Direct Digital Holdings (DRCT)

Net assets on the balance sheet as of September 2024 : -C$21.59 Million

According to Direct Digital Holdings's latest financial reports the company has -C$21.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Direct Digital Holdings - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$6.23 M	-1405.25%
2021-12-31	$-C$0.48 Million	-115.82%
2020-12-31	$C$3.01 M	-281.93%
2019-12-31	$-C$1.66 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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Direct Digital Holdings (DRCT) - Net assets