Block Overview
- Founded
-
2009
- Status
-
Public
- Employees
-
8,521
- Stock Symbol
-
SQ
- Investments
-
50
- Share Price
-
$63.90
- (As of Friday Closing)
Block General Information
Description
Founded in 2009, Block provides payment acquiring services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. Block has operations in Canada, Japan, Australia, and the United Kingdom; about 5% of revenue is generated outside the U.S.
Contact Information
Website
www.block.xyz
Formerly Known As
Square, Inc., Square
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Stock Exchange
NYS
Primary Office
- 1455 Market Street
- Suite 600
- San Francisco, CA 94103
- United States
Block Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $63.90 | $61.46 | $56.01 - $289.23 | $37.1B | 581M | 18.9M | -$0.10 |
Block Financials Summary
|
In Thousands, USD |
TTM 31-Mar-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 | FY 2019 31-Dec-2019 |
|---|---|---|---|---|
| EV | 76,068,899 | 72,432,281 | 96,077,811 | 26,111,675 |
| Revenue | 16,564,578 | 17,661,203 | 9,497,578 | 4,713,500 |
| EBITDA | 132,673 | 325,343 | 357,122 | 475,327 |
| Net Income | (76,923) | 166,284 | 213,105 | 375,446 |
| Total Assets | 29,127,467 | 13,925,764 | 9,869,550 | 4,551,258 |
| Total Debt | 5,153,542 | 5,516,240 | 3,493,427 | 1,074,937 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Block Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Block Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Block Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Founded in 2009, Block provides payment acquiring services to merchants, along with related services. The company also l
Financial Software
San Francisco, CA
8,521
As of 2021
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Add Comparison
Block Competitors (52)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Paysafe Group | Formerly PE-Backed | London, United Kingdom | 0000 | 000 | 000000000 | 000 |
| 0000 | Formerly VC-backed | San Francisco, CA | 000 | 00000 | 000000000 | 00000 |
| 000000000 | Formerly PE-Backed | Dallas, TX | 0000 | 000000000000 | ||
| 0000 (00000 000000 | Corporate Backed or Acquired | Phillip, Australia | 00 | 000000&0 | ||
| 00000 | Formerly VC-backed | Amsterdam, Netherlands | 0000 | 00.000 | 00000000000 |
Block Patents
Block Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11176531-B1 | Integration of payment processing platform with payment making platform for differentiated payment allocations using cryptocurrency | Active | 31-Mar-2021 | 0000000000 | 0 |
| US-11184306-B1 | Contextual communication routing methods and systems | Active | 29-Dec-2020 | 000000000 | 00 |
| US-11100490-B1 | Application integration for contactless payments | Active | 10-Sep-2020 | 00000000000 | 00 |
| US-11055692-B1 | Application integration for contactless payments | Active | 10-Sep-2020 | 00000000000 | 0 |
| US-11064047-B1 | Accessibility of instant application data via associated application | Active | 30-Jul-2020 | G06F8/61 | 0 |
Block Executive Team (74)
Block Board Members (24)
| Name | Representing | Role | Since |
|---|---|---|---|
| Amy Brooks | Self | Board Member | 000 0000 |
| Anna Patterson Ph.D | Self | Board Member | 000 0000 |
| Darren Walker JD | Self | Board Member | 000 0000 |
| David Viniar | Self | Board Member | 000 0000 |
| Jack Dorsey | Block | Co-Founder, Head & Chairman | 000 0000 |
Block Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Block Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Block Investments & Acquisitions (50)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000 (0000000 | 14-Jun-2022 | 00000 0000 | 00000 | Financial Software | |
| 00000000 | 18-May-2022 | 0000000000 | Media and Information Services (B2B) | ||
| 00000 | 16-Mar-2022 | 00000 0000 | 000.00 | Financial Software | |
| 00000 | 10-Feb-2022 | 00000 0000 | 0000 | Financial Software | 0000 0000 |
| MoviiRed | 09-Feb-2022 | Later Stage VC | 0000 | Financial Software |
Block Subsidiaries (9)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| GoParrot | Media and Information Services (B2B) | New York, NY | 2016 |
| 00000 | Business/Productivity Software | Toronto, Canada | 0000 |
| 00000000 | Application Software | Melbourne, Australia | 0000 |
| 00000 | Financial Software | Barcelona, Spain | 0000 |
| 0000 (000000000000 | Communication Software | San Francisco, CA | 0000 |
Block Exits (3)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 0000000 000000000 | 01-Sep-2019 | 00000 00000 00 | 000.00 | Completed |
|
| 0000000000 | 01-Sep-2017 | 00000 00000 00 | 0000 | Completed |
|
| Caviar | 04-Aug-2014 | Merger/Acquisition | 000.00 | Completed |