The Market cap of Wellness and Beauty Solutions Limited is $3.18M
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Wellness and Beauty Solutions Limited provides non-invasive and non-surgical cosmetic treatments in Australia. It operates through Clinical and Beauty Treatments and Sale of Wellness and Lifestyle Products segments. The Clinical and Beauty Treatments segment offers clinical, skin, and wellness services through a network of beauty and wellness clinics. The Sale of Wellness and Lifestyle Products segment develops, manufactures, and sells various beauty products. The company also offers hand sanitizers under the MICRO19 name. It sells its products to professionals and retail markets. The company was formerly known as Total Face Group Limited and changed its name to Wellness and Beauty Solutions Limited in November 2018. Wellness and Beauty Solutions Limited was incorporated in 2014 and is based in Scoresby, Australia.