Wag! Group (PET) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$13.9 Million

According to Wag! Group's latest financial reports the company has -HK$13.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wag! Group - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$77.52 M	-109.37%
2021-12-31	$-HK$0.83 Billion	6.53%
2020-12-31	$-HK$0.78 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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Wag! Group (PET) - Net assets