Arcimoto (FUV) - Net Assets

Net assets on the balance sheet as of September 2023 : £9.08 Million

According to Arcimoto's latest financial reports the company has £9.08 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcimoto - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£25.92 M	-34.64%
2021-12-31	$£39.67 M	13.4%
2020-12-31	$£34.98 M	502.79%
2019-12-31	$£5.8 M	-8.68%
2018-12-31	$£6.35 M	-45.57%
2017-12-31	$£11.67 M	-2401.55%
2016-12-31	$-£0.51 Million	-196.75%
2015-12-31	$£0.52 M	-315.58%
2014-12-31	$-£0.25 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	£0.20 B	2,104.60%	🇺🇸 USA
Nikola NKLA	£0.30 B	3,209.10%	🇺🇸 USA
NIO NIO	£2.25 B	24,778.32%	🇨🇳 China

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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Arcimoto (FUV) - Net assets

Net assets on the balance sheet as of September 2023 : £9.08 Million