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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

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

Nu Holdings

The two fintechs benefited from a positive development in the banking sector. Investors clearly believe U.S. lenders and affiliated companies are safe from meltdown, at least for the moment.

Why Fintech Stocks Nu Holdings and Block Popped Today

Hindenburg Research put out a short report on Block last week. The major allegation is that the research team believes Block is knowingly facilitating fraud and crimes through its platform.

Are the Short-Sellers Right About Block?

Big Lots

Cinemark Holdings

Cutera

Ebix

GEO Group

GameStop

Medical Properties Trust

PetMed Express

Children's Place

Trupanion

Voya Financial

Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.

Short Sellers Are Betting Serious Money 11 Stocks Will Crash Soon

On March 23, 2023, short-seller Hindenburg Research released a scathing report accusing Block Inc. (NASDAQ: SQ) of inflating user metrics and facilitating fraud to enable insiders to profit over $1 billion. It sent shares of SQ crumbling by over (15%) as well as dragging down its payments and e-commerce platform competitor PayPal Holdings Inc. (NASDAQ: PYPL) by (3%).

Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?

Hindenburg Alleges the Cash App is used by Criminals.

Why Block (SQ) is a Buy After Hindenburg's Short Report

The fintech took a nosedive after a major short report accused it of fraud -- is this an opportunity?

Is Block a Buy After Plunging 20% in a Short-Seller Attack?

Hindenburg's estimate of downside risk is based on poor logic. The report focuses on only 1 of Block's 3 major reportable segments.

Block Out The Noise: The Hindenburg Report

The fintech was still suffering the effects of a blistering short-seller's report. In the report, Block was all but accused of fraud.

Why Block Stock Got Rocked Again on Friday

While many tech stocks have continued to rise this year, Block (SQ) stock had its worst week in over three years after short-seller Hindenburg Research questioned its business operations.

Time to Buy the Recent dip in Block (SQ) Stock?

Yesterday, Hindenburg issued a long short report on Block and the stock dropped 15%. I have read the full report and categorize the accusations in two categories: nothingburgers and more substantial claims.

The Hindenburg Block Short Report Examined In Detail

With the scathing Hindenburg Research report making its rounds on Wall Street, there may not be a better time to see which investors have long-term faith in Block (NASDAQ: SQ ) stock. Indeed, the notorious short-selling research firm has identified the credit card payment company as potentially grossly overvalued.

3 Investors Betting Big on Block (SQ) Stock

Hindenburg Research put out a short report on Block. It alleges that transactions based on fraud and criminal activity are common on the Cash App, and that the company is doing too little to address them.

Why Block Shares Sank 20% This Week

Block Inc (NYSE: SQ) remains in focus this morning after Hindenburg Research grilled the financial technology company in its latest short sell report. Hindenburg's take on Block shares Hindenburg accused the multinational this week of misrepresenting the number of genuine active users it has on Cash App.

Block share price continues to tumble after Hindenburg report

ARK Fintech Innovation ETF

ARK Web x.0 ETF

Global X Blockchain ETF

First Trust SkyBridge Crypto Industry and Digital Economy ETF

Fidelity Covington Trust-Fidelity Crypto Industry And Digital Payments Etf

Block (SQ) lost about 15% on Mar 23 as renowned short seller Hindenburg alleged the company for permitting criminal activity with less strict controls and inflating its transacting user base.

Time to Buy Crypto ETFs on Hindenburg-Led Block Plunge?

Block (NYSE: SQ ) stock is a hot topic among traders on Friday after the company was targeted in a Hindenburg short report. That report had Hindenburg calling out SQ stock with concerns about CashApp.

SQ Stock Receives Downgrade Following Hindenburg Short Report

Block Under Fire: Analyzing Hindenburg Research's Short Report

Analysts at Wedbush Securities have reiterated their ‘Neutral' rating and $70 price target for Block after the payments app's stock came under pressure on Thursday amid fraud allegations by short-seller Hindenburg Research.  Shares of Square's parent company Block closed down 14.8% on Thursday and fell another 3% to US60.10 shortly after the opening bell in New York on Friday.

Block retains US$70 price target from Wedbush after fraud allegations

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Block, Inc. (“Block” or the “Company”) (NYSE: SQ) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Block, Inc. (SQ) on Behalf of Investors

Hindenburg Research accused Dorsey's payments company Block of skirting banking laws and helping clients take advantage of COVID stimulus payments.

Jack Dorsey's wealth falls by $526M after Hindenburg takedown of Block

Cathie Wood's ARKK funds were big buyers of Block (NASDAQ: SQ ) stock on March 23, supporting CEO Jack Dorsey against a short report from Hindenburg Research. Wood's funds bought 300,000 Block shares while they were falling 15%.

Cathie Wood Just Bought More Block (SQ) Stock

A short-seller's report on Block caused its stock price to drop roughly 15% on Thursday. Is there some truth in the message that investors can learn from?

Block Stock Plunges: Uncovering the Truth Behind the Short Report

Block (NYSE: SQ ) stock is falling 3% in early trading after plunging 14.8% yesterday, and the name is trending on Yahoo Finance. Today Block issued a five-sentence statement responding to accusations against it made by short-seller Hindenburg Research.

SQ Stock Alert: Block Responds to Hindenburg in 5 Sentences

LOS ANGELES--(BUSINESS WIRE)---- $SQ #SQ--The Schall Law Firm Announces it is Investigating Claims Against Block, Inc.

INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors with Losses to Contact the Firm

Block co-founder Jack Dorsey's net worth has tumbled by more than half a billion dollars after short-seller Hindenburg Research accused the payments app of misleading investors with “inflated metrics.”    Dorsey, who also founded Twitter, saw his net worth tumble by $526mln or 11% to $4.4bln, according to Bloomberg's Billionaires Index.

Block co-founder Jack Dorsey's net worth takes $526mln hit after Hindenburg short

Coinbase

Tesla

ARK Innovation ETF

Cathie Wood, ARK Invest unloaded $26 million in Tesla stock Thursday to buy the dip on Coinbase as shares tumbled following a SEC warning. The post Tesla Stock: Cathie Wood Sells $27 Million Of TSLA, Buys The Dip On Coinbase, Block appeared first on Investor's Business Daily.

News for Block Stock (SQ)