Netwealth (NWL.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : $96.72 Million USD

According to Netwealth's latest financial reports the company has $96.72 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netwealth - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$81.45 M	13.57%
2022-06-30	$$71.72 M	2.44%
2021-06-30	$$70.01 M	34%
2020-06-30	$$52.24 M	16.54%
2019-06-30	$$44.83 M	-10.16%
2018-06-30	$$49.9 M	69.47%
2017-06-30	$$29.44 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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Netwealth (NWL.AX) - Net assets