Trust Stamp (IDAI) - Net Assets

Net assets on the balance sheet as of June 2024 : S$1.22 Million

According to Trust Stamp's latest financial reports the company has S$1.22 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.83 M	-87.68%
2021-12-31	$S$6.8 M	148.06%
2020-12-31	$S$2.74 M	2134.76%
2019-12-31	$S$0.12 M	-113.25%
2018-12-31	$-S$0.93 Million	-18.01%
2017-12-31	$-S$1.14 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BIO-key International BKYI	-S$1.43 Million	-215.84%	🇺🇸 USA

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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Trust Stamp (IDAI) - Net assets

Net assets on the balance sheet as of June 2024 : S$1.22 Million