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0:00 / 0:00I. Business Overview and Strategy
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Block's Revenue Surges 25% to $21.9B Amid Bitcoin Boom and Core Growth

XYZ10-KFiling Date: 2/22/2024
Block, Inc.
Description

What this story covers

Block, Inc. reported 21 point 9 billion dollars net revenue in 2023, up 25 percent, driven by 34 percent bitcoin growth to 9 point 5 billion dollars and 19 percent core rise. GPV hit 227 point 7 billion dollars, Cash App actives 56 million with 248 billion dollars inflows. Turned to 9 point 8 million dollars net income via efficiency, employee cap at 12 thousand. Liquidity 7 point 7 billion dollars supports growth amid risks in competition, regulation, crypto.

Story snapshot

CompanyBlock, Inc.
TickerXYZ
VariantStandard detailed
Duration18:10
Filing type10-K
PeriodAnnual 2023
IndustryFinancial Services
Accession0001628280-24-006354

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