Draganfly (DPRO) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$3.16 Million

According to Draganfly's latest financial reports the company has -NZ$3.16 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Draganfly - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$12.81 M	-68.06%
2021-12-31	$NZ$40.12 M	859.23%
2020-12-31	$NZ$4.18 M	67.9%
2019-12-31	$NZ$2.49 M	-155.08%
2018-12-31	$-NZ$4.53 Million

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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Draganfly (DPRO) - Net assets