Riwi Corp (RIWI) - Net Assets
Based on the latest financial reports, Riwi Corp (RIWI) has net assets worth CA$1.39 Million CAD (≈ $1.00 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$4.44 Million ≈ $3.21 Million USD) and total liabilities (CA$3.05 Million ≈ $2.21 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 financial resilience of Riwi Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.39 Million |
| % of Total Assets | 31.22% |
| Annual Growth Rate | 22.53% |
| 5-Year Change | -58.44% |
| 10-Year Change | N/A |
| Growth Volatility | 80.03 |
Riwi Corp - Net Assets Trend (2016–2024)
This chart illustrates how Riwi Corp's net assets have evolved over time, based on quarterly financial data. Also explore RIWI total assets for the complete picture of this company's asset base.
Annual Net Assets for Riwi Corp (2016–2024)
The table below shows the annual net assets of Riwi Corp from 2016 to 2024. For live valuation and market cap data, see market cap of Riwi Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.04 Million ≈ $1.48 Million |
-24.14% |
| 2023-12-31 | CA$2.69 Million ≈ $1.95 Million |
-14.55% |
| 2022-12-31 | CA$3.15 Million ≈ $2.28 Million |
-31.26% |
| 2021-12-31 | CA$4.58 Million ≈ $3.31 Million |
-6.73% |
| 2020-12-31 | CA$4.91 Million ≈ $3.55 Million |
+20.62% |
| 2019-12-31 | CA$4.07 Million ≈ $2.94 Million |
+66.16% |
| 2018-12-31 | CA$2.45 Million ≈ $1.77 Million |
+88.94% |
| 2017-12-31 | CA$1.30 Million ≈ $938.04K |
+222.83% |
| 2016-12-31 | CA$401.68K ≈ $290.57K |
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Equity Component Analysis
This analysis shows how different components contribute to Riwi 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 141894900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$7.93 Million | 388.68% |
| Total Equity | CA$2.04 Million | 100.00% |
Riwi Corp Competitors by Market Cap
The table below lists competitors of Riwi Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NewRiver REIT plc
LSE:NRR
|
$4.00 Million |
|
Banzai International Inc
NASDAQ:BNZI
|
$4.00 Million |
|
CC Japan Income and Growth Trust PLC
LSE:CCJI
|
$4.00 Million |
|
Blaize Holdings, Inc. Warrants
NASDAQ:BZAIW
|
$4.00 Million |
|
Luceco plc
LSE:LUCE
|
$3.99 Million |
|
Avacta Group PLC
LSE:AVCT
|
$3.99 Million |
|
Seya Industries Limited
NSE:SEYAIND
|
$3.99 Million |
|
Applied DNA Sciences Inc
NASDAQ:APDN
|
$3.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Riwi Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,690,047 to 2,040,561, a change of -649,486 (-24.1%).
- Net loss of 806,574 reduced equity.
- Other factors increased equity by 157,088.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-806.57K | -39.53% |
| Other Changes | CA$157.09K | +7.7% |
| Total Change | CA$- | -24.14% |
Book Value vs Market Value Analysis
This analysis compares Riwi 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: 2.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.99x to 2.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.08 | CA$0.30 | x |
| 2018-12-31 | CA$0.14 | CA$0.30 | x |
| 2019-12-31 | CA$0.23 | CA$0.30 | x |
| 2020-12-31 | CA$0.27 | CA$0.30 | x |
| 2021-12-31 | CA$0.25 | CA$0.30 | x |
| 2022-12-31 | CA$0.17 | CA$0.30 | x |
| 2023-12-31 | CA$0.15 | CA$0.30 | x |
| 2024-12-31 | CA$0.11 | CA$0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Riwi Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -39.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.70%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 3.10x
- Recent ROE (-39.53%) is above the historical average (-52.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -328.64% | -219.46% | 0.93x | 1.60x | CA$-1.36 Million |
| 2017 | -57.41% | -55.44% | 0.74x | 1.39x | CA$-874.17K |
| 2018 | 17.00% | 15.61% | 1.01x | 1.08x | CA$171.53K |
| 2019 | 22.35% | 29.25% | 0.70x | 1.09x | CA$502.72K |
| 2020 | 13.37% | 14.33% | 0.84x | 1.12x | CA$165.50K |
| 2021 | -11.80% | -13.07% | 0.82x | 1.10x | CA$-998.56K |
| 2022 | -53.72% | -60.67% | 0.72x | 1.22x | CA$-2.01 Million |
| 2023 | -30.24% | -19.44% | 1.03x | 1.51x | CA$-1.08 Million |
| 2024 | -39.53% | -15.70% | 0.81x | 3.10x | CA$-1.01 Million |
Industry Comparison
This section compares Riwi Corp's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $26,501,998
- Average return on equity (ROE) among peers: 17.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Riwi Corp (RIWI) | CA$1.39 Million | -328.64% | 2.20x | $3.99 Million |
| Abaxx Technologies Inc (ABXX) | $-1.66 Million | 0.00% | 0.00x | $1.39 Billion |
| Adcore Inc (ADCO) | $9.73 Million | -22.96% | 0.49x | $10.05 Million |
| AnalytixInsight Inc (ALY) | $-2.59 Million | 0.00% | 0.00x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $-5.56 Million | 0.00% | 0.00x | $4.14 Million |
| Acceleware Ltd (AXE) | $1.09 Million | -101.21% | 0.71x | $11.79 Million |
| BLUERUSH Media Group Corp (BTV) | $2.19 Million | -8.31% | 1.01x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-3.36 Million | 0.00% | 0.00x | $2.80 Million |
| Computer Modelling Group Ltd. (CMG) | $4.89 Million | 29.94% | 0.90x | $231.91 Million |
| Constellation Software Inc. (CSU) | $259.83 Million | 39.68% | 4.52x | $37.43 Billion |
| NamSys Inc (CTZ) | $460.17K | 237.20% | 1.24x | $24.35 Million |
About Riwi Corp
RIWI Corp. operates as a trend-tracking and prediction technology firm in the United States, Europe, Canada, and internationally. Its patented cloud-based software solution provides a digital intelligence platform to clients seeking real-time consumer and citizen sentiment data. The company offers subscription products, such as RIWI compass to gauge the extent of political, macroeconomic, and geo… Read more