The Glimpse Group (VRAR)

Net assets on the balance sheet as of September 2024 : $10.89 Million USD

According to The Glimpse Group's latest financial reports the company has $10.89 Million USD 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	$$11.22 M	-61.05%
2022-06-30	$$28.81 M	-2559.24%
2021-06-30	$-$1.18 Million	283.32%
2020-06-30	$-$0.31 Million	-120.74%
2019-06-30	$$1.47 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