CITLF (Critical Infrastructure Technologies) Shares Outstanding (Basic Average): 135.15 Mil (As of Mar. 2026)


CITLF Critical Infrastructure Technologies Ltd CITLF
32 GF Score
Price $0.10
! 6 Warning Signs
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What is Critical Infrastructure Technologies Shares Outstanding (Basic Average)?

Critical Infrastructure Technologies CITLF -20.46% 32 Shares Outstanding (Basic Average) is 135.15 Mil as of Mar. 2026. GuruFocus rates CITLF with a GF Score™ of 32/100. The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Critical Infrastructure Technologies's average basic shares outstanding for the quarter that ended in Mar. 2026 was 135.15 Mil.


Critical Infrastructure Technologies  (OTCPK:CITLF) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Critical Infrastructure Technologies Shares Outstanding (Basic Average) Related Terms


Critical Infrastructure Technologies Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Critical Infrastructure Technologies's Shares Outstanding (Basic Average) 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.

Critical Infrastructure Technologies Shares Outstanding (Basic Average) Chart

Critical Infrastructure Technologies Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
0.00 83.15 31.51 83.38 83.38

Critical Infrastructure Technologies Quarterly Data
Jun21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.38 83.38 103.38 126.12 135.15
CITLF
32GF Score
Critical Infrastructure Technologies Ltd CITLF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Critical Infrastructure Technologies Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 135.15 Mil mean?
Critical Infrastructure Technologies (CITLF) has a Shares Outstanding (Basic Average) of 135.15 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Critical Infrastructure Technologies and its competitors.
Is Critical Infrastructure Technologies' Shares Outstanding (Basic Average) too high?
Critical Infrastructure Technologies' current Shares Outstanding (Basic Average) is 135.15 Mil. Overall, Critical Infrastructure Technologies has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Critical Infrastructure Technologies' Shares Outstanding (Basic Average) compare to CSCO and CIEN?
Critical Infrastructure Technologies' Shares Outstanding (Basic Average) of 135.15 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Hardware company?
A good Shares Outstanding (Basic Average) depends on the Hardware industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Critical Infrastructure Technologies and its competitors. Critical Infrastructure Technologies's current Shares Outstanding (Basic Average) is 135.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Critical Infrastructure Technologies stock overvalued right now?
Critical Infrastructure Technologies (CITLF) has a current Shares Outstanding (Basic Average) of 135.15 Mil. The current Shares Outstanding (Basic Average) is 135.15 Mil. Critical Infrastructure Technologies' overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Critical Infrastructure Technologies (CITLF), the current Shares Outstanding (Basic Average) is 135.15 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Critical Infrastructure Technologies Business Description

Other Exchanges X9V:GermanyCTTT:Canada
Address 1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1
Critical Infrastructure Technologies Ltd designs and develops products that provide rapidly deployable communications and power systems to support life and mission critical applications for sectors such as the military and emergency service sectors. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.
32GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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