Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of June 2024 : A$97.89 Million

According to Otovo ASA's latest financial reports the company has A$97.89 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Otovo ASA - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.12 B	57.91%
2022-12-31	$A$79.95 M	-2.08%
2021-12-31	$A$81.65 M	220.05%
2020-12-31	$A$25.51 M	-29.33%
2019-12-31	$A$36.1 M	93.28%
2018-12-31	$A$18.67 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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Otovo ASA (OTOVO.OL) - Net assets