Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of June 2024 : £50.65 Million

According to Otovo ASA's latest financial reports the company has £50.65 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Otovo ASA - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£67.51 M	50.13%
2022-12-31	$£44.97 M	2.55%
2021-12-31	$£43.85 M	204.71%
2020-12-31	$£14.39 M	-25.33%
2019-12-31	$£19.27 M	85.94%
2018-12-31	$£10.36 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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Otovo ASA (OTOVO.OL) - Net assets