M2i Formation (ALMII.PA)

Net assets on the balance sheet as of December 2023 : A$40.94 Million

According to M2i Formation's latest financial reports the company has A$40.94 Million 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	11.12%
2021-12-31	$A$30.23 M	5.71%
2020-12-31	$A$28.59 M	1%
2019-12-31	$A$28.31 M	1.88%
2018-12-31	$A$27.79 M	31.52%
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