Kidpik (PIK) - Net Assets

Net assets on the balance sheet as of September 2024 : -A$3.95 Million

According to Kidpik's latest financial reports the company has -A$3.95 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kidpik - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$12.85 M	-36.79%
2021-12-31	$A$20.34 M	777.35%
2020-12-31	$A$2.31 M	-1742.97%
2019-12-31	$-A$0.15 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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Kidpik (PIK) - Net assets