Q3 2024 Earnings

Financial Services Financial - Data & Stock Exchanges

Income Statement

Revenue

$1.2B+78.8% YoY

Gross Profit

$856M71.0% margin

Operating Income

$170M14.1% margin

Net Income

$75M6.3% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-16.9%

Cash Flow

Operating Cash Flow

$697M

Free Cash Flow

$697M

Stock-Based Comp.

$248M

Balance Sheet

Total Assets

$290.6B

Total Liabilities

$281.8B

Stockholders' Equity

$8.7B

Cash & Equivalents

$7.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$674M	+78.8%
Gross Profit	$856M	$411M	+108.0%
Operating Income	$170M	-$80M	+312.4%
Net Income	$75M	-$2M	+3433.1%

Revenue Segments

Bank Servicing, Consumer, Net

$483M42%

Subscription and Circulation, Stablecoin

$247M22%

Subscription and Circulation, Blockchain Infrastructure Service

$155M14%

Other Revenue

$77M7%

Subscription and Circulation, Other

$59M5%

Bank Servicing, Institutional

$55M5%

Bank Servicing, Other

$34M3%

Subscription and Circulation, Custodial Fee

$32M3%

Geographic Segments

UNITED STATES

$1.0B86%

Rest of the World

$167M14%