FlexShopper is a holding corporation. Through its subsidiaries, Co. is financial technology company that enables consumers utilizing its e-commerce marketplace to shop for brand name electronics, home furnishings and other goods on a lease-to-own (LTO) basis. Co. also license its LTO technology platforms to retailers and e-tailers to facilitate transactions directly with consumers who want to purchase products but do not have sufficient cash or available credit. Co. is engaged in providing customers the opportunity to obtain ownership of products, such as consumer electronics, home appliances, computers, smartphones, tires, jewelry and furniture, under LTO purchase agreements. We show 22 historical shares outstanding datapoints in our coverage of FPAY's shares outstanding history.
Understanding the changing numbers of FPAY shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like FPAY versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching FPAY by allowing them to research FPAY shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
