Netwealth (NWL.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : £74.86 Million

According to Netwealth's latest financial reports the company has £74.86 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netwealth - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$£64.57 M	9.22%
2022-06-30	$£59.12 M	16.89%
2021-06-30	$£50.57 M	19.17%
2020-06-30	$£42.44 M	20.17%
2019-06-30	$£35.31 M	-6.53%
2018-06-30	$£37.78 M	66.93%
2017-06-30	$£22.63 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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Netwealth (NWL.AX) - Net assets