Laser Photonics (LASE)

Net assets on the balance sheet as of September 2024 : A$15.5 Million

According to Laser Photonics's latest financial reports the company has A$15.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Laser Photonics - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$25.7 M	235.1%
2021-12-31	$A$7.67 M	11.56%
2020-12-31	$A$6.87 M	882.64%
2019-12-31	$A$0.69 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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Laser Photonics (LASE) - Net assets