Square Inc (SQ Q1FY20) – Cash App drives momentum as transacting activities grew by 4 times M/M in April.

in , on July 17, 2020

Square has acquired another Spanish based payments app called Verse that allows users to send money to friends and family for free. The terms of the deal were not disclosed. Verse is being integrated into its Cash App division, which also allows users to transfer money to one another. This acquisition will make way for Square to expand its user base in Europe.

Executive Summary

Financial Statements

– Income Statement and Forecast
– Balance Sheet
– Cash Flow
– Q1FY20 Results Overview
– Segment Wise Performance
– Key Developments
– Conclusion
– GAAP to Non GAAP reconciliation

Historical Performance

– Key Ratios
– Profitability Ratios, Asset Turnover Ratio, Growth Ratio
– Per Share Data

Product Performance and Key Developments

– Ownership
– Competitors

Valuation and Consensus Performance

– Relative Valuation
– Analyst Recommendations

Market Price Performance

CrispIdea Coverage

Release Information

  • Released

    July 17, 2020

  • Last Updated

    July 17, 2020