| LM Funding America is a holding company. Through its subsidiaries, Co. is engaged as a finance company that provides funding to nonprofit community associations. Co. provides incorporated nonprofit community associations (Associations) a variety of financial products customized to each Association's financial needs. Co.'s original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts. Co. is also engaged as a health insurance broker, which provides global medical insurance products for international travelers, focusing on policies covering destinations, markets and foreign travelers coming to the United States. We show 17 historical shares outstanding datapoints in our LMFA shares outstanding history coverage, used to compute LMFA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LMFA market cap history over the course of time is important for investors
interested in comparing LMFA'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 LMFA versus a peer is one thing; comparing
LMFA 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 LMFA can fluctuate over the course of history.
With this page we aim to empower investors researching LMFA by allowing them to research the LMFA market cap history.