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FEXD (Fintech Ecosystem Development) Market Cap : $74.36 Mil (As of Nov. 28, 2024)


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What is Fintech Ecosystem Development Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Fintech Ecosystem Development's share price for the quarter that ended in Jun. 2023 was $10.56. Fintech Ecosystem Development's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 6.90 Mil. Therefore, Fintech Ecosystem Development's market cap for the quarter that ended in Jun. 2023 was $72.91 Mil.

Fintech Ecosystem Development's quarterly market cap increased from Dec. 2022 ($147.93 Mil) to Mar. 2023 ($152.12 Mil) but then declined from Mar. 2023 ($152.12 Mil) to Jun. 2023 ($72.91 Mil).

Fintech Ecosystem Development's annual market cap stayed the same from . 20 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($147.93 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Fintech Ecosystem Development's Enterprise Value for Today is $75.06 Mil.

Fintech Ecosystem Development Market Cap Historical Data

The historical data trend for Fintech Ecosystem Development's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fintech Ecosystem Development Market Cap Chart

Fintech Ecosystem Development Annual Data
Trend Dec21 Dec22
Market Cap
- 147.93

Fintech Ecosystem Development Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.61 145.19 147.93 152.12 72.91

Competitive Comparison of Fintech Ecosystem Development's Market Cap

For the Shell Companies subindustry, Fintech Ecosystem Development's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fintech Ecosystem Development's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fintech Ecosystem Development's Market Cap distribution charts can be found below:

* The bar in red indicates where Fintech Ecosystem Development's Market Cap falls into.


Fintech Ecosystem Development Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Fintech Ecosystem Development's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=$10.25*14.4325
=$147.93

Fintech Ecosystem Development's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )=Share Price (Q: Jun. 2023 )*Shares Outstanding (EOP) (Q: Jun. 2023 )
=$10.56*6.9045
=$72.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fintech Ecosystem Development  (NAS:FEXD) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Fintech Ecosystem Development Market Cap Related Terms

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Fintech Ecosystem Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fintech Ecosystem Development Corp (NAS:FEXD) » Definitions » Market Cap
Comparable Companies
FRLA INAQ TETE LIVB TRON KVSA OXUS SGII VHAQ GBBK PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
100 Springhouse Drive, Suite 204, Collegeville, PA, USA, 19426
Website
https://www.fintechecosys.com
Fintech Ecosystem Development Corp is a newly organized blank check company.
Executives
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Americas Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Robin Sue Meister director FINTECH ECOSYSTEM DEVELOPMENT CORP., 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Jenny Junkeer officer: Chief Financial Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Revofast Llc 10 percent owner 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19420
Mubasshir Karim director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Saiful Khandaker officer: Chief Executive Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Lynn Perkins director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Michael Stanley Tomczyk director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426