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Katipult Technology (Katipult Technology) ROE % : 0.00% (As of Sep. 2023)


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What is Katipult Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Katipult Technology's annualized net income for the quarter that ended in Sep. 2023 was $-0.58 Mil. Katipult Technology's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $-3.57 Mil. Therefore, Katipult Technology's annualized ROE % for the quarter that ended in Sep. 2023 was N/A%.

The historical rank and industry rank for Katipult Technology's ROE % or its related term are showing as below:

During the past 7 years, Katipult Technology's highest ROE % was 42.42%. The lowest was -427.38%. And the median was -192.48%.

KTPPF's ROE % is not ranked *
in the Software industry.
Industry Median: 3.225
* Ranked among companies with meaningful ROE % only.

Katipult Technology ROE % Historical Data

The historical data trend for Katipult Technology's ROE % 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.

* Premium members only.

Katipult Technology ROE % Chart

Katipult Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
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Katipult Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Katipult Technology's ROE %

For the Software - Application subindustry, Katipult Technology's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Katipult Technology's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Katipult Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Katipult Technology's ROE % falls into.



Katipult Technology ROE % Calculation

Katipult Technology's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-1.184/( (-1.463+-2.534)/ 2 )
=-1.184/-1.9985
=N/A %

Katipult Technology's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-0.576/( (-3.531+-3.601)/ 2 )
=-0.576/-3.566
=N/A %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Katipult Technology  (OTCPK:KTPPF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-0.576/-3.566
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.576 / 2.132)*(2.132 / 1.0985)*(1.0985 / -3.566)
=Net Margin %*Asset Turnover*Equity Multiplier
=-27.02 %*1.9408*N/A
=ROA %*Equity Multiplier
=-52.44 %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-0.576/-3.566
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.576 / -0.576) * (-0.576 / -0.532) * (-0.532 / 2.132) * (2.132 / 1.0985) * (1.0985 / -3.566)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0827 * -24.95 % * 1.9408 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Katipult Technology ROE % Related Terms

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Katipult Technology (Katipult Technology) Business Description

Traded in Other Exchanges
Address
144 - 4th Ave SW, Suite 1600, Calgary, AB, CAN, T2P 3N4
Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.

Katipult Technology (Katipult Technology) Headlines

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