System1 (SST) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.22 Billion

According to System1's latest financial reports the company has NZ$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

System1 - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.74 B	-1890.91%
2021-12-31	$-NZ$41.59 Million	-106.88%
2020-12-31	$NZ$0.60 B	-716.19%
2019-12-31	$-NZ$98.11 Million

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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System1 (SST) - Net assets