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Block Inc CDI
Previous close
$138.69
Day range
$136.62 - $138.49
Year range
$86.75 - $143.95
Market cap
56.09B USD
Avg Volume
319.59K
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 5.98B | 6.38% |
Operating expense | 1.93B | 0.90% |
Net income | 283.75M | 419.77% |
Net profit margin | 4.75 | 400.63% |
Earnings per share | 0.88 | 60.00% |
EBITDA | 414.93M | 300.01% |
Effective tax rate | 13.27% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 8.86B | 41.26% |
Total assets | 36.36B | 11.67% |
Total liabilities | 16.45B | 11.69% |
Total equity | 19.91B | — |
Shares outstanding | 619.81M | — |
Price to book | 4.29 | — |
Return on assets | 2.30% | — |
Return on capital | 3.14% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 283.75M | 419.77% |
Cash from operations | 684.76M | 39.42% |
Cash from investing | 105.69M | 160.77% |
Cash from financing | 71.74M | 122.45% |
Net change in cash | 915.57M | 2,526.07% |
Free cash flow | 545.02M | -0.55% |
About
Block, Inc. is an American technology company offering financial services to consumers and businesses. Founded in 2009 by Jack Dorsey, it leads the U.S. point-of-sale systems market. As of 2023, Block serves 56 million users and 4 million businesses, processing $228 billion in payments annually.
Block's inaugural product Square, launched in 2009, is a point-of-sale system. It allows businesses to accept card payments and manage operations, including bookings, e-Commerce, inventory, payroll, shift scheduling, banking, and obtaining business loans. Additionally, Block's portfolio includes Cash App, a consumer-focused digital wallet service introduced in 2013. This service allows users to send, receive or save money, access a debit card, invest in stocks and bitcoin, apply for personal loans, and file taxes. Block also owns Afterpay, a buy now, pay later service; Bitkey, a self-custody bitcoin wallet service; a bitcoin mining hardware business; and Tidal, a music streaming service. Wikipedia
CEO
Founded
Feb 2009
Employees
12,000