Axe2 Acquisitions Inc.
Axe2 Acquisitions Inc. does not have significant operations. It focuses on identifying and evaluating assets or businesses with a view to complete a qualifying transaction. The company was incorporated in 2020 and is headquartered in Toronto, Canada.
Axe2 Acquisitions Inc. (AXET-P) - Net Assets
Latest net assets as of September 2025: CA$29.96K CAD
Based on the latest financial reports, Axe2 Acquisitions Inc. (AXET-P) has net assets worth CA$29.96K CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$62.10K) and total liabilities (CA$32.14K). 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$29.96K |
| % of Total Assets | 48.24% |
| Annual Growth Rate | 66.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 732.5 |
Axe2 Acquisitions Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Axe2 Acquisitions 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 Axe2 Acquisitions Inc. (2021–2024)
The table below shows the annual net assets of Axe2 Acquisitions Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$96.86K | -57.84% |
| 2023-12-31 | CA$229.73K | -31.92% |
| 2022-12-31 | CA$337.42K | +1508.84% |
| 2021-12-31 | CA$20.97K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axe2 Acquisitions 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 35955700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$535.44K | 552.81% |
| Total Equity | CA$96.86K | 100.00% |
Axe2 Acquisitions Inc. Competitors by Market Cap
The table below lists competitors of Axe2 Acquisitions Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlueRush Inc
OTCQB:BTVRF
|
$20.76K |
|
Thac Mo Hydropower JSC
VN:TMP
|
$20.77K |
|
SPGM11
SA:SPGM11
|
$20.78K |
|
Hunter Maritime Acquisition Corp
PINK:HUNTF
|
$20.78K |
|
D&D Platform Reit Co Ltd
KO:377190
|
$20.74K |
|
Vitru Brasil Empreendimentos, Participações e Comércio S.A.
SA:VTRU3
|
$20.73K |
|
EFC (I) Limited
NSE:EFCIL
|
$20.72K |
|
Weaccess Group SA
PA:MLWEA
|
$20.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axe2 Acquisitions Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 229,732 to 96,859, a change of -132,873 (-57.8%).
- Net loss of 132,873 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-132.87K | -137.18% |
| Total Change | CA$- | -57.84% |
Book Value vs Market Value Analysis
This analysis compares Axe2 Acquisitions 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: 1.42x
- 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 6.57x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.00 | CA$0.02 | x |
| 2022-12-31 | CA$0.05 | CA$0.02 | x |
| 2023-12-31 | CA$0.03 | CA$0.02 | x |
| 2024-12-31 | CA$0.01 | CA$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axe2 Acquisitions Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -137.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.33x
- Recent ROE (-137.18%) is below the historical average (-101.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -188.01% | 0.00% | 0.00x | 4.15x | CA$-41.53K |
| 2022 | -35.27% | 0.00% | 0.00x | 1.33x | CA$-152.74K |
| 2023 | -46.88% | 0.00% | 0.00x | 1.04x | CA$-130.66K |
| 2024 | -137.18% | 0.00% | 0.00x | 1.33x | CA$-142.56K |
Industry Comparison
This section compares Axe2 Acquisitions Inc.'s net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $320,719
- Average return on equity (ROE) among peers: -15.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axe2 Acquisitions Inc. (AXET-P) | CA$29.96K | -188.01% | 1.07x | $20.74K |
| First Tidal Acquisition Corp. (AAA-P) | $271.64K | -12.76% | 0.07x | $106.95K |
| AAJ Capital 3 Corp. (AAAJ-P) | $176.31K | -28.45% | 0.14x | $50.13K |
| AD4 Capital Corp. (ADJ-P) | $498.36K | 0.00% | 0.06x | $10.44K |
| AF2 Capital Corp (AF-P) | $125.52K | -22.68% | 0.19x | $45.26K |
| AIM5 Ventures Inc (AIME-P) | $236.65K | -15.61% | 0.12x | $151.51K |
| Apolo IV Acquisition Corp (AIV-P) | $1.13 Million | -19.92% | 0.03x | $33.42K |
| A-Labs Capital II Corp (ALAB-P) | $166.02K | -34.30% | 0.10x | $38.61K |
| Albatros Acquisition Corporation Inc. (ALBT-P) | $155.00K | 0.00% | 0.13x | $13.43K |
| Altina Capital Corp (ALTN-P) | $-3.34K | 0.00% | 0.00x | $65.59K |
| AMG Acquisition Corp (AMG-P) | $454.39K | -24.61% | 0.02x | $54.31K |