Prestige Wealth (PWM)

Net assets on the balance sheet as of September 2023 : A$9.57 Million

According to Prestige Wealth 's latest financial reports the company has A$9.57 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Prestige Wealth - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-09-30	$A$9.61 M	16.48%
2022-09-30	$A$8.25 M	47.74%
2021-09-30	$A$5.58 M	-26.04%
2020-09-30	$A$7.55 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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Prestige Wealth (PWM) - Net assets