MiniLuxe Holding Corp (MNLX) - Net Assets

Latest as of September 2025: CA$-3.66 Million CAD ≈ $-2.65 Million USD

Based on the latest financial reports, MiniLuxe Holding Corp (MNLX) has net assets worth CA$-3.66 Million CAD (≈ $-2.65 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$13.59 Million ≈ $9.83 Million USD) and total liabilities (CA$17.25 Million ≈ $12.48 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 MNLX current and long-term liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-3.66 Million
% of Total Assets	-26.92%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	26.32

MiniLuxe Holding Corp - Net Assets Trend (2018–2024)

This chart illustrates how MiniLuxe Holding Corp's net assets have evolved over time, based on quarterly financial data. Also explore MiniLuxe Holding Corp balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for MiniLuxe Holding Corp (2018–2024)

The table below shows the annual net assets of MiniLuxe Holding Corp from 2018 to 2024. For live valuation and market cap data, see MNLX stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CA$-5.71 Million ≈ $-4.13 Million	-841.91%
2023-12-31	CA$-605.90K ≈ $-438.30K	-106.90%
2022-12-31	CA$8.78 Million ≈ $6.35 Million	-54.27%
2021-12-31	CA$19.19 Million ≈ $13.88 Million	+148.52%
2020-12-31	CA$-39.56 Million ≈ $-28.62 Million	+19.67%
2019-12-31	CA$-49.24 Million ≈ $-35.62 Million	-128.51%
2018-12-31	CA$-21.55 Million ≈ $-15.59 Million	--

Equity Component Analysis

This analysis shows how different components contribute to MiniLuxe Holding 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 10665688000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$122.49 Million	%
Total Equity	CA$-5.86 Million	100.00%

MiniLuxe Holding Corp Competitors by Market Cap

The table below lists competitors of MiniLuxe Holding Corp ranked by their market capitalization.

Company	Market Cap
Cubex Tubings Limited NSE:CUBEXTUB	$15.22 Million
Eratex Djaja Tbk JK:ERTX	$15.23 Million
Loyal Lithium Ltd. AU:LLI	$15.23 Million
Earlyworks Co., Ltd. American Depositary Shares NASDAQ:ELWS	$15.24 Million
BEYOND MED TEC. INC. NEW F:7FM	$15.19 Million
Envoy Medical Inc. NASDAQ:COCH	$15.17 Million
Conneqt Health Limited AU:CQT	$15.17 Million
Tae Won Mulsan KO:001420	$15.16 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MiniLuxe Holding Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -605,896 to -5,855,355, a change of -5,249,459.
Net loss of 8,907,058 reduced equity.
Share repurchases of 16,692 reduced equity.
New share issuances of 1,556,250 increased equity.
Other factors increased equity by 2,118,041.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-8.91 Million	-152.12%
Share Repurchases	CA$16.69K	-0.29%
Share Issuances	CA$1.56 Million	+26.58%
Other Changes	CA$2.12 Million	+36.17%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares MiniLuxe Holding 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
2018-12-31	CA$-0.15	CA$0.28	x
2019-12-31	CA$-0.34	CA$0.28	x
2020-12-31	CA$-0.27	CA$0.28	x
2021-12-31	CA$0.13	CA$0.28	x
2022-12-31	CA$0.06	CA$0.28	x
2023-12-31	CA$0.00	CA$0.28	x
2024-12-31	CA$-0.04	CA$0.28	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MiniLuxe Holding 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: -34.10%
• Asset Turnover: 1.74x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-59.52%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2018	0.00%	-33.39%	0.74x	0.00x	CA$-4.86 Million
2019	0.00%	-125.04%	0.88x	0.00x	CA$-22.99 Million
2020	0.00%	56.28%	0.53x	0.00x	CA$9.93 Million
2021	-283.60%	-326.31%	0.50x	1.75x	CA$-56.35 Million
2022	-133.05%	-54.39%	0.90x	2.71x	CA$-12.55 Million
2023	0.00%	-39.48%	1.45x	0.00x	CA$-9.63 Million
2024	0.00%	-34.10%	1.74x	0.00x	CA$-8.32 Million

Industry Comparison

This section compares MiniLuxe Holding Corp's net assets metrics with peer companies in the Personal Services industry.

Industry Context

Industry: Personal Services
Average net assets among peers: $-27,267,000
Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MiniLuxe Holding Corp (MNLX)	CA$-3.66 Million	0.00%	N/A	$15.20 Million
Goodfood Market Corp (FOOD)	$-27.27 Million	0.00%	0.00x	$14.30 Million

About MiniLuxe Holding Corp

V:MNLX Canada Personal Services

Market Cap

$15.20 Million

CA$21.01 Million CAD

Market Cap Rank

#25803 Global

#1043 in Canada

Share Price

CA$0.28

Change (1 day)

+0.00%

52-Week Range

CA$0.27 - CA$0.60

All Time High

CA$1.55