Direct Digital Holdings (DRCT)

Net assets on the balance sheet as of September 2024 : -A$24.08 Million

According to Direct Digital Holdings's latest financial reports the company has -A$24.08 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Direct Digital Holdings - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$6.75 M	-1406%
2021-12-31	$-A$0.52 Million	-116.79%
2020-12-31	$A$3.07 M	-269.68%
2019-12-31	$-A$1.82 Million

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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Direct Digital Holdings (DRCT) - Net assets