Mobi724 Global Solutions Inc (MOS) - Net Assets
Based on the latest financial reports, Mobi724 Global Solutions Inc (MOS) has net assets worth CA$-14.72 Million CAD (≈ $-10.64 Million USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$396.87K ≈ $287.09K USD) and total liabilities (CA$15.11 Million ≈ $10.93 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MOS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-14.72 Million |
| % of Total Assets | -3707.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | -429.59% |
| 10-Year Change | N/A |
| Growth Volatility | 2785.57 |
Mobi724 Global Solutions Inc - Net Assets Trend (2015–2022)
This chart illustrates how Mobi724 Global Solutions Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Mobi724 Global Solutions Inc for the complete picture of this company's asset base.
Annual Net Assets for Mobi724 Global Solutions Inc (2015–2022)
The table below shows the annual net assets of Mobi724 Global Solutions Inc from 2015 to 2022. For live valuation and market cap data, see Mobi724 Global Solutions Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$-12.36 Million ≈ $-8.94 Million |
-44.24% |
| 2021-12-31 | CA$-8.57 Million ≈ $-6.20 Million |
-52.79% |
| 2020-12-31 | CA$-5.61 Million ≈ $-4.06 Million |
-6852.16% |
| 2019-12-31 | CA$83.05K ≈ $60.07K |
-97.79% |
| 2018-12-31 | CA$3.75 Million ≈ $2.71 Million |
-58.83% |
| 2017-12-31 | CA$9.11 Million ≈ $6.59 Million |
+515.49% |
| 2016-12-31 | CA$1.48 Million ≈ $1.07 Million |
-0.54% |
| 2015-12-31 | CA$1.49 Million ≈ $1.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mobi724 Global Solutions 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 4181016800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$55.36 Million | % |
| Total Equity | CA$-12.36 Million | 100.00% |
Mobi724 Global Solutions Inc Competitors by Market Cap
The table below lists competitors of Mobi724 Global Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tantech Holdings Ltd
NASDAQ:TANH
|
$2.40 Million |
|
DecideAct A/S
CO:ACT
|
$2.40 Million |
|
Lithium Energi Exploration Inc
V:LEXI
|
$2.41 Million |
|
Quinsam Capital Corporation
F:0Q4
|
$2.41 Million |
|
California Software Company Limited
NSE:CALSOFT
|
$2.40 Million |
|
4GLOBAL LS-01
F:HS9
|
$2.40 Million |
|
M N C Wireless Bhd
KLSE:0103
|
$2.39 Million |
|
Osteopore Ltd
AU:OSX
|
$2.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mobi724 Global Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -8,567,499 to -12,357,791, a change of -3,790,292.
- Net loss of 5,258,596 reduced equity.
- New share issuances of 602,500 increased equity.
- Other factors increased equity by 865,804.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.26 Million | -42.55% |
| Share Issuances | CA$602.50K | +4.88% |
| Other Changes | CA$865.80K | +7.01% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Mobi724 Global Solutions 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.05 | CA$0.01 | x |
| 2018-12-31 | CA$0.02 | CA$0.01 | x |
| 2019-12-31 | CA$0.00 | CA$0.01 | x |
| 2020-12-31 | CA$-0.03 | CA$0.01 | x |
| 2021-12-31 | CA$-0.03 | CA$0.01 | x |
| 2022-12-31 | CA$-0.04 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mobi724 Global Solutions Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1355.77%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-885.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -143.44% | -488.19% | 0.06x | 4.97x | CA$-2.28 Million |
| 2016 | -333.52% | -185.16% | 0.25x | 7.09x | CA$-5.08 Million |
| 2017 | -116.35% | -371.84% | 0.21x | 1.50x | CA$-11.61 Million |
| 2018 | -176.46% | -275.68% | 0.40x | 1.61x | CA$-7.49 Million |
| 2019 | -6315.03% | -492.96% | 0.40x | 32.07x | CA$-5.25 Million |
| 2020 | 0.00% | -306.32% | 1.48x | 0.00x | CA$-2.87 Million |
| 2021 | 0.00% | -757.88% | 0.47x | 0.00x | CA$-4.10 Million |
| 2022 | 0.00% | -1355.77% | 0.38x | 0.00x | CA$-4.02 Million |
Industry Comparison
This section compares Mobi724 Global Solutions Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $232,479,440
- Average return on equity (ROE) among peers: -90.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mobi724 Global Solutions Inc (MOS) | CA$-14.72 Million | -143.44% | N/A | $2.40 Million |
| Alithya Group inc Class A (ALYA) | $199.75 Million | -7.78% | 1.24x | $89.53 Million |
| Banxa Holdings Inc (BNXA) | $1.23 Million | -337.22% | 2.31x | $50.95 Million |
| Datametrex AI Ltd (DM) | $384.50K | -21.82% | 0.14x | $6.07 Million |
| Deveron UAS Corp (FARM) | $507.76K | -102.76% | 1.09x | $6.01 Million |
| CGI Inc (GIB-A) | $1.78 Billion | 7.63% | 0.29x | $12.47 Billion |
| Kontrol Energy Corp (KNR) | $1.66 Million | -161.63% | 9.65x | $2.34 Million |
| Pivotree Inc (PVT) | $47.99 Million | -24.77% | 0.15x | $31.89 Million |
| Goldspot Discoveries Corp (SPOT) | $61.02 Million | 18.09% | 0.20x | $36.15 Million |
| Visionstate Corp (VIS) | $153.02K | -181.44% | 1.46x | $3.74 Million |
About Mobi724 Global Solutions Inc
Mobi724 Global Solutions Inc., a fintech company, offers a suite of integrated data-driven business and artificial intelligence powered card-linked offers and reward solutions in Canada and Argentina. The company was formerly known as Hybrid Paytech World Inc. and changed its name to Mobi724 Global Solutions Inc. in February 2015. Mobi724 Global Solutions Inc. was incorporated in 2005 and is head… Read more