Grindr (GRND) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$62.62 M

According to Grindr's latest financial reports the company has -A$62.62 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$26.85 M	-550.9%
2022-12-31	$A$5.95 M	-98.36%
2021-12-31	$A$0.36 B	8.86%
2020-12-31	$A$0.33 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Match Group MTCH	-A$0.2 B	211.68%	🇺🇸 USA
Bumble BMBL	A$3.44 B	-5,604.72%	🇺🇸 USA

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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Grindr (GRND) - Net assets

Net assets on the balance sheet as of June 2024 : -A$62.62 M