Arcimoto (FUV) - Net Assets

Net assets on the balance sheet as of September 2023 : A$17.72 Million

According to Arcimoto's latest financial reports the company has A$17.72 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcimoto - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$46.09 M	-37.6%
2021-12-31	$A$73.86 M	19.11%
2020-12-31	$A$62.01 M	470.53%
2019-12-31	$A$10.86 M	-5.08%
2018-12-31	$A$11.45 M	-43.35%
2017-12-31	$A$20.21 M	-2427.57%
2016-12-31	$-A$0.87 Million	-181.41%
2015-12-31	$A$1.06 M	-330.52%
2014-12-31	$-A$0.47 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	A$0.39 B	2,104.60%	🇺🇸 USA
Nikola NKLA	A$0.58 B	3,209.10%	🇺🇸 USA
NIO NIO	A$4.40 B	24,778.32%	🇨🇳 China

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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Arcimoto (FUV) - Net assets

Net assets on the balance sheet as of September 2023 : A$17.72 Million