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Ameritrust Financial Technologies (TSXV:AMT) Intangible Assets : C$0.00 Mil (As of Mar. 2025)


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What is Ameritrust Financial Technologies Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Ameritrust Financial Technologies's intangible assets for the quarter that ended in Mar. 2025 was C$0.00 Mil.


Ameritrust Financial Technologies Intangible Assets Historical Data

The historical data trend for Ameritrust Financial Technologies's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ameritrust Financial Technologies Intangible Assets Chart

Ameritrust Financial Technologies Annual Data
Trend Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.51 7.44 - - -

Ameritrust Financial Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ameritrust Financial Technologies Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Ameritrust Financial Technologies  (TSXV:AMT) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Ameritrust Financial Technologies Intangible Assets Related Terms

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Ameritrust Financial Technologies Business Description

Traded in Other Exchanges
Address
1100 Burloak Drive, Suite 300, Burlington, ON, CAN, L7L 6B2
Ameritrust Financial Technologies Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance, and lease new and used vehicles, which includes real-time appraisal services, market information, and financing solutions.
Executives
Euwye Chan Senior Officer
Jamie Andrew Chown Senior Officer
Bruce Ira Polkes Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Kelly David Michael Jennings Director, Senior Officer
Jon Noll Lamb Senior Officer
Ivan Buzbuzian Director
Newbridge Capital 10% Security Holder
Andrea Lyon Parliament-o'flaherty Director
Derek Wasson 10% Security Holder, Director, Senior Officer