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2.18%

$100.67 block inc.

My understanding was APT shareholders owned 37.5% of Block post...

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JoeGambler

7,087 Posts.

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13/03/24

02:46

Post #: 72857577
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Originally posted by elks: ↑

Yes. Gross profit not net profit. At the time of the merger Afterpay shareholders were expected to own 18.5% of the combined company. If you look at the recent quarter Afterpay made 242M in gross profit and Block made 2.003B. Afterpay accounted for 12% of Blocks GP. I think you are correct Afterpay shareholders came out better from the merger. However Block announced they are about allow their 23M Cash App Card holders to not only use their card as a debit card but they will also be able to pay in 4 using the card. BNPL is about to become a major part of Cash App. We will have to see how it goes.

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My understanding was APT shareholders owned 37.5% of Block post merger?

Last edited by JoeGambler: 13/03/24

SQ2 Price at posting: $124.88 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $100.67		Change -2.240(2.18%)		Mkt cap ! $3.954B

Open	High	Low	Value	Volume
$101.37	$101.37	$100.42	$56.90M	562.9K

Buyers (Bids)

No.	Vol.	Price($)
4	4144	$100.67

Sellers (Offers)

Price($)	Vol.	No.
$100.91	1497	1

View Market Depth

No.	Vol.	Price($)
2	519	100.600
1	1000	100.420
1	50	100.300
1	100	100.280
1	60	100.160

Price($)	Vol.	No.
100.990	141	1
101.300	200	1
101.900	200	1
102.550	500	1
104.000	25	1

Last trade - 16.10pm 24/05/2024 (20 minute delay)


Last $100.80			Change -2.240 ( 1.78 %)
Open	High		Low	Volume
$101.21	$101.22		$100.44	9154
Last updated 15.59pm 24/05/2024 ?

SQ2 (ASX) Chart