Earlyworks (ELWS) - Net Assets

Net assets on the balance sheet as of April 2024 : A$3.2 Million

According to Earlyworks's latest financial reports the company has A$3.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Earlyworks - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-04-30	$A$2.31 M	-64.02%
2022-04-30	$A$6.43 M	68.55%
2021-04-30	$A$3.81 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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Earlyworks (ELWS) - Net assets