Metro One Telecommunications Inc
Metro One Telecommunications, Inc. provides mobile commerce platform that enables retailers to launch their own branded mobile applications in the United States. Its Mobile Commerce Merchant Platform allows small and medium-sized business retailers and enterprises to launch a branded and functional mobile app; Mobile Commerce Enterprise platform that enables enterprise retailers, who owns and ope… Read more
Metro One Telecommunications Inc (WOWI) - Net Assets
Latest net assets as of September 2023: $-2.72 Million USD
Based on the latest financial reports, Metro One Telecommunications Inc (WOWI) has net assets worth $-2.72 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.72K) and total liabilities ($2.74 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 | $-2.72 Million |
| % of Total Assets | -13126.34% |
| Annual Growth Rate | -6.91% |
| 5-Year Change | -91.77% |
| 10-Year Change | -92.81% |
| Growth Volatility | 71.74 |
Metro One Telecommunications Inc - Net Assets Trend (1996–2022)
This chart illustrates how Metro One Telecommunications 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 Metro One Telecommunications Inc (1996–2022)
The table below shows the annual net assets of Metro One Telecommunications Inc from 1996 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $3.26 Million | -37.77% |
| 2021-12-31 | $5.25 Million | -7.44% |
| 2007-12-31 | $5.67 Million | -72.46% |
| 2006-12-31 | $20.58 Million | -48.13% |
| 2005-12-31 | $39.67 Million | -50.06% |
| 2004-12-31 | $79.44 Million | -44.19% |
| 2003-12-31 | $142.34 Million | -18.84% |
| 2002-12-31 | $175.39 Million | +19.01% |
| 2001-12-31 | $147.37 Million | +224.57% |
| 2000-12-31 | $45.40 Million | +41.89% |
| 1999-12-31 | $32.00 Million | +13.48% |
| 1998-12-31 | $28.20 Million | +18.99% |
| 1997-12-31 | $23.70 Million | +12.86% |
| 1996-12-31 | $21.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metro One Telecommunications 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 12424398100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.16K | 0.83% |
| Other Comprehensive Income | $-5.08K | -0.16% |
| Other Components | $142.79 Million | 4374.32% |
| Total Equity | $3.26 Million | 100.00% |
Metro One Telecommunications Inc Competitors by Market Cap
The table below lists competitors of Metro One Telecommunications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEW VISION PRINTING AND PUBLISHING COMPANY LTD
USE:NVL
|
$370.46 |
|
Bionik Laboratories Corp
PINK:BNKL
|
$370.65 |
|
086460
KO:086460
|
$371.50 |
|
Brain Scientific Inc
PINK:BRSF
|
$372.00 |
|
MITRABAHTERA
BE:MTI
|
$368.76 |
|
XIANA MINING
MU:DO51
|
$367.72 |
|
Delphax Technologies Inc
PINK:DLPX
|
$367.67 |
|
El Shams Pyramids For Hotels& Touristic Projects
EGX:SPHT
|
$367.38 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metro One Telecommunications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 5,245,481 to 3,264,191, a change of -1,981,290 (-37.8%).
- Net loss of 3,926,954 reduced equity.
- New share issuances of 250,000 increased equity.
- Other comprehensive income increased equity by 16,996.
- Other factors increased equity by 1,678,668.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.93 Million | -120.3% |
| Share Issuances | $250.00K | +7.66% |
| Other Comprehensive Income | $17.00K | +0.52% |
| Other Changes | $1.68 Million | +51.43% |
| Total Change | $- | -37.77% |
Book Value vs Market Value Analysis
This analysis compares Metro One Telecommunications 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $420.21 | $0.00 | x |
| 1997-12-31 | $440.14 | $0.00 | x |
| 1998-12-31 | $501.33 | $0.00 | x |
| 1999-12-31 | $538.95 | $0.00 | x |
| 2000-12-31 | $755.02 | $0.00 | x |
| 2001-12-31 | $1788.83 | $0.00 | x |
| 2002-12-31 | $2098.13 | $0.00 | x |
| 2003-12-31 | $1728.39 | $0.00 | x |
| 2004-12-31 | $958.27 | $0.00 | x |
| 2005-12-31 | $474.68 | $0.00 | x |
| 2006-12-31 | $247.59 | $0.00 | x |
| 2007-12-31 | $68.19 | $0.00 | x |
| 2021-12-31 | $4.18 | $0.00 | x |
| 2022-12-31 | $0.94 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metro One Telecommunications 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): -120.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5256.76%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.82x
- Recent ROE (-120.30%) is below the historical average (-48.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 5.71% | 6.74% | 0.73x | 1.17x | $-900.00K |
| 1997 | 5.91% | 5.36% | 0.90x | 1.23x | $-970.00K |
| 1998 | 12.77% | 7.98% | 1.24x | 1.29x | $780.00K |
| 1999 | 5.94% | 2.44% | 1.19x | 2.05x | $-1.30 Million |
| 2000 | 21.46% | 6.21% | 1.53x | 2.25x | $5.20 Million |
| 2001 | 19.29% | 12.18% | 1.37x | 1.15x | $13.69 Million |
| 2002 | 14.90% | 10.13% | 1.30x | 1.13x | $8.59 Million |
| 2003 | -23.40% | -16.52% | 1.22x | 1.16x | $-47.54 Million |
| 2004 | -79.52% | -45.00% | 1.46x | 1.21x | $-71.11 Million |
| 2005 | -100.23% | -51.10% | 1.50x | 1.31x | $-43.73 Million |
| 2006 | -93.41% | -63.35% | 1.10x | 1.34x | $-21.28 Million |
| 2007 | -254.40% | -80.60% | 0.91x | 3.45x | $-14.98 Million |
| 2021 | -88.40% | -2717.68% | 0.03x | 1.15x | $-5.16 Million |
| 2022 | -120.30% | -5256.76% | 0.01x | 1.82x | $-4.25 Million |
Industry Comparison
This section compares Metro One Telecommunications Inc'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 |
|---|---|---|---|---|
| Metro One Telecommunications Inc (WOWI) | $-2.72 Million | 5.71% | N/A | $369.96 |
| 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 |