Company Block, Inc. Australian S.E.

Equities

SQ2

AU0000187353

Business Support Services

Market Closed - Australian S.E. 07:10:52 21/06/2024 BST 5-day change 1st Jan Change
94.74 AUD +1.13% Intraday chart for Block, Inc. +0.68% -18.82%

Business Summary

Block, Inc. is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. Square segment includes managed payment services, software solutions, hardware, and financial services offered to sellers, excluding those that involve Cash App. Square is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses, including enabling sellers to accept card payments, provide reporting and analytics, and facilitating next-day settlement. Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. Cash App also includes Cash App Card, which is linked to customer stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Cash App also includes the BNPL platform. Its bitcoin ecosystem includes TBD, which is an open developer platform.

Number of employees: 12,985

Sales per Business

USD in Million2022Weight2023Weight Delta
Cash App
67.0 %
10,626 60.6 % 14,682 67.0 % +38.17%
Square
32.1 %
6,700 38.2 % 7,033 32.1 % +4.98%
Corporate and Other
0.9 %
206 1.2 % 201 0.9 % -2.48%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
93.2 %
16,315 93.1 % 20,416 93.2 % +25.14%
International
6.8 %
1,217 6.9 % 1,499 6.8 % +23.20%

Managers

Managers TitleAgeSince
Chief Executive Officer 46 31/01/09
Chief Executive Officer - 31/01/23
Director of Finance/CFO 44 21/01/19
General Counsel 45 30/09/13
Corporate Officer/Principal 41 31/12/16
Corporate Officer/Principal 39 31/08/10
Comptroller/Controller/Auditor 54 28/08/16
Corporate Officer/Principal - -
Corporate Officer/Principal - 31/01/16
Sales & Marketing - 31/01/22

Members of the board

Members of the board TitleAgeSince
Director/Board Member 50 31/12/10
Director/Board Member 64 31/05/11
Director/Board Member 53 -
Chief Executive Officer 46 31/01/09
Founder 57 31/01/09
Director/Board Member 49 19/07/17
Director/Board Member 68 12/05/16
Director/Board Member 54 03/05/21
Director/Board Member 49 22/10/19
Director/Board Member 42 26/07/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 60,496,000 0 0 88.41 %
Stock B 1 556,545,000 545,519,547 ( 98.02 %) 0

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
6.560 %
36,511,250 6.560 % 2 340 M $
Fidelity Management & Research Co. LLC
5.271 %
29,336,927 5.271 % 1 880 M $
BlackRock Advisors LLC
4.345 %
24,183,835 4.345 % 1 550 M $
Eaton Vance Management
3.101 %
17,258,190 3.101 % 1 106 M $
Capital Research & Management Co. (World Investors)
2.353 %
13,096,614 2.353 % 839 M $
Sands Capital Management LLC
2.147 %
11,947,814 2.147 % 766 M $
11,765,963 2.114 % 754 M $
ARK Investment Management LLC
1.807 %
10,054,329 1.807 % 644 M $
9,756,991 1.753 % 625 M $
Wellington Management Co. LLP
1.538 %
8,558,211 1.538 % 548 M $
NameEquities%Valuation
Russell Investment Management Ltd.
0.0766 %
426,308 0.0766 % 28 M $
BetaShares Capital Ltd.
0.0291 %
161,912 0.0291 % 11 M $
Storebrand Asset Management AS
0.006408 %
35,666 0.006408 % 2 M $
Sjunde AP-fonden
0.004049 %
22,533 0.004049 % 1 M $
Smartshares Ltd.
0.003997 %
22,246 0.003997 % 1 M $
Antares Capital Partners Ltd.
0.001626 %
9,050 0.001626 % 593 805 $
UBS Asset Management (Hong Kong) Ltd.
0.000280 %
1,557 0.000280 % 102 161 $
Mercer Global Investments Europe Ltd.
0.000206 %
1,144 0.000206 % 75 062 $
State Street Global Advisors, Australia, Ltd.
0.000202 %
1,123 0.000202 % 73 684 $
The Trustee for Aware Super
0.000157 %
872 0.000157 % 57 215 $
NameEquities%Valuation
47,844,566 77.04 % 3 066 M $
12,259,025 19.74 % 786 M $
201,019 0.3237 % 13 M $
0 0.000000 % - $
0 0.000000 % - $

Holdings

NameEquities%Valuation
140,905,053 19.97% 7,777,959 $

Company contact information

Block, Inc.

1955 Broadway Suite 600

94612-2205, Oakland

+415 375 3176

http://block.xyz
address Block, Inc.(SQ2)

Group companies

NameCategory and Sector
Square AU Pty Ltd.
Miscellaneous Commercial Services
Miscellaneous Commercial Services

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
48
Last Close Price
62.97 USD
Average target price
90.91 USD
Spread / Average Target
+44.37%
Consensus