NaaS Technology (NAAS)

Net assets on the balance sheet as of June 2024 : -A$50.06 M

According to NaaS Technology's latest financial reports the company has -A$50.06 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NaaS Technology - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$93.5 M	1371.69%
2021-12-31	$A$6.35 M	227.05%
2020-12-31	$A$1.94 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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NaaS Technology (NAAS) - Net assets