Thinkific Labs (THNC.TO)

Net assets on the balance sheet as of June 2024 : A$62 Million

According to Thinkific Labs's latest financial reports the company has A$62 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Thinkific Labs - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.12 B	-6.83%
2022-12-31	$A$0.12 B	-23.04%
2021-12-31	$A$0.16 B	2329.49%
2020-12-31	$A$6.9 M	196.58%
2019-12-31	$A$2.32 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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Thinkific Labs (THNC.TO) - Net assets