Pineapple Financial (PAPL)

Net assets on the balance sheet as of May 2024 : NZ$3.56 Million

According to Pineapple Financial's latest financial reports the company has NZ$3.56 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pineapple Financial - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$NZ$3 M	-60.23%
2022-08-31	$NZ$7.54 M	-23.69%
2021-08-31	$NZ$9.88 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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Pineapple Financial (PAPL) - Net assets