Innovative Eyewear (LUCY)

Net assets on the balance sheet as of June 2024 : NZ$12.51 Million

According to Innovative Eyewear's latest financial reports the company has NZ$12.51 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$6.33 M	1986.39%
2021-12-31	$NZ$0.3 M	-139.51%
2020-12-31	$-NZ$0.77 Million	7.04%
2019-12-31	$-NZ$0.72 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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Innovative Eyewear (LUCY) - Net assets