Wejo Group (WEJO) - Net assets

Net assets on the balance sheet as of March 2023 : -£77.7 Million

According to Wejo Group's latest financial reports the company has -£77.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wejo Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-£56.84 Million	-260.86%
2021-12-31	$£35.33 M	-215.28%
2020-12-31	$-£30.65 Million	-1149.34%
2019-12-31	$£2.92 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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