Rekor Systems (REKR)

Net assets on the balance sheet as of June 2024 : HK$0.35 Billion

According to Rekor Systems's latest financial reports the company has HK$0.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rekor Systems - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.38 B	-51.1%
2021-12-31	$HK$0.78 B	219.14%
2020-12-31	$HK$0.24 B	-1081.52%
2019-12-31	$-HK$25.17 Million	-137.77%
2018-12-31	$HK$66.62 M	-21.82%
2017-12-31	$HK$85.21 M	187.95%
2016-12-31	$HK$29.59 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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Rekor Systems (REKR) - Net assets