Financial Statements

Block, Inc. (SQ)


-4.81 (-6.21%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) -28-297-510-886-
Net Income -541166213375-38
Stock Dividends -103---847
Dividend Paid -----
Retained Earnings -569-28-297-510-886

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 732690262142-
Annual Depreciation 142175566182205
Capital Expenditure -171-134-138-62-63
Net PPE 702732690262142

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -262266317519
New Purchases -1,148-1,319-2,016-3,422-812
Intangible and Goodwill 26226631751911,967

Block, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Block, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.