Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of June 2024 : £45.95 M

According to Payfare Inc.'s latest financial reports the company has £45.95 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	$£42.16 M	42.65%
2022-12-31	$£29.55 M	8.25%
2021-12-31	$£27.3 M	-490.93%
2020-12-31	$-£6.99 M	-705.94%
2019-12-31	$£1.15 M	-195.79%
2018-12-31	$-£1.21 M	-913.58%
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