Geekco Technologies Corp (GKO) - Net Assets
Based on the latest financial reports, Geekco Technologies Corp (GKO) has net assets worth CA$-323.41K CAD (≈ $-233.95K 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$2.33 Million ≈ $1.68 Million USD) and total liabilities (CA$2.65 Million ≈ $1.92 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read GKO liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-323.41K |
| % of Total Assets | -13.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | -116.13% |
| 10-Year Change | N/A |
| Growth Volatility | 91.85 |
Geekco Technologies Corp - Net Assets Trend (2019–2024)
This chart illustrates how Geekco Technologies Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Geekco Technologies Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Geekco Technologies Corp (2019–2024)
The table below shows the annual net assets of Geekco Technologies Corp from 2019 to 2024. For live valuation and market cap data, see GKO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-664.00K ≈ $-480.33K |
-186.36% |
| 2023-12-31 | CA$768.92K ≈ $556.23K |
-74.32% |
| 2022-12-31 | CA$2.99 Million ≈ $2.17 Million |
-42.15% |
| 2021-12-31 | CA$5.18 Million ≈ $3.74 Million |
+25.68% |
| 2020-12-31 | CA$4.12 Million ≈ $2.98 Million |
+83.58% |
| 2019-12-31 | CA$2.24 Million ≈ $1.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Geekco Technologies 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 955999300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.75 Million | % |
| Total Equity | CA$-664.00K | 100.00% |
Geekco Technologies Corp Competitors by Market Cap
The table below lists competitors of Geekco Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MQ Technology Bhd
KLSE:0070
|
$2.99 Million |
|
Century Global Commodities Corp
TO:CNT
|
$2.99 Million |
|
BP Prudhoe Bay Royalty Trust
NYSE:BPT
|
$2.99 Million |
|
Kitwave Group PLC
LSE:KITW
|
$3.00 Million |
|
Digital Currency X Technology Inc.
NASDAQ:DCX
|
$2.99 Million |
|
Dongwon Systems Corp
KO:014825
|
$2.98 Million |
|
Olivut Resources Ltd
V:OLV
|
$2.98 Million |
|
Argeo AS
OL:ARGEO
|
$2.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Geekco Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 768,922 to -664,004, a change of -1,432,926 (-186.4%).
- Net loss of 2,693,209 reduced equity.
- New share issuances of 947,550 increased equity.
- Other factors increased equity by 312,733.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.69 Million | -405.6% |
| Share Issuances | CA$947.55K | +142.7% |
| Other Changes | CA$312.73K | +47.1% |
| Total Change | CA$- | -186.36% |
Book Value vs Market Value Analysis
This analysis compares Geekco Technologies 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 |
|---|---|---|---|
| 2019-12-31 | CA$0.98 | CA$0.05 | x |
| 2020-12-31 | CA$0.12 | CA$0.05 | x |
| 2021-12-31 | CA$0.14 | CA$0.05 | x |
| 2022-12-31 | CA$0.08 | CA$0.05 | x |
| 2023-12-31 | CA$0.02 | CA$0.05 | x |
| 2024-12-31 | CA$-0.01 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Geekco Technologies Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-88.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1.81% | -16.48% | 0.09x | 1.21x | CA$-264.96K |
| 2020 | -45.74% | -3100.21% | 0.01x | 1.15x | CA$-2.30 Million |
| 2021 | 4.83% | 2276.46% | 0.00x | 1.35x | CA$-267.64K |
| 2022 | -126.48% | -130092.31% | 0.00x | 1.82x | CA$-4.09 Million |
| 2023 | -361.13% | -55095.10% | 0.00x | 4.88x | CA$-2.85 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.63 Million |
Industry Comparison
This section compares Geekco Technologies Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $38,019,795
- Average return on equity (ROE) among peers: -271.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Geekco Technologies Corp (GKO) | CA$-323.41K | -1.81% | N/A | $2.99 Million |
| Abaxx Technologies Inc (ABXX) | $42.03 Million | -128.66% | 0.23x | $1.39 Billion |
| Adcore Inc (ADCO) | $7.48 Million | -13.17% | 1.10x | $10.05 Million |
| AnalytixInsight Inc (ALY) | $-3.70 Million | 0.00% | 0.00x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $-5.56 Million | 0.00% | 0.00x | $4.14 Million |
| Acceleware Ltd (AXE) | $-5.40 Million | 0.00% | 0.00x | $11.79 Million |
| BLUERUSH Media Group Corp (BTV) | $127.22K | -2633.08% | 15.00x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-4.63 Million | 0.00% | 0.00x | $2.80 Million |
| Computer Modelling Group Ltd. (CMG) | $8.50 Million | -24.71% | 0.35x | $231.91 Million |
| Constellation Software Inc. (CSU) | $338.18 Million | 52.41% | 3.86x | $37.43 Billion |
| NamSys Inc (CTZ) | $3.18 Million | 36.12% | 0.12x | $24.35 Million |
About Geekco Technologies Corp
Geekco Technologies Corporation, together with its subsidiary, engages in developing and operating mobile applications in Canada. The company is headquartered in Laval, Canada.