First chart shows that while the average age of companies at initial public offering varies from year to year between 2003 and 2024, it generally stays between roughly 10 and 20 years old, without a significant overall trend upward or downward. There’s a noticeable dip in the average age in 2020 and 2021, likely due to uncertainty caused by the pandemic. Second chart shows the number of companies completing initial public offerings (IPOs) each year from 2003 to 2024. The number of IPOs generally varies between about 50 and 225 each year during the time period, apart from spikes in 2020 and 2021 that are likely due to pandemic-related factors. Otherwise, there isn’t a clear overall upward or downward trend.