Welcome to our dedicated page for Blackboxstocks news (Ticker: BLBX), a resource for investors and traders seeking the latest updates and insights on Blackboxstocks stock.
Blackboxstocks Inc. (NASDAQ: BLBX) appears frequently in corporate and transaction-focused news because it operates both as a financial technology platform and as the public-company vehicle for a planned merger with REalloys Inc. Company press releases describe Blackboxstocks as a web-based analytics and social media platform for stock and options traders, while also highlighting its role in a pending acquisition of REalloys, a rare earth and high-performance magnet materials business.
News items associated with BLBX cover several recurring themes. On the fintech side, releases emphasize the platform’s real-time proprietary analytics, artificial intelligence–enhanced predictive technology, and integrated social media and live audio/screenshare features that support a global trading community. These stories focus on how the system scans major U.S. equity and options markets and presents unusual activity and volatility to users.
A substantial portion of recent BLBX news centers on REalloys as Blackboxstocks’ merger target. These announcements detail REalloys’ initiatives to build a North American mine-to-magnet rare earth supply chain, including upstream assets at Hoidas Lake in Saskatchewan, downstream metallization and magnet materials operations in Euclid, Ohio, and collaborations with partners such as the Saskatchewan Research Council, St George Mining, and government-related entities. Releases also describe letters of interest from financing institutions, memoranda of understanding with international partners, and board appointments at REalloys.
Investors following BLBX news can use this page to review company-issued updates on the proposed merger structure, amendments to the merger agreement, strategic alliances connected to the rare earth supply chain, and governance or executive changes disclosed in conjunction with the transaction. Because many of these communications include forward-looking statements and risk disclosures, they provide context on both the fintech business and the planned transition toward a combined rare earth and magnet materials enterprise.
Blackboxstocks (NASDAQ: BLBX) has partnered with Boosted.ai to enhance its financial technology platform. This collaboration will integrate Boosted.ai's advanced machine learning algorithms with Blackbox's predictive analytics, providing retail investors with sophisticated trading tools previously exclusive to institutional investors. The integration aims to deliver real-time options and stock data, along with actionable alerts for day trading and long-term investments. Blackbox's CTO Brandon Smith emphasized that this partnership signifies a major advancement in providing users with optimal trading information.
Blackboxstocks Inc. (NASDAQ: BLBX) has announced the retirement of 687,761 common shares that were repurchased under its stock repurchase plan, initiated in January 2022 with a budget of
Blackboxstocks Inc. (NASDAQ: BLBX) announced its estimated revenue for Q4 and 2022, projecting revenues between
Blackboxstocks Inc. (NASDAQ: BLBX) has appointed Keller Reid to its board of directors, replacing Andrew Malloy. Reid, with over 14 years of experience in trading systems and technology, previously worked at Ackerman Capital Management and Apex Clearing. His background includes developing a patented electronic routing algorithm. CEO Gust Kepler expressed optimism about Reid's addition, highlighting that his expertise will support the company's initiative to sell proprietary technology on an enterprise level, thus expanding its addressable market.
Blackboxstocks Inc. (NASDAQ: BLBX) has extended its $2.5 million stock buyback program to December 31, 2023. Initially started in January 2022, the program aims to boost shareholder value. By September 30, 2022, the company had repurchased 615,748 shares at a cost of $1,434,734. CEO Gust Kepler expressed confidence in the company’s prospects and highlighted plans to introduce new products in 2023.
Blackboxstocks Inc. (NASDAQ: BLBX) reported its Q3 2022 financial results, revealing a total revenue of $1,219,150, down from $1,471,814 in Q3 2021. For the nine-month period, revenue decreased to $3,890,951 from $4,425,088 in 2021. Average membership slightly declined, with 5,197 for Q3 2022 compared to 5,535 in Q3 2021. Adjusted EBITDA fell sharply to $(1,075,690) versus $(27,230) a year prior. Despite challenges, the CEO expressed optimism regarding new product developments, including the upcoming Stock Nanny app set for Q1 2023, aimed at expanding their market reach.
Blackboxstocks Inc. (NASDAQ: BLBX) will hold a quarterly conference call to discuss its Q3 2022 financial results on Tuesday, November 15, 2022, at 10:30am ET. The financial results will be released premarket on the same day. Blackboxstocks offers a financial technology platform providing real-time analytics for stock and options traders. Their subscription model is priced at $99.97 monthly or $959.00 annually, and they currently serve users in 42 countries.
Blackboxstocks Inc. (NASDAQ: BLBX) announced expected Q3 revenue of $1.15 million to $1.25 million, a decline from the previous year. CEO Gust Kepler noted that macroeconomic conditions have adversely affected their stock and customer acquisition. Despite these challenges, the company remains confident in its core product and upcoming releases, Stock Nanny and Blackbox Pro, aimed at a broader market. Kepler highlighted the company's strong balance sheet and ongoing stock buyback efforts, although SEC regulations limit their repurchase capacity.
Blackboxstocks, Inc. (NASDAQ: BLBX) will present at the H.C. Wainwright 24th Annual Global Investment Conference in New York City from
Blackboxstocks Inc. (NASDAQ: BLBX) reported second quarter 2022 revenue of $1,399,315, down from $1,463,608 in Q2 2021 but up from $1,272,486 in Q1 2022. Average member count increased to 6,181 from 5,482 year-over-year. Adjusted EBITDA stood at $(1,036,737) versus $(112,141) in the prior year. The company holds $7.1 million in cash and marketable securities. Blackbox launched its mobile app in April and continues to develop new products, including the upcoming Stock Nanny, targeting self-directed investors.