Adamas One (JEWL) - Net Assets

Net assets on the balance sheet as of June 2024 : -£1.25 Million

According to Adamas One's latest financial reports the company has -£1.25 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adamas One - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$£2.56 M	-159.75%
2022-09-30	$-£4.29 Million	-9.49%
2021-09-30	$-£4.74 Million	104.33%
2020-09-30	$-£2.32 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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Adamas One (JEWL) - Net assets