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Luokung Technology (FRA:78IB) Market Cap : €8.77 Mil (As of May. 27, 2024)


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What is Luokung Technology 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). Luokung Technology's share price for the quarter that ended in Jun. 2023 was €0. Luokung Technology's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 1.41 Mil. Therefore, Luokung Technology's market cap for the quarter that ended in Jun. 2023 was €0.00 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. Luokung Technology's Enterprise Value for Today is €9.36 Mil.


Luokung Technology Market Cap Historical Data

The historical data trend for Luokung Technology'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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Luokung Technology Market Cap Chart

Luokung Technology Annual Data
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Market Cap
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Luokung Technology Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Luokung Technology's Market Cap

For the Software - Application subindustry, Luokung Technology'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.


Luokung Technology's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, Luokung Technology's Market Cap distribution charts can be found below:

* The bar in red indicates where Luokung Technology's Market Cap falls into.



Luokung Technology 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.

Luokung Technology'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 )
=€0*1.405
=

Luokung Technology'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 )
=€0*1.405
=€0.00

* 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.


Luokung Technology  (FRA:78IB) 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.


Luokung Technology Market Cap Related Terms

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Luokung Technology (FRA:78IB) Business Description

Traded in Other Exchanges
Address
No. 9, Guanghua Road, Miss. Qinyu Zhao B9-8, Block B, SOHO Phase II, Chaoyang District, Beijing, CHN, 100020
Luokung Technology Corp is a mobile service and technology provider for the long-distance travel and railway Wi-Fi market in China. Its mobile application product Luokuang platform is a Location-based Service social content and service distribution platform. It offers personalized and precise services to long-distance travelers in two locations: on the train and at the destination. Its offerings include entertainment services including video and audio, digital reading material, games specific, and social services.

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