Delta-Fly Pharma (TSE:4598) Shares Outstanding (Basic Average): 12.23 Mil (As of Mar. 2026)

Delta-Fly Pharma TSE:4598 +2.27% 30 Shares Outstanding (Basic Average) is 12.23 Mil as of Mar. 2026. GuruFocus rates TSE:4598 with a GF Score™ of 30/100. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Delta-Fly Pharma's average basic shares outstanding for the quarter that ended in Mar. 2026 was 12.23 Mil.

Delta-Fly Pharma (TSE:4598) 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.

Delta-Fly Pharma Shares Outstanding (Basic Average) Related Terms

Delta-Fly Pharma Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Delta-Fly Pharma'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.

Delta-Fly Pharma Shares Outstanding (Basic Average) Chart

Delta-Fly Pharma Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Shares Outstanding (Basic Average)

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5.42

5.67

7.19

8.80

11.58

Delta-Fly Pharma Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Shares Outstanding (Basic Average)	Get a 7-Day Free Trial													7.19	8.23	9.37	10.93	12.23

30GF Score

Delta-Fly Pharma Inc TSE:4598

Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.

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Delta-Fly Pharma 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.

Frequently Asked Questions Learn more about Shares Outstanding (Basic Average) →

What does a Shares Outstanding (Basic Average) of 12.23 Mil mean?

Delta-Fly Pharma (TSE:4598) has a Shares Outstanding (Basic Average) of 12.23 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Delta-Fly Pharma and its competitors.

Is Delta-Fly Pharma's Shares Outstanding (Basic Average) too high?

Delta-Fly Pharma's current Shares Outstanding (Basic Average) is 12.23 Mil. Overall, Delta-Fly Pharma has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.

How does Delta-Fly Pharma's Shares Outstanding (Basic Average) compare to VRTX and REGN?

Delta-Fly Pharma's Shares Outstanding (Basic Average) of 12.23 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?

A good Shares Outstanding (Basic Average) depends on the Biotechnology 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 Delta-Fly Pharma and its competitors. Delta-Fly Pharma's current Shares Outstanding (Basic Average) is 12.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Delta-Fly Pharma stock overvalued right now?

Delta-Fly Pharma (TSE:4598) has a current Shares Outstanding (Basic Average) of 12.23 Mil. The current Shares Outstanding (Basic Average) is 12.23 Mil. Delta-Fly Pharma's overall GF Score™ is 30/100 with 2 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 Delta-Fly Pharma (TSE:4598), the current Shares Outstanding (Basic Average) is 12.23 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.