Pineapple Financial (PAPL)

Net assets on the balance sheet as of May 2024 : $2.04 Million USD

According to Pineapple Financial's latest financial reports the company has $2.04 Million USD 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	$$1.78 M	-61.4%
2022-08-31	$$4.62 M	-33.13%
2021-08-31	$$6.91 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