Wednesday, October 14, 2015

7 Things We Learned From Square's IPO Papers

Highlights from the payment company’s S-1 filing.

Justin Tallis / AFP / Getty Images

Square's revenue has exploded in the last three years, rising to $850 million in 2014 from $204 million in 2012. Meanwhile, the company's net loss has gone from $85 million in 2012 to $154 million in 2014. That said, loss as a percentage of revenue has declined, dropping to 18% of revenue in 2014 from 42% of its revenue in 2012. In the first half of 2015, Square booked $561 million in revenue with a net loss of $78 million.

Smithsonian / Via flic.kr


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SOURCE: BuzzFeed

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