SQ2 0.55% $96.17 block inc.

Ann: Form 8-K Current Report, Items 2.02 and 9.01, page-59

  1. 451 Posts.
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    Income statement

    Revenue(ttm)32.68B
    1Revenue per share(ttm)13.22
    2Quarterly revenue growth(yoy)101.50%
    3Gross profit(ttm)15.36B
    4EBITDA12.38B
    5Net income avi to common(ttm)10.33B
    6Diluted EPS(ttm)4.15
    7Quarterly earnings growth(yoy)843.30%

    Hi Piggy Thanks for your insightful analysis. Interesting you quote Nvidia. I have a few shares. Kicking myself a bit as I sold a portion at $330 as I listened to all the experts saying it was overvalued. Now they are trading at nearly $500 as they revealed an insane 843% increase in their quarterly profit. Jensen the founder was quite a visionary. Nvidia not only has the best chips to power AI but he also invested in the software layer to power it as well. Now AI is booming and nearly every company needs to adopt it or get left behind Nvidia is set to maybe become the most valuable company on the planet.
    Makes me wonder about Block. They are investing nearly all their gross profits into developing Digital wallets and Bitcoin products. Wonder if it will pay off in the future. Only time will tell.
 
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