Mobilicom (MOB) - Net Assets

Net assets on the balance sheet as of December 2023 : £6.11 Million

According to Mobilicom's latest financial reports the company has £6.11 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mobilicom - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£10.04 M	461.88%
2021-12-31	$£1.78 M	56.97%
2020-12-31	$£1.13 M	-52.01%
2019-12-31	$£2.37 M	-0.42%
2018-12-31	$£2.38 M	-43.77%
2017-12-31	$£4.23 M
2016-06-30	$£6 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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Mobilicom (MOB) - Net assets