Jumia (JMIA) - Net Assets

Net assets on the balance sheet as of June 2024 : A$38.34 Million

According to Jumia's latest financial reports the company has A$38.34 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jumia - Net assets on balance sheet (from 2021 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.25 B	-55.01%
2021-12-31	$A$0.56 B	29.42%
2020-12-31	$A$0.43 B	34.23%
2019-12-31	$A$0.32 B	253.79%
2018-12-31	$A$92.59 M	-498.23%
2017-12-31	$-A$23.26 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	A$1.10 B	2,783.00%	🇮🇱 Israel

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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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Jumia (JMIA) - Net assets

Net assets on the balance sheet as of June 2024 : A$38.34 Million