Meta Materials (MMAT)

Net assets on the balance sheet as of March 2024 : NZ$30 Million

According to Meta Materials's latest financial reports the company has NZ$30 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Meta Materials - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.59 B	21.68%
2021-12-31	$NZ$0.49 B	-4073.89%
2020-12-31	$-NZ$12.34 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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Meta Materials (MMAT) - Net assets