LM Funding America (LMFA)

Net assets on the balance sheet as of June 2024 : NZ$52.9 Million

According to LM Funding America's latest financial reports the company has NZ$52.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LM Funding America - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$55.12 M	-31.1%
2022-12-31	$NZ$80 M	-10.43%
2021-12-31	$NZ$89.32 M	461.97%
2020-12-31	$NZ$15.89 M	277.59%
2019-12-31	$NZ$4.2 M	-51.39%
2018-12-31	$NZ$8.65 M	585.64%
2017-12-31	$NZ$1.26 M	-79.02%
2016-12-31	$NZ$6.01 M	-34.24%
2015-12-31	$NZ$9.15 M	-732.87%
2014-12-31	$-NZ$1.45 Million	-53.32%
2013-12-31	$-NZ$3.1 Million

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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LM Funding America (LMFA) - Net assets