Frequency Exchange Corp.
Frequency Exchange Corp. focuses on the development and commercialization of a wearable frequency delivery system that provides programs for health, wellness, and performance enhancement. The company is headquartered in Vancouver, Canada. Frequency Exchange Corp. operates as a subsidiary of Waveforce Electronics Inc.
Frequency Exchange Corp. (FREQ) - Net Assets
Latest net assets as of September 2025: CA$1.17 Million CAD
Based on the latest financial reports, Frequency Exchange Corp. (FREQ) has net assets worth CA$1.17 Million 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$2.05 Million) and total liabilities (CA$879.09K). 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$1.17 Million |
| % of Total Assets | 57.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 117.34 |
Frequency Exchange Corp. - Net Assets Trend (2020–2024)
This chart illustrates how Frequency Exchange Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Frequency Exchange Corp. (2020–2024)
The table below shows the annual net assets of Frequency Exchange Corp. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-444.28K | +14.97% |
| 2023-12-31 | CA$-522.47K | -256.41% |
| 2022-12-31 | CA$334.04K | +6.05% |
| 2021-12-31 | CA$314.99K | -23.70% |
| 2020-12-31 | CA$412.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Frequency Exchange 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 825278800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$9.15 Million | % |
| Total Equity | CA$-444.28K | 100.00% |
Frequency Exchange Corp. Competitors by Market Cap
The table below lists competitors of Frequency Exchange Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea No.12 Special Purpose Acquisition Co., Ltd.
KQ:458610
|
$6.07 Million |
|
Adelong Gold Ltd
AU:ADG
|
$6.07 Million |
|
PT Verona Indah Pictures Tbk
JK:VERN
|
$6.07 Million |
|
Hasen-Immobilien AG
STU:ABHA
|
$6.07 Million |
|
Calibre
PA:ALWIN
|
$6.06 Million |
|
Northern Minerals & Exploration Ltd
PINK:NMEX
|
$6.06 Million |
|
Attacq
JSE:ATT
|
$6.06 Million |
|
Sovereign Cloud Holdings Ltd
AU:SOV
|
$6.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frequency Exchange Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -522,472 to -444,278, a change of 78,194.
- Net loss of 1,181,257 reduced equity.
- New share issuances of 738,077 increased equity.
- Other factors increased equity by 521,374.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-1.18 Million | -265.88% |
| Share Issuances | CA$738.08K | +166.13% |
| Other Changes | CA$521.37K | +117.35% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Frequency Exchange 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 |
|---|---|---|---|
| 2020-12-31 | CA$0.01 | CA$0.30 | x |
| 2021-12-31 | CA$0.01 | CA$0.30 | x |
| 2022-12-31 | CA$0.01 | CA$0.30 | x |
| 2023-12-31 | CA$-0.01 | CA$0.30 | x |
| 2024-12-31 | CA$-0.01 | CA$0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frequency Exchange Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -112.76%
- • Asset Turnover: 1.73x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-345.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -28.24% | 0.00% | 0.00x | 1.05x | CA$-157.86K |
| 2021 | -246.86% | -91.97% | 1.66x | 1.62x | CA$-809.09K |
| 2022 | -1454.44% | -694.96% | 0.50x | 4.18x | CA$-4.89 Million |
| 2023 | 0.00% | -173.02% | 2.27x | 0.00x | CA$-1.38 Million |
| 2024 | 0.00% | -112.76% | 1.73x | 0.00x | CA$-1.14 Million |
Industry Comparison
This section compares Frequency Exchange Corp.'s net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $856,473
- Average return on equity (ROE) among peers: -5.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frequency Exchange Corp. (FREQ) | CA$1.17 Million | -28.24% | 0.75x | $6.07 Million |
| Cheelcare Inc. (CHER) | $-1.89 Million | 0.00% | 0.00x | $11.70K |
| Evome Medical Technologies Inc. (EVMT) | $9.50 Million | -20.26% | 0.02x | $284.04K |
| Imaging Dynamics Company Ltd (IDL) | $-644.55K | 0.00% | 0.00x | $288.10K |
| VVT Med Inc. (VVTM) | $-3.54 Million | 0.00% | 0.00x | $8.84 Million |