Categories
Weight Loss Products

Square: 51 Pct Of GPV Comes From Larger Sellers

Square‘s Q4 earnings 2018 results came after market close on Wednesday (Feb. 27), showing the continuation of several trends seen in recent quarterly reports. These trends included double-digit gross payment volume (GPV) growth, as measured year on year, double-digit transaction gains and traction in newer technology offerings — such as point-of-sale (POS) financing to help sellers log their own top-line growth.

In terms of headline numbers, the payments processing firm reported adjusted revenues of $464 million, up 64 percent year on year, while the Street had looked for $454 million. Earnings on an adjusted basis were $0.14 per share, which matched the Street.

Gross Payment Volume And Large Seller Mix Growth 

Digging into the numbers a bit, GPV was up 28 percent in Q4 to $23 billion. Transaction-based revenue was up 27 percent to $668 million. The Cash App, Square said, had more than 15 million monthly active users in December 2018, more than double the number seen in the final month of 2017.

In terms of seller mix, those with annualized volumes north of $500,000 were 24 percent of the GPV, while those between $125,000 and $500,000 were 28 percent. That means larger sellers made up 51 percent of the mix, compared to a similar tally of 47 percent in the same period last year. (Management also spotlighted the fact that verticals such as restaurants are seeing increased momentum with Square’s offerings.)

With more granular detail on mix and technology adoption, newly joined Square CFO Amrita Ahuja said during the conference call with analysts that 30 percent of those sellers serve customers across more than one channel on Square. She added that Virtual Terminal, Invoices and eCommerce API offered up more than 10 percent of the company’s GPI in Q4.

Square also said its recently launched Payroll offering has been useful in helping sellers manage operations, as smaller firms may be relatively underserved by traditional payroll providers. As much as one-third of firms that signed on to Square Payroll throughout 2018 were new to the company, according to supplemental materials filed by Square with its earnings announcement.

In Q4, Square Capital facilitated 72,000 business loans at $472 million, up 55 percent year on year.

In reference to questions about installment payment options (where payment plans can be set up for purchases ranging from $250 to $10,000), introduced during the final months of 2018, CEO Jack Dorsey noted the introduction is still “early,” but that the offering gives Square’s sellers a “tool” that can help compel customers to make a purchase.

Hardware revenue in Q4 was $18 million, up 51 percent year on year, and driven by Square Terminal, Square Register and third-party peripherals. All this leads to — as Dorsey said on the call — an “ecosystem” for the company’s sellers and customers.

In his comments on the Square Card, a free business debit card that allows sellers to access funds upon logging sales, Dorsey said the firm has identified a “pain point” that can be addressed by linking accounts and helping owners invest in their businesses. Square estimated that as much as 40 percent of Square Card beta sellers (per research conducted last month) did not previously have a business debit card. He noted that the card enables new businesses to launch without the need for traditional banking in place, which he termed “pretty profound.” Elsewhere on the call, he said the card can help underserved, underbanked sellers.

Ahuja and Dorsey also explained on the call how there had been a “network effect” that helped the company see growth in products and services that were announced and launched within the last five years. Moving forward, management said that focus would remain on mobile payments and online initiatives.

In after-hours trading, Square shares fell as much as 6 percent, as guidance on an adjusted basis of between $0.06 to $0.08 per share missed the Street estimate of $0.11. Square said it will continue to invest in growth.

——————————–

Latest Insights: 

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. Check out our February 2019 Payments And The Platform Economy Report 

, , , , , , , , , , , , ,

Recommended for you

Categories
Weight Loss Products

What’s NUTRAFUELS INC (OTCMKTS:NTFU) Upside After This Short Interest Increase? | Thorold News

The stock of NUTRAFUELS INC (OTCMKTS:NTFU) registered an increase of 192% in short interest. NTFU’s total short interest was 14,600 shares in March as published by FINRA. Its up 192% from 5,000 shares, reported previously. With 100,800 shares average volume, it will take short sellers 0 days to cover their NTFU’s short positions.

The stock increased 0.20% or $0.0004 during the last trading session, reaching $0.1743. About 27,175 shares traded. NutraLife BioSciences, Inc. (OTCMKTS:NTFU) has 0.00% since March 10, 2018 and is . It has underperformed by 4.37% the SP500.

NutraFuels, Inc. manufactures and distributes oral spray nutritional and dietary products to retail and wholesale outlets. The company has market cap of $19.17 million. The companyÂ’s products include sleep spray to support a healthy sleep cycle and improve the quality of restful sleep; energize spray to enhance energy, and restore vigor and vitality; and garcinia cambogia spray, an appetite and weight management spray. It currently has negative earnings. It also offers NRG-X extreme energy spray to enhance energy and stamina; headache and pain spray to relieve headaches and pain; and hair, skin, and nails spray to nourish and encourage hair, skin, and nail growth.

More news for NutraLife BioSciences, Inc. (OTCMKTS:NTFU) were recently published by: Marketwired.com, which released: “NutraFuels (NTFU) Files its Application to Up List to the OTCQB OTC Market – Marketwired” on January 29, 2018. Globenewswire.com‘s article titled: “Freedom Leaf Inc. Announces National Distribution Agreement Other OTC:FRLF – GlobeNewswire” and published on February 28, 2018 is yet another important article.

Receive News Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.


Categories
Weight Loss Products

Best Selling Weight Loss Supplements – 4 Women Try 4 Diet Supplements

With the full-on holidays happening (and the winter bulge looming), it could be tempting to add weight-loss pills to the cart along with the eggnog and Christmas cookies. But do they actually work? Are they safe? Here are four women’s real-life takes on what happened when they tried them. 

*Important note: REDBOOK does not endorse diet pills or supplements in any way. They are not regulated by the FDA and could be harmful. As with any herbal supplement or weight-loss aid, you should check with your doctor before trying.

image

Garcinia Cambogia

Tested by: Jessica and Michael Dewes, St. Louis

What is it? A small fruit grown in Southeast Asia and Africa, garcinia cambogia contains an enzyme called hydroxycitric acid, which marketers say slows the body’s ability to absorb fat.

Rank on Amazon: Number one for weight-loss supplements. After major celeb endorsements and a marketing push in the past few years, it’s become Amazon’s top seller.

Safety check: In 2009, the FDA issued a warning about links to liver toxicity in a Hydroxycut product line that contained garcinia. It wasn’t clear which ingredients could potentially lead to toxicity, but when they pulled the line and formulated a new one, garcinia wasn’t an ingredient. Its safety and weight-loss benefits haven’t been studied extensively, but one study did find that it could be toxic for people who take antidepressants.

What happened when I tried it for two months:

“My husband and I were on vacation in Michigan when we decided to buy a big bottle at the local grocery store. We were the typical parents. We needed to lose weight, but we worked long hours and didn’t have the best habits. A few celebrities had endorsed garcinia, and there are, like, a million other ads and testimonials for it. It was like any other vitamin. We didn’t notice any side effects… or any other effect, for that matter. Our weight stayed exactly the same, week after week. I was okay to stop after the first couple of weeks, but my husband kept it going until he finished the bottle—a few months or so. I wouldn’t recommend it—we didn’t really start losing weight until we aggressively changed our diet, which would have led to weight loss anyway. I don’t usually go for supplements, but when you’re overweight, tired, and have no time to exercise, it’s easy to be fooled.”

Bottom line: 

“Now we’re doing the 5:2 fast, where you only eat about 500 calories a day for two days a week, and that’s worked a lot better for us.”

image

Alli

Tested by: Michelle Mulligan, New York City

What is it? A capsule you take three times a day, Orlistat (Alli), a reduced dose of a prescription drug, is said to work by blocking absorption of 25 percent of the fat you consume. Important note: The supplement is meant to work by decreasing the fat in low-calorie, healthy foods you consume, and can cause “gastrointestinal distress” if you eat fatty food while taking. (More on this later.)

Rank on Amazon: Number two for weight-loss supplements.

Safety check: FDA-approved, but has been linked in rare cases to liver toxicity.

What happened when I tried it for a week:

“I had just rejoined Weight Watchers around the time Alli was launching, and somehow I got a free week’s trial in the mail. (It felt like the universe was trying to tell me something.) I desperately wanted to lose the 15 pounds that had crept back on after my last Weight Watchers run. I got really excited and imagined it would work in two ways: First, it would block the effects of my inevitable midnight fried chicken and beer run, and second, it would force me to be mindful of everything I was eating because I had to take a pill with every meal. Not to mention the competition. I had an elaborate fantasy about a dramatic first weigh-in, involving a gold badge for the biggest one week weight loss of all time (I’ve since learned they don’t dole out awards for this). A friend of mine was also doing it and warned me not to eat any fatty food after you took the pill, as it could have some serious bathroom consequences. I heard her out, carefully choosing my meals as not to end up incontinent. The pill quickly became a routine before meals, and I seemed less hungry and kind of forgot about it. Plus, nothing bad happened when I finished my friend’s rice and beans…. All was fine, until on the third day, when I had a turkey burger. To me, a turkey burger was a healthy choice that should have earned me admiring stares from my coworkers, especially considering I didn’t order the fries! Apparently it contained too much fat for Alli, though. After feeling contractions resembling a sharp kick to the stomach, I ended up in the bathroom for most of a brutal afternoon.”

Bottom line: 

“I stopped using Alli after the turkey incident, so I’m not sure if it really helped me or not. I’ll admit I didn’t know how much fat was in the burger, and I imagine for some very careful food-monitoring people, it could work. In my case, I did at least earn a big Weight Watchers clap for the two pounds I lost that week.”

image

Carb Inhibitors With White Kidney Bean Extract

Tested by: Danielle Sampson, St. Louis

What is it? Supplements that contain “carb inhibitors,” like white kidney bean extract, are said to block the absorption of fat and carbs after every meal. One popular brand called It Works! combines kidney bean extract, prickly pear extract, garcinia cambogia, chromium, and other herbs, and it’s supposed to pack a super-carb-blocking punch. Like Alli, you take one with or just after every meal.

Rank on Amazon: Number five through number 16 in carb blockers.

Safety check: The FDA has sent warnings to It Works! marketers about its weight-loss claims because they haven’t been significantly studied.

What happened when I tried it for a year:

“As a professional dancer and instructor, I was sick of being the biggest girl in the group. I didn’t want to look sloppy, and I hoped to tighten and tone my curves. Weight loss has always been hard for me because I come from a family of thick girls. We’re just bigger naturally. Then I went to a a doctor who said that I was obese. I weighed 220 pounds, and I really wanted to make a change. I went on a strict diet plan, and started working out intensely. I lost about 15 pounds the first month, then felt like I might plateau, so I took Hydroxycut to speed things up. It made me jittery and I couldn’t sleep; I just stayed up at night staring at the walls. I feel like it slowed down my weight loss; I only lost about 7 to 10 pounds the month I was on it. After that, I decided to do a 90-day challenge. A friend from my Zumba class recommended It Works!; I liked it because it would be safe and all-natural, and I felt like my metabolism still needed a boost. The challenge involved five two-hour bikini body workouts a week, eating healthy meals every two hours, the supplements, and body wraps. By the end, I weighed 170 pounds.” 

Bottom line: 

“I finished that challenge a year ago, and I’m still taking the pills. I don’t work out as much, so I haven’t lost more weight. But I feel like the supplements do keep my energy up, curb my appetite, and keep my metabolism moving. I weigh 172 pounds now.”

image

Hydroxycut

Tested by: Caz McKinnon, Brooklyn, New York

What is it? A combo of herbs ranging from wild olive extract to raspberry ketones and sometimes caffeine, it’s supposed to work by speeding fat metabolism and stopping cravings.

Rank on Amazon: Number eight in weight-loss supplements.

Safety check: The FDA recalled a previous version in 2009 due to a link to liver toxicity. Its original formula, which contained the stimulant Ephedra, was also banned in 2004. No recent research has been published on new formulations.

What happened when I took it for two weeks:

“I had just moved to the United States from England, and the shift in lifestyle made me gain just under 30 pounds in about six months. I needed to lose weight fast. I saw Hydroxycut pretty much everywhere on the shelves, so I thought it was probably just a normal supplement that everybody took to help lose weight. I figured it wouldn’t be like the prescription-strength, speedy, scary stuff you hear about, because it was legal and available, so I grabbed a bottle at a drugstore. Within 24 hours, I had a reaction. It started to feel like my mouth was full of glass splinters. I couldn’t swallow anything because I had so many canker sores. My mouth got to the point where it was so swollen, I had to live off liquids and smoothies. I felt like I had protracted a terrible illness, and I didn’t tell anyone about it. I was nauseous all the time, so I couldn’t hold much down. It got so bad that one day I would have a spoonful of ice cream for lunch, followed by whatever I had in the fridge mixed in the blender for dinner. I was living in a haze, but for some reason I stuck with it, probably because the scale showed me I had lost five pounds. One night my roommate was over the weirdness and asked me what was happening. I told him about the pills, and he went to find them and threw them out immediately, saying the whole thing was ‘effing ridiculous.’ I was fine with it. It was one of those things where you just need someone to say it.”

Bottom Line: 

“I had tried Slim Fast and other fads before, but this is pretty much the end of my supplement career.”