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BM Technologies (BM Technologies) Scaled Net Operating Assets : 0.30 (As of Mar. 2024)


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What is BM Technologies Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BM Technologies's operating assets for the quarter that ended in Mar. 2024 was $36.35 Mil. BM Technologies's operating liabilities for the quarter that ended in Mar. 2024 was $20.09 Mil. BM Technologies's Total Assets for the quarter that ended in Dec. 2023 was $54.64 Mil. Therefore, BM Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.30.


BM Technologies Scaled Net Operating Assets Historical Data

The historical data trend for BM Technologies's Scaled Net Operating 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.

* Premium members only.

BM Technologies Scaled Net Operating Assets Chart

BM Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.91 0.25 0.19 0.36 0.24

BM Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating 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 0.44 0.41 0.43 0.33 0.30

Competitive Comparison of BM Technologies's Scaled Net Operating Assets

For the Software - Application subindustry, BM Technologies's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


BM Technologies's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, BM Technologies's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where BM Technologies's Scaled Net Operating Assets falls into.



BM Technologies Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BM Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(40.352-23.668)/71.036
=0.23

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54.64 - 14.288
=40.352

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.668 - 0 - 0
=23.668

BM Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(36.347-20.093)/54.64
=0.30

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50.977 - 14.63
=36.347

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.093 - 0 - 0
=20.093

* 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.


BM Technologies Scaled Net Operating Assets Related Terms

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BM Technologies (BM Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
201 King of Prussia Road, Suite 350, Wayne, PA, USA, 19087
BM Technologies Inc provides digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. It facilitates deposits and banking services between a customer and its Partner Bank, Customers Bank, which is a related party and is a Federal Deposit Insurance Corporation (FDIC) insured bank. Tje company has four primary revenue sources: interchange and card revenue, servicing fees, account fees, and university fees. The majority of revenues are driven by customer activity (deposits, spend, transactions, etc.) and may be paid or passed through by Customers Bank, universities, or paid directly by customers.
Executives
Michael Richard Pavone director 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Rajinder Singh director C/O BM TECHNOLOGIES, INC., 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Warren Taylor officer: Executive Vice President 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
John J Dolan director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
James Francis Dullinger officer: Chief Accounting Officer C/O IOTA COMMUNICATIONS, INC., 645 HAMILTON STREET, SUITE 400, ALLENTOWN PA 18101
James M. Donahue officer: Chief Technology Officer 201 KING OF PRUSSIA ROAD, SUITE 350, C/O BM TECHNOLOGIES, INC., WAYNE PA 19087
Aaron Hodari director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Andrew J. Dunklau officer: President and Secretary 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Schechter Private Capital, Llc 10 percent owner 251 PIERCE STREET, BIRMINGHAM MI 48009
Pankaj Dinodia director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert H Ramsey officer: Chief Financial Officer 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Marcy Schwab director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Brent Hurley director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert Diegel officer: Chief Operating Officer 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Mike Gill director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087