Block, Inc.
Foreign stocks · NYSE · Finance · Payment technology
Provides payment acceptance for merchants through Square and the Cash App digital wallet for consumers, with revenue from transaction fees, small consumer loans and bitcoin trading on the platform
For every 100 dollars of sales: cost of sales 57 · operating expenses 36 · tax and other items 2 · leaving 5 as net profit
Investors in Thailand can buy XYZ through 12 mutual funds open to retail investors. Most of them (12 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds XYZ.
| Fund | XYZ weight | How it invests | 1-year return |
|---|---|---|---|
 ASP-DAPP 3M5Asset Plus Digital Transformation Fund 3M5 | 7.44% | Via DAPP | −35.27% |
 DAOL-DAPPDAOL DIGITAL TRANSFORMATION FUND | 7.42% | Via DAPP | −47.53% |
 LHGBLOCK-ALH GLOBAL BLOCKCHAIN FUND | 5.72% | Via several master funds (VanEck Digital Transformation) | −52.83% |
 MFTECHMFC Fintech Innovation Fund | 4.96% | Via several master funds (ARK Blockchain & Fintech Innovation) | −23.31% |
 SCBFINTEC(SSFE)SCB Fintech Innovation | 4.17% | Via several master funds (ARK Fintech Innovation, AMPLIFY MOBILE PAYMENTS) | −17.96% |
 B-FINTECHBualuang FinTech Fund | 4.11% | Via BGF FinTech Fund | −14.88% |
 TFINTECHTISCO FinTech Fund | 4.07% | Via BGF FinTech Fund | −18.24% |
 ES-FINTECHEastspring Fintech Innovation Fund | 3.69% | Via several master funds (ARK Fintech Innovation, AMPLIFY MOBILE PAYMENTS, Global X Japan Fintech) | −19.58% |
| DAOL-OSHOPDAOL ONLINE SHOPPING AND PAYMENT FUND | 3.14% | Via several master funds (VanEck Digital Transformation, VANECK RETAIL, AMPLIFY ONLINE RETAIL) | −20.88% |
| DAOL-CYBERDAOL NEXT GENERATION INTERNET FUND | 3.00% | Via several master funds | −26.82% |
Yearly average over the last 4 years · Latest annual sales 24.2B USD
For every 100 dollars of sales, about 5 dollars is left as net profit
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
Now 2.0% below its 1-year high
| Item (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total revenue | 17.7B USD | 17.5B USD | 21.9B USD | 24.1B USD | 24.2B USD |
| Gross profit | 4.4B USD | 6.0B USD | 7.5B USD | 8.9B USD | 10.4B USD |
| Operating profit | 161.0M USD | −625.0M USD | −279.0M USD | 892.0M USD | 1.7B USD |
| Net profit | 166.0M USD | −541.0M USD | 10.0M USD | 2.9B USD | 1.3B USD |
| EPS (diluted) | 0.33 | −0.93 | 0.02 | 4.56 | 2.10 |
| Gross margin | 25.0% | 34.2% | 34.2% | 36.9% | 42.8% |
| Operating margin | 0.9% | −3.6% | −1.3% | 3.7% | 7.1% |
| Net margin | 0.9% | −3.1% | 0.0% | 12.0% | 5.4% |
| Operating cash flow | 848.0M USD | 176.0M USD | 101.0M USD | 1.7B USD | 2.6B USD |
| Free cash flow | 714.0M USD | 5.0M USD | −50.0M USD | 1.6B USD | 2.4B USD |
| Total assets | 15.0B USD | 31.4B USD | 33.0B USD | 36.8B USD | 39.6B USD |
| Total liabilities | 11.7B USD | 14.1B USD | 14.3B USD | 15.5B USD | 17.4B USD |
| Shareholders' equity | 3.3B USD | 17.3B USD | 18.7B USD | 21.2B USD | 22.2B USD |
| Period | SMA | EMA | Price vs line |
|---|---|---|---|
| 10 days | 78.84 | 80.65 | Above |
| 20 days | 78.25 | 79.00 | Above |
| 50 days | 77.92 | 78.16 | Above |
| 100 days | 78.63 | 76.97 | Above |
| 200 days | 71.58 | 74.38 | Above |
| Indicator | Value | Signal |
|---|---|---|
| RSI(14) | 64.25 | Up |
| MACD(12,26) | 1.51 | Up |
| ADX(14) | 22.35 | Neutral |
| ATR(14) % of price | 2.30 | Neutral |
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
DAOLINV3ASSETFUND1LHFUND1MFC1SCBAM1BBLAM1TISCOASSET1EASTSPRING1| Fund | XYZ weight | Master fund | 1-year return | TER |
|---|---|---|---|---|
| ASP-DAPP 3M5 | 7.44% | DAPP | −35.27% | 5.17% |
| DAOL-DAPP | 7.42% | DAPP | −47.53% | 1.97% |
| LHGBLOCK-A | 5.72% | several master funds (VanEck Digital Transformation) | −52.83% | 2.22% |
| MFTECH | 4.96% | several master funds (ARK Blockchain & Fintech Innovation) | −23.31% | 1.97% |
| SCBFINTEC(SSFE) | 4.17% | several master funds (ARK Fintech Innovation, AMPLIFY MOBILE PAYMENTS) | −17.96% | 0.13% |
| B-FINTECH | 4.11% | BGF FinTech Fund | −14.88% | 1.19% |
| TFINTECH | 4.07% | BGF FinTech Fund | −18.24% | 1.38% |
| ES-FINTECH | 3.69% | several master funds (ARK Fintech Innovation, AMPLIFY MOBILE PAYMENTS, Global X Japan Fintech) | −19.58% | 1.25% |
| DAOL-OSHOP | 3.14% | several master funds (VanEck Digital Transformation, VANECK RETAIL, AMPLIFY ONLINE RETAIL) | −20.88% | 1.62% |
| DAOL-CYBER | 3.00% | several master funds | −26.82% | 1.97% |
 KT-BLOCKCHAIN-A | 2.36% | several master funds (Amplify Transformational Data Sharing, VanEck Digital Transformation) | −37.61% | 1.55% |
 KF-SMCAPD | 0.79% | Goldman Sachs Global Small Cap CORE Equity Portfolio | +13.65% | 1.69% |
| Master fund | Thai funds using this route | Master fund's XYZ weight |
|---|---|---|
| VanEck Digital Transformation ETF | 2 | 7.44% |
| BGF FinTech Fund | 2 | 4.11% |
| several master funds (VanEck Digital Transformation) | 1 | 5.72% |
| several master funds (ARK Blockchain & Fintech Innovation) | 1 | 4.96% |
| several master funds (ARK Fintech Innovation, AMPLIFY MOBILE PAYMENTS) | 1 | 4.17% |
| several master funds (ARK Fintech Innovation, AMPLIFY MOBILE PAYMENTS, Global X Japan Fintech) | 1 | 3.69% |
| several master funds (VanEck Digital Transformation, VANECK RETAIL, AMPLIFY ONLINE RETAIL) | 1 | 3.14% |
| several master funds | 1 | 3.00% |
| several master funds (Amplify Transformational Data Sharing, VanEck Digital Transformation) | 1 | 2.36% |
| Goldman Sachs Global Small Cap CORE Equity Portfolio | 1 | 0.79% |
