Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of September 2024 : £51.5 Million

According to Payfare Inc.'s latest financial reports the company has £51.5 Million 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	$£42.16 M	42.65%
2022-12-31	$£29.55 M	8.72%
2021-12-31	$£27.18 M	-488.58%
2020-12-31	$-£7 Million	-704.23%
2019-12-31	$£1.15 M	-195.59%
2018-12-31	$-£1.22 Million	-918.98%
2017-12-31	$£0.14 M	-45.38%
2016-12-31	$£0.27 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