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Friday, October 24, 2014 1:34:57 PM
The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
Company size is a basic determinant of asset allocation and risk-return parameters for stocks and stock mutual funds. The term should not be confused with a company's "capitalization," which is a financial statement term that refers to the sum of a company's shareholders' equity plus long-term debt.
In Sept. 2009 (when the PR was released)
Outstanding Shares = 781,540,115 Share Price = Aprox. .013
781,540,115 x .013 = $10,160,021 Market Cap
"BOSTON, Aug. 22, 2012 /PRNewswire/ -- Evermedia Group, Inc. (OTC: EVRM) The Evermedia Group, Inc. is pleased to announce second quarter 2012 revenue of $703,620, an increase of more than 375% over the same period in 2011 and nearly 70% of all revenue generated in fiscal year 2011 as represented by company financials posted August 21, 2012.
(375% increase over one year)
This dramatic increase in revenue is largely attributable to revenue generated by an increase in site completions under the ATG contract, an award announced on May 22, 2012, and an increase in billable full time employees providing biometric and business analysis support under the PACTS contract vehicle."
$10,160,021 x (375% x 3) = $114,300,236.25
Looks pretty spot on if you ask me.
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