Rekor Systems (REKR)

Net assets on the balance sheet as of September 2024 : NZ$70.77 Million

According to Rekor Systems's latest financial reports the company has NZ$70.77 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rekor Systems - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$77.7 M	-47.49%
2021-12-31	$NZ$0.14 B	235.17%
2020-12-31	$NZ$44.15 M	-1020.39%
2019-12-31	$-NZ$4.8 Million	-137.82%
2018-12-31	$NZ$12.68 M	-17.41%
2017-12-31	$NZ$15.35 M	178.75%
2016-12-31	$NZ$5.5 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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Rekor Systems (REKR) - Net assets