Draganfly (DPRO) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$2.95 Million

According to Draganfly's latest financial reports the company has -A$2.95 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$11.95 M	-68.37%
2021-12-31	$A$37.8 M	863.09%
2020-12-31	$A$3.92 M	63.78%
2019-12-31	$A$2.39 M	-155.65%
2018-12-31	$-A$4.31 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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Draganfly (DPRO) - Net assets