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Perk Labs (Perk Labs) Return-on-Tangible-Equity : 0.00% (As of Aug. 2023)


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What is Perk Labs Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Perk Labs's annualized net income for the quarter that ended in Aug. 2023 was $-1.76 Mil. Perk Labs's average shareholder tangible equity for the quarter that ended in Aug. 2023 was $-1.51 Mil. Therefore, Perk Labs's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 was N/A%.

The historical rank and industry rank for Perk Labs's Return-on-Tangible-Equity or its related term are showing as below:

PKLBF's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.965
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Perk Labs Return-on-Tangible-Equity Historical Data

The historical data trend for Perk Labs's Return-on-Tangible-Equity 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.

Perk Labs Return-on-Tangible-Equity Chart

Perk Labs Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Return-on-Tangible-Equity
Get a 7-Day Free Trial -110.96 -99.77 -167.36 -79.45 -214.71

Perk Labs Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
Return-on-Tangible-Equity 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 -356.36 -487.98 -1,189.47 - -

Competitive Comparison of Perk Labs's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Perk Labs's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Perk Labs's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Perk Labs's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Perk Labs's Return-on-Tangible-Equity falls into.



Perk Labs Return-on-Tangible-Equity Calculation

Perk Labs's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=-2.51/( (2.169+0.169 )/ 2 )
=-2.51/1.169
=-214.71 %

Perk Labs's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2023 )  (Q: May. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: May. 2023 )(Q: Aug. 2023 )
=-1.756/( (-1.313+-1.703)/ 2 )
=-1.756/-1.508
=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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Aug. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Perk Labs  (OTCPK:PKLBF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Perk Labs Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Perk Labs's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Perk Labs (Perk Labs) Business Description

Industry
Traded in Other Exchanges
Address
555 Burrard Street, Suite 1755, Two Bentall Centre - Box 240, Vancouver, BC, CAN, V7X 1M9
Perk Labs Inc is engaged in operating an online ordering, payments and loyalty platform. The company mainly offers merchants three products: online ordering, digital dine-in and custom branded apps and distributes its products through a digital franchise business model. The Company launched its Glance Pay application in 2016 and officially launched Perk Hero on April 2020. Perk Hero is a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience. The streams of revenue of the company are Licensing revenue, Transaction revenue, Product revenue Subscription revenue and Custom-branded app revenue.

Perk Labs (Perk Labs) Headlines