ReadyTech Holdings (RDY.AX)

Net assets on the balance sheet as of June 2024 : £79.57 Million

According to ReadyTech Holdings's latest financial reports the company has £79.57 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ReadyTech Holdings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$£67.3 M	20.88%
2022-06-30	$£55.67 M	36.59%
2021-06-30	$£40.76 M	120.83%
2020-06-30	$£18.45 M	14.24%
2019-06-30	$£16.15 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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ReadyTech Holdings (RDY.AX) - Net assets