Fonix Mobile (FNX.L)

Net assets on the balance sheet as of December 2023 : S$17.31 Million

According to Fonix Mobile's latest financial reports the company has S$17.31 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fonix Mobile - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$S$16.06 M	21.55%
2022-06-30	$S$13.21 M	35.86%
2021-06-30	$S$9.72 M	133.05%
2020-06-30	$S$4.17 M	10.86%
2019-06-30	$S$3.76 M	-36.98%
2018-06-30	$S$5.97 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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Fonix Mobile (FNX.L) - Net assets