Bytes Technology (BYIT.L)

Net assets on the balance sheet as of February 2024 : £78.56 Million

According to Bytes Technology's latest financial reports the company has £78.56 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-02-28	$£61.49 M	29.29%
2022-02-28	$£47.56 M	184.02%
2021-02-28	$£16.74 M
2020-02-29	$£36.1 M
2019-02-28	$£42.15 M	25.36%
2018-02-28	$£33.62 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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Bytes Technology (BYIT.L) - Net assets