82%
- • Asset Turnover: 1.86x
- • Equity Multiplier: 2.24x
- Recent ROE (-20.05%) is above the historical average (-190.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -55.52% | -45.12% | 1.00x | 1.23x | $-21.98K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-47.06K |
| 2009 | 72.22% | 0.00% | 0.00x | 2.34x | $4.60 Million |
| 2012 | -5.68% | 0.00% | -0.02x | 3.33x | $-64.86K |
| 2013 | -200.17% | -137.52% | 0.49x | 2.96x | $-45.59K |
| 2014 | 1.94% | 0.84% | 0.60x | 3.87x | $-32.71K |
| 2015 | -109.50% | -78.59% | 0.86x | 1.61x | $-2.10 Million |
| 2016 | -209.27% | -62.88% | 1.70x | 1.96x | $-2.46 Million |
| 2017 | 0.00% | -117.47% | 1.72x | 0.00x | $-3.65 Million |
| 2018 | -283.86% | -115.47% | 1.29x | 1.91x | $-3.43 Million |
| 2019 | -804.36% | -63.29% | 2.68x | 4.74x | $-2.41 Million |
| 2020 | -1536.71% | -12.29% | 3.50x | 35.74x | $-551.06K |
| 2021 | 76.99% | 11.40% | 1.51x | 4.46x | $579.13K |
| 2022 | 21.93% | 5.15% | 1.88x | 2.27x | $155.21K |
| 2023 | 2.80% | 0.85% | 1.41x | 2.34x | $-97.07K |
| 2024 | -20.05% | -4.82% | 1.86x | 2.24x | $-337.29K |
Industry Comparison
This section compares Tapinator Inc's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,313,913,293
- Average return on equity (ROE) among peers: -81.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tapinator Inc (TAPM) | $1.10 Million | -55.52% | 1.23x | $175.91K |
| Alliance Media Holdings Inc (ADTR) | $3.34 Million | 5.56% | 2.25x | $1.00 |
| Alpha Esports Tech Inc (APETF) | $2.65 Million | -47.32% | 0.21x | $1.19K |
| Atlantis Internet Group Corp (ATIG) | $-2.11 Million | 0.00% | 0.00x | $1.96 |
| Kuuhubb Inc (BCDMF) | $448.25K | -290.46% | 0.57x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| i3 Interactive Inc (BLITF) | $439.47K | -289.81% | 0.19x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $3.39 Million | -79.50% | 0.30x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $32.49 Billion | 11.15% | 2.27x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $626.23 Million | -37.36% | 0.26x | $7.07 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $6.78 Million | -127.41% | 0.25x | $2.82 Million |