Expensify is a cloud-based expense management software platform that helps businesses improve the way they manage money. Organizations use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. Co.'s financial platform provides various features that automate the preaccounting processes for businesses of all sizes, including managing expenses, capturing and managing spend via the Expensify Card and paying bills and sending invoices, all included in the Expensify platform. Co.'s capabilities of the Expensify Card include card application/setup, continuous automatic reconciliation, real-time compliance, and spend control with Smart Limits. We show 5 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
