Biofrontera (BFRI) - Net Assets

Net assets on the balance sheet as of June 2024 : A$16.87 Million

According to Biofrontera's latest financial reports the company has A$16.87 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Biofrontera - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$35.08 M	124.37%
2021-12-31	$A$15.63 M	106.34%
2020-12-31	$A$7.57 M	-117.58%
2019-12-31	$-A$43.11 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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Biofrontera (BFRI) - Net assets