Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of September 2024 : €61.73 Million

According to Payfare Inc.'s latest financial reports the company has €61.73 Million 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	$€48.59 M	45.77%
2022-12-31	$€33.33 M	2.88%
2021-12-31	$€32.4 M	-517.93%
2020-12-31	$-€7.76 Million	-672.03%
2019-12-31	$€1.35 M	-200.84%
2018-12-31	$-€1.35 Million	-906.75%
2017-12-31	$€0.16 M	-47.56%
2016-12-31	$€0.31 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