iPower (IPW) - Net Assets

Net assets on the balance sheet as of June 2024 : A$35.6 Million

According to iPower's latest financial reports the company has A$35.6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-06-30	$A$31.51 M	-33.06%
2022-06-30	$A$47.08 M	41.59%
2021-06-30	$A$33.25 M	679.79%
2020-06-30	$A$4.26 M	479.72%
2019-06-30	$A$0.73 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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iPower (IPW) - Net assets