iPower (IPW) - Net Assets

Net assets on the balance sheet as of June 2024 : $23.01 Million USD

According to iPower's latest financial reports the company has $23.01 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-06-30	$$20.86 M	-35.6%
2022-06-30	$$32.39 M	29.66%
2021-06-30	$$24.98 M	752.61%
2020-06-30	$$2.93 M	467.33%
2019-06-30	$$0.51 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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iPower (IPW) - Net assets