FansUnite Entertainment Inc
FansUnite Entertainment Inc. operates as a sports and entertainment company in Canada. It focuses on services related to regulated and lawful online sports betting, casino, and other related products. The company was founded in 2018 and is headquartered in Vancouver, Canada.
FansUnite Entertainment Inc (FUNFF) - Total Assets
Latest total assets as of September 2025: $5.40 Million USD
Based on the latest financial reports, FansUnite Entertainment Inc (FUNFF) holds total assets worth $5.40 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.
FansUnite Entertainment Inc - Total Assets Trend (2017–2024)
This chart illustrates how FansUnite Entertainment Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FansUnite Entertainment Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
FansUnite Entertainment Inc's total assets of $5.40 Million consist of 35.6% current assets and 64.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.6% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how FansUnite Entertainment Inc'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: FansUnite Entertainment Inc's current assets represent 35.6% of total assets in 2024, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 28.6% of total assets in 2024, down from 43.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
FansUnite Entertainment Inc Competitors by Total Assets
Key competitors of FansUnite Entertainment Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RGB International Bhd
KLSE:0037
|
Malaysia | RM624.78 Million |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
Germany | €359.28 Billion |
|
Olympia Industries Bhd
KLSE:3018
|
Malaysia | RM547.13 Million |
|
Magnum Bhd
KLSE:3859
|
Malaysia | RM3.56 Billion |
|
bet-at-home.com AG
F:ACX
|
Germany | €52.41 Million |
|
Tiga Gaming Inc.
TWO:6536
|
Taiwan | NT$153.65 Million |
|
Apple iSports Group Inc
OTCQB:AAPI
|
USA | $360.30K |
|
Accel Entertainment Inc
NYSE:ACEL
|
USA | $1.13 Billion |
FansUnite Entertainment Inc - 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
Moderate asset utilization - FansUnite Entertainment Inc generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - FansUnite Entertainment Inc is currently not profitable relative to its asset base.
FansUnite Entertainment Inc - 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 | 8.18 | 1.84 | 3.24 |
| Quick Ratio | 8.18 | 1.84 | 3.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.24 Million | $ 1.32 Million | $ 4.03 Million |
FansUnite Entertainment Inc - Advanced Valuation Insights
This section examines the relationship between FansUnite Entertainment Inc'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 | 0.09 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -89.2% |
| Total Assets | $6.19 Million |
| Market Capitalization | $87.31K USD |
Valuation Analysis
Below Book Valuation: The market values FansUnite Entertainment Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: FansUnite Entertainment Inc's assets decreased by 89.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for FansUnite Entertainment Inc (2017–2024)
The table below shows the annual total assets of FansUnite Entertainment Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.19 Million | -89.22% |
| 2023-12-31 | $57.42 Million | -25.86% |
| 2022-12-31 | $77.45 Million | -56.47% |
| 2021-12-31 | $177.94 Million | +604.57% |
| 2020-12-31 | $25.26 Million | +1720.83% |
| 2019-12-31 | $1.39 Million | -61.73% |
| 2018-12-31 | $3.62 Million | +21609.88% |
| 2017-12-31 | $16.70K | -- |