The Glimpse Group (VRAR)

Net assets on the balance sheet as of March 2024 : NZ$24.38 M

According to The Glimpse Group's latest financial reports the company has NZ$24.38 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Glimpse Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$18.29 M	-60.28%
2022-06-30	$NZ$46.07 M	-2845.95%
2021-06-30	$-NZ$1.68 M	253.83%
2020-06-30	$-NZ$0.48 M	-121.63%
2019-06-30	$NZ$2.19 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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The Glimpse Group (VRAR) - Net assets