authID (AUID) - Net Assets

Net assets on the balance sheet as of June 2024 : A$27.83 Million

According to authID's latest financial reports the company has A$27.83 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

authID - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.41 M	-97.23%
2021-12-31	$A$15.02 M	152.33%
2020-12-31	$A$5.95 M	-49.61%
2019-12-31	$A$11.82 M	-42.93%
2018-12-31	$A$20.71 M	24.95%
2017-12-31	$A$16.57 M	-190.16%
2016-12-31	$-A$18.39 Million	-44.38%
2015-12-31	$-A$33.06 Million	-5320.47%
2014-12-31	$A$0.63 M	119.58%
2013-12-31	$A$0.28 M	8.69%
2012-12-31	$A$0.26 M	16902.12%
2011-12-31	$A$0 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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authID (AUID) - Net assets