Awardit AB (AWRD) - Net Assets
Based on the latest financial reports, Awardit AB (AWRD) has net assets worth Skr510.86 Million SEK (≈ $54.98 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.15 Billion ≈ $123.44 Million USD) and total liabilities (Skr636.19 Million ≈ $68.46 Million USD). 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. Explore Awardit AB cash conversion from operations to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr510.86 Million |
| % of Total Assets | 44.54% |
| Annual Growth Rate | 50.44% |
| 5-Year Change | 167.71% |
| 10-Year Change | N/A |
| Growth Volatility | 113.21 |
Awardit AB - Net Assets Trend (2015–2024)
This chart illustrates how Awardit AB's net assets have evolved over time, based on quarterly financial data. Also explore AWRD total asset value for the complete picture of this company's asset base.
Annual Net Assets for Awardit AB (2015–2024)
The table below shows the annual net assets of Awardit AB from 2015 to 2024. For live valuation and market cap data, see Awardit AB (AWRD) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr405.59 Million ≈ $43.65 Million |
-22.72% |
| 2023-12-31 | Skr524.81 Million ≈ $56.48 Million |
-7.27% |
| 2022-12-31 | Skr565.99 Million ≈ $60.91 Million |
+11.95% |
| 2021-12-31 | Skr505.60 Million ≈ $54.41 Million |
+233.72% |
| 2020-12-31 | Skr151.50 Million ≈ $16.30 Million |
+40.77% |
| 2019-12-31 | Skr107.63 Million ≈ $11.58 Million |
+15.81% |
| 2018-12-31 | Skr92.93 Million ≈ $10.00 Million |
+322.97% |
| 2017-12-31 | Skr21.97 Million ≈ $2.36 Million |
+86.45% |
| 2016-12-31 | Skr11.78 Million ≈ $1.27 Million |
+14.80% |
| 2015-12-31 | Skr10.27 Million ≈ $1.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Awardit AB'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 1140.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr507.23 Million | 125.06% |
| Total Equity | Skr405.59 Million | 100.00% |
Awardit AB Competitors by Market Cap
The table below lists competitors of Awardit AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Calida Holding AG
SW:CALN
|
$121.18 Million |
|
Samhaellsbyggnadsbolaget i Norden AB Series D
ST:SBB-D
|
$121.23 Million |
|
UBcare. Co. Ltd
KQ:032620
|
$121.24 Million |
|
I Controls Inc
KO:039570
|
$121.29 Million |
|
VisionWave Holdings, Inc. Common Stock
NASDAQ:VWAV
|
$121.14 Million |
|
Arihant Superstructures Limited
NSE:ARIHANTSUP
|
$121.07 Million |
|
RiTdisplay Corp
TW:8104
|
$121.06 Million |
|
Taiwan Fructose Co Ltd
TWO:4207
|
$121.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Awardit AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 524,814,000 to 405,588,000, a change of -119,226,000 (-22.7%).
- Net loss of 107,721,000 reduced equity.
- Dividend payments of 19,920,000 reduced retained earnings.
- Other comprehensive income decreased equity by 18,297,000.
- Other factors increased equity by 26,712,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-107.72 Million | -26.56% |
| Dividends Paid | Skr19.92 Million | -4.91% |
| Other Comprehensive Income | Skr-18.30 Million | -4.51% |
| Other Changes | Skr26.71 Million | +6.59% |
| Total Change | Skr- | -22.72% |
Book Value vs Market Value Analysis
This analysis compares Awardit AB'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: 2.78x
- 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 63.32x to 2.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Skr2.05 | Skr130.00 | x |
| 2016-12-31 | Skr2.36 | Skr130.00 | x |
| 2017-12-31 | Skr4.41 | Skr130.00 | x |
| 2018-12-31 | Skr17.08 | Skr130.00 | x |
| 2019-12-31 | Skr16.11 | Skr130.00 | x |
| 2020-12-31 | Skr22.67 | Skr130.00 | x |
| 2021-12-31 | Skr70.23 | Skr130.00 | x |
| 2022-12-31 | Skr67.90 | Skr130.00 | x |
| 2023-12-31 | Skr60.82 | Skr130.00 | x |
| 2024-12-31 | Skr46.83 | Skr130.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Awardit AB 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): -26.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.19%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 2.69x
- Recent ROE (-26.56%) is below the historical average (26.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 93.79% | 26.09% | 2.29x | 1.57x | Skr8.60 Million |
| 2016 | 93.50% | 26.64% | 2.16x | 1.62x | Skr9.84 Million |
| 2017 | 56.01% | 26.08% | 1.35x | 1.59x | Skr10.03 Million |
| 2018 | 18.21% | 11.95% | 0.57x | 2.69x | Skr7.59 Million |
| 2019 | 3.02% | 1.07% | 1.12x | 2.51x | Skr-7.51 Million |
| 2020 | 14.45% | 7.86% | 0.91x | 2.01x | Skr6.75 Million |
| 2021 | 6.03% | 5.76% | 0.45x | 2.31x | Skr-20.05 Million |
| 2022 | 4.46% | 2.93% | 0.68x | 2.24x | Skr-31.35 Million |
| 2023 | 1.02% | 0.47% | 0.85x | 2.58x | Skr-47.13 Million |
| 2024 | -26.56% | -8.19% | 1.20x | 2.69x | Skr-148.28 Million |
Industry Comparison
This section compares Awardit AB's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $145,559,474
- Average return on equity (ROE) among peers: -8.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Awardit AB (AWRD) | Skr510.86 Million | 93.79% | 1.25x | $121.17 Million |
| COOR Service Management AB (COOR) | $-1.81 Billion | 0.00% | 0.00x | $585.36 Million |
| Drillcon AB (DRIL) | $139.91 Million | 17.15% | 0.90x | $17.81 Million |
| Green Landscaping Group AB (publ) (GREEN) | $30.95 Million | -92.85% | 9.62x | $194.43 Million |
| Karnov Group AB (KAR) | $2.34 Billion | 1.63% | 1.97x | $759.31 Million |
| Nepa AB (NEPA) | $65.07 Million | 20.18% | 1.57x | $17.18 Million |
| ScandBook Holding AB (SBOK) | $107.64 Million | 3.12% | 1.00x | $31.46 Million |
About Awardit AB
Awardit AB (publ) operates loyalty programs in Sweden. It offers incentive programs, digital point currencies, customer clubs, sales incentive programs, and reward shops, as well as B2B and B2C loyalty programs, and sales competitions. The company also provides solutions, such as strategy and pre-study; design and UX; IT and development; member database and transactions management; partner networ… Read more