Locafy (LCFY) - Net Assets

Net assets on the balance sheet as of March 2025 : HK$21.2 Million

According to Locafy's latest financial reports the company has HK$21.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Locafy - Net assets on balance sheet (from 2021 to 2025)

Net assets by year

Year	Net assets	Change
2024-06-30	$HK$17.25 M	-33.77%
2023-06-30	$HK$26.05 M	-5.93%
2022-06-30	$HK$27.69 M	-669.5%
2021-06-30	$-HK$4.87 Million	-57.98%
2020-06-30	$-HK$11.58 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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Locafy (LCFY) - Net assets