Boardwalktech Software Corp (BWLK) - Net Assets

Latest as of December 2025: CA$-4.66 Million CAD ≈ $-3.37 Million USD

Based on the latest financial reports, Boardwalktech Software Corp (BWLK) has net assets worth CA$-4.66 Million CAD (≈ $-3.37 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$979.42K ≈ $708.50K USD) and total liabilities (CA$5.64 Million ≈ $4.08 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. Check tangible equity quality of Boardwalktech Software Corp to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-4.66 Million
% of Total Assets	-475.59%
Annual Growth Rate	N/A
5-Year Change	-235.75%
10-Year Change	N/A
Growth Volatility	121.46

Boardwalktech Software Corp - Net Assets Trend (2016–2025)

This chart illustrates how Boardwalktech Software Corp's net assets have evolved over time, based on quarterly financial data. See BWLK days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Boardwalktech Software Corp (2016–2025)

The table below shows the annual net assets of Boardwalktech Software Corp from 2016 to 2025. For live valuation and market cap data, see market value of Boardwalktech Software Corp.

Year	Net Assets	Change
2025-03-31	CA$-3.36 Million ≈ $-2.43 Million	-111.57%
2024-03-31	CA$-1.59 Million ≈ $-1.15 Million	-65.27%
2023-03-31	CA$-962.15K ≈ $-696.01K	-325.72%
2022-03-31	CA$426.27K ≈ $308.36K	-82.80%
2021-03-31	CA$2.48 Million ≈ $1.79 Million	+140.82%
2020-03-31	CA$-6.07 Million ≈ $-4.39 Million	-31.24%
2019-03-31	CA$-4.63 Million ≈ $-3.35 Million	-3946.03%
2018-03-31	CA$-114.33K ≈ $-82.71K	-33.14%
2017-03-31	CA$-85.87K ≈ $-62.12K	+98.43%
2016-03-31	CA$-5.47 Million ≈ $-3.96 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Boardwalktech Software Corp'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 4762482800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Other Components	CA$52.00 Million	%
Total Equity	CA$-3.32 Million	100.00%

Boardwalktech Software Corp Competitors by Market Cap

The table below lists competitors of Boardwalktech Software Corp ranked by their market capitalization.

Company	Market Cap
ESGL Holdings Limited Ordinary Shares NASDAQ:ESGL	$2.54 Million
Kumho Industrial Co Ltd KO:002995	$2.54 Million
James Latham PLC LSE:LTHM	$2.54 Million
Onix Capital Tbk JK:OCAP	$2.55 Million
Puma VCT 13 PLC LSE:PU13	$2.54 Million
TT Electronics Plc LSE:TTG	$2.54 Million
Cumulus Media Inc Class A NASDAQ:CMLS	$2.54 Million
Great Western Mining Corp Plc IR:8GW	$2.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Boardwalktech Software Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -1,589,703 to -3,321,645, a change of -1,731,942.
Net loss of 3,197,493 reduced equity.
New share issuances of 776,008 increased equity.
Other factors increased equity by 689,543.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-3.20 Million	-96.26%
Share Issuances	CA$776.01K	+23.36%
Other Changes	CA$689.54K	+20.76%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Boardwalktech Software Corp'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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2018-03-31	CA$-0.02	CA$0.05	x
2019-03-31	CA$-0.35	CA$0.05	x
2020-03-31	CA$-0.47	CA$0.05	x
2021-03-31	CA$0.10	CA$0.05	x
2022-03-31	CA$0.01	CA$0.05	x
2023-03-31	CA$-0.02	CA$0.05	x
2024-03-31	CA$-0.03	CA$0.05	x
2025-03-31	CA$-0.05	CA$0.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Boardwalktech Software Corp 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -66.66%
• Asset Turnover: 2.86x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-98.07%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	0.00%	-12.76%	9.42x	0.00x	CA$-65.73K
2017	0.00%	-0.38%	1782.24x	0.00x	CA$-9.86K
2018	0.00%	-0.52%	1993.27x	0.00x	CA$-11.11K
2019	0.00%	-424.20%	4.14x	0.00x	CA$-20.40 Million
2020	0.00%	-125.52%	3.23x	0.00x	CA$-5.21 Million
2021	-145.64%	-83.14%	0.97x	1.81x	CA$-3.86 Million
2022	-835.06%	-81.46%	1.10x	9.34x	CA$-3.61 Million
2023	0.00%	-55.36%	1.71x	0.00x	CA$-3.49 Million
2024	0.00%	-52.45%	1.59x	0.00x	CA$-2.97 Million
2025	0.00%	-66.66%	2.86x	0.00x	CA$-2.87 Million

Industry Comparison

This section compares Boardwalktech Software Corp's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $19,303,380
Average return on equity (ROE) among peers: -33.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Boardwalktech Software Corp (BWLK)	CA$-4.66 Million	0.00%	N/A	$2.54 Million
Abaxx Technologies Inc (ABXX)	$42.88 Million	-22.46%	0.14x	$956.93 Million
Adcore Inc (ADCO)	$5.58 Million	23.61%	0.39x	$7.49 Million
AnalytixInsight Inc (ALY)	$3.31 Million	-104.53%	0.25x	$1.76 Million
Agereh Technologies Inc (AUTO)	$-5.69 Million	0.00%	0.00x	$3.75 Million
Acceleware Ltd (AXE)	$2.15 Million	-4.58%	1.86x	$12.42 Million
BLUERUSH Media Group Corp (BTV)	$556.80K	-293.94%	3.48x	$356.37K
Computer Modelling Group Ltd. (CMG)	$27.66 Million	60.07%	0.74x	$220.23 Million
Constellation Software Inc. (CSU)	$89.00 Million	12.48%	2.03x	$44.16 Billion
NamSys Inc (CTZ)	$8.26 Million	25.30%	0.12x	$21.95 Million

About Boardwalktech Software Corp

V:BWLK Canada Software - Application

Market Cap

$2.54 Million

CA$3.52 Million CAD

Market Cap Rank

#29693 Global

#1452 in Canada

Share Price

CA$0.05

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.13

All Time High

CA$5.23