Squarespace (SQSP) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$1.89 Billion

According to Squarespace's latest financial reports the company has -HK$1.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$2.04 Billion	-14.11%
2022-12-31	$-HK$2.37 Billion	2152.4%
2021-12-31	$-HK$0.11 Billion	-97.96%
2020-12-31	$-HK$5.15 Billion	75.33%
2019-12-31	$-HK$2.94 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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Squarespace (SQSP) - Net assets