Bytes Technology (BYIT.L)

Net assets on the balance sheet as of February 2024 : A$0.15 Billion

According to Bytes Technology's latest financial reports the company has A$0.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bytes Technology - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-02-28	$A$0.11 B	24.27%
2022-02-28	$A$88.51 M	192.45%
2021-02-28	$A$30.26 M
2020-02-29	$A$70.92 M
2019-02-28	$A$78.53 M	30.9%
2018-02-28	$A$59.99 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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Bytes Technology (BYIT.L) - Net assets