Virax Biolabs (VRAX)

Net assets on the balance sheet as of September 2025 : HK$39.63 Million

According to Virax Biolabs's latest financial reports the company has HK$39.63 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virax Biolabs - Net assets on balance sheet (from 2021 to 2025)

Net assets by year

Year	Net assets	Change
2025-03-31	$HK$42.49 M	5.67%
2024-03-31	$HK$40.21 M	-42.47%
2023-03-31	$HK$69.89 M	-845.6%
2022-03-31	$-HK$9.38 Million	44.96%
2021-03-31	$-HK$6.47 Million	-31.34%
2020-03-31	$-HK$9.42 Million

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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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Virax Biolabs (VRAX) - Net assets