Fast Finance Pay Corp.
Fast Finance Pay Corp. operates as a fintech company. The company offers ff24payments.com, a flexible payment processing platform for online retailers. It also provides ff24pay.com, an application that provides comprehensive banking and instant transfer services for various currencies to individuals and companies. The company's banking services include IBAN accounts, debit card, multi-currency pr… Read more
Fast Finance Pay Corp. (FFPP) - Total Assets
Latest total assets as of September 2025: $19.18 Million USD
Based on the latest financial reports, Fast Finance Pay Corp. (FFPP) holds total assets worth $19.18 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Fast Finance Pay Corp. - Total Assets Trend (2020–2024)
This chart illustrates how Fast Finance Pay Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fast Finance Pay Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Fast Finance Pay Corp.'s total assets of $19.18 Million consist of 24.8% current assets and 75.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $2.17 Million | 17.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.80 Million | 30.5% |
| Goodwill | $3.96 Million | 31.9% |
Asset Composition Trend (2020–2024)
This chart illustrates how Fast Finance Pay Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fast Finance Pay Corp.'s current assets represent 24.8% of total assets in 2024, a decrease from 46.7% in 2020.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 6.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 61.0% of total assets, an increase from 44.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 31.9% of total assets.
Fast Finance Pay Corp. Competitors by Total Assets
Key competitors of Fast Finance Pay Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Fast Finance Pay Corp. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Fast Finance Pay Corp. generates 0.84x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Fast Finance Pay Corp. generates $ 4.57 in net profit.
Fast Finance Pay Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.21 | 2.22 | 0.37 |
| Quick Ratio | 2.21 | 2.22 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.71 Million | $ 1.22 Million | $ -3.66 Million |
Fast Finance Pay Corp. - Advanced Valuation Insights
This section examines the relationship between Fast Finance Pay Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | $12.44 Million |
| Market Capitalization | $2.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fast Finance Pay Corp.'s assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fast Finance Pay Corp.'s assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fast Finance Pay Corp. (2020–2024)
The table below shows the annual total assets of Fast Finance Pay Corp. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $12.44 Million | +9.47% |
| 2023-12-31 | $11.36 Million | +22.86% |
| 2022-12-31 | $9.25 Million | +460.97% |
| 2021-12-31 | $1.65 Million | +228.54% |
| 2020-12-31 | $501.87K | -- |