Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of September 2024 : $64.55 Million USD

According to Payfare Inc.'s latest financial reports the company has $64.55 Million USD 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	$$53.71 M	50.23%
2022-12-31	$$35.75 M	-2.56%
2021-12-31	$$36.69 M	-484.81%
2020-12-31	$-$9.54 Million	-728.08%
2019-12-31	$$1.51 M	-198.75%
2018-12-31	$-$1.54 Million	-869.2%
2017-12-31	$$0.19 M	-40.18%
2016-12-31	$$0.33 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