NeoVolta (NEOV) - Net Assets

Net assets on the balance sheet as of June 2024 : A$7.07 Million

According to NeoVolta's latest financial reports the company has A$7.07 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NeoVolta - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$9.76 M	156.8%
2022-06-30	$A$3.8 M	-9.23%
2021-06-30	$A$4.19 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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NeoVolta (NEOV) - Net assets