MarketWise (MKTW) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$2.06 Billion

According to MarketWise's latest financial reports the company has -HK$2.06 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$2.26 Billion	-3.2%
2022-12-31	$-HK$2.34 Billion	-26.22%
2021-12-31	$-HK$3.17 Billion	-55.72%
2020-12-31	$-HK$7.14 Billion	241.85%
2019-12-31	$-HK$2.09 Billion

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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MarketWise (MKTW) - Net assets