RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
IGEN Networks Stock

IGEN Networks ROCE 2024

IGEN Networks ROCE

1.16

Ticker

IGEN

ISIN

US45172B1026

WKN

A0RPZN

In 2024, IGEN Networks's return on capital employed (ROCE) was 1.16, a -78.89% increase from the 5.49 ROCE in the previous year.

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.

ROCE Details

Unraveling IGEN Networks's Return on Capital Employed (ROCE)

IGEN Networks's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing IGEN Networks's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

IGEN Networks's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in IGEN Networks’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about IGEN Networks stock

What is the ROCE (Return on Capital Employed) of IGEN Networks this year?

The ROCE of IGEN Networks is 1.16 undefined this year.

How has the ROCE (Return on Capital Employed) of IGEN Networks developed compared to the previous year?

The ROCE of IGEN Networks has increased by -78.89% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of IGEN Networks?

A high Return on Capital Employed (ROCE) indicates that IGEN Networks has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of IGEN Networks?

A low ROCE (Return on Capital Employed) can indicate that IGEN Networks has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from IGEN Networks impact the company?

An increase in the ROCE of IGEN Networks can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

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

A decrease in ROCE of IGEN Networks can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of IGEN Networks?

Some factors that can affect IGEN Networks's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of IGEN Networks is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can IGEN Networks take to improve the ROCE?

To improve the ROCE, IGEN Networks can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 9/26/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/26/2024.

When did IGEN Networks pay the last dividend?

The last dividend was paid out on 9/26/2024.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von IGEN Networks

Our stock analysis for IGEN Networks Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of IGEN Networks Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.