Blackboxstocks Inc Stock Price, News & Analysis

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.

Blackboxstocks Inc. (NASDAQ: BLBX) addressed recent stock price volatility since its NASDAQ listing on November 10, 2021. CEO Gust Kepler emphasized that there has been no insider selling of shares, clarifying that 2,999,790 shares are currently tradable in the DTC system. The company aims to maintain transparency regarding rumors of share sales. Blackboxstocks offers a platform for real-time analytics for stock and options traders, with subscription fees set at $99.97 monthly or $959.00 annually.

Blackboxstocks Inc. (NASDAQ: BLBX) reported third-quarter revenues of $1,471,814, a 34% increase year-over-year, and 90% growth for the nine-month period totaling $4,425,088. However, the company recorded an operating loss of $(498,929) for Q3 and $(471,319) for the nine months. Adjusted EBITDA was $(60,635) in Q3 and $(23,320) year-to-date. Blackbox recently completed a $12 million capital raise and uplisted to Nasdaq, aiming to enhance growth without prior mobile apps. The new apps are expected to launch soon.

Blackboxstocks, Inc. (NASDAQ: BLBX) announced the closing of its public offering of 2,400,000 shares at $5.00 each on November 15, 2021, raising gross proceeds of $12 million. The offering was managed by Alexander Capital, L.P. and Revere Securities, LLC. Trading of the common stock began on the Nasdaq Capital Market on November 10, 2021. The company combines financial technology and social media, providing real-time analytics for traders and expanding its user base in 42 countries.

Blackboxstocks announced a public offering of 2,400,000 shares at $5.00 each, aiming for gross proceeds of $12 million, closing on November 12, 2021. Underwriters also have the option to purchase an additional 360,000 shares. The company has recently secured approval to trade its stock on the Nasdaq Capital Market under the ticker BLBX, effective November 10, 2021. Proceeds will be used for platform development, expanding offerings, and marketing efforts.

Blackboxstocks Inc. (OTC PINK: BLBX) reported impressive financial results for Q2 and YTD 2021, with total revenue reaching $1.46 million for the second quarter, an increase of 81% year-over-year. For the six months ended June 30, 2021, revenue totaled $3.0 million, marking a 141% increase compared to 2020. The company also reported an $117,523 loss from operations for Q2, but a net income of $46,716 for the six-month period. Decreased interest expenses further support a positive outlook, as the company anticipates continued revenue growth through technology and marketing investments.

Blackboxstocks (OTC PINK: BLBX) reported a robust performance for Q1 2021, achieving revenue of $1,489,668, a whopping 259% increase from $415,251 in Q1 2020. The company turned an operating income of $145,132, marking a positive swing of $375,845 compared to the same period last year. Cash on hand increased to $1,114,468, up $141,643 since December 31, 2020. CEO Gust Kepler highlighted the impact of the retail trading surge, further reinforcing the growth trajectory of the Blackbox platform.

Blackboxstocks (OTC PINK: BLBX) reported significant financial growth for the fiscal year ended December 31, 2020. Total revenue reached $3.37 million, up 217% from $1.06 million in 2019. The loss from operations improved to $412,698 (12% of revenue) from $1.01 million (95% of revenue) the previous year. The company achieved positive cash flow of $143,580 compared to negative $710,992 in 2019. Blackbox ended the year with a cash position of $972,825.