LumenRadio (LUMEN.ST)

Net assets on the balance sheet as of September 2024 : £18.01 Million

According to LumenRadio's latest financial reports the company has £18.01 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	$£16.36 M	50.08%
2022-12-31	$£10.9 M	120.93%
2021-12-31	$£4.93 M	61.13%
2020-12-31	$£3.06 M	17.85%
2019-12-31	$£2.59 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