VerticalScope Holdings Inc
VerticalScope Holdings Inc., a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, Australia, and internationally. The company offers digital advertising services comprising direct advertising campaigns; programmatic advertising, such as monetization of display and video impressions, and private … Read more
VerticalScope Holdings Inc (FORA) - Net Assets
Latest net assets as of December 2025: CA$75.14 Million CAD
Based on the latest financial reports, VerticalScope Holdings Inc (FORA) has net assets worth CA$75.14 Million CAD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$132.10 Million) and total liabilities (CA$56.96 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 | CA$75.14 Million |
| % of Total Assets | 56.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | -21.93% |
| 10-Year Change | N/A |
| Growth Volatility | 6.95 |
VerticalScope Holdings Inc - Net Assets Trend (2019–2025)
This chart illustrates how VerticalScope Holdings 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 VerticalScope Holdings Inc (2019–2025)
The table below shows the annual net assets of VerticalScope Holdings Inc from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$75.14 Million | -9.13% |
| 2024-12-31 | CA$82.69 Million | +2.48% |
| 2023-12-31 | CA$80.69 Million | -0.99% |
| 2022-12-31 | CA$81.50 Million | -15.32% |
| 2021-12-31 | CA$96.24 Million | +526.90% |
| 2020-12-31 | CA$-22.54 Million | +1.98% |
| 2019-12-31 | CA$-23.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VerticalScope Holdings 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 4149302800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$159.09 Million | 211.74% |
| Other Comprehensive Income | CA$-145.23K | -0.19% |
| Other Components | CA$23.28 Million | 30.98% |
| Total Equity | CA$75.14 Million | 100.00% |
VerticalScope Holdings Inc Competitors by Market Cap
The table below lists competitors of VerticalScope Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CPE Technology Berhad
KLSE:5317
|
$25.76 Million |
|
LI Ming Development Construction Co Ltd
TWO:6212
|
$25.77 Million |
|
Biocartis Group NV
BR:BCART
|
$25.77 Million |
|
wallstreet:online AG
LSE:0CDX
|
$25.77 Million |
|
Noodles & Company
NASDAQ:NDLS
|
$25.75 Million |
|
Forward Graphic Enterprise Co Ltd
TWO:8906
|
$25.75 Million |
|
Vine Hill Capital Investment Corp. Warrant
NASDAQ:VCICW
|
$25.73 Million |
|
Iofina plc
PINK:IOFNF
|
$25.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VerticalScope Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 82,686,722 to 75,137,125, a change of -7,549,597 (-9.1%).
- Net loss of 8,162,113 reduced equity.
- Share repurchases of 1,877,369 reduced equity.
- Other comprehensive income increased equity by 266.
- Other factors increased equity by 2,489,619.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-8.16 Million | -10.86% |
| Share Repurchases | CA$1.88 Million | -2.5% |
| Other Comprehensive Income | CA$266.00 | +0.0% |
| Other Changes | CA$2.49 Million | +3.31% |
| Total Change | CA$- | -9.13% |
Book Value vs Market Value Analysis
This analysis compares VerticalScope Holdings 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: 0.88x
- 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 |
|---|---|---|---|
| 2019-12-31 | CA$-1.17 | CA$3.05 | x |
| 2020-12-31 | CA$-1.14 | CA$3.05 | x |
| 2021-12-31 | CA$4.66 | CA$3.05 | x |
| 2022-12-31 | CA$4.13 | CA$3.05 | x |
| 2023-12-31 | CA$3.78 | CA$3.05 | x |
| 2024-12-31 | CA$3.87 | CA$3.05 | x |
| 2025-12-31 | CA$3.48 | CA$3.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VerticalScope Holdings 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): -10.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.80%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.76x
- Recent ROE (-10.86%) is below the historical average (-8.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -2.97% | 0.57x | 0.00x | CA$566.80K |
| 2020 | 0.00% | -2.65% | 0.65x | 0.00x | CA$748.48K |
| 2021 | -12.74% | -18.65% | 0.30x | 2.26x | CA$-21.89 Million |
| 2022 | -30.40% | -30.78% | 0.45x | 2.18x | CA$-32.92 Million |
| 2023 | -6.14% | -8.13% | 0.40x | 1.90x | CA$-13.02 Million |
| 2024 | -0.02% | -0.02% | 0.52x | 1.60x | CA$-8.28 Million |
| 2025 | -10.86% | -13.80% | 0.45x | 1.76x | CA$-15.68 Million |
Industry Comparison
This section compares VerticalScope Holdings Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $-2,457,906
- Average return on equity (ROE) among peers: -66.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VerticalScope Holdings Inc (FORA) | CA$75.14 Million | 0.00% | 0.76x | $25.75 Million |
| Builddirect.com Tehcnologies Inc (BILD) | $-5.42 Million | 0.00% | 0.00x | $24.56 Million |
| Darelle Online Solutions Inc (DAR) | $508.20K | -132.61% | 0.32x | $2.18 Million |