Blackboxstocks Inc Stock Price, News & Analysis

Blackboxstocks, Inc. (NASDAQ: BLBX) announced a joint venture with CoinRoutes to offer retail traders proprietary analytics and a trading platform for cryptocurrencies. Blackbox aims to democratize financial trading with advanced analytics, while CoinRoutes enhances this with its patent pending order execution system. Since its inception in 2017, CoinRoutes has catered to institutional clients with high-quality order execution and market data. The partnership is expected to leverage both companies' technologies to provide better access to cryptocurrency trading for retail investors.

Blackboxstocks Inc. (NASDAQ: BLBX) announced its participation in NobleCon18, taking place from April 19-21, 2022, at the Hard Rock Hotel & Casino in Hollywood, Florida. CEO Gust Kepler, COO Eric Pharis, and CFO Bob Winspear will present a corporate overview on April 20 at 1:00 PM EDT. A video webcast of the presentation will be available the next day on the company's website. Blackboxstocks is a financial technology platform providing real-time analytics for stock and options traders, utilizing AI to analyze over 10,000 stocks and 1,500,000 options contracts.

Blackboxstocks Inc. (NASDAQ: BLBX) reported a record revenue of $1.69 million for Q4 2021, up 62% from Q4 2020. Total revenue for the year reached $6.11 million, marking an 82% increase over 2020. The gross margin for Q4 was 65.8%, improving from 52.0% in the previous year, while the 2021 gross margin stood at 69.7%. Adjusted EBITDA was $(891,516) for Q4 and $(893,386) for the year. Cash and marketable securities rose to $10.44 million as of December 31, 2021, bolstered by the IPO proceeds from November 2021.

Blackboxstocks Inc. (NASDAQ: BLBX) has announced a quarterly conference call scheduled for April 1, 2022, at 10:00am ET to discuss its fourth quarter and year-end 2021 financial results. The results will be released after market close on March 31, 2022. The company provides a unique financial technology and social media hybrid platform, offering real-time analytics for traders across various markets, including NASDAQ and NYSE. Users can subscribe for $99.97 monthly or $959.00 annually.

Blackboxstocks Inc. (NASDAQ: BLBX) has announced that Noble Capital Markets has begun company-sponsored equity research coverage. This research is led by Senior Analyst Joe Gomes and is accessible on Channelchek. Blackboxstocks offers a financial technology and social media hybrid platform for stock and options traders, featuring real-time analytics and a unique predictive technology driven by AI. The company serves a global user base, with subscription fees set at $99.97 monthly or $959 annually.

Blackboxstocks Inc. (NASDAQ: BLBX) announced a stock repurchase program allowing for the buyback of up to $2.5 million of its common stock. The program will run until December 31, 2022, and repurchase timing will depend on various factors such as share price and market conditions. CFO Robert Winspear emphasized confidence in the company’s prospects and the ability to execute this plan without affecting growth initiatives. The repurchase will comply with SEC regulations and does not obligate specific purchases.

Blackboxstocks Inc. (NASDAQ: BLBX) released a shareholder update highlighting significant milestones from 2021 and initiatives for 2022. The company uplisted to NASDAQ with a $12 million IPO, achieving record revenues estimated at $5.94-$5.98 million, up 76-78% from 2020. Membership surpassed 6,000, with ongoing initiatives to enhance user experience, including audio broadcast upgrades, native mobile apps, and expanding the development team to support faster growth. The company emphasizes commitment to transparency and community engagement, anticipating further growth in the coming year.

Blackboxstocks Inc. (NASDAQ: BLBX) reported record cash receipts of $1.2 million for November, bolstered by strong Black Friday/Cyber Monday sales. This result positions the company to achieve its projected Q4 revenue between $1.51 million and $1.56 million, reflecting a 45%-50% increase from $1.04 million in Q4 2020. Notably, $800,000 or 67% of November's cash receipts came from annual subscriptions, raising their share to 37% of the overall user base, indicating strong brand loyalty.

Blackboxstocks Inc. (NASDAQ: BLBX) reported a remarkable 422% growth in its user base since January 2020, reaching over 6,000 active paid subscribers. The company anticipates fourth-quarter revenue between $1.51 million and $1.56 million, marking a 45%-50% increase compared to $1.04 million in Q4 2020. Blackbox aims to utilize funds from a recent public offering for further product development and aggressive marketing in 2022.