The Glimpse Group (VRAR)

Net assets on the balance sheet as of June 2024 : A$17.85 Million

According to The Glimpse Group's latest financial reports the company has A$17.85 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Glimpse Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$16.95 M	-59.52%
2022-06-30	$A$41.88 M	-2785.54%
2021-06-30	$-A$1.56 Million	250.59%
2020-06-30	$-A$0.45 Million	-121.2%
2019-06-30	$A$2.09 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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The Glimpse Group (VRAR) - Net assets