Plantify Foods Inc.
Plantify Foods, Inc. engages in the development, production, and sale of plant-based food products in Israel, Europe, and the United States. It offers dips, spreads, and salads; stews; veggie nuggets and balls; and soups, as well as white label products. The company was founded in 2017 and is headquartered in Vancouver, Canada.
Plantify Foods Inc. (PTFY) - Net Assets
Latest net assets as of September 2025: CA$-2.09 Million CAD
Based on the latest financial reports, Plantify Foods Inc. (PTFY) has net assets worth CA$-2.09 Million CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$36.00K) and total liabilities (CA$2.13 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-2.09 Million |
| % of Total Assets | -5811.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Plantify Foods Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Plantify Foods Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Plantify Foods Inc. (2020–2024)
The table below shows the annual net assets of Plantify Foods Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$-1.75 Million | -156.83% |
| 2023-12-31 | CA$-681.00K | +21.27% |
| 2022-12-31 | CA$-865.00K | -66.35% |
| 2021-12-31 | CA$-520.00K | -4.42% |
| 2020-12-31 | CA$-498.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plantify Foods 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 1168600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$10.61 Million | % |
| Total Equity | CA$-1.75 Million | 100.00% |
Plantify Foods Inc. Competitors by Market Cap
The table below lists competitors of Plantify Foods Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intercont (Cayman) Limited Ordinary shares
NASDAQ:NCT
|
$563.48K |
|
Texton Property Fund Ltd
JSE:TEX
|
$563.99K |
|
FINNING INTL (CIH.SG)
STU:CIH
|
$564.03K |
|
Cheer Holding Inc.
NASDAQ:CHR
|
$564.13K |
|
VR Resources Ltd
OTCQB:VRRCF
|
$563.21K |
|
OSCAR PROP H.(POST SPLIT)
F:7O41
|
$563.20K |
|
Multi Retail Group Ltd
TA:MRG
|
$562.89K |
|
Thor Mining PLC
PINK:THORF
|
$562.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plantify Foods Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -681,000 to -1,749,000, a change of -1,068,000.
- Net loss of 3,495,000 reduced equity.
- New share issuances of 647,000 increased equity.
- Other factors increased equity by 1,780,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.50 Million | -199.83% |
| Share Issuances | CA$647.00K | +36.99% |
| Other Changes | CA$1.78 Million | +101.77% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Plantify Foods 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 |
|---|---|---|---|
| 2020-12-31 | CA$-0.43 | CA$0.10 | x |
| 2021-12-31 | CA$0.00 | CA$0.10 | x |
| 2022-12-31 | CA$0.00 | CA$0.10 | x |
| 2023-12-31 | CA$0.00 | CA$0.10 | x |
| 2024-12-31 | CA$-0.11 | CA$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plantify Foods Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -990.08%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -100.84% | 0.71x | 0.00x | CA$-309.20K |
| 2021 | 0.00% | -231.78% | 0.59x | 0.00x | CA$-1.04 Million |
| 2022 | 0.00% | -1248.66% | 0.20x | 0.00x | CA$-4.58 Million |
| 2023 | 0.00% | -401.82% | 0.25x | 0.00x | CA$-2.36 Million |
| 2024 | 0.00% | -990.08% | 0.49x | 0.00x | CA$-3.32 Million |
Industry Comparison
This section compares Plantify Foods Inc.'s net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $189,961,616
- Average return on equity (ROE) among peers: 33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Plantify Foods Inc. (PTFY) | CA$-2.09 Million | 0.00% | N/A | $563.41K |
| Canada Packers Inc. (CPKR) | $563.07 Million | 19.23% | 0.39x | $140.66K |
| Hempco Food and Fiber Inc (HEMP) | $358.30K | 111.80% | 3.19x | $942.89K |
| Imperial Ginseng Products Ltd (IGP) | $6.46 Million | -29.74% | 1.12x | $233.31K |