| FlexShopper is a holding corporation. Through its subsidiary, FlexShopper, LLC, Co. is engaged in providing ownership of products, such as consumer electronics, home appliances, computers (including tablets and wearables), smartphones, tires, jewelry and furniture (including accessories), under lease-to-own (LTO) purchase agreements. Co.'s customers can acquire brands such as Samsung, Frigidaire, Hewlett-Packard, LG, Whirlpool, Simmons, Philips, Ashley, Apple and others. Co. has developed and is processing LTO transactions using its LTO Engine, its proprietary technology that automates the process of consumers receiving spending limits and entering into leases for goods to within seconds. We show 13 historical shares outstanding datapoints in our FPAY shares outstanding history coverage, used to compute FPAY market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FPAY market cap history over the course of time is important for investors
interested in comparing FPAY'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 FPAY versus a peer is one thing; comparing
FPAY 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 FPAY can fluctuate over the course of history.
With this page we aim to empower investors researching FPAY by allowing them to research the FPAY market cap history.