Identillect Technologies Corp (ID) - Net Assets
Based on the latest financial reports, Identillect Technologies Corp (ID) has net assets worth CA$-1.74 Million CAD (≈ $-1.26 Million 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$18.56K ≈ $13.43K USD) and total liabilities (CA$1.75 Million ≈ $1.27 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Explore Identillect Technologies Corp operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-1.74 Million |
| % of Total Assets | -9350.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 218.48 |
Identillect Technologies Corp - Net Assets Trend (2013–2024)
This chart illustrates how Identillect Technologies Corp's net assets have evolved over time, based on quarterly financial data. Also explore Identillect Technologies Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for Identillect Technologies Corp (2013–2024)
The table below shows the annual net assets of Identillect Technologies Corp from 2013 to 2024. For live valuation and market cap data, see Identillect Technologies Corp (ID) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-1.51 Million ≈ $-1.10 Million |
-14.61% |
| 2023-12-31 | CA$-1.32 Million ≈ $-955.57K |
-43.33% |
| 2022-12-31 | CA$-921.62K ≈ $-666.69K |
+52.33% |
| 2021-12-31 | CA$-1.93 Million ≈ $-1.40 Million |
-19.03% |
| 2020-12-31 | CA$-1.62 Million ≈ $-1.17 Million |
-9.73% |
| 2019-12-31 | CA$-1.48 Million ≈ $-1.07 Million |
-104.16% |
| 2018-12-31 | CA$-724.99K ≈ $-524.45K |
-241.51% |
| 2017-12-31 | CA$512.33K ≈ $370.61K |
+142.50% |
| 2016-12-31 | CA$-1.21 Million ≈ $-872.07K |
-43.54% |
| 2015-12-31 | CA$-839.88K ≈ $-607.56K |
-604.62% |
| 2014-12-31 | CA$166.44K ≈ $120.40K |
-82.59% |
| 2013-12-31 | CA$956.05K ≈ $691.59K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Identillect 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 1306310200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$11.71 Million | % |
| Total Equity | CA$-1.51 Million | 100.00% |
Identillect Technologies Corp Competitors by Market Cap
The table below lists competitors of Identillect Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kezar Life Sciences Inc
NASDAQ:KZR
|
$1.18 Million |
|
Tombador Iron Ltd
AU:TI1
|
$1.18 Million |
|
Amati AIM VCT plc
LSE:AMAT
|
$1.18 Million |
|
Gaming Realms plc
LSE:GMR
|
$1.19 Million |
|
XTM INC.
F:7XT
|
$1.17 Million |
|
Asia Media Group Bhd
KLSE:0159
|
$1.17 Million |
|
Somero Enterprise Inc
LSE:SOM
|
$1.17 Million |
|
Visionary Education Technology Holdings Group Inc.
NASDAQ:GV
|
$1.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Identillect Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,320,965 to -1,513,931, a change of -192,966.
- Net loss of 256,122 reduced equity.
- Other factors increased equity by 63,156.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-256.12K | -16.92% |
| Other Changes | CA$63.16K | +4.17% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Identillect 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 |
|---|---|---|---|
| 2017-12-31 | CA$0.01 | CA$0.23 | x |
| 2018-12-31 | CA$-0.01 | CA$0.23 | x |
| 2019-12-31 | CA$-0.02 | CA$0.23 | x |
| 2020-12-31 | CA$-0.01 | CA$0.23 | x |
| 2021-12-31 | CA$-0.01 | CA$0.23 | x |
| 2022-12-31 | CA$0.00 | CA$0.23 | x |
| 2023-12-31 | CA$0.00 | CA$0.23 | x |
| 2024-12-31 | CA$-0.01 | CA$0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Identillect Technologies Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.29%
- • Asset Turnover: 5.53x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-110.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -14.60% | 0.00% | 0.00x | 1.05x | CA$-235.15K |
| 2014 | -928.93% | -4327.38% | 0.06x | 3.37x | CA$-1.56 Million |
| 2015 | 0.00% | -883.18% | 1.28x | 0.00x | CA$-1.76 Million |
| 2016 | 0.00% | -512.78% | 2.29x | 0.00x | CA$-3.17 Million |
| 2017 | -386.20% | -217.21% | 0.71x | 2.50x | CA$-2.03 Million |
| 2018 | 0.00% | -130.76% | 3.63x | 0.00x | CA$-1.35 Million |
| 2019 | 0.00% | -142.10% | 2.77x | 0.00x | CA$-618.34K |
| 2020 | 0.00% | -90.63% | 4.97x | 0.00x | CA$-336.49K |
| 2021 | 0.00% | -111.34% | 4.70x | 0.00x | CA$-487.74K |
| 2022 | 0.00% | -62.58% | 3.25x | 0.00x | CA$-305.79K |
| 2023 | 0.00% | -59.20% | 6.04x | 0.00x | CA$-252.84K |
| 2024 | 0.00% | -42.29% | 5.53x | 0.00x | CA$-104.73K |
Industry Comparison
This section compares Identillect Technologies Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $71,535,128
- Average return on equity (ROE) among peers: -28.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Identillect Technologies Corp (ID) | CA$-1.74 Million | -14.60% | N/A | $1.18 Million |
| Abaxx Technologies Inc (ABXX) | $-1.66 Million | 0.00% | 0.00x | $1.47 Billion |
| Adcore Inc (ADCO) | $6.88 Million | 9.41% | 0.85x | $8.59 Million |
| AnalytixInsight Inc (ALY) | $2.78 Million | -26.15% | 0.46x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $1.27 Million | -378.42% | 3.52x | $4.96 Million |
| Acceleware Ltd (AXE) | $849.93K | -14.47% | 0.09x | $9.32 Million |
| BLUERUSH Media Group Corp (BTV) | $-2.62 Million | 0.00% | 0.00x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-962.15K | 0.00% | 0.00x | $2.54 Million |
| Computer Modelling Group Ltd. (CMG) | $18.64 Million | 37.32% | 0.63x | $217.35 Million |
| Constellation Software Inc. (CSU) | $687.00 Million | 48.47% | 4.08x | $40.58 Billion |
| NamSys Inc (CTZ) | $3.18 Million | 36.12% | 0.12x | $24.28 Million |
About Identillect Technologies Corp
Secure Blockchain Development Corp. engages in the research, design, and development of an email encryption software solution. It provides Delivery Trust, an email encryption technology software that targets organizations, as well as individuals, including medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators. The company was formerly known as Identil… Read more