Lesaka Technologies, Inc. is a South Africa-based financial technology (Fintech) company. Co. utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies and value-added services to formal and informal retail merchants as well as banking, lending, and insurance solutions to consumers across Southern Africa. Co. operates through two segments: Consumer and Merchant. The Consumer segment includes activities related to the provision of financial services to customers. We show 11 historical shares outstanding datapoints in our LSAK shares outstanding history coverage, used to compute LSAK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LSAK market cap history over the course of time is important for investors
interested in comparing LSAK'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 LSAK versus a peer is one thing; comparing
LSAK 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 LSAK can fluctuate over the course of history.
With this page we aim to empower investors researching LSAK by allowing them to research the LSAK market cap history. |
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Video: The Importance of Market Cap
