Gelteq Limited (GELS)

Net assets on the balance sheet as of June 2024 : £7.59 Million

According to Gelteq Limited's latest financial reports the company has £7.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gelteq Limited - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$£7.99 M	-18.35%
2023-06-30	$£9.79 M	-17.22%
2022-06-30	$£11.82 M	-8.5%
2021-06-30	$£12.92 M	10281.12%
2020-06-30	$£0.12 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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Gelteq Limited (GELS) - Net assets