Rumble (RUM) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.31 B

According to Rumble's latest financial reports the company has NZ$0.31 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.53 B	1106.4%
2021-12-31	$NZ$44.34 M	-9453.92%
2020-12-31	$-NZ$0.48 M	-157.12%
2019-12-31	$NZ$0.82 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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Rumble (RUM) - Net assets