Verify Smart Corp
Verify Smart Corp. develops and licenses internet security software technology, focusing on exclusive global patent rights for Two-Factor Authentication (2FA) and Multi-Factor Authentication (MFA) solutions used in electronic transactions. The company's principal offerings include patented authentication technology, corresponding trademarks such as 2FA, 2PA, Two-Factor Authentication, Two-Part Au… Read more
Verify Smart Corp (VSMR) - Net Assets
Latest net assets as of December 2025: $-759.97K USD
Based on the latest financial reports, Verify Smart Corp (VSMR) has net assets worth $-759.97K USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.30 Million) and total liabilities ($3.06 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 | $-759.97K |
| % of Total Assets | -32.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | -776.49% |
| 10-Year Change | N/A |
| Growth Volatility | 634.32 |
Verify Smart Corp - Net Assets Trend (2006–2025)
This chart illustrates how Verify Smart Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Verify Smart Corp (2006–2025)
The table below shows the annual net assets of Verify Smart Corp from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $-737.79K | -397.32% |
| 2024-06-30 | $-148.35K | -123.72% |
| 2023-06-30 | $625.57K | +594.89% |
| 2022-06-30 | $-126.41K | -215.90% |
| 2021-06-30 | $109.06K | -8.87% |
| 2020-06-30 | $119.67K | -38.22% |
| 2018-06-30 | $193.70K | +279.89% |
| 2017-06-30 | $-107.68K | +18.04% |
| 2012-06-30 | $-131.37K | -23.95% |
| 2011-06-30 | $-105.99K | -190.92% |
| 2010-06-30 | $116.57K | -71.16% |
| 2009-06-30 | $404.23K | +1818.67% |
| 2008-06-30 | $21.07K | +120.15% |
| 2006-06-30 | $9.57K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Verify Smart Corp'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 601323700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $287.95K | % |
| Other Components | $4.99 Million | % |
| Total Equity | $-737.79K | 100.00% |
Verify Smart Corp Competitors by Market Cap
The table below lists competitors of Verify Smart Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GWH-WT
NYSE:GWH-WT
|
$471.62 |
|
Filinvest REIT Corp
PSE:FILRT
|
$471.78 |
|
The Keller Manufacturing Company Inc
PINK:KMFI
|
$472.10 |
|
EX-PACK CORRUGATED CARTONS LIMITED
CM:PACKN0000
|
$472.37 |
|
Coro Energy PLC
LSE:CORO
|
$470.51 |
|
Trail Blazer Capital Corp.
V:TBLZ-P
|
$470.24 |
|
Bellevue Life Sciences Acquisition Corp. Warrant
NASDAQ:BLACW
|
$470.20 |
|
JMD Properties Inc
PINK:SLDX
|
$469.67 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Verify Smart Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -148,354 to -737,792, a change of -589,438.
- Net loss of 939,438 reduced equity.
- Other factors increased equity by 350,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-939.44K | -127.33% |
| Other Changes | $350.00K | +47.44% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Verify Smart Corp'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 |
|---|---|---|---|
| 2006-06-30 | $0.00 | $0.05 | x |
| 2007-06-30 | $0.00 | $0.05 | x |
| 2008-06-30 | $0.00 | $0.05 | x |
| 2009-06-30 | $0.01 | $0.05 | x |
| 2010-06-30 | $0.00 | $0.05 | x |
| 2011-06-30 | $0.00 | $0.05 | x |
| 2012-06-30 | $0.00 | $0.05 | x |
| 2017-06-30 | $0.00 | $0.05 | x |
| 2018-06-30 | $0.00 | $0.05 | x |
| 2020-06-30 | $0.00 | $0.05 | x |
| 2021-06-30 | $0.00 | $0.05 | x |
| 2022-06-30 | $0.00 | $0.05 | x |
| 2023-06-30 | $0.00 | $0.05 | x |
| 2024-06-30 | $0.00 | $0.05 | x |
| 2025-06-30 | $0.00 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Verify Smart Corp 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-110.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -4.49% | 0.00% | 0.00x | 1.04x | $-1.39K |
| 2007 | -39.36% | 0.00% | 0.00x | 1.00x | $-17.56K |
| 2008 | -68.83% | 0.00% | 0.00x | 1.01x | $-16.61K |
| 2009 | -92.58% | 0.00% | 0.00x | 1.02x | $-414.64K |
| 2010 | -678.34% | 0.00% | 0.00x | 2.13x | $-802.42K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-211.97K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-62.24K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.86K |
| 2018 | -278.34% | -28183.64% | 0.00x | 2.93x | $-558.52K |
| 2020 | -29.53% | 0.00% | 0.00x | 4.26x | $-47.31K |
| 2021 | -316.44% | 0.00% | 0.00x | 4.93x | $-356.02K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-222.83K |
| 2023 | -145.87% | -411.44% | 0.10x | 3.43x | $-975.08K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-759.86K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-865.66K |
Industry Comparison
This section compares Verify Smart Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Verify Smart Corp (VSMR) | $-759.97K | -4.49% | N/A | $470.56 |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |