Locafy (LCFY) - Net Assets

Net assets on the balance sheet as of March 2024 : NZ$4.15 Million

According to Locafy's latest financial reports the company has NZ$4.15 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Locafy - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$5.44 M	-3.74%
2022-06-30	$NZ$5.65 M	-729.81%
2021-06-30	$-NZ$0.9 Million	-61.18%
2020-06-30	$-NZ$2.32 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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Locafy (LCFY) - Net assets