Spark Networks (LOV)

Net assets on the balance sheet as of June 2023 : -HK$0.31 Billion

According to Spark Networks's latest financial reports the company has -HK$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spark Networks - Net assets on balance sheet (from 2020 to 2020)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$53.03 Million	-120.8%
2021-12-31	$HK$0.25 B	-65.35%
2020-12-31	$HK$0.73 B	-47.03%
2019-12-31	$HK$1.38 B	598.31%
2018-12-31	$HK$0.19 B	-9.25%
2017-12-31	$HK$0.21 B	-203.26%
2016-12-31	$-HK$0.22 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Match Group MTCH	-HK$0.69 Billion	129.11%	🇺🇸 USA
Bumble BMBL	HK$10.62 B	-3,638.34%	🇺🇸 USA

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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Spark Networks (LOV) - Net assets

Net assets on the balance sheet as of June 2023 : -HK$0.31 Billion