Spark Networks (LOV)

Net assets on the balance sheet as of June 2023 : -A$58.55 Million

According to Spark Networks's latest financial reports the company has -A$58.55 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spark Networks - Net assets on balance sheet (from 2020 to 2020)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$9.98 Million	-122.11%
2021-12-31	$A$45.09 M	-63.46%
2020-12-31	$A$0.12 B	-51.55%
2019-12-31	$A$0.25 B	606.5%
2018-12-31	$A$36.05 M	0.34%
2017-12-31	$A$35.93 M	-194.62%
2016-12-31	$-A$37.98 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Match Group MTCH	-A$0.2 Billion	236.82%	🇺🇸 USA
Bumble BMBL	A$3.48 B	-6,048.74%	🇺🇸 USA

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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Spark Networks (LOV) - Net assets

Net assets on the balance sheet as of June 2023 : -A$58.55 Million