Society Pass (SOPA) - Net Assets

Net assets on the balance sheet as of June 2024 : A$3.2 Million

According to Society Pass's latest financial reports the company has A$3.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Society Pass - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$29.4 M	-34.05%
2021-12-31	$A$44.58 M	-429.2%
2020-12-31	$-A$13.55 Million	34.52%
2019-12-31	$-A$10.07 Million

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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Society Pass (SOPA) - Net assets