Kidpik (PIK) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$12.3 Million

According to Kidpik's latest financial reports the company has -HK$12.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$68.36 M	-40.55%
2021-12-31	$HK$0.11 B	732.04%
2020-12-31	$HK$13.82 M	-1896.08%
2019-12-31	$-HK$0.77 Million

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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Kidpik (PIK) - Net assets