iPower (IPW) - Net Assets

Net assets on the balance sheet as of June 2024 : £18.23 Million

According to iPower's latest financial reports the company has £18.23 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-06-30	$£16.54 M	-38.06%
2022-06-30	$£26.7 M	47.95%
2021-06-30	$£18.04 M	658.24%
2020-06-30	$£2.38 M	485.05%
2019-06-30	$£0.4 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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iPower (IPW) - Net assets