Arqit Quantum (ARQQ)

Net assets on the balance sheet as of September 2023 : £52.57 Million

According to Arqit Quantum's latest financial reports the company has £52.57 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arqit Quantum - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-09-30	$£54.64 M	-22.3%
2022-09-30	$£70.33 M	-379.04%
2021-09-30	$-£25.21 Million	-3583.33%
2020-09-30	$£0.72 M	-32.77%
2019-09-30	$£1.07 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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Arqit Quantum (ARQQ) - Net assets