Fonix Mobile (FNX.L)

Net assets on the balance sheet as of December 2024 : $14.11 Million USD

According to Fonix Mobile's latest financial reports the company has $14.11 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fonix Mobile - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$13.53 M	13.43%
2023-06-30	$$11.93 M	25.48%
2022-06-30	$$9.51 M	31.63%
2021-06-30	$$7.22 M	139.71%
2020-06-30	$$3.01 M	8.33%
2019-06-30	$$2.78 M	-36.51%
2018-06-30	$$4.38 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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Fonix Mobile (FNX.L) - Net assets