AdRabbit Limited
AdRabbit Limited, together with its subsidiaries, operates as a software company in Israel, the United States, and internationally. It develops online and mobile based software products for small to medium businesses to create and manage their own business applications and digital marketing campaigns as a means of connecting with their customers. The company was formerly known as AppsVillage Aust… Read more
AdRabbit Limited (RABI) - Net Assets
Latest net assets as of September 2023: CA$-944.00K CAD
Based on the latest financial reports, AdRabbit Limited (RABI) has net assets worth CA$-944.00K 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$106.64K) and total liabilities (CA$1.05 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-944.00K |
| % of Total Assets | -885.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 615.1 |
AdRabbit Limited - Net Assets Trend (2019–2022)
This chart illustrates how AdRabbit Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AdRabbit Limited (2019–2022)
The table below shows the annual net assets of AdRabbit Limited from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | CA$-797.75K | +59.99% |
| 2021-12-31 | CA$-1.99 Million | -1320.37% |
| 2020-12-31 | CA$163.37K | -90.17% |
| 2019-12-31 | CA$1.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AdRabbit Limited'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 852584300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.99 Million | % |
| Total Equity | CA$-797.75K | 100.00% |
AdRabbit Limited Competitors by Market Cap
The table below lists competitors of AdRabbit Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Awareness Group
NASDAQ:TAAG
|
$537.36K |
|
Binggrae Co. Ltd.
KQ:005180
|
$537.57K |
|
STERICYCLE (SY9.SG)
STU:SY9
|
$537.74K |
|
U.C.A. AG O.N.
F:UCA1
|
$537.99K |
|
FIRST SENSOR (SIS.SG)
STU:SIS
|
$537.12K |
|
PAN AMER SILVER
MU:PA2
|
$537.11K |
|
Atlantic Grupa d.d.
ZSE:ATGR
|
$537.01K |
|
HAEMONETICS
MU:HAZ
|
$536.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AdRabbit Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -1,993,677 to -797,752, a change of 1,195,925.
- Net loss of 2,261,367 reduced equity.
- Other factors increased equity by 3,457,292.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.26 Million | -283.47% |
| Other Changes | CA$3.46 Million | +433.38% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares AdRabbit Limited'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 |
|---|---|---|---|
| 2019-12-31 | CA$0.02 | CA$0.01 | x |
| 2020-12-31 | CA$0.00 | CA$0.01 | x |
| 2021-12-31 | CA$-0.02 | CA$0.01 | x |
| 2022-12-31 | CA$0.00 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AdRabbit Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1242.65%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-588.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -293.56% | -798.38% | 0.22x | 1.71x | CA$-5.04 Million |
| 2020 | -2059.96% | -338.96% | 0.95x | 6.37x | CA$-3.38 Million |
| 2021 | 0.00% | -710.27% | 1.55x | 0.00x | CA$-2.69 Million |
| 2022 | 0.00% | -1242.65% | 1.49x | 0.00x | CA$-2.18 Million |
Industry Comparison
This section compares AdRabbit Limited's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $699,222
- Average return on equity (ROE) among peers: -110.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AdRabbit Limited (RABI) | CA$-944.00K | -293.56% | N/A | $537.27K |
| Steer Technologies Inc. (ARGH) | $10.11 Million | -289.81% | 1.92x | $39.23 Million |
| Agereh Technologies Inc (AUTO) | $-7.80 Million | 0.00% | 0.00x | $4.54 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 |