Motorsport Gaming (MSGM)

Net assets on the balance sheet as of June 2024 : $3.02 Million USD

According to Motorsport Gaming's latest financial reports the company has $3.02 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$$1.9 M	-94.99%
2021-12-31	$$37.98 M	2250.62%
2020-12-31	$$1.61 M	-55.26%
2019-12-31	$$3.61 M	-61.44%
2018-12-31	$$9.36 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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Motorsport Gaming (MSGM) - Net assets