Presto Automation (PRST)

Net assets on the balance sheet as of March 2024 : -C$80.5 Million

According to Presto Automation's latest financial reports the company has -C$80.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Presto Automation - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$-C$59.86 Million	-62.03%
2022-06-30	$-C$0.16 Billion	81.68%
2021-06-30	$-C$86.78 Million	204.69%
2020-06-30	$-C$28.48 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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Presto Automation (PRST) - Net assets