Society Pass (SOPA) - Net Assets

Net assets on the balance sheet as of June 2024 : S$2.75 M

According to Society Pass's latest financial reports the company has S$2.75 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$26.82 M	-38.46%
2021-12-31	$S$43.59 M	-416.62%
2020-12-31	$-S$13.77 M	45.24%
2019-12-31	$-S$9.48 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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Society Pass (SOPA) - Net assets