Blender Financial Technologies Ltd
Blender Financial Technologies provides financing solutions in Israel and internationally. It offers banking, loans, car finance, payment, and investment services. Blender Financial Technologies was formerly known as V-Financial Technologies Ltd. Blender Financial Technologies was incorporated in 2013 and is based in Ramat Gan, Israel.
Blender Financial Technologies Ltd (BLND) - Net Assets
Latest net assets as of June 2025: ILA35.03 Million ILA
Based on the latest financial reports, Blender Financial Technologies Ltd (BLND) has net assets worth ILA35.03 Million ILA as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA170.07 Million) and total liabilities (ILA135.04 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 | ILA35.03 Million |
| % of Total Assets | 20.6% |
| Annual Growth Rate | 21.22% |
| 5-Year Change | 200.88% |
| 10-Year Change | N/A |
| Growth Volatility | 167.63 |
Blender Financial Technologies Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Blender Financial Technologies 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 Blender Financial Technologies Ltd (2018–2024)
The table below shows the annual net assets of Blender Financial Technologies Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA37.87 Million | -27.14% |
| 2023-12-31 | ILA51.97 Million | -17.93% |
| 2022-12-31 | ILA63.32 Million | -4.60% |
| 2021-12-31 | ILA66.37 Million | +427.40% |
| 2020-12-31 | ILA12.59 Million | +125.58% |
| 2019-12-31 | ILA5.58 Million | -53.24% |
| 2018-12-31 | ILA11.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blender Financial Technologies 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 decreased by 10225400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA105.00K | 0.28% |
| Other Comprehensive Income | ILA130.00K | 0.35% |
| Other Components | ILA181.90 Million | 491.21% |
| Total Equity | ILA37.03 Million | 100.00% |
Blender Financial Technologies Ltd Competitors by Market Cap
The table below lists competitors of Blender Financial Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ROHM (ROM.SG)
STU:ROM
|
$180.35K |
|
Cuisine Solutions Inc
PINK:CUSI
|
$180.60K |
|
LINDAB INTERNAT.
BE:L5E
|
$180.70K |
|
Embrace Change Acquisition Corp Rights
NASDAQ:EMCGR
|
$180.71K |
|
TWBCF
OTCGREY:TWBCF
|
$180.14K |
|
BBVA (BOY.SG)
STU:BOY
|
$180.06K |
|
PFA Invest Balance B
CO:PFIBAB
|
$179.99K |
|
Travis Perkins PLC
LSE:TPK
|
$179.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blender Financial Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,416,000 to 37,032,000, a change of -14,384,000 (-28.0%).
- Net loss of 14,191,000 reduced equity.
- Other comprehensive income decreased equity by 255,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-14.19 Million | -38.32% |
| Other Comprehensive Income | ILA-255.00K | -0.69% |
| Other Changes | ILA62.00K | +0.17% |
| Total Change | ILA- | -27.98% |
Book Value vs Market Value Analysis
This analysis compares Blender Financial Technologies 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: 182.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 250.31x to 182.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA2.59 | ILA648.10 | x |
| 2019-12-31 | ILA1.12 | ILA648.10 | x |
| 2020-12-31 | ILA2.49 | ILA648.10 | x |
| 2021-12-31 | ILA9.22 | ILA648.10 | x |
| 2022-12-31 | ILA8.17 | ILA648.10 | x |
| 2023-12-31 | ILA5.11 | ILA648.10 | x |
| 2024-12-31 | ILA3.54 | ILA648.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blender Financial Technologies 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): -38.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.73%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 4.79x
- Recent ROE (-38.32%) is above the historical average (-82.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -81.09% | -215.80% | 0.13x | 2.82x | ILA-10.86 Million |
| 2019 | -176.12% | -107.97% | 0.19x | 8.69x | ILA-10.38 Million |
| 2020 | -192.10% | -163.99% | 0.23x | 5.09x | ILA-25.44 Million |
| 2021 | -31.44% | -169.74% | 0.09x | 2.12x | ILA-27.51 Million |
| 2022 | -27.14% | -55.45% | 0.18x | 2.68x | ILA-23.52 Million |
| 2023 | -31.10% | -71.16% | 0.11x | 4.01x | ILA-21.13 Million |
| 2024 | -38.32% | -61.73% | 0.13x | 4.79x | ILA-17.89 Million |
Industry Comparison
This section compares Blender Financial Technologies Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $189,541,725
- Average return on equity (ROE) among peers: 33.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blender Financial Technologies Ltd (BLND) | ILA35.03 Million | -81.09% | 3.85x | $180.33K |
| Blackedge Ltd (BLEG) | $31.44 Million | 25.47% | 6.22x | $171.26 Million |
| Direct Finance TA (DIFI) | $308.07 Million | 18.05% | 4.77x | $4.26 Million |
| Gamla Harel Residential Real-Estate Ltd (GMLA) | $264.55 Million | 12.30% | 3.04x | $1.48 Million |
| Jacob Finance And Investments Ltd (JCFN) | $32.51 Million | 74.84% | 42.00x | $1.98 Million |
| Michlol Finance Ltd (MCLL) | $305.73 Million | 16.66% | 4.34x | $1.83 Million |
| Michman Basad Ltd (MCMN) | $10.83 Million | 69.73% | 7.32x | $1.60 Million |
| MLRN Projects and Trade Ltd (MLRN) | $28.66 Million | 38.21% | 8.20x | $1.21 Million |
| Menif Financial Services Ltd (MNIF) | $450.69 Million | 27.61% | 4.78x | $4.24 Million |
| Nawi Brothers Group Ltd (NAWI) | $273.38 Million | 21.61% | 3.76x | $4.87 Million |