Richtech Robotics (RR)

Net assets on the balance sheet as of June 2024 : £7.2 Million

According to Richtech Robotics's latest financial reports the company has £7.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Richtech Robotics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$£3.94 M	50.92%
2022-09-30	$£2.61 M	87.77%
2021-09-30	$£1.39 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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Richtech Robotics (RR) - Net assets