Blackboxstocks Inc Stock Price, News & Analysis

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.

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.