Sono (SEV) - Net assets

Net assets on the balance sheet as of September 2022 : £21.13 Million

According to Sono's latest financial reports the company has £21.13 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sono - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$£70 M	-1643.55%
2020-12-31	$-£4.54 Million	-71.41%
2019-12-31	$-£15.87 Million	27.67%
2018-12-31	$-£12.43 Million

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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