Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of June 2024 : $60.31 M

According to Payfare Inc.'s latest financial reports the company has $60.31 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	$$53.71 M	50.23%
2022-12-31	$$35.75 M	-3.24%
2021-12-31	$$36.95 M	-487.55%
2020-12-31	$-$9.54 M	-723.34%
2019-12-31	$$1.52 M	-199.63%
2018-12-31	$-$1.54 M	-868.09%
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