Backblaze (BLZE) - Net Assets

Net assets on the balance sheet as of June 2024 : A$69.69 Million

According to Backblaze's latest financial reports the company has A$69.69 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.10 B	-23.3%
2021-12-31	$A$0.13 B	-1580.62%
2020-12-31	$-A$8.9 Million	140.1%
2019-12-31	$-A$3.71 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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Backblaze (BLZE) - Net assets