Mobilicom (MOB) - Net Assets

Net assets on the balance sheet as of December 2023 : $7.71 Million USD

According to Mobilicom's latest financial reports the company has $7.71 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mobilicom - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$12.15 M	403.59%
2021-12-31	$$2.41 M	55.44%
2020-12-31	$$1.55 M	-50.12%
2019-12-31	$$3.11 M	2.87%
2018-12-31	$$3.02 M	-47.19%
2017-12-31	$$5.72 M
2016-06-30	$$8.08 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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Mobilicom (MOB) - Net assets