LifeMD (LFMD) - Net Assets

Net assets on the balance sheet as of September 2024 : -A$9.61 Million

According to LifeMD's latest financial reports the company has -A$9.61 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LifeMD - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$8.16 M	-176.1%
2022-12-31	$-A$10.74 Million	-130.14%
2021-12-31	$A$35.61 M	-3432.38%
2020-12-31	$-A$1.07 Million	-33.74%
2019-12-31	$-A$1.62 Million	-238.61%
2018-12-31	$A$1.16 M	45.85%
2017-12-31	$A$0.79 M	-258.98%
2016-12-31	$-A$0.51 Million	-301.98%
2015-12-31	$A$0.24 M	-245.76%
2014-12-31	$-A$0.18 Million	-177.78%
2013-12-31	$A$0.21 M	68.71%
2012-12-31	$A$0.12 M	-147.07%
2011-12-31	$-A$0.28 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-A$0.56 Billion	5,700.33%	🇺🇸 USA

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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LifeMD (LFMD) - Net assets

Net assets on the balance sheet as of September 2024 : -A$9.61 Million