Laser Photonics (LASE)

Net assets on the balance sheet as of June 2024 : NZ$17.23 Million

According to Laser Photonics's latest financial reports the company has NZ$17.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Laser Photonics - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$27.54 M	238.39%
2021-12-31	$NZ$8.14 M	11.12%
2020-12-31	$NZ$7.32 M	907.3%
2019-12-31	$NZ$0.72 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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Laser Photonics (LASE) - Net assets