Block Inc Class A

Financials

Cash from operating activities 381.6 M847.83 M175.9 M100.96 M1.71 B2.58 B 2.58 B Cash from investing activities 606.64 M1.31 B1.23 B683.2 M649.95 M2.8 B 2.8 B Cash from financing activities 2.32 B2.65 B97.58 M240.14 M1.95 B613.1 M 613.1 M Free cash flow 243.2 M543.51 M5.09 M-50.19 M1.55 B2.42 B 2.42 B

Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually. Block's inaugural product Square, launched in 2009, is a point-of-sale system. It allows sellers to accept card payments and manage operations, including bookings, e-commerce, inventory, payroll, banking, and obtaining business loans. Additionally, Block's portfolio includes Cash App, a consumer-focused digital wallet introduced in 2013. This app allows users to send, receive, save or borrow money, access a debit card, invest in stocks and bitcoin, and file taxes. Block also owns Afterpay, a buy now, pay later business; Bitkey, a self-custody bitcoin wallet; Proto, a bitcoin mining system; and Tidal, a music streaming business.