Agora, Inc. is a holding company. Through its subsidiaries, Co. is a software development company and is primarily engaged in providing Real-Time Engagement Platform-as-a-Service. Co.'s platform provides developers customizable application programming interfaces, to embed real-time video and voice functionalities into their applications without the need to develop the technology or build the underlying infrastructure themselves. The real-time data transmission is handled by Co.'s Software-Defined Real-Time Network, which is a virtual network overlay on top of the public internet running on more than 200 co-located data centers worldwide. We show 2 historical shares outstanding datapoints in our API shares outstanding history coverage, used to compute API market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing API market cap history over the course of time is important for investors
interested in comparing API's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of API versus a peer is one thing; comparing
API market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like API can fluctuate over the course of history.
With this page we aim to empower investors researching API by allowing them to research the API market cap history. |
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Video: The Importance of Market Cap
