IGEN Networks Equity 2024

IGEN Networks Aktienanalyse

What does IGEN Networks do?

IGEN Networks Corp. is a technology company based in Vancouver, Canada. It was founded in 2000 and has been involved in the development and marketing of solutions in the areas of wireless communication, mobile applications, and the Internet of Things (IoT). The history of IGEN Networks Corp began with the development of a cloud-based platform called "Rapid Protect," which allows users to track the position and status of vehicles in real time. This platform was specifically designed to meet the needs of telematics companies and fleet managers and offered numerous features to improve the efficiency and safety of vehicles. Over the years, the business model of IGEN Networks Corp has expanded to include the sale and marketing of products and services in the IoT field. The company pursues a diversified growth strategy based on four pillars: hardware sales, subscription service sales, active asset protection, and passive income generation. The various business areas of IGEN Networks Corp include: 1. Vehicle telematics: Here, the company offers both hardware and software solutions tailored to the needs of fleet managers and vehicle owners. This includes GPS trackers and diagnostic devices connected to the cloud-based "Rapid Protect" platform via mobile communications. This platform allows users to track the location of vehicles in real time and retrieve information about the condition of vehicles, such as engine performance, brakes, battery voltage, and driving behavior. 2. Security and surveillance: This area includes solutions for monitoring assets such as boats, motorcycles, and off-road vehicles. IGEN Networks Corp offers specialized GPS trackers and camera systems that allow users to track the location of assets in real time and activate automatic alarms in case of movement or unusual behavior. 3. Smart home: In this business area, IGEN Networks Corp has developed smart home technology that allows users to manage all connected devices in the house from a single location. The platform includes sensors that collect information about the environment and transmit it to a central control unit. The focus here is on security and energy efficiency. 4. Growth through acquisitions: In addition to organic growth, IGEN Networks Corporation plans strategic acquisitions to further expand its position in the IoT market. As one of the company's flagship products, Rapid Protect offers its customers numerous benefits for more effective and efficient management of vehicle inventories. From real-time positioning to driver specifications and advanced diagnostic data, Rapid Protect is an all-encompassing solution and features incredible technology that serves as the eyes and ears of fleet transportation company leaders and vehicle owners alike. Overall, IGEN Networks Corp has strong growth potential in a rapidly changing market. The company plans to expand its position in the IoT field through further product development and acquisitions to broaden its offerings. IGEN Networks ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing IGEN Networks's Equity

IGEN Networks's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding IGEN Networks's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating IGEN Networks's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

IGEN Networks's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in IGEN Networks’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about IGEN Networks Stock

What is the equity of IGEN Networks this year?

IGEN Networks has equity of -839,230 USD this year.

What was the equity of IGEN Networks compared to the previous year?

The equity of IGEN Networks has increased/decreased by 37.65% increased compared to the previous year.

What impact does a high equity have on investors of IGEN Networks?

A high equity is advantageous for investors of IGEN Networks as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of IGEN Networks?

A low equity can be a risk for investors of IGEN Networks, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of IGEN Networks affect the company?

An increase in equity of IGEN Networks can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of IGEN Networks affect the company?

A reduction in equity of IGEN Networks can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of IGEN Networks?

Some factors that can affect the equity of IGEN Networks include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of IGEN Networks so important for investors?

The equity of IGEN Networks is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can IGEN Networks take to change the equity?

To change equity, IGEN Networks can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does IGEN Networks pay?

Over the past 12 months, IGEN Networks paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, IGEN Networks is expected to pay a dividend of 0 USD.

What is the dividend yield of IGEN Networks?

The current dividend yield of IGEN Networks is .

When does IGEN Networks pay dividends?

IGEN Networks pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of IGEN Networks?

IGEN Networks paid dividends every year for the past 0 years.

What is the dividend of IGEN Networks?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is IGEN Networks located?

IGEN Networks is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von IGEN Networks kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of IGEN Networks from 6/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.

When did IGEN Networks pay the last dividend?

The last dividend was paid out on 6/21/2024.

What was the dividend of IGEN Networks in the year 2023?

In the year 2023, IGEN Networks distributed 0 USD as dividends.

In which currency does IGEN Networks pay out the dividend?

The dividends of IGEN Networks are distributed in USD.