LumenRadio (LUMEN.ST)

Net assets on the balance sheet as of September 2024 : A$36.31 Million

According to LumenRadio's latest financial reports the company has A$36.31 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$30.59 M	57.86%
2022-12-31	$A$19.38 M	110.95%
2021-12-31	$A$9.18 M	69.24%
2020-12-31	$A$5.42 M	11.54%
2019-12-31	$A$4.86 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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LumenRadio (LUMEN.ST) - Net assets