ON24 (ONTF) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.33 Billion

According to ON24's latest financial reports the company has HK$1.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ON24 - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.40 B	-41.5%
2022-12-31	$HK$2.40 B	-13.1%
2021-12-31	$HK$2.76 B	3401.31%
2020-12-31	$HK$79.07 M	-158.52%
2019-12-31	$-HK$0.14 Billion	-55.88%
2018-12-31	$-HK$0.31 Billion

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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ON24 (ONTF) - Net assets