Grindr (GRND) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$0.33 Billion

According to Grindr's latest financial reports the company has -HK$0.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grindr - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$0.15 Billion	-551.25%
2022-12-31	$HK$31.65 M	-98.46%
2021-12-31	$HK$2.05 B	3.32%
2020-12-31	$HK$1.98 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Match Group MTCH	-HK$1.02 Billion	211.68%	🇺🇸 USA
Bumble BMBL	HK$17.88 B	-5,604.72%	🇺🇸 USA

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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Grindr (GRND) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$0.33 Billion