reAlpha Tech (AIRE) - Net Assets

Net assets on the balance sheet as of June 2024 : S$29.81 Million

According to reAlpha Tech's latest financial reports the company has S$29.81 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

reAlpha Tech - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-04-30	$S$17.58 M	-339.01%
2022-04-30	$-S$7.36 Million	-1276.94%
2021-04-30	$S$0.62 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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reAlpha Tech (AIRE) - Net assets