Bytes Technology (BYIT.L)

Net assets on the balance sheet as of February 2024 : NZ$0.17 Billion

According to Bytes Technology's latest financial reports the company has NZ$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-02-28	$NZ$0.12 B	26.61%
2022-02-28	$NZ$95.04 M	194.8%
2021-02-28	$NZ$32.23 M
2020-02-29	$NZ$74.05 M
2019-02-28	$NZ$81.91 M	26.75%
2018-02-28	$NZ$64.62 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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Bytes Technology (BYIT.L) - Net assets