Next 10x Stock Winner


#1855

SHOP customers are naive people who believe their 5-item online shops can compete with amazon. These people will burn their life savings on Facebook and Google ads, and quit after a year or two.


#1856

It works out to 7.6% of revenue. That’s pretty small compared to most tech companies. They are a tech company and software engineers are expensive. They’ll keep developing new features and products. Most of the revenue is from larger businesses.

The small customers are a small percent of revenue.


#1857

what’ll happen to SQ today…


#1858

Options market is heavily tilted towards calls, so people think it’ll go up.


#1859

SQ is a pretty volatile stock…


#1860

Now it is up 3%> option buyers already make money.


#1861

I had some Jun calls, felt too close for a potential downfall. Sold some, bought some january ones. if it drops, will buy more.


#1862

SQ dropped 4% AH. Not as bad as i was thinking.


#1863

20%20PM


#1864

Square’s expenses were too high they say.

Dorsey-led Square’s quarterly loss widens as expenses soar

https://finance.yahoo.com/news/dorsey-led-squares-quarterly-loss-203457846.html


#1865

There’s also this, doesn’t affect SQ so much since amazon is online and sq is offline.


#1866

That came out during the day. Square still closed positive. PayPal dropped like a rock though.


#1867

Is this legal? It amount to dumping below cost😏 Can’t sell a physical product below cost but can sell a service below cost?


#1868

Their GM is pretty good, so they aren’t selling the product at a loss. They aren’t covering their corporate expenses. That’s super common for young companies as they scale. The troubling part is expenses are growing faster than revenue. That’s a pretty bad sign.


#1869

Square rev grew 51% and operating expenses grew 47% YoY. So rev is still growing faster.


#1870

I see 45% rev growth.

" The company saw total net revenue figures of $669, surpassing our consensus estimate of $623.75 million and growing 45% year-over-year. Adjusted revenues came in at $307 million."

GPV growth was only 31%.

https://finance.yahoo.com/news/square-sq-stock-slips-despite-213109724.html


#1871

“Q1 adjusted EBITDA of $36M vs. $27N one year ago. Adjusted revenue up 51% to $307M. Bitcoin revenue of $34M.”

Not sure what’s adjusted revenue.


#1872

bitcoin revenue 34M - is that “total volume” or their commissions" If it’s the latter, it looks huge.


#1873

GPV so total value of transactions. Their commission is a small percent of that.


#1874

Doesn’t look too bad.