LM Funding America (LMFA)

Net assets on the balance sheet as of June 2024 : A$47.03 Million

According to LM Funding America's latest financial reports the company has A$47.03 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LM Funding America - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$51.16 M	-31.45%
2022-12-31	$A$74.64 M	-11.3%
2021-12-31	$A$84.15 M	464.24%
2020-12-31	$A$14.91 M	268.35%
2019-12-31	$A$4.04 M	-50.89%
2018-12-31	$A$8.24 M	617.65%
2017-12-31	$A$1.14 M	-80.14%
2016-12-31	$A$5.78 M	-32.73%
2015-12-31	$A$8.59 M	-721.05%
2014-12-31	$-A$1.39 Million	-51.49%
2013-12-31	$-A$2.86 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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LM Funding America (LMFA) - Net assets