Perfect Moment (PMNT)

Net assets on the balance sheet as of June 2024 : A$7.17 Million

According to Perfect Moment's latest financial reports the company has A$7.17 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Perfect Moment - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$-A$6.17 Million	37.06%
2022-03-31	$-A$4.5 Million	-245.33%
2021-03-31	$A$3.09 M	-217.36%
2020-03-31	$-A$2.64 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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Perfect Moment (PMNT) - Net assets