Fintech Select Ltd (FTEC) - Net Assets
Based on the latest financial reports, Fintech Select Ltd (FTEC) has net assets worth CA$-98.25K CAD (≈ $-71.07K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$990.90K ≈ $716.80K USD) and total liabilities (CA$1.09 Million ≈ $787.87K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FTEC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-98.25K |
| % of Total Assets | -9.92% |
| Annual Growth Rate | -10.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 628.84 |
Fintech Select Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Fintech Select Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Fintech Select Ltd for the complete picture of this company's asset base.
Annual Net Assets for Fintech Select Ltd (2006–2024)
The table below shows the annual net assets of Fintech Select Ltd from 2006 to 2024. For live valuation and market cap data, see FTEC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$35.85K ≈ $25.93K |
+104.56% |
| 2023-12-31 | CA$-786.95K ≈ $-569.26K |
+44.17% |
| 2022-12-31 | CA$-1.41 Million ≈ $-1.02 Million |
+47.48% |
| 2021-12-31 | CA$-2.68 Million ≈ $-1.94 Million |
+4.85% |
| 2020-12-31 | CA$-2.82 Million ≈ $-2.04 Million |
+17.75% |
| 2019-12-31 | CA$-3.43 Million ≈ $-2.48 Million |
+2.86% |
| 2018-12-31 | CA$-3.53 Million ≈ $-2.55 Million |
+16.86% |
| 2017-12-31 | CA$-4.25 Million ≈ $-3.07 Million |
+57.18% |
| 2016-12-31 | CA$-9.92 Million ≈ $-7.17 Million |
+15.83% |
| 2015-12-31 | CA$-11.78 Million ≈ $-8.52 Million |
-25.47% |
| 2014-12-31 | CA$-9.39 Million ≈ $-6.79 Million |
-18.26% |
| 2013-12-31 | CA$-7.94 Million ≈ $-5.74 Million |
-66.83% |
| 2012-12-31 | CA$-4.76 Million ≈ $-3.44 Million |
-89.22% |
| 2011-12-31 | CA$-2.52 Million ≈ $-1.82 Million |
+46.77% |
| 2010-12-31 | CA$-4.73 Million ≈ $-3.42 Million |
-35.52% |
| 2009-12-31 | CA$-3.49 Million ≈ $-2.52 Million |
+9.66% |
| 2008-12-31 | CA$-3.86 Million ≈ $-2.79 Million |
-234.76% |
| 2007-12-31 | CA$2.86 Million ≈ $2.07 Million |
+1022.92% |
| 2006-12-31 | CA$255.04K ≈ $184.49K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fintech Select 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 2582754600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$25.88 Million | 72195.00% |
| Total Equity | CA$35.85K | 100.00% |
Fintech Select Ltd Competitors by Market Cap
The table below lists competitors of Fintech Select Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nortec Minerals Corp
V:NVT
|
$2.32 Million |
|
SANCUS LENDING GROUP LTD.
F:97F
|
$2.32 Million |
|
C.I. Group Public Company Limited
BK:CIG
|
$2.33 Million |
|
Cortus Energy AB (publ)
ST:CE
|
$2.33 Million |
|
Soho Development SA
WAR:SHD
|
$2.31 Million |
|
Pro-Pac Packaging Ltd
AU:PPG
|
$2.31 Million |
|
Femto Technologies Inc.
NASDAQ:FMTO
|
$2.31 Million |
|
NT Minerals Ltd
AU:NTM
|
$2.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fintech Select Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -786,945 to 35,852, a change of 822,797.
- Net income of 489,749 contributed positively to equity growth.
- Other comprehensive income decreased equity by 129,924.
- Other factors increased equity by 462,972.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$489.75K | +1366.03% |
| Other Comprehensive Income | CA$-129.92K | -362.39% |
| Other Changes | CA$462.97K | +1291.34% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Fintech Select 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: 89.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.02x to 89.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CA$2.06 | CA$0.04 | x |
| 2005-12-31 | CA$0.61 | CA$0.04 | x |
| 2006-12-31 | CA$0.07 | CA$0.04 | x |
| 2007-12-31 | CA$0.36 | CA$0.04 | x |
| 2008-12-31 | CA$-0.39 | CA$0.04 | x |
| 2009-12-31 | CA$-0.34 | CA$0.04 | x |
| 2010-12-31 | CA$-0.45 | CA$0.04 | x |
| 2011-12-31 | CA$-0.22 | CA$0.04 | x |
| 2012-12-31 | CA$-0.34 | CA$0.04 | x |
| 2013-12-31 | CA$-0.42 | CA$0.04 | x |
| 2014-12-31 | CA$-0.50 | CA$0.04 | x |
| 2015-12-31 | CA$-0.49 | CA$0.04 | x |
| 2016-12-31 | CA$-0.33 | CA$0.04 | x |
| 2017-12-31 | CA$-0.07 | CA$0.04 | x |
| 2018-12-31 | CA$-0.05 | CA$0.04 | x |
| 2019-12-31 | CA$-0.05 | CA$0.04 | x |
| 2020-12-31 | CA$-0.04 | CA$0.04 | x |
| 2021-12-31 | CA$-0.04 | CA$0.04 | x |
| 2022-12-31 | CA$-0.02 | CA$0.04 | x |
| 2023-12-31 | CA$-0.01 | CA$0.04 | x |
| 2024-12-31 | CA$0.00 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fintech Select Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1366.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.26%
- • Asset Turnover: 3.94x
- • Equity Multiplier: 28.29x
- Recent ROE (1366.03%) is above the historical average (44.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -3.03% | -584.65% | 0.00x | 1.14x | CA$-85.73K |
| 2005 | -68.93% | -3248.25% | 0.02x | 1.16x | CA$-307.34K |
| 2006 | -274.44% | -1.86% | 10.50x | 14.06x | CA$-725.44K |
| 2007 | -82.18% | -4.93% | 4.26x | 3.91x | CA$-2.64 Million |
| 2008 | 0.00% | -10.59% | 10.09x | 0.00x | CA$-7.10 Million |
| 2009 | 0.00% | 0.51% | 10.32x | 0.00x | CA$779.61K |
| 2010 | 0.00% | -1.07% | 8.34x | 0.00x | CA$-631.94K |
| 2011 | 0.00% | -3.85% | 7.37x | 0.00x | CA$-2.95 Million |
| 2012 | 0.00% | -11.82% | 7.56x | 0.00x | CA$-6.71 Million |
| 2013 | 0.00% | -10.05% | 5.75x | 0.00x | CA$-2.43 Million |
| 2014 | 0.00% | -6.63% | 4.97x | 0.00x | CA$-437.05K |
| 2015 | 0.00% | -29.94% | 3.03x | 0.00x | CA$-1.41 Million |
| 2016 | 0.00% | 16.73% | 1.49x | 0.00x | CA$1.96 Million |
| 2017 | 0.00% | 12.10% | 1.89x | 0.00x | CA$859.66K |
| 2018 | 0.00% | 25.29% | 4.26x | 0.00x | CA$1.12 Million |
| 2019 | 0.00% | -7.74% | 2.76x | 0.00x | CA$89.37K |
| 2020 | 0.00% | 14.04% | 2.28x | 0.00x | CA$687.18K |
| 2021 | 0.00% | -4.07% | 2.27x | 0.00x | CA$155.57K |
| 2022 | 0.00% | 46.23% | 5.36x | 0.00x | CA$1.34 Million |
| 2023 | 0.00% | 8.61% | 6.88x | 0.00x | CA$407.91K |
| 2024 | 1366.03% | 12.26% | 3.94x | 28.29x | CA$486.16K |
Industry Comparison
This section compares Fintech Select Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $-14,516,955
- Average return on equity (ROE) among peers: -41.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fintech Select Ltd (FTEC) | CA$-98.25K | -3.03% | N/A | $2.32 Million |
| BlackBerry Ltd (BB) | $776.00 Million | -16.78% | 0.80x | $2.78 Billion |
| Blockchaink2 Corp (BITK) | $2.90 Million | -23.65% | 0.02x | $2.26 Million |
| Coveo Solutions Inc (CVO) | $-999.08 Million | 0.00% | 0.00x | $179.34 Million |
| Fobi AI Inc (FOBI) | $-294.78K | 0.00% | 0.00x | $6.50 Million |
| Haivision Systems Inc (HAI) | $90.25 Million | -6.86% | 0.65x | $127.86 Million |
| Hank Payments Corp (HANK) | $-7.87 Million | 0.00% | 0.00x | $15.76 Million |
| DeepMarkit Corp (MKT) | $1.01 Million | -241.79% | 0.10x | $12.27 Million |
| Mogo Inc (MOGO) | $5.70 Million | -299.77% | 16.37x | $25.11 Million |
| Martello Technologies Group Inc (MTLO) | $733.30K | 213.59% | 0.34x | $2.11 Million |
About Fintech Select Ltd
Fintech Select Ltd. provides financial payment services in Canada. It operates through three segments: Distribution, Call Centers, and Financial Services. The company offers MasterCard and Visa prepaid card programs that serves a point of sale (POS) footprint, which allows consumers to activate, fund, and reload their cards for various corporate and government organizations. It also provides Twif… Read more