Backblaze (BLZE) - Net Assets

Net assets on the balance sheet as of June 2024 : €42.77 Million

According to Backblaze's latest financial reports the company has €42.77 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$€64.09 M	-23.99%
2021-12-31	$€84.31 M	-1616.16%
2020-12-31	$-€5.57 Million	140.16%
2019-12-31	$-€2.32 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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Backblaze (BLZE) - Net assets