The Glimpse Group (VRAR)

Net assets on the balance sheet as of June 2024 : HK$89.81 Million

According to The Glimpse Group's latest financial reports the company has HK$89.81 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Glimpse Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$87.98 M	-61.09%
2022-06-30	$HK$0.22 B	-2585.44%
2021-06-30	$-HK$9.1 Million	283.97%
2020-06-30	$-HK$2.37 Million	-120.58%
2019-06-30	$HK$11.51 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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The Glimpse Group (VRAR) - Net assets