Financial Snapshot

Revenue
$490.0M
TTM
Gross Margin
68.79%
TTM
Net Earnings
$13.99M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
366.09%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.096B
Q3 2024
Cash
Q3 2024
P/E
139.0
Nov 29, 2024 EST
Free Cash Flow
$35.84M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $676.2M $748.2M $517.2M $290.3M $143.3M
YoY Change -9.63% 44.67% 78.16% 102.62%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $676.2M $748.2M $517.2M $290.3M $143.3M
Cost Of Revenue $346.7M $428.2M $285.5M $172.4M $82.81M
Gross Profit $329.5M $320.0M $231.7M $117.9M $60.45M
Gross Profit Margin 48.73% 42.77% 44.8% 40.62% 42.2%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $519.5M $447.1M $343.0M $143.0M $101.3M
YoY Change 16.2% 30.34% 139.88% 41.13%
% of Gross Profit 157.66% 139.71% 148.04% 121.28% 167.61%
Research & Development $55.61M $52.36M $33.64M $13.24M $7.796M
YoY Change 6.21% 55.66% 154.08% 69.82%
% of Gross Profit 16.88% 16.36% 14.52% 11.23% 12.9%
Depreciation & Amortization $10.74M $3.900M $3.500M $3.500M $3.100M
YoY Change 175.41% 11.43% 0.0% 12.9%
% of Gross Profit 3.26% 1.22% 1.51% 2.97% 5.13%
Operating Expenses $612.5M $529.8M $393.7M $165.0M $119.3M
YoY Change 15.61% 34.57% 138.62% 38.28%
Operating Profit -$283.0M -$209.8M -$162.0M -$47.09M -$58.86M
YoY Change 34.89% 29.51% 244.06% -20.01%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $52.44M $24.93M -$2.563M -$521.0K $698.0K
YoY Change 110.38% -1072.53% 391.94% -174.64%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$230.6M -$184.9M -$164.6M -$47.61M -$58.17M
YoY Change 24.71% 12.34% 245.68% -18.15%
Income Tax -$7.613M -$102.0K -$640.0K $87.00K $35.00K
% Of Pretax Income
Net Earnings -$223.0M -$184.8M -$163.9M -$47.70M -$58.20M
YoY Change 20.67% 12.73% 243.7% -18.05%
Net Earnings / Revenue -32.98% -24.7% -31.7% -16.43% -40.62%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.42 -$0.34 -$451.9K -$89.95K -$109.8K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $1.250B $1.625B $1.700B $370.3M $155.6M
YoY Change -23.08% -4.45% 359.17% 138.05%
Cash & Equivalents $981.0M $1.184B $1.248B $220.4M $60.34M
Short-Term Investments $268.7M $440.9M $452.9M $149.9M $95.23M
Other Short-Term Assets $34.27M $45.19M $42.47M $19.26M $17.13M
YoY Change -24.15% 6.4% 120.48% 12.41%
Inventory
Prepaid Expenses
Receivables $21.00M $16.19M $14.14M $8.420M $3.974M
Other Receivables $83.73M $60.69M $41.67M $32.89M $20.53M
Total Short-Term Assets $1.389B $1.747B $1.799B $430.9M $197.2M
YoY Change -20.5% -2.89% 317.43% 118.51%
Property, Plant & Equipment $25.25M $16.45M $20.98M $22.89M $25.77M
YoY Change 53.46% -21.58% -8.32% -11.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $8.384M
YoY Change -100.0%
Other Assets $7.190M $7.122M $2.286M $3.886M $218.0K
YoY Change 0.95% 211.55% -41.17% 1682.57%
Total Long-Term Assets $201.0M $23.58M $31.65M $26.77M $25.99M
YoY Change 752.5% -25.51% 18.22% 3.03%
Total Assets $1.590B $1.770B $1.830B $457.7M $223.2M
YoY Change
Accounts Payable $1.420M $3.798M $2.693M $2.362M $2.889M
YoY Change -62.61% 41.03% 14.01% -18.24%
Accrued Expenses $132.9M $119.8M $95.04M $56.56M $30.99M
YoY Change 10.89% 26.1% 68.02% 82.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $336.6M $282.9M $238.0M $141.1M $64.31M
YoY Change 18.98% 18.87% 68.65% 119.4%
Long-Term Debt $0.00 $0.00 $0.00 $2.517M $569.0K
YoY Change -100.0% 342.36%
Other Long-Term Liabilities $9.717M $14.51M $18.98M $25.90M $20.97M
YoY Change -33.04% -23.56% -26.71% 23.52%
Total Long-Term Liabilities $9.717M $14.51M $18.98M $28.42M $21.54M
YoY Change -33.04% -23.56% -33.2% 31.94%
Total Liabilities $346.3M $297.4M $257.0M $169.5M $85.85M
YoY Change 16.45% 15.74% 51.58% 97.46%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 532.5M shares 545.4M shares 362.8M shares 122.9M shares 113.9M shares
Diluted Shares Outstanding 532.5M shares 545.4M shares 362.8M shares 122.9M shares 113.9M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.9443 Billion

About Marqeta, Inc.

Marqeta, Inc. engages in the creation of a digital payment technology. The company is headquartered in Oakland, California and currently employs 771 full-time employees. The company went IPO on 2021-06-09. The firm provides a single, global, cloud-based, open application programming interface (API) platform for modern card issuing and transaction processing. The company works with companies in a range of different configurations, such as Managed By Marqeta and Powered By Marqeta. With Managed By Marqeta, the Company provides an issuing bank partner to act as the bank identification number; sponsor for the customer’s card program; manages the customer’s card program on behalf of the issuing bank, and provides a full range of services, including configuring many of the critical resources required by a customer’s production environment. With Powered By Marqeta, it provides payment processing, and assists with certain configuration elements that enable the customer to use the platform independently. The company serves customers in multiple industry verticals, including financial services, on-demand services.

Industry: Services-Prepackaged Software Peers: Affirm Holdings, Inc. EURONET WORLDWIDE, INC. ExlService Holdings, Inc. Flywire Corp VERRA MOBILITY Corp MAXIMUS, INC. Shift4 Payments, Inc. VISA INC. Western Union CO WEX Inc.