AirIQ Inc (IQ) - Net Assets
Based on the latest financial reports, AirIQ Inc (IQ) has net assets worth CA$8.09 Million CAD (≈ $5.85 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$9.19 Million ≈ $6.65 Million USD) and total liabilities (CA$1.09 Million ≈ $792.11K 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 IQ cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$8.09 Million |
| % of Total Assets | 88.08% |
| Annual Growth Rate | 11.34% |
| 5-Year Change | 197.83% |
| 10-Year Change | 1136.79% |
| Growth Volatility | 274.48 |
AirIQ Inc - Net Assets Trend (1997–2025)
This chart illustrates how AirIQ Inc's net assets have evolved over time, based on quarterly financial data. Also explore AirIQ Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for AirIQ Inc (1997–2025)
The table below shows the annual net assets of AirIQ Inc from 1997 to 2025. For live valuation and market cap data, see AirIQ Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$8.10 Million ≈ $5.86 Million |
+2.57% |
| 2024-03-31 | CA$7.90 Million ≈ $5.71 Million |
+13.48% |
| 2023-03-31 | CA$6.96 Million ≈ $5.03 Million |
+119.77% |
| 2022-03-31 | CA$3.17 Million ≈ $2.29 Million |
+16.43% |
| 2021-03-31 | CA$2.72 Million ≈ $1.97 Million |
+18.36% |
| 2020-03-31 | CA$2.30 Million ≈ $1.66 Million |
+46.74% |
| 2019-03-31 | CA$1.57 Million ≈ $1.13 Million |
+23.60% |
| 2018-03-31 | CA$1.27 Million ≈ $916.53K |
+20.44% |
| 2017-03-31 | CA$1.05 Million ≈ $761.00K |
+60.61% |
| 2016-03-31 | CA$655.00K ≈ $473.82K |
+197.73% |
| 2015-03-31 | CA$220.00K ≈ $159.14K |
+277.42% |
| 2014-03-31 | CA$-124.00K ≈ $-89.70K |
+63.20% |
| 2013-03-31 | CA$-337.00K ≈ $-243.78K |
-185.59% |
| 2012-03-31 | CA$-118.00K ≈ $-85.36K |
+90.84% |
| 2011-03-31 | CA$-1.29 Million ≈ $-931.72K |
-4500.00% |
| 2010-03-31 | CA$-28.00K ≈ $-20.25K |
+95.86% |
| 2009-03-31 | CA$-677.00K ≈ $-489.73K |
-108.66% |
| 2008-03-31 | CA$7.82 Million ≈ $5.66 Million |
-49.41% |
| 2007-03-31 | CA$15.46 Million ≈ $11.19 Million |
-5.28% |
| 2006-03-31 | CA$16.33 Million ≈ $11.81 Million |
-30.17% |
| 2005-03-31 | CA$23.38 Million ≈ $16.91 Million |
+42.99% |
| 2004-03-31 | CA$16.35 Million ≈ $11.83 Million |
-12.74% |
| 2003-03-31 | CA$18.74 Million ≈ $13.55 Million |
-40.13% |
| 2002-03-31 | CA$31.30 Million ≈ $22.64 Million |
-21.65% |
| 2001-03-31 | CA$39.95 Million ≈ $28.90 Million |
+217.05% |
| 2000-03-31 | CA$12.60 Million ≈ $9.11 Million |
+1300.00% |
| 1999-03-31 | CA$900.00K ≈ $651.05K |
+80.00% |
| 1998-03-31 | CA$500.00K ≈ $361.69K |
+25.00% |
| 1997-03-31 | CA$400.00K ≈ $289.35K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to AirIQ Inc'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 8926200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$98.76 Million | 1219.15% |
| Total Equity | CA$8.10 Million | 100.00% |
AirIQ Inc Competitors by Market Cap
The table below lists competitors of AirIQ Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SSH GROUP LTD
F:JRSA
|
$11.70 Million |
|
Salutica Bhd
KLSE:0183
|
$11.70 Million |
|
BTC Digital Ltd.
NASDAQ:BTCT
|
$11.71 Million |
|
Lovable Lingerie Limited
NSE:LOVABLE
|
$11.71 Million |
|
VCI Global Limited Ordinary Share
NASDAQ:VCIG
|
$11.69 Million |
|
TOMI Environmental Solutions Inc
NASDAQ:TOMZ
|
$11.68 Million |
|
Libet S.A.
WAR:LBT
|
$11.68 Million |
|
Fingerprint Cards AB (publ)
ST:FING-B
|
$11.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AirIQ Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,898,000 to 8,101,000, a change of 203,000 (2.6%).
- Net income of 203,000 contributed positively to equity growth.
- Share repurchases of 148,000 reduced equity.
- Other factors increased equity by 148,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$203.00K | +2.51% |
| Share Repurchases | CA$148.00K | -1.83% |
| Other Changes | CA$148.00K | +1.83% |
| Total Change | CA$- | 2.57% |
Book Value vs Market Value Analysis
This analysis compares AirIQ Inc'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: 2.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.23x to 2.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | CA$2.43 | CA$0.56 | x |
| 1998-03-31 | CA$1.52 | CA$0.56 | x |
| 1999-03-31 | CA$2.05 | CA$0.56 | x |
| 2000-03-31 | CA$23.90 | CA$0.56 | x |
| 2001-03-31 | CA$44.57 | CA$0.56 | x |
| 2002-03-31 | CA$24.66 | CA$0.56 | x |
| 2003-03-31 | CA$10.05 | CA$0.56 | x |
| 2004-03-31 | CA$8.69 | CA$0.56 | x |
| 2005-03-31 | CA$8.38 | CA$0.56 | x |
| 2006-03-31 | CA$4.13 | CA$0.56 | x |
| 2007-03-31 | CA$3.22 | CA$0.56 | x |
| 2008-03-31 | CA$1.48 | CA$0.56 | x |
| 2009-03-31 | CA$-0.11 | CA$0.56 | x |
| 2010-03-31 | CA$-0.01 | CA$0.56 | x |
| 2011-03-31 | CA$-0.22 | CA$0.56 | x |
| 2012-03-31 | CA$-0.01 | CA$0.56 | x |
| 2013-03-31 | CA$-0.02 | CA$0.56 | x |
| 2014-03-31 | CA$-0.01 | CA$0.56 | x |
| 2015-03-31 | CA$0.01 | CA$0.56 | x |
| 2016-03-31 | CA$0.02 | CA$0.56 | x |
| 2017-03-31 | CA$0.03 | CA$0.56 | x |
| 2018-03-31 | CA$0.04 | CA$0.56 | x |
| 2019-03-31 | CA$0.05 | CA$0.56 | x |
| 2020-03-31 | CA$0.07 | CA$0.56 | x |
| 2021-03-31 | CA$0.09 | CA$0.56 | x |
| 2022-03-31 | CA$0.10 | CA$0.56 | x |
| 2023-03-31 | CA$0.23 | CA$0.56 | x |
| 2024-03-31 | CA$0.26 | CA$0.56 | x |
| 2025-03-31 | CA$0.28 | CA$0.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AirIQ Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.66%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.13x
- Recent ROE (2.51%) is above the historical average (-12.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -25.00% | -11.11% | 1.29x | 1.75x | CA$-140.00K |
| 1998 | -120.00% | -75.00% | 1.33x | 1.20x | CA$-650.00K |
| 1999 | -88.89% | -266.67% | 0.27x | 1.22x | CA$-890.00K |
| 2000 | -25.40% | -3200.00% | 0.01x | 1.06x | CA$-4.46 Million |
| 2001 | -13.91% | -3266.01% | 0.00x | 1.07x | CA$-9.55 Million |
| 2002 | -29.38% | -447.46% | 0.05x | 1.30x | CA$-12.32 Million |
| 2003 | -67.11% | -213.23% | 0.23x | 1.37x | CA$-14.45 Million |
| 2004 | -53.49% | -106.97% | 0.27x | 1.87x | CA$-10.38 Million |
| 2005 | -48.36% | -51.91% | 0.44x | 2.11x | CA$-13.64 Million |
| 2006 | -80.54% | -32.83% | 0.80x | 3.08x | CA$-14.78 Million |
| 2007 | -49.01% | -18.73% | 0.91x | 2.88x | CA$-9.12 Million |
| 2008 | -101.49% | -33.13% | 1.12x | 2.73x | CA$-8.72 Million |
| 2009 | 0.00% | -64.41% | 1.19x | 0.00x | CA$-8.09 Million |
| 2010 | 0.00% | 5.69% | 2.19x | 0.00x | CA$301.80K |
| 2011 | 0.00% | -39.41% | 2.43x | 0.00x | CA$-1.09 Million |
| 2012 | 0.00% | -13.03% | 2.30x | 0.00x | CA$-298.20K |
| 2013 | 0.00% | -18.80% | 2.13x | 0.00x | CA$-403.30K |
| 2014 | 0.00% | -14.82% | 2.57x | 0.00x | CA$-351.60K |
| 2015 | 91.82% | 7.23% | 1.80x | 7.06x | CA$180.00K |
| 2016 | 60.92% | 12.03% | 1.68x | 3.01x | CA$333.50K |
| 2017 | 33.75% | 10.91% | 1.53x | 2.02x | CA$249.80K |
| 2018 | 12.63% | 4.88% | 1.32x | 1.96x | CA$33.30K |
| 2019 | 14.75% | 6.27% | 1.41x | 1.67x | CA$74.40K |
| 2020 | 31.03% | 14.15% | 1.24x | 1.76x | CA$483.20K |
| 2021 | 16.51% | 12.11% | 0.95x | 1.44x | CA$177.00K |
| 2022 | 17.90% | 12.97% | 0.96x | 1.44x | CA$250.30K |
| 2023 | 53.06% | 73.14% | 0.60x | 1.21x | CA$3.00 Million |
| 2024 | 11.00% | 15.76% | 0.61x | 1.15x | CA$79.20K |
| 2025 | 2.51% | 3.66% | 0.61x | 1.13x | CA$-607.10K |
Industry Comparison
This section compares AirIQ Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $53,714,494
- Average return on equity (ROE) among peers: -3.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AirIQ Inc (IQ) | CA$8.09 Million | -25.00% | 0.14x | $11.69 Million |
| Abaxx Technologies Inc (ABXX) | $27.94 Million | -42.69% | 0.05x | $1.39 Billion |
| Adcore Inc (ADCO) | $1.19 Million | -17.83% | 0.01x | $10.05 Million |
| AnalytixInsight Inc (ALY) | $-2.56 Million | 0.00% | 0.00x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $-7.80 Million | 0.00% | 0.00x | $4.14 Million |
| Acceleware Ltd (AXE) | $826.28K | -19.23% | 1.13x | $11.79 Million |
| BLUERUSH Media Group Corp (BTV) | $-2.89 Million | 0.00% | 0.00x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-3.36 Million | 0.00% | 0.00x | $2.80 Million |
| Computer Modelling Group Ltd. (CMG) | $63.17 Million | 43.74% | 0.59x | $231.91 Million |
| Constellation Software Inc. (CSU) | $457.51 Million | 45.20% | 3.12x | $37.43 Billion |
| NamSys Inc (CTZ) | $3.11 Million | -40.95% | 0.32x | $24.35 Million |
About AirIQ Inc
AirIQ Inc. provides IoT based asset management solutions in North America. The company offers fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options, including a fully integrated video telematics camera solution, and a battery powered solution for non-powered assets. It also provides fleet management, trailer tracking, field services application, video… Read more