Backblaze (BLZE) - Net Assets

Net assets on the balance sheet as of June 2024 : £34.5 M

According to Backblaze's latest financial reports the company has £34.5 M 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	$£56.82 M	-19.67%
2021-12-31	$£70.73 M	-1509.68%
2020-12-31	$-£5.02 M	153.67%
2019-12-31	$-£1.98 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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Backblaze (BLZE) - Net assets