Guardforce AI (GFAI)

Net assets on the balance sheet as of December 2023 : £18.9 Million

According to Guardforce AI's latest financial reports the company has £18.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Guardforce AI - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$£19.74 M	24.84%
2022-12-31	$£15.81 M	227.16%
2021-12-31	$£4.83 M	-405.04%
2020-12-31	$-£1.59 Million	-256.6%
2019-12-31	$£1.01 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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Guardforce AI (GFAI) - Net assets