Square Stock or SQ Stock has seen some massive gains in 2020, trading at lows of $35 to hights of $280.Throughout 2020 Square Stock was guided by the team's purpose of economic empowerment. Across both ecosystems, Square pivoted their product roadmaps and prioritized new investments to best help customers adapt during the pandemic. Square also furthered their ongoing commitment to building a more inclusive and sustainable foundation for their global business, such as sharing plans to invest $100 million in minority and underserved communities, announcing our plans to be net-zero carbon for operations by 2030, and launching the Bitcoin Clean Energy Investment Initiative.

In the fourth quarter of 2020, gross profit grew 52% year over year to $804 million. Square's Cash App ecosystem delivered strong gross profit growth of 162% year over year. In their Seller ecosystem, gross profit was up 13% year over year in the fourth quarter. For the full year of 2020, gross profit grew 45% year over year to $2.73 billion. Cash App generated $1.23 billion in gross profit, up 168% year over year, and our Seller ecosystem generated $1.51 billion in gross profit, up 8% year over year.

Square sees compelling opportunities to increase its investments across their Cash App and Seller ecosystems. In 2021, Square is focusing on its investments in customer acquisition and product innovation. They have achieved attractive returns on our sales and marketing investments as customers have turned to their ecosystems to help them in dynamic environments, and they intend on continuing to expand and strengthen their product offerings. They believe our ecosystems can reach customers in new markets and see significant opportunities to invest behind long-term growth. Their purpose continues to guide their business and Square's investments—they remain committed to the work ahead.

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~Agenda~

0:00-1:32 | Intro & Agenda
1:33-5:36 | Recent SQ Stock News
5:37-15:21 | Q4 Earnings & Shareholder Letter
15:22-18:12 | Key Shareholders
18:13-19:36 | My Thoughts & Rating

Disclaimer:

*I am NOT a registered investment
Advisor or Broker-Dealer. This video is for educational
purposes and is not intended to tell you where to spend
your money. Take this video as my own opinion and
NEVER invest your money based on my ideas and
opinions.*

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