Motorsport Gaming (MSGM)

Net assets on the balance sheet as of September 2024 : A$3.5 Million

According to Motorsport Gaming's latest financial reports the company has A$3.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Motorsport Gaming - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$2.79 M	-94.66%
2021-12-31	$A$52.39 M	2393.12%
2020-12-31	$A$2.1 M	-59.27%
2019-12-31	$A$5.15 M	-61.2%
2018-12-31	$A$13.29 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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Motorsport Gaming (MSGM) - Net assets