Electreon Wireless (ELWS.TA)

Net assets on the balance sheet as of June 2024 : A$62.59 Million

According to Electreon Wireless's latest financial reports the company has A$62.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Electreon Wireless - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$45.16 M	-13.74%
2022-12-31	$A$52.36 M	-29.24%
2021-12-31	$A$73.99 M	7.5%
2020-12-31	$A$68.83 M	1620.45%
2019-12-31	$A$4 M	-17.21%
2018-12-31	$A$4.83 M	-1267.17%
2017-12-31	$-A$0.42 Million	-116.93%
2016-12-31	$A$2.44 M	-13.32%
2015-12-31	$A$2.82 M	-27.34%
2014-12-31	$A$3.88 M	-45.32%
2013-12-31	$A$7.1 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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Electreon Wireless (ELWS.TA) - Net assets