Mobile Global Esports (Mogo) (MGAM)

Net assets on the balance sheet as of June 2024 : NZ$3.65 Million

According to Mobile Global Esports (Mogo)'s latest financial reports the company has NZ$3.65 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mobile Global Esports (Mogo) - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$4.89 M	-65.49%
2022-12-31	$NZ$14.19 M	3498.47%
2021-12-31	$NZ$0.39 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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Mobile Global Esports (Mogo) (MGAM) - Net assets