earnings
confidence high
sentiment neutral
materiality 0.70
Marqeta Q4 TPV $80B (+29%); Net Rev $136M; GAAP Net Loss $27M; FY Net Income $27M; $300M buyback
Marqeta, Inc.
- Q4 TPV $80B (+29% YoY), Net Rev $136M (+14%), Gross Profit $98M (+18%), GAAP Net Loss $27M.
- FY TPV $291B (+31%), Net Rev $507M (-25% due to Cash App renewal), Gross Profit $352M (+7%), GAAP Net Income $27M.
- Adjusted EBITDA $13M in Q4, $29M for FY; operating expenses down 39% YoY for the year.
- Board authorized $300M share repurchase; acquiring TransactPay for UK/EEA EMI licenses; adds Amex network option.