LM Funding America (LMFA)

Net assets on the balance sheet as of September 2024 : £22.5 Million

According to LM Funding America's latest financial reports the company has £22.5 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	$£27.36 M	-34.83%
2022-12-31	$£41.98 M	-7.1%
2021-12-31	$£45.19 M	437.2%
2020-12-31	$£8.41 M	289.17%
2019-12-31	$£2.16 M	-52.76%
2018-12-31	$£4.57 M	589.49%
2017-12-31	$£0.66 M	-80.36%
2016-12-31	$£3.37 M	-20.06%
2015-12-31	$£4.22 M	-680.8%
2014-12-31	$-£0.73 Million	-52.84%
2013-12-31	$-£1.55 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