Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of June 2024 : A$90.46 M

According to Payfare Inc.'s latest financial reports the company has A$90.46 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Payfare Inc. - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$78.84 M	50.05%
2022-12-31	$A$52.54 M	3.39%
2021-12-31	$A$50.82 M	-510.71%
2020-12-31	$-A$12.38 M	-668.65%
2019-12-31	$A$2.17 M	-199.88%
2018-12-31	$-A$2.18 M	-950.9%
2017-12-31	$A$0.25 M	-44.77%
2016-12-31	$A$0.46 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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Payfare Inc. (PAY.TO) - Net assets