Rekor Systems (REKR)

Net assets on the balance sheet as of June 2024 : S$61.9 Million

According to Rekor Systems's latest financial reports the company has S$61.9 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	$S$66.14 M	-51.6%
2021-12-31	$S$0.13 B	224.23%
2020-12-31	$S$42.14 M	-1067.61%
2019-12-31	$-S$4.36 Million	-137.48%
2018-12-31	$S$11.62 M	-20.32%
2017-12-31	$S$14.58 M	164.12%
2016-12-31	$S$5.52 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