Flying Spark Ltd
Flying Spark Ltd. produces protein powder and oil from fruit fly larvae. It offers protein powder products for humans, pets, and aquaculture; and oil products for cosmetics and nutraceuticals. The company was incorporated in 2015 and is headquartered in Rehovot, Israel.
Flying Spark Ltd (FLYS) - Net Assets
Latest net assets as of June 2025: ILA3.20 Million ILA
Based on the latest financial reports, Flying Spark Ltd (FLYS) has net assets worth ILA3.20 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 (ILA9.13 Million) and total liabilities (ILA5.93 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 | ILA3.20 Million |
| % of Total Assets | 35.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.22 |
Flying Spark Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Flying Spark 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 Flying Spark Ltd (2018–2024)
The table below shows the annual net assets of Flying Spark Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA18.68 Million | +5.10% |
| 2023-12-31 | ILA17.78 Million | +0.28% |
| 2022-12-31 | ILA17.73 Million | +21.80% |
| 2021-12-31 | ILA14.56 Million | +829.62% |
| 2020-12-31 | ILA-2.00 Million | -387.72% |
| 2019-12-31 | ILA-409.04K | +7.35% |
| 2018-12-31 | ILA-441.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flying Spark 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 3878180800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA120.00K | 0.76% |
| Other Comprehensive Income | ILA12.47 Million | 79.04% |
| Other Components | ILA45.30 Million | 287.05% |
| Total Equity | ILA15.78 Million | 100.00% |
Flying Spark Ltd Competitors by Market Cap
The table below lists competitors of Flying Spark Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hamashbir 365 Holdings Ltd
TA:MSBI
|
$544.24K |
|
Golden Spike Resources Corp.
PINK:GSPRF
|
$544.43K |
|
PROTON MOT.PWR S.LS-005
F:P6K0
|
$544.51K |
|
OCI COMPANY (NEW)
KQ:456040
|
$544.94K |
|
ALTEN (AN3.SG)
STU:AN3
|
$544.17K |
|
Mia Dynamics Motors Ltd
TA:MIA
|
$543.94K |
|
WSFS FINL CORP. DL-01
F:WF4
|
$543.82K |
|
ATKINSREALIS GRP INC.
F:LAV0
|
$543.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flying Spark Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,612,000 to 15,780,000, a change of 168,000 (1.1%).
- Net loss of 5,438,000 reduced equity.
- Other comprehensive income increased equity by 3,592,000.
- Other factors increased equity by 2,014,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-5.44 Million | -34.46% |
| Other Comprehensive Income | ILA3.59 Million | +22.76% |
| Other Changes | ILA2.01 Million | +12.76% |
| Total Change | ILA- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares Flying Spark 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: 27.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA-0.18 | ILA36.50 | x |
| 2019-12-31 | ILA-0.18 | ILA36.50 | x |
| 2020-12-31 | ILA-0.85 | ILA36.50 | x |
| 2021-12-31 | ILA4.26 | ILA36.50 | x |
| 2022-12-31 | ILA4.54 | ILA36.50 | x |
| 2023-12-31 | ILA1.57 | ILA36.50 | x |
| 2024-12-31 | ILA1.34 | ILA36.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flying Spark 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): -34.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -181266.67%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.70x
- Recent ROE (-34.46%) is below the historical average (-31.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-1.54 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-1.52 Million |
| 2020 | 0.00% | -34071.43% | 0.01x | 0.00x | ILA-2.19 Million |
| 2021 | -57.04% | -69191.67% | 0.00x | 1.68x | ILA-9.76 Million |
| 2022 | -54.28% | 0.00% | 0.00x | 1.48x | ILA-11.40 Million |
| 2023 | -73.46% | -71681.25% | 0.00x | 1.85x | ILA-13.03 Million |
| 2024 | -34.46% | -181266.67% | 0.00x | 1.70x | ILA-7.02 Million |
Industry Comparison
This section compares Flying Spark Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $539,086,686
- Average return on equity (ROE) among peers: 6.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flying Spark Ltd (FLYS) | ILA3.20 Million | 0.00% | 1.86x | $544.18K |
| Beeio Honey Ltd (BHNY) | $317.70 Million | 32.18% | 0.88x | $34.30K |
| Kerur Holdings Ltd (KRUR) | $960.15 Million | 6.41% | 0.28x | $3.09 Million |
| Neto Malinda (NTML) | $1.45 Billion | 14.04% | 0.43x | $9.16 Million |
| Savoreat Ltd (SVRT) | $45.52K | -35.79% | 0.27x | $19.48K |
| Willy Food (WLFD) | $362.13 Million | 7.25% | 0.39x | $2.31 Million |
| Zanlakol Ltd (ZNKL) | $140.74 Million | 14.14% | 1.00x | $1.67 Million |