Tremor International Ltd
Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach publishers Israel. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a compre… Read more
Tremor International Ltd (TTTPF) - Net Assets
Latest net assets as of December 2024: $530.85 Million USD
Based on the latest financial reports, Tremor International Ltd (TTTPF) has net assets worth $530.85 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($840.51 Million) and total liabilities ($309.66 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 | $530.85 Million |
| % of Total Assets | 63.16% |
| Annual Growth Rate | 86.28% |
| 5-Year Change | 61.35% |
| 10-Year Change | 1072.41% |
| Growth Volatility | 2074.03 |
Tremor International Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Tremor International Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tremor International Ltd (2011–2024)
The table below shows the annual net assets of Tremor International Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $530.85 Million | -2.34% |
| 2023-12-31 | $543.55 Million | -1.46% |
| 2022-12-31 | $551.62 Million | -3.63% |
| 2021-12-31 | $572.38 Million | +73.97% |
| 2020-12-31 | $329.01 Million | +9.45% |
| 2019-12-31 | $300.61 Million | +141.90% |
| 2018-12-31 | $124.27 Million | +91.42% |
| 2017-12-31 | $64.92 Million | +27.98% |
| 2016-12-31 | $50.72 Million | +12.03% |
| 2015-12-31 | $45.28 Million | +6.96% |
| 2014-12-31 | $42.33 Million | +7827.34% |
| 2013-12-31 | $534.00K | +6.80% |
| 2012-12-31 | $500.00K | +206.75% |
| 2011-12-31 | $163.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tremor International Ltd'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 109865.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $170.45 Million | 32.11% |
| Common Stock | $377.00K | 0.07% |
| Other Comprehensive Income | $-2.48 Million | -0.47% |
| Other Components | $362.51 Million | 68.29% |
| Total Equity | $530.85 Million | 100.00% |
Tremor International Ltd Competitors by Market Cap
The table below lists competitors of Tremor International Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Natural Grocers by Vitamin Cottage Inc
NYSE:NGVC
|
$354.38 Million |
|
AngioDynamics Inc
NASDAQ:ANGO
|
$354.40 Million |
|
SanBio Company Limited
OTCGREY:SNBIF
|
$354.45 Million |
|
Hengxin Mobile Business
SHE:300081
|
$354.56 Million |
|
Intrum AB (publ)
PINK:ITJTY
|
$354.15 Million |
|
Depo Auto Parts Industrial Co Ltd
TW:6605
|
$354.04 Million |
|
Eurocrane China Co Ltd
SHG:603966
|
$353.96 Million |
|
KKR Real Estate Finance Trust Inc
NYSE:KREF
|
$353.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tremor International Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 543,548,000 to 530,854,000, a change of -12,694,000 (-2.3%).
- Net income of 35,437,000 contributed positively to equity growth.
- Share repurchases of 60,735,000 reduced equity.
- Other comprehensive income decreased equity by 35,000.
- Other factors increased equity by 12,639,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.44 Million | +6.68% |
| Share Repurchases | $60.73 Million | -11.44% |
| Other Comprehensive Income | $-35.00K | -0.01% |
| Other Changes | $12.64 Million | +2.38% |
| Total Change | $- | -2.34% |
Book Value vs Market Value Analysis
This analysis compares Tremor International Ltd'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: 1.02x
- 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 2943.75x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.00 | $7.75 | x |
| 2012-12-31 | $0.01 | $7.75 | x |
| 2013-12-31 | $0.01 | $7.75 | x |
| 2014-12-31 | $0.71 | $7.75 | x |
| 2015-12-31 | $0.69 | $7.75 | x |
| 2016-12-31 | $0.80 | $7.75 | x |
| 2017-12-31 | $1.02 | $7.75 | x |
| 2018-12-31 | $1.78 | $7.75 | x |
| 2019-12-31 | $5.24 | $7.75 | x |
| 2020-12-31 | $4.74 | $7.75 | x |
| 2021-12-31 | $7.50 | $7.75 | x |
| 2022-12-31 | $7.21 | $7.75 | x |
| 2023-12-31 | $7.57 | $7.75 | x |
| 2024-12-31 | $7.57 | $7.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tremor International Ltd 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): 6.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.70%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.58x
- Recent ROE (6.68%) is below the historical average (273.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 1732.52% | 13.88% | 3.10x | 40.30x | $2.81 Million |
| 2012 | 647.20% | 12.78% | 2.78x | 18.19x | $3.19 Million |
| 2013 | 1329.96% | 16.40% | 3.41x | 23.80x | $7.05 Million |
| 2014 | 14.41% | 9.66% | 1.07x | 1.40x | $1.87 Million |
| 2015 | 4.75% | 2.83% | 0.99x | 1.68x | $-2.38 Million |
| 2016 | 32.47% | 13.09% | 1.49x | 1.67x | $11.40 Million |
| 2017 | 21.19% | 6.52% | 1.20x | 2.70x | $7.27 Million |
| 2018 | 17.83% | 8.00% | 1.40x | 1.59x | $9.73 Million |
| 2019 | 2.07% | 1.91% | 0.74x | 1.47x | $-23.84 Million |
| 2020 | 0.65% | 1.01% | 0.40x | 1.63x | $-30.76 Million |
| 2021 | 12.79% | 21.41% | 0.43x | 1.40x | $15.99 Million |
| 2022 | 4.12% | 6.78% | 0.35x | 1.73x | $-32.42 Million |
| 2023 | -3.95% | -6.47% | 0.37x | 1.66x | $-75.84 Million |
| 2024 | 6.68% | 9.70% | 0.43x | 1.58x | $-17.65 Million |
Industry Comparison
This section compares Tremor International Ltd'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 |
|---|---|---|---|---|
| Tremor International Ltd (TTTPF) | $530.85 Million | 1732.52% | 0.58x | $354.16 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 |