Gaming Technologies (Gametech) (GMGT)

Net assets on the balance sheet as of December 2022 : -£3.56 Million

According to Gaming Technologies (Gametech)'s latest financial reports the company has -£3.56 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gaming Technologies (Gametech) - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$-£3.7 Million	152.67%
2021-12-31	$-£1.47 Million	-224.9%
2020-12-31	$£1.17 M	389.9%
2019-12-31	$£0.23 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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Gaming Technologies (Gametech) (GMGT) - Net assets