Bullish (BLSH) - Net Assets

Net assets on the balance sheet as of September 2025 : NZ$6.61 Billion

According to Bullish's latest financial reports the company has NZ$6.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bullish - Net assets on balance sheet (from 2021 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$NZ$4.25 B	109.93%
2023-12-31	$NZ$2.02 B	-31.63%
2022-12-31	$NZ$2.96 B	-66.85%
2021-12-31	$NZ$8.94 B	60.91%
2020-12-31	$NZ$5.56 B

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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Bullish (BLSH) - Net assets