Prestige Wealth (PWM)

Net assets on the balance sheet as of September 2023 : $6.18 Million USD

According to Prestige Wealth 's latest financial reports the company has $6.18 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Prestige Wealth - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-09-30	$$6.18 M	14.96%
2022-09-30	$$5.37 M	34.01%
2021-09-30	$$4.01 M	-25.66%
2020-09-30	$$5.39 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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Prestige Wealth (PWM) - Net assets