Genelux (GNLX) - Net Assets

Net assets on the balance sheet as of September 2024 : C$47.5 Million

According to Genelux's latest financial reports the company has C$47.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$-C$48.56 Million	15.07%
2021-12-31	$-C$42.2 Million	46.08%
2020-12-31	$-C$28.89 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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Genelux (GNLX) - Net assets