Friday, April 01, 2022
Blackboxstocks Inc. (BLBX)
A Year to Build Off Of
Blackboxstocks, Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs “predictive technology” enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/screenshare feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans 42 countries; current subscription fees are $99.97 per month or $959.00 annually. For more information, go to: www.blackboxstocks.com
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
4Q Results. Blackboxstocks’ management announced their fourth quarter and full year results yesterday, with fourth quarter revenue coming in at $1.69 million, a record for total revenue for the company, and a 62% increase over fourth quarter 2020. We had forecasted $1.53 million. Net loss for the quarter totaled $1.88 million, compared to the fourth quarter 2020’s loss of $518,857, while gross margin was 65.8% compared to 52.0% last year. We estimated net loss to be $610,800 and gross margin of 68.0%.
Fiscal Year Results. For the fiscal year, the Company totaled revenue of $6.11 million, a 81.5% increase over fiscal year 2020’s $3.37 million. Gross margin increased year-over-year by 540 basis points to 69.7% from 64.3% in the 2020 fiscal year. The increases in both revenue and gross margin was noted by management as leveraging its strong membership growth, although they did not disclose …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
