System1 (SST) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.17 Billion

According to System1's latest financial reports the company has S$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

System1 - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.63 B	-1750.76%
2021-12-31	$-S$38.4 Million	-106.65%
2020-12-31	$S$0.57 B	-747.8%
2019-12-31	$-S$89.08 Million

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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System1 (SST) - Net assets