Netcapital (NCPL) - Net Assets

Net assets on the balance sheet as of October 2024 : A$58.4 Million

According to Netcapital's latest financial reports the company has A$58.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netcapital - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-04-30	$A$54.71 M	53.21%
2022-04-30	$A$35.71 M	95.9%
2021-04-30	$A$18.22 M	1659.5%
2020-04-30	$A$1.03 M	-184.48%
2019-04-30	$-A$1.23 Million	-37.4%
2018-04-30	$-A$1.96 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OneConnect OCFT	A$0.67 B	1,060.52%	🇨🇳 China

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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Netcapital (NCPL) - Net assets

Net assets on the balance sheet as of October 2024 : A$58.4 Million