Block’s Subscription Related Revenue was Up 71.5% in 2022 Q3 Results

Block (NYSE: SQ) announced 2022 Q3 financial results on November 3, 2022. According to the announcement, total revenue was up 17.4% (3 months, YoY). In addition, adjusted EBITDA was up 40.3%. On the other hand, Block has recorded negative operating loss and net loss of 48,789 thousand USD and 18,744 thousand USD, respectively (3 months). Continue reading “Block’s Subscription Related Revenue was Up 71.5% in 2022 Q3 Results”

Block is continuously recording Operating Loss and Net Loss

Block (NYSE: SQ) announced its 2022 Q2 financial results on August 4, 2022. According to the announcement, total net revenue was down 6% (3 months, YoY). Operating loss and net loss were 214 million USD and 209 million USD, respectively. Meanwhile, gross profit was up 29% (3 months, YoY). Due to Block’s aggressive upfront investment,Continue reading “Block is continuously recording Operating Loss and Net Loss”

Block is aggressively conducting Upfront Investment 

Block (NYSE: SQ) announced its 2022 Q1 financial results on May 5, 2022.  According to the announcement, total net revenue was up 28% (YoY, 3 months).  Meanwhile, Block recorded an operating and net losses of 227 million USD and 207 million USD, respectively. Among Block’s operating and net losses, share-based compensation accounts for 275 millionContinue reading “Block is aggressively conducting Upfront Investment “

Block, Inc. recorded Negative Free Cash Flow in Full Year of 2021

Block (NYSE: SQ) announced 2021 Q4 financial results on February 24th, 2021. According to the announcement, Block recorded operating loss and net loss for the quarterly basis, with the amount of net loss of 81 million USD (3 months) despite total net revenue was up 29% (YoY, 3 months). One of main causes of theContinue reading “Block, Inc. recorded Negative Free Cash Flow in Full Year of 2021”

Square recorded Net Loss in 2021 Q3 Financial Results

Square (NYSE: SQ) announced its 2021 Q3 financial results on November 4, 2021. According to the announcement, total net revenue was up 27% (3 months, YoY). On the other hand, operating income was down 53% . In addition, Square recorded a net loss of 2.9 million USD in the three months ending September 30, 2021.Continue reading “Square recorded Net Loss in 2021 Q3 Financial Results”

Square’s Adjusted EBITDA recorded Triple-Digit Growth

Square, Inc. (NYSE: SQ) announced 2021 Q2 financial results on August 1st. According to the announcement, total revenue and adjusted EBITDA were up 142.2% and 267.4%, respectively (YoY, 3 months). In addition, operating income was 125 million USD. Its net income was 204 million USD. In 2020 Q2, Square had recorded operating loss and netContinue reading “Square’s Adjusted EBITDA recorded Triple-Digit Growth”

Square announced fewer Growth of Net Revenue in 2020 Q4 compared to that in Q3

Square, Inc. (NYSE: SQ) announced its 2020 Q4 and annual earning results on February 23rd, 2021. As a result, total net revenue in 2020 Q4 was up 140.1%, with surprising growth of Bitcoin revenue of up 889.0% (YoY). For the full year, total net revenue was up 101.4% and Bitcoin revenue was up 785.2% (YoY). Continue reading “Square announced fewer Growth of Net Revenue in 2020 Q4 compared to that in Q3”

What’s the Impact of Economic Reopening on Square’s Performance?

On November 5th, 2020, Square Inc. (NYSE: SQ), a mobile payment giant, announced a significant increase in its total revenue in its 2020 Q3 earning results, owing to the revenue growth of mobile app Cash App. As a result, on the following November 6th, its stock price surged by 13%. Meanwhile, on November 9th andContinue reading “What’s the Impact of Economic Reopening on Square’s Performance?”

Bitcoin Revenue recorded Up x11 in 2020 Q3 Earning Results of Square Inc.

Square Inc. (NYSE: SQ) announced its 2020 Q3 earning results on November 5th, 2020. According to the announcement, net revenue, gross profit and adjusted EBITDA grew 140%, 59% and 38%, respectively. In addition, gross profit of mobile app Cash App grew 212%. Cash App provides users with solutions to spend, send, store, and invest theirContinue reading “Bitcoin Revenue recorded Up x11 in 2020 Q3 Earning Results of Square Inc.”

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