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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Earnings data Q1 2022

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Earnings data Q4 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.

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

Affirm

PayPal

Buy-Now-Pay-Later (BNPL) stocks and services have become a hot item on many investors watch lists. The freedom for consumers to defer payments over time may be tempting as well as convenient for some, but experts have raised questions over their potential risks for abuse in the past.

3 Buy-Now-Pay-Later (BNPL) Stocks to Avoid Like the Plague Right Now

Hindenburg recently released a short seller report which accuses Block of allegedly overlooking key items in its operations. Block has denied the claims and stated that out of its 51 million monthly transacting actives as of Q4,22, ~44 million have been verified.

Block: Separating Fact From Fiction In The Short Seller Report

A team from Truist describes Block's Cash App as a "legitimate alternative" to traditional bank accounts.

Block Gets More Support From Wall Street. Analysts Dismiss Fraud Concerns.

Block's stock recovered late last week after it issued a detailed response to a short seller's negative report. On March 23, Hindenburg Research published a report accusing the payments company of inflating the user base of its Cash App money transfer platform and permitting criminal activity to occur there, leading Block's stock to fall 20%.

Block Stock Bounces Back After Response to Hindenburg Report

Buy-Now-Pay-Later (BNPL) stocks represent a growing form of commerce. Essentially, BNPL companies allow consumers to pay in chunks, rather than lump sums, for large purchases.

3 Buy-Now-Pay-Later (BNPL) Stocks Sitting in the Sweet Spot

APPROACHING LEAD PLAINTIFF DEADLINE IS APRIL 3, 2023 NEW YORK , April 1, 2023 /PRNewswire/ --  Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of persons and entities who purchased or otherwise acquired Block Inc. (NYSE: SQ) ("Block" or the "Company") securities during the period November 4, 2021 and April 4, 2022, including all former shareholders of Afterpay securities who acquired unregistered Block, Inc. Class A common stock (and/or corresponding SQ CHESS Depository Interests) in direct exchange for Afterpay shares pursuant to Block's January 31, 2022 acquisition and stock-for-stock merger with Afterpay. A ll investors who purchased shares and incurred losses are advised to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774.

BLOCK INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California

Activist investor Hindenburg Research responded to Block's statement on Hindenburg's earlier report justifying its short position, which was published earlier this month.

Block Silent on Promoting Song About Using CashApp to Pay for Murder: Hindenburg

Apple

Apple's launch of buy now, pay later offerings didn't move AAPL stock much, but investors in PayPal, Square and Affirm took notice. The post How Apple Pay Later Will Pressure PayPal, Cash App And Affirm appeared first on Investor's Business Daily.

How Apple Pay Later Will Pressure PayPal, Cash App And Affirm

Analysts have reiterated Buy ratings and upbeat price targets since Jack Dorsey's payments group issued a response to recent allegations.

Block's Answer to Short-Seller Claims Gets Approval. Wall Street Still Likes the Stock.

The company put the short-seller report in place.

Is Block's Response Enough to Convince Investors to Buy the Stock?

U.S. short seller Hindenburg Research said on Friday Block Inc's response to its allegations confirmed it had reported inflated user counts on its Cash App to investors for years.

Hindenburg says Block response confirms it inflated Cash App user counts

NEW YORK , March 31, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Block, Inc. (NYSE: SQ). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/block-inc-loss-submission-form-2/?id=37895&from=4 This lawsuit is on behalf of persons and entities who purchased or otherwise acquired Block securities during the period November 4, 2021 and April 4, 2022, including all former shareholders of Afterpay securities who acquired unregistered Block, Inc. Class A common stock (and/or corresponding SQ CHESS Depository Interests) in direct exchange for Afterpay shares pursuant to Block's January 31, 2022 acquisition and stock-for-stock merger with Afterpay.

SQ SHAREHOLDER ALERT: Jakubowitz Law Reminds Block Shareholders of a Lead Plaintiff Deadline of April 3, 2023

NEW YORK , March 30, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its 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. SO WHAT: If you purchased Block securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

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

One of the more impressive movers in today's market is Block (NYSE: SQ ). After surging more than 6% in early trading, shares of SQ stock have since settled down to a 3% gain.

SQ Stock Alert: Block Responds to Hindenburg Claims

A report published last week by short seller Hindenburg Research exposes key problems with Block Inc. ( SQ , Financial). According to the short seller's two-year investigation, the company has committed numbers fraud on back of accounts created by scammers, avoided regulation, dressed up predatory loans and fees as revolutionary technology and misled investors with inflated metrics.

Risk-Reward With Block

Square fired back at short-seller Hindenburg Research as SQ stock continued clawing back amid charges Cash App user metrics are inflated. The post Square Discloses Cash App User Data, Firing Back At Short Seller Hindenburg appeared first on Investor's Business Daily.

Square Discloses Cash App User Data, Firing Back At Short Seller Hindenburg

Block Inc' Cash App had more than 51 million monthly transacting active customers, of which 44 million were verified through its identity verification program as of Dec. 31.

Block says Cash App's 44 mln monthly users out of 51 mln have verified accounts

Block is a leading fintech company that provides the popular Cash App to over 50 million people. It is also known for its Square products for SMBs.

Block Hit by Devastating Short Seller Report; Should Investors Panic?

The payments group said last week Hindenburg Research's report was inaccurate and that it would explore legal action.

Block Speaks Out Again After Short-Seller's Claims. The Stock Is Rising.

The fintech has bounced back after a report by Hindenburg Research last week raised some concerns.

Why Block Stock Was Surging on Wednesday

Block was hit by a short-seller report from a prominent investment research outfit. Investors must consider every side of this story.

Block Short-Seller Report: Buy the Dip?

Block (SQ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Block (SQ) Surges 6.1%: Is This an Indication of Further Gains?

Mizuho estimates that there are at least 70% to 75% of the amount of Cash App users reported by the company—far more than what a short seller suggested.

Block Stock Got Targeted by a Short Seller. It May Not Be as Bad as It Seems, Analysts Say.

Exact Sciences

Intellia Therapeutics

UiPath

Roku

Shopify

Teladoc

Tesla

Twilio

Zoom Video

Cathie Wood (Catherine Duddy Wood) is the founder and CEO of ARK Invest. Before founding ARK Invest, Wood was with AllianceBernstein as Chief Investment Officer of Global Thematic Strategies.

These Are the Top 10 Holdings of Cathie Wood

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.

News for Block Stock (SQ)