Meta Materials (MMAT)

Net assets on the balance sheet as of March 2024 : A$28.36 Million

According to Meta Materials's latest financial reports the company has A$28.36 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.55 B	20.49%
2021-12-31	$A$0.46 B	-4089.91%
2020-12-31	$-A$11.58 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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Meta Materials (MMAT) - Net assets