Pluribus Technologies Corp
Pluribus Technologies Corp. is a principal investment firm. The firm seeks to invest in B2B and software companies. The firm seeks to focus on companies with less than C$10 million ($7.31 million) in revenue that have 20-30% normalized EBITDA. Pluribus Technologies Corp. founded in 2018 and based in Toronto, Canada with additional offices in Raleigh, North Carolina, Utah, United States, Californi… Read more
Pluribus Technologies Corp (PLRB) - Net Assets
Latest net assets as of September 2024: CA$15.09 Million CAD
Based on the latest financial reports, Pluribus Technologies Corp (PLRB) has net assets worth CA$15.09 Million CAD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$54.13 Million) and total liabilities (CA$39.04 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$15.09 Million |
| % of Total Assets | 27.88% |
| Annual Growth Rate | 720.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5088.1 |
Pluribus Technologies Corp - Net Assets Trend (2021–2023)
This chart illustrates how Pluribus Technologies Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pluribus Technologies Corp (2021–2023)
The table below shows the annual net assets of Pluribus Technologies Corp from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$29.91 Million | -34.49% |
| 2022-12-31 | CA$45.66 Million | +10141.71% |
| 2021-12-31 | CA$445.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pluribus 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 2446900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$80.11 Million | 267.79% |
| Total Equity | CA$29.91 Million | 100.00% |
Pluribus Technologies Corp Competitors by Market Cap
The table below lists competitors of Pluribus Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Österreichische Post AG
BE:O3P
|
$292.59K |
|
TAKEDA PHARMA - Dusseldorf Stock Exchang
DU:TKD
|
$292.75K |
|
NKSJ HOLDINGS
MU:ANK
|
$292.88K |
|
Randall & Quilter Investment Holdings Ltd
PINK:RQIHF
|
$292.92K |
|
VOLVO -B-
MU:VOL1
|
$292.48K |
|
HUHTAMAKI (HUKI.SG)
STU:HUKI
|
$292.36K |
|
MOTOR OIL (HELLAS)
BE:MHZ
|
$292.13K |
|
Seplat Petroleum Development Company PLC
LSE:SEPL
|
$291.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pluribus Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 45,664,000 to 29,914,000, a change of -15,750,000 (-34.5%).
- Net loss of 15,662,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-15.66 Million | -52.36% |
| Other Changes | CA$-88.00K | -0.29% |
| Total Change | CA$- | -34.49% |
Book Value vs Market Value Analysis
This analysis compares Pluribus 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
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.04x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CA$0.03 | CA$0.03 | x |
| 2022-12-31 | CA$2.86 | CA$0.03 | x |
| 2023-12-31 | CA$1.89 | CA$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pluribus Technologies Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -52.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.58%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.44x
- Recent ROE (-52.36%) is above the historical average (-1593.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -4708.17% | -113.12% | 39.05x | 1.07x | CA$-21.04 Million |
| 2022 | -19.29% | -23.10% | 0.40x | 2.10x | CA$-13.37 Million |
| 2023 | -52.36% | -42.58% | 0.50x | 2.44x | CA$-18.65 Million |
Industry Comparison
This section compares Pluribus Technologies Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $699,222
- Average return on equity (ROE) among peers: -110.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pluribus Technologies Corp (PLRB) | CA$15.09 Million | -4708.17% | 2.59x | $292.51K |
| Steer Technologies Inc. (ARGH) | $10.11 Million | -289.81% | 1.92x | $38.70 Million |
| Agereh Technologies Inc (AUTO) | $-7.80 Million | 0.00% | 0.00x | $5.11 Million |
| BLUERUSH Media Group Corp (BTV) | $2.38 Million | 21.27% | 0.82x | $103.25K |
| Geekco Technologies Corp (GKO) | $5.18 Million | 4.83% | 0.35x | $2.27 Million |
| Identillect Technologies Corp (ID) | $-1.48 Million | 0.00% | 0.00x | $819.87K |
| In-Touch Survey Systems Ltd. (INX) | $4.53 Million | -0.15% | 0.57x | $3.40 Million |
| iSign Media Solutions Inc (ISD) | $-4.50 Million | 0.00% | 0.00x | $1.62 Million |
| Jasper Commerce Inc. (JPIM) | $-2.97 Million | 0.00% | 0.00x | $127.85K |
| Mobio Technologies Inc (MBO) | $609.34K | -841.08% | 1.65x | $7.20 Million |
| MCX Technologies Corp (MCX) | $941.52K | -4.73% | 0.19x | $355.55K |