Arqit Quantum (ARQQ)

Net assets on the balance sheet as of September 2024 : A$18.69 Million

According to Arqit Quantum's latest financial reports the company has A$18.69 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arqit Quantum - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$A$0.10 B	-14.03%
2022-09-30	$A$0.12 B	-355.9%
2021-09-30	$-A$47.14 Million	-3716.48%
2020-09-30	$A$1.3 M	-33.4%
2019-09-30	$A$1.95 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Arqit Quantum (ARQQ) - Net assets