Fonix Mobile (FNX.L)

Net assets on the balance sheet as of December 2024 : A$21.24 Million

According to Fonix Mobile's latest financial reports the company has A$21.24 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 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$A$20.28 M	13.26%
2023-06-30	$A$17.9 M	29.87%
2022-06-30	$A$13.78 M	43.08%
2021-06-30	$A$9.63 M	120.67%
2020-06-30	$A$4.36 M	10.23%
2019-06-30	$A$3.96 M	-33.08%
2018-06-30	$A$5.92 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