Block Inc - Ordinary Shares - Class A
SQ
Market Cap$34.27B
Close$
Earnings Call Q2 2024
August 1, 2024 - AI Summary
Gross profit for the second quarter was $2.23 billion, up 20% YoY, with Cash App gross profit growing by 23% and Square gross profit growing by 15%.
The company is implementing a functional organizational structure to improve collaboration and focus on technology, design, and product development.
Full-year 2024 guidance has been raised, with expected gross profit of at least $8.89 billion (18% YoY growth) and adjusted operating income of at least $1.44 billion (16% margin on gross profit).
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$55.35
12.7% downside
Current Fair Value
12.7% downsideOvervalued by 12.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $34.27 Billion |
|---|---|
| Enterprise Value | $32.57 Billion |
| Dividend Yield | $0.0 (0.0%) |
| Earnings per Share | $0.8 |
| Beta | 2.37 |
| Outstanding Shares | 556,545,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 68.73 |
|---|---|
| PEG | -26.5 |
| Price to Sales | 1.51 |
| Price to Book Ratio | 1.86 |
| Enterprise Value to Revenue | 1.39 |
| Enterprise Value to EBIT | 33.74 |
| Enterprise Value to Net Income | 39 |
| Total Debt to Enterprise | 0.19 |
| Debt to Equity | 0.32 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Square Inc
CEO: Jack Dorsey