Expensify, Inc. (Expensify) is engaged in offering a cloud-based expense management software platform that helps businesses to simplify the way they manage money. Its platform is used by people in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. It improves the experience of the actual end users of expense management software. It designs Expensify to be easy to set up, integrate, configure, and use from any device, which has enabled it to serve employees of all types and organizations of all sizes, industries, and geographies. We show 11 historical shares outstanding datapoints in our EXFY shares outstanding history coverage, used to compute EXFY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EXFY market cap history over the course of time is important for investors
interested in comparing EXFY'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 EXFY versus a peer is one thing; comparing
EXFY 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 EXFY can fluctuate over the course of history.
With this page we aim to empower investors researching EXFY by allowing them to research the EXFY market cap history. |
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Video: The Importance of Market Cap
