Fonix Mobile (FNX.L)

Net assets on the balance sheet as of December 2024 : HK$0.10 Billion

According to Fonix Mobile's latest financial reports the company has HK$0.10 Billion 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	$HK$0.10 B	13.03%
2023-06-30	$HK$93.51 M	25.3%
2022-06-30	$HK$74.63 M	33.03%
2021-06-30	$HK$56.1 M	140.14%
2020-06-30	$HK$23.36 M	7.47%
2019-06-30	$HK$21.73 M	-36.8%
2018-06-30	$HK$34.39 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