Real Luck Group Ltd
Real Luck Group Ltd., together with its subsidiaries, operates online betting platform in the Isle of Man. It operates Luckbox, an esports betting platform which provides real-money wagering on esports, sports, and casino games. The company offers players to bet on video game events and matches across thirteen game titles and ten sports. Real Luck Group Ltd. is headquartered in Calgary, Canada.
Real Luck Group Ltd (LUCK) - Net Assets
Latest net assets as of September 2023: CA$-2.54 Million CAD
Based on the latest financial reports, Real Luck Group Ltd (LUCK) has net assets worth CA$-2.54 Million CAD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$727.50K) and total liabilities (CA$3.27 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.54 Million |
| % of Total Assets | -349.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 197.41 |
Real Luck Group Ltd - Net Assets Trend (2019–2022)
This chart illustrates how Real Luck Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Real Luck Group Ltd (2019–2022)
The table below shows the annual net assets of Real Luck Group Ltd from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$5.82 Million | -58.63% |
| 2021-12-31 | CA$14.06 Million | +336.18% |
| 2020-12-31 | CA$3.22 Million | +337.52% |
| 2019-12-31 | CA$-1.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Real Luck Group 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 2388295100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$57.31 Million | 985.38% |
| Total Equity | CA$5.82 Million | 100.00% |
Real Luck Group Ltd Competitors by Market Cap
The table below lists competitors of Real Luck Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACXIOM CORP (XIM.SG)
STU:XIM
|
$239.88K |
|
Magnis Energy Technologies Limited
PINK:MNSEF
|
$239.90K |
|
Credit Enhanced Corts Trust For Aon Capital A GIC
NYSE:KTN
|
$239.92K |
|
ACEA SpA
MU:DCA
|
$240.17K |
|
DR PEPPER SNAP - Dusseldorf Stock Exchang
DU:DP5
|
$239.80K |
|
Great Elm Group Inc. 7.25% Notes due 2027
NASDAQ:GEGGL
|
$239.75K |
|
SuRo Capital Corp. 6.00% Notes due 2026
NASDAQ:SSSSL
|
$239.68K |
|
DR PEPPER SNAP
BE:DP5
|
$239.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Real Luck Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 14,060,076 to 5,816,281, a change of -8,243,795 (-58.6%).
- Net loss of 9,116,510 reduced equity.
- Other factors increased equity by 872,715.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-9.12 Million | -156.74% |
| Other Changes | CA$872.72K | +15.0% |
| Total Change | CA$- | -58.63% |
Book Value vs Market Value Analysis
This analysis compares Real Luck Group 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: 781.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$-0.03 | CA$66.00 | x |
| 2020-12-31 | CA$0.06 | CA$66.00 | x |
| 2021-12-31 | CA$0.20 | CA$66.00 | x |
| 2022-12-31 | CA$0.08 | CA$66.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Real Luck Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -156.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5698.10%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.19x
- Recent ROE (-156.74%) is below the historical average (-97.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -510410.26% | 0.00x | 0.00x | CA$-20.40 Million |
| 2020 | -170.48% | -7280.75% | 0.02x | 1.33x | CA$-5.82 Million |
| 2021 | -61.39% | -34287.10% | 0.00x | 1.08x | CA$-10.04 Million |
| 2022 | -156.74% | -5698.10% | 0.02x | 1.19x | CA$-9.70 Million |
Industry Comparison
This section compares Real Luck Group Ltd's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $-25,358,493
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Real Luck Group Ltd (LUCK) | CA$-2.54 Million | 0.00% | N/A | $239.86K |
| NorthStar Gaming Holdings Inc. (BET) | $-25.36 Million | 0.00% | 0.00x | $1.03 Million |