Category Archives: SQ

Block (NYSE: SQ) announced its 2023 Q2 financial results on August 23, 2023. According to the announcement, total net revenue was up 25.1% (YoY, 3 months). As for revenues by accounting items, Bitcoin revenue grew the most at up 33.9%. It was followed by subscription and service-based revenue of up 33.5%. Conversely, total cost ofContinue reading “Operating Cash Flow was Up 155.2% in Block’s 2023 Q2 Results”

Block (NYSE: SQ) announced its 2023 Q1 financial results on May 4, 2023. According to the announcement, total net revenue was up 26% (YoY, 3 months). In addition, gross profit was up 32% and adjusted EBITDA was up 89%. Meanwhile, Block recorded an operating loss of 6,172 thousands USD (226,789 thousands USD in 2022 Q1).Continue reading “Adjusted EBITDA was Up 89% in Block’s 2023 Q1 Results”

Block (NYSE: SQ) announced its 2022 Q4 financial results on February 23, 2023.  According to the announcement, total net revenue was down 0.7% (TTM, YoY).  In addition, Block recorded operating loss and net loss of 624,352 million USD and 553,005 million USD, respectively (TTM).  This was due to recording share-based compensation expenses of 1,071,278 millionContinue reading “Block’s Subscription and Service-Based Revenue was Up 68.0% in 2022”

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 (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 (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 (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 (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, 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, Inc. (NYSE: SQ) announced its 2021 Q1 earning results on May 6th, 2021. According to the announcement, total net revenue was up 266.2% (3 months, YoY). The operating income and net income returned to the black. In addition, the adjusted EBITDA was up x25.4 (3 months, YoY). Moreover, the Cash App revenue was upContinue reading “Cash App Revenue was Up 665.6% in 2021 Q1”