Blend Labs (BLND) - Net Assets

Net assets on the balance sheet as of December 2024 : -NZ$7.12 Million

According to Blend Labs's latest financial reports the company has -NZ$7.12 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2024-12-31	$-NZ$7.06 Million	-116.57%
2023-12-31	$NZ$42.61 M	-83.5%
2022-12-31	$NZ$0.25 B	-78.24%
2021-12-31	$NZ$1.18 B	424.24%
2020-12-31	$NZ$0.22 B	12.96%
2019-12-31	$NZ$0.20 B

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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Blend Labs (BLND) - Net assets