Airtasker (ART.AX) - Net Assets

Net assets on the balance sheet as of June 2023 : S$25.26 M

According to Airtasker's latest financial reports the company has S$25.26 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-06-30	$S$26.22 M	-26.14%
2022-06-30	$S$35.5 M	-20.33%
2021-06-30	$S$44.57 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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Airtasker (ART.AX) - Net assets