CashApp Monthly Actives

Gross Payment Volume

Revenue segments as reported by the company.

Transactions

Subscriptions & Services

Hardware

Bitcoin

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Product Development

Sales & Marketing

General & Administrative

Transaction, Loan & Advance Losses

Bitcoin impairment losses

Amortization of acquired customer assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Block

Cash App (formerly known as Square Cash) is a mobile payment service developed by Square, Inc., allowing users to transfer money to one another using a mobile phone app. As of February 18, 2018, the service recorded 7 million active users.

Square Cash

Block, Inc. engages in creating ecosystems for distinct customer audiences. It operates through the Square and Cash App segments. The Square segment provides businesses the ability to accept card payments. The Cash App segment offers an ecosystem of financial products and services to help consumers manage their money. The company was founded by Jack Patrick Dorsey and James Morgan McKelvey in February 2009 and is headquartered in Oakland, CA.

Earnings data Q1 2021

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Block (SQ) targets $1.3B EBITDA in 2023, Cash App growth

Block (SQ) is focused on achieving Rule of 40 on adjusted operating income, with a target of over 100% gross profit retention. The company is strategically aligning external disclosures with internal operations and emphasizing customer retention and real cost accountability.

Square (SQ) excels in Q1 2023, eyes global growth opportunities

Block (SQ) delivered strong Q1 2023 results with growth in key financial metrics and a positive outlook for the full year. The company's focus on profitability, compliance, and strategic growth areas positions it well for future success. Addressing challenges around risk management and sustaining growth will be crucial moving forward.

Block (SQ) reports stellar Q2 earnings, eyes growth in Cash App and strategic partnerships

Block (SQ) delivered robust Q2 2023 results with strong gross profit growth and increased profitability guidance for the year.
Cash App's performance and expansion into new demographics highlight growth potential and strategic partnerships.
Operating leverage strategies are being employed to enhance efficiency and optimize costs for sustained growth.
Challenges lie in maintaining growth momentum, disciplined risk management, and navigating competitive fintech landscape.

Square reports solid Q3 performance, eyes growth through innovation

Square's Q3 performance showcased growth in key metrics despite challenges, with a strategic focus on innovation, efficiency, and capital allocation for future success.
Cash App's evolution into a banking relationship and Square's commitment to Bitcoin highlight opportunities for expansion and leadership in digital payments.
Challenges such as system outages, macro trends impacting growth, and cost optimization require strategic adaptation and disciplined execution for sustained success.
Overall, Square's performance, strengths, challenges, and opportunities position the company well for future growth and leadership in the digital payments landscape.

Block (SQ) posts impressive Q4 earnings, eyes international expansion

Block (SQ) reported strong financials for Q4 2023, with a focus on product innovation, banking relationships, and growth opportunities. Despite challenges in certain segments, Square remains optimistic about future growth and new product launches.

Block (SQ) reports robust Q1 results, raises full-year guidance

Block (SQ) Q1 2024 earnings call highlighted strong financial performance, raised full-year guidance, and emphasized compliance efforts. The company is on track with key initiatives like Afterpay integration and product enhancements.

Square reports stellar Q2 earnings, eyes sustainable growth strategies

Square's Q2 2024 earnings call showcased robust financial performance, marked by significant growth in gross profit, EBITDA, and operating income.
The company's strategic initiatives, including reorganization, share repurchase program, and increased guidance, reflect a strong focus on long-term value creation.
While facing challenges in operational execution and market dynamics, Square remains well-positioned to capitalize on growth opportunities and drive shareholder value.
By balancing growth and profitability, Square aims to achieve sustainable success and deliver value to both investors and customers.

Square (SQ) posts strong Q3 results, eyes growth amid challenges

Block (SQ) delivered a robust performance in Q3 2024, with strong financial metrics and raised guidance for the full year, signaling confidence in future prospects.
While facing challenges such as increased expenses and regulatory impacts, Square's focus on growth opportunities like expanding margins and product strategies positions it well for future success.
Strategic initiatives around sales, marketing, efficiency gains, and product innovation underscore Square's commitment to sustainable growth and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--We intend to work with the SEC and explore legal action against Hindenburg Research for the factually inaccurate and misleading report they shared about our Cash App business today. Hindenburg is known for these types of attacks, which are designed solely to allow short sellers to profit from a declined stock price. We have reviewed the full report in the context of our own data and believe it's designed to deceive and confuse investors.

Block's Response to Inaccurate Short Seller Report

Famous short-seller Hindenburg Research has hit out against Jack Dorsey-led fin-tech company Block accusing it of fraud.

Hindenburg Research Accuses Jack Dorsey's Block of Fraud

Shares of the Jack Dorsey-led payments app Block sank dramatically Thursday after short-seller Hindenburg Research announced the company was its latest short position.  Hindenburg accused Block, formerly known as Square, of allowing criminal activity on the app due to a lack of control bordering on a “Wild West approach to compliance.

Shares of Jack Dorsey's Block payments app swoon on fraud allegations from short seller

Block (NYSE: SQ ) stock is plunging today after the release of a damning short report. Market research firm Hindenburg Research has published a detailed case against the digital payment company, accusing Block of orchestrating fraud against consumers and inflating user metrics to mislead investors.

SQ Stock Alert: Hindenburg Slams Block in New Short Report

Block, Inc. SQ shares are trading lower after Hindenburg Research issued a short report on the stock.

Why Block Stock Is Nosediving Today - Block (NYSE:SQ)

Shares of the financial tech company plunged after Hindenburg Research said it had failed to stamp out illegal activity on its platforms, including drug sales and sex trafficking.

Short Seller Accuses Jack Dorsey's Block of Facilitating Fraud

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, continues its investigation whether certain directors and officers of Block, Inc. (f/k/a Square, Inc.) (“Block”) (NYSE: SQ) for breaching their fiduciary duties to Block and its shareholders. If you are a Block shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com.

CONTINUED INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Block, Inc.'s Directors and Officers for Breach of Fiduciary Duties – SQ

Block, formerly known as Square, was having a terrible day on Thursday, with shares down by about 20% shortly after the market opened. A short-seller report accuses Block of all sorts of fraudulent and deceptive practices on the Cash App side of its business.

Block Plunges on a Short-Seller Report: Time to Sell?

Shares have more than 20%, their largest decline in three years.

Block Stock Tumbles on Hindenburg Short Seller Report

Block saw its stock tumble Thursday (March 20) after a short seller accused it of misleading investors. A report by Hindenburg Research, which the firm said is the result of a two-year investigation, said the payments company inflated the user base of its Cash App money transfer platform and allowed criminal activity to occur there.

Block Accused of ‘Wild West Approach' to Compliance

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Block, Inc. f/k/a Square, Inc. (NYSE: SQ) resulting from allegations that Block, Inc. may have issued materially misleading business information to the investing public.

EQUITY ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Block, Inc. f/k/a Square, Inc. Investors with Losses to Inquire About Class Action Investigation – SQ

Hindenburg said its two-year investigation into Block found the company "obfuscates" how many individuals are on its Cash App platform.

Block slides 20% after short-seller Hindenburg says 2-year investigation indicates the company has 'wildly overstated' genuine user counts

Hindenburg on Thursday alleged that Block overstated its user numbers and understated its customer acquisition costs.

Short seller Hindenburg accuses Jack Dorsey's Block of ‘facilitating fraud'

Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud. The post Square Plunges As Short Seller Accuses Company Of Facilitating Fraud appeared first on Investor's Business Daily.

Square Plunges As Short Seller Accuses Company Of Facilitating Fraud

Shares in Block Inc. fell after Hindenburg Research released the results of what it called a two-year investigation.

Short Seller Hindenburg Says Jack Dorsey's Payments Company Inflates User Numbers

The report caused Block to nearly instantly lose about a fifth of its market value.

Billionaires Dorsey, McKelvey Profited From Block's ‘Rampant' Fraud, Hindenburg Alleges

Shares of Jack Dorsey's Block plunged over 18% after short-seller Hindenburg Research announced the payment company was its latest short.

Block shares plunge after Hindenburg says Jack Dorsey's company facilitates fraud

Hindenburg Research on Thursday disclosed short positions in Block Inc and alleged that the Jack Dorsey-led payments firm overstated its user numbers and understated its customer acquisition costs.

Hindenburg shorts Jack Dorsey's payments firm Block, shares plunge

Block's two-sided ecosystem possesses powerful network effects, a strong competitive advantage to have. Thanks to its valuable products and services, Block has increased the switching costs for its users.

Does This Magnificent Competitive Advantage Make Block Stock a Buy?

Global X Blockchain ETF

Mastercard

After a devastating pullback, some of the top blockchain stocks to buy are starting to show significant signs of life again. Many have become screaming buys, with the industry on course to be a definite financial game-changer for millions.

The 3 Best Blockchain Stocks to Buy for the Future of Finance

Block's valuation is much more reasonable than it was a couple of years ago. The company could ride the recent cryptocurrency run.

3 Reasons to Buy This Stock Before the Next Bull Market

Amazon

Disney

Etsy

Intuitive Surgical

MercadoLibre

Realty Income Corp

Pinterest

Shopify

Here are 10 stocks that could be excellent additions to your portfolio for the rest of 2023 and for years to come.

Best Stocks To Invest In: March 2023

Green Dot

SoFi Technologies

Investors should consider finding which are the best bank stocks to buy amid this instability. Banking and insurance segments are fast-tracking digital transformation efforts to meet the rising demand for more efficient, personalized financial services.

The 3 Best Bank Stocks to Buy as Digital Transformation Accelerates

Foot Locker

Progressive

Though bank stocks  have been center stage of late, there are plenty of other noteworthy stocks to take a look at.

3 Stocks Moving Higher on Analyst Upgrades

The high interest rates increase market uncertainty and have a negative effect on the stock market. The monthly candle for February 2023 was a bearish hammer, indicating further losses in the stock price of Block, Inc.

News for Block Stock (SQ)