Unusual Machines (UMAC)

Net assets on the balance sheet as of June 2024 : C$28.14 Million

According to Unusual Machines's latest financial reports the company has C$28.14 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Unusual Machines - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$4.35 M	-12.43%
2021-12-31	$C$4.97 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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Unusual Machines (UMAC) - Net assets