secwatch.observer — SEC 8-K summary
======================================

Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001522540-23-000014
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta Q4 TPV $47B (+41% YoY), net revenue $204M (+31%), GAAP net loss $26M
----------------------------------------------------------------------------

- Q4 net revenue $204M (+31% YoY); gross profit $87M (+15%); GAAP net loss $26M; Adj. EBITDA loss $7M.
- Full year net revenue $748M (+45%), TPV $166B (+50%); GAAP net loss $185M.
- CEO Simon Khalaf appointed; founder Jason Gardner becomes Executive Chairman.
- Acquired Power Finance Inc. to enhance credit card capabilities.
- Chosen by Rakuten to support Club R Pay digital card for 12M members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000152254023000014/0001522540-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000152254023000014/mq-20230228.htm
  HTML page:      https://secwatch.observer/filing/0001522540-23-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer