lautaro: 7 Things We Learned From Square's IPO Papers

14 Ekim 2015 Çarşamba

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.