M2i Formation (ALMII.PA)

Net assets on the balance sheet as of December 2023 : A$39.1 M

According to M2i Formation's latest financial reports the company has A$39.1 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

M2i Formation - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$38.26 M	13.91%
2022-12-31	$A$33.59 M	10.94%
2021-12-31	$A$30.28 M	6.77%
2020-12-31	$A$28.36 M	0.34%
2019-12-31	$A$28.26 M	1.6%
2018-12-31	$A$27.81 M	31.65%
2017-12-31	$A$21.13 M	149.67%
2016-12-31	$A$8.46 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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M2i Formation (ALMII.PA) - Net assets