Elevai Labs (ELAB) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$14.74 Million

According to Elevai Labs's latest financial reports the company has NZ$14.74 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$6.05 M	239.62%
2022-12-31	$NZ$1.78 M	170.09%
2021-12-31	$NZ$0.65 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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Elevai Labs (ELAB) - Net assets