LifeMD (LFMD) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$16.02 Million

According to LifeMD's latest financial reports the company has -HK$16.02 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	$HK$43.47 M	-176.16%
2022-12-31	$-HK$57.08 Million	-128.35%
2021-12-31	$HK$0.20 B	-3260.31%
2020-12-31	$-HK$6.38 Million	-27.56%
2019-12-31	$-HK$8.8 Million	-237%
2018-12-31	$HK$6.41 M	31.92%
2017-12-31	$HK$4.86 M	-273.48%
2016-12-31	$-HK$2.81 Million	-299.96%
2015-12-31	$HK$1.4 M	-229.65%
2014-12-31	$-HK$1.09 Million	-171.38%
2013-12-31	$HK$1.51 M	44.87%
2012-12-31	$HK$1.04 M	-147.61%
2011-12-31	$-HK$2.2 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-HK$2.61 Billion	16,178.42%	🇺🇸 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 June 2024 : -HK$16.02 Million