MarketWise (MKTW) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$0.38 Billion

According to MarketWise's latest financial reports the company has -C$0.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.39 Billion	-5.35%
2022-12-31	$-C$0.41 Billion	-21.61%
2021-12-31	$-C$0.52 Billion	-56%
2020-12-31	$-C$1.18 Billion	235.28%
2019-12-31	$-C$0.36 Billion

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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MarketWise (MKTW) - Net assets